VP, Business Development Officer - Small Business Lending

Description Duties shall include, but not be limited to, sourcing opportunities, negotiating and issuing term sheets and assisting in the preparation of internal memoranda for deal approval.  It will also be necessary to work with Investment Officers to provide a clear understanding of the transaction structure as well as borrower expectations and business needs.  RESPONSIBILITIES:  Establishing new relationships and also fostering existing relationships Sourcing new transactions Assisting in the initial pre-screening and structuring Communicating with contacts on a regular basis regarding deal status Working closely with Underwriting and Closing on establishing the proper structure and lending parameters  POSITION REQUIREMENTS:  5 - 7 years of similar work experience with a finance company/bank Bachelor's degree in finance or accounting, or equivalent years of work experience MBA preferred Strong analytical skills Strong technical and documentation skills Relationship-building capabilities Experienced and knowledgeable in originating SBA 7a loan products Commercial real estate focused and has an established referral network of commercial real estate brokers, commercial real estate developers, accountants, and commercial banking relationships Ability to generate 65% to 75% of loan volume in immediate markets (generally within 4 hours drive time from their office) Possesses a level of credit skills to determine an appropriate loan structure and is able to assess credit risk of a potential customer Ability to learn and embrace technology that is utilized in the organization process VPBUS03003
Salary Range: NA
Minimum Qualification
5 - 7 years

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.