Commercial Loan Business Development Officer jobs in Surprise, AZ

Commercial Loan Business Development Officer sells commercial loan services to prospective clients. Develops the initial relationship with prospects and coordinates with loan relationship manager to close selling process. Being a Commercial Loan Business Development Officer develops sales strategies for expanding referral sources. Typically requires a bachelor's degree. Additionally, Commercial Loan Business Development Officer typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Business Development Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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SBA Loan Officer (Business Development)
  • W3Global Inc
  • Phoenix, AZ FULL_TIME
  • SUMMARY:
    Over the past two quarters, We have grown our small business loan portfolio by 320% ranking #1 among all Arizona based banks in rate of loan growth. Our differentiators and service are in demand and to support this growth, we are hiring.
    You own it, are accountable, and likely are a senior, top performing SBA 7A and 504 Business Loan Senior Underwriter. Please note this is NOT a consumer or residential loan position. Your current employer may be stopping or slowing its SBA business lending, or you may be worried about your current employer's bureaucracy/politics, not happy with your future opportunity, or perhaps interested in exploring a change. Ethics, integrity, building trust, developing relationships, honoring your promises, and delivering results are important to you.
    You are very intrigued to learn that our employees rank us among the best work cultures they have experienced. You are interested in learning about the proprietary services we invented (check out our website to learn more). You either currently live in the Phoenix Arizona metro area or have family or friends and are interested in being based here. If this sounds like you, please keep reading and we encourage you to apply.
    The Senior Underwriter (SU) for SBA 7A and 504 Business Lending, will be responsible for complex credit analysis, loan underwriting, and loan packaging for the U.S. Small Business Administration's (SBA) loans and U.S. Department of Agriculture (USDA), loans. The SU will also be required to assist in the underwriting of non-GGL loans as resources are needed to cover workflows as directed by the Bank's VP/Credit Officer and the Chief Lending Officer. The SU performs work of unusual difficulty in structuring commercial real estate, business and working capital loan transactions through various government guaranteed loan programs and/or combine non-traditional financing assistance programs to leverage traditional bank and other financing structures.
    Note: This is NOT a consumer or residential mortgage position, and rather, prior experience in commercial business loans, specifically with prior SBA 7A and 504 business loan experience is required.
    RESPONSIBILITIES:
    1. Serves as the Subject Matter Expert and Liaison to/for GGL Programs.
    2. Prepares loan credit memorandums and recommends credit decision upon the review and analysis of the loan application package and supporting documentation.
    3. Packages GGL loans for submission and obtains applicable approvals/authorizations.
    4. Proficient management with interaction with CAFS/ETran portal including the resolution of screenouts.
    5. Reviews the official SBA authorization and loan agreement for accuracy and to ensure the terms and conditions correspond with he approved credit approval and credit authorization.
    6. Thorough understanding of GGL compliance and reporting requirements.
    7. Evaluates CRE, business acquisitions, equipment, expansions, start-up, and tenant improvement project requests are in compliance with bank underwriting guidelines along with GGL requirements.
    8. Analyzes and spread borrower financial data including financial statements, tax returns, projections, real estate and debt schedules, leases, credit reports, background reports, character review and resumes.
    9. Reviews title reports, UCC filings, appraisals, environmental reports, and business valuations.
    10. Completes industry analysis assessing and mitigating credit risk.
    11. Facilitates communications and information between bank personnel, GGL offices, and third-party partners.
    12. Contacts/communicates/assists GGL and non-GGL Business Development Officers to discuss issues, collect needed documentation and manage workflows from application generation through loan closing.
    13. Directs and reviews proper loan documentation, both attorney-prepared and generated from LaserPro.
    14. Assists in portfolio management, servicing requests, annual reviews, and special asset transfers.
    15. Provides training to processors and commercial credit analysts as needed.
    16. Maintains knowledge of updates to the loan policy, procedural notices, and GGL SOP's
    17. Complies with all regulatory requirements.
    QUALIFICATIONS:
    Knowledge, Skills & Abilities
    1. Bachelor's Degree or equivalent related experience.
    2. Minimum of five years of experience in commercial business and real estate loan underwriting specifically in SBA, USDA loans required, plus prior non-SBA C&I loan experience is preferred.
    3. Prior experience in sales as a BDO or relationship management.
    4. Strong knowledge and experience of GGL policy and procedures.
    5. Advanced analytical and problem-solving skills with prior commercial lending experience.
    6. Proficient in financial analysis centered in credit quality and cash flow including accounting, spreading financial statements and tax returns.
    7. Strong verbal and written communication skills.
    8. Advanced understanding of borrower documentation and third-party reports such as entity documents, credit/background reports, appraisals, business valuations, title, and environmental.
    9. Ability to work effectively with individuals across the bank to assist in managing internal and external relationships.
    10. Ability to deliver excellent service to teammates, sales staff, and customers.
    11. Ability to work in fast-paced environment while delivering accurate and quality work product.
    12. Knowledge of the Southwest US area real estate markets a plus.
    13. Working knowledge of workflow and underwriting platforms required, loan platforms including Spark, Abrigo, LaserPro and FIS highly desired.
    14. Advanced knowledge of MS Excel and the MS Office Suite of products.
    EDUCATION & EXPERIENCE
    • Bachelor's Degree in accounting, business or finance preferred.

    • 5 years in Commercial Banking Government Guaranteed Lending (e.g., Credit Administration, Commercial Credit Underwriting, Portfolio Management or Commercial Lending) is required.

    ENVIRONMENT & PHYSICAL DEMANDS:
    • Ability to lift a minimum of 20lbs. (e.g., file boxes).

    • Must be able to sit, stand, bend and stoop.

    • Sitting/Standing for 90% of the time.

    • Requires ability to use keyboard up to 8 hours.

    • Travel may be required.

    The preceding job description indicates the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees.
    INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT: We are an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other basis protected by law.
    About us: Our Mission is to "Help small businesses maximize growth and employment". Our Why is because "Employment lifts people up and transforms lives".
    Our Core Values are:
    · Earn and be worthy of Trust: Trust is everything. Be authentic, honest, make personal connections and keep your promises.
    · Demonstrate an optimistic and positive attitude: Our intentions should be upbeat, positive and lift others up. Positivity breeds success.
    · Focus on client-centric solutions: We listen, understand and WOW our clients.
    · We deliver results: Own it, be accountable, committed and strive for positive outcomes in everything we do.
    Benefits: Comprehensive package including: Health, dental and vision insurance, paid time off, company paid life insurance, short and long-term disability, 401k, and tuition savings program.




    #INDW3

  • 13 Days Ago

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Commercial Lending Business Development Officer (VP/SVP)
  • Integro Bank
  • Phoenix, AZ FULL_TIME
  • DescriptionSUMMARY: You own it, are accountable and likely are a top performing sales business development officer for business, C&I, CRE loans, deposit and full range of banking solutions for commerc...
  • 1 Month Ago

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Business Development Manager
  • Atmosphere Commercial Interiors
  • Phoenix, AZ FULL_TIME
  • DescriptionCOMPANY OVERVIEWWe are one of the largest commercial furnishing providers in the country, creating spaces that are engaging, inspiring, and perfectly tailored to our clients' needs and goal...
  • 1 Month Ago

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Commercial Loan Officer
  • First International Bank & Trust
  • Phoenix, AZ FULL_TIME
  • First International Bank and Trust is a family-owned community bank and one of Prairie Business Magazine's 50 best places to work for 10 years running. We are seeking an experienced professional with ...
  • 1 Day Ago

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Senior Business Development Officer
  • Desert Financial Credit Union
  • Phoenix, AZ FULL_TIME
  • The Senior Business Development Officer is responsible for developing and executing strategies to drive membership growth while expanding the credit union's community presence.. This critical role foc...
  • Just Posted

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Business Development Officer
  • Chicanos Por La Causa
  • Phoenix, AZ FULL_TIME
  • This position is salary based plus incentive. POSITION SUMMARY The Business Development Officer, is responsible for driving the growth of Prestamos by formulating and implementing comprehensive strate...
  • 21 Days Ago

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0 Commercial Loan Business Development Officer jobs found in Surprise, AZ area

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Business Development Representative
  • RSC Middleware Test Company
  • Phoenix, AZ
  • Jamba Software is looking for a sales representative to join our team in our Pittsburgh office. This person will activel...
  • 4/24/2024 12:00:00 AM

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Business Development Representative
  • Khalsa IT Solutions LLC
  • Tempe, AZ
  • Job Description Job Description We are seeking a Business Development Representative to become an integral part of our t...
  • 4/24/2024 12:00:00 AM

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Business Development Representative
  • Advanced United Refining
  • Phoenix, AZ
  • Company Overview Advanced United Refining, Inc., an industry leading Business to Business (B2B) brand, offers a diverse ...
  • 4/24/2024 12:00:00 AM

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Business Development Representative
  • Innovative Promotions
  • Phoenix, AZ
  • Job Description Job Description Here at Innovative Promotions, we are a rapidly growing Business Development firm specia...
  • 4/24/2024 12:00:00 AM

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Business Development Representative
  • Fullbay
  • Phoenix, AZ
  • Position Summary The Business Development Representative role is the first point of contact for many of our new customer...
  • 4/23/2024 12:00:00 AM

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Business Development Representative
  • Lobel Financial Corporation
  • Tempe, AZ
  • Job Description Job Description Join one of the top 20 auto finance companies in the industry and grow with us! We offer...
  • 4/21/2024 12:00:00 AM

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Business Development Rep
  • PayPal, Inc.
  • Scottsdale, AZ
  • At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mis...
  • 4/21/2024 12:00:00 AM

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Business Development Representative
  • CrossCountry Freight Solutions
  • Phoenix, AZ
  • Do you enjoy building genuine connections with customers? Are you able to advise customers with solutions that promote m...
  • 4/21/2024 12:00:00 AM

Surprise is a city in Maricopa County, in the U.S. state of Arizona. The population was 30,848 at the 2000 census; however, rapid expansion has boosted the city's population to 117,517 at the 2010 census, an increase of 281%. As such, it is the second-fastest-expanding municipality in the greater Phoenix metropolitan area (after Gilbert) and, between 1990 and 2000, it was the sixth-fastest-expanding place among all cities and towns in Arizona. Census estimates in 2017 continue this accelerated growth pattern, with the population now estimated at 134,085. The city has a 10,562-square-foot (981....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Business Development Officer jobs
$77,721 to $112,155
Surprise, Arizona area prices
were up 2.2% from a year ago

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Based on our compensation data, the estimated salary potential for Commercial Loan Business Development Officer will increase 16 % over 5 years.
February 09, 2020
Commercial Loan Business Development Officer in Lexington, KY
Even though these professionals specifically work with commercial loans and in development (as opposed to closing) they may actually perform a number of the same tasks as traditional loan officers.
January 07, 2020
Commercial Loan Business Development Officer in Wichita, KS
This is where a commercial business development officer comes in.
January 22, 2020