Business Development Officer - SBA

LOCATION: REMOTE POSITION

ABOUT US:

Hanover Bank, The Bank of YOU – When you love your work and the people you work with, careers are made!

Embracing diversity, valuing inclusion and showing respect are the foundation upon which we build our team. At Hanover Bank, inclusion means respecting personal beliefs and appreciating that we all have perspectives that matter. We are stronger together as we move toward a shared vision of personal and corporate growth.

Whether you are just starting out or a seasoned professional, working for Hanover Bank can launch you on a path to success. With a passion for excellence, we strive to deliver exceptional service to our clients, foster a positive impact in the communities in which we work and live and help our team members achieve their professional goals. 

When you work with us you are empowered, engaged and encouraged to collaborate because every voice matters, every person counts!

JOB SUMMARY:

The SBA Business Development Officer (“BDO”) will sell SBA Products to the small business marketplace. This person will understand how to structure the most complex SBA deals and have a deep knowledge of SBA 7a, 504, and USDA. This role will also originate structure price-eligible SBA loan opportunities for the bank.

JOB DUTIES & RESPONSIBILITIES:

• Sources deposit and lending relationships on behalf of the Bank in support of achieving the Bank’s annual growth goals.
• Diligently maintain pipeline reports using the Bank’s IT systems and support the timely collection and accurate review of documents required from borrowers for the Bank to issue term sheets and submit loan requests for underwriting.
• Cross-sell new products to the Bank’s existing customers.
• Solicit customer feedback and assess the Bank’s competition to inform new product development.
• Work proactively to strengthen the Bank’s relationship with customers by proactively responding to inquiries and communicating with referral sources and/or customers to ensure as high a level of customer satisfaction as possible.
• Constantly and proactively assist the CBDO with refining the loan origination and deposit production processes to assist the Bank with maximizing the efficiency of its operations and the satisfaction of its customers.
• Ensure that their work is within compliance with SBA SOP compliance.
• Develop a complete banking relationship with banking borrowers to include deposit accounts.
• Represents the Bank at tradeshows and events, as applicable.
• Performs any and all other duties as assigned by the CBDO.

* A Business Development Manager/Officer is responsible for managing one or more Business Development Associates or Managers, respectively, in addition to fulfilling the responsibilities of a Relationship Associate.

 PROFESSIONAL REQUIREMENTS: 

• Able to work under pressure to meet the demand of high-pressure sales goals for SBA Lending.
• Able to work independently.
• Excellent communication skills.

CANDIDATE REQUIREMENTS:

• Minimum of 5 years of SBA or related experience.

 OUR BENEFITS:

• Medical, Dental and Vision (including HSA, FSA & Commuter Benefits)
• Company-paid benefits to include life insurance and AD&D plus long-term disability
• Voluntary Benefits (including additional life insurance and AD&D insurance for yourself, your spouse and/or you dependent children, Voluntary Short-Term Disability, Pet Insurance, and Legal Services)
• Supplemental Health Benefits (including Accident insurance and Hospital indemnity insurance, Cancer Care)
• Retirement- 401(k) with Company Match
• Paid Personal Time Off (PTO) & Paid Company Holidays
• Annual Bonuses
• Annual Increases
• Employee Events and Contests

Salary: $130,000.00

Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, national origin, disability or protected veteran status.