SBA Business Development Officer

at  ConnectOne Bank

ABOUT US:

ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.
ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.
People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”.
ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.

ABOUT THIS ROLE:

The SBA Business Development Officer will own the relationship and the process from prospect handshake through the borrower’s 12-month loan review and is expected to use sound judgment to keep the Bank’s best interest in mind when making decisions. Decisions should be well supported by facts; borrower representations should be supported by proper documentation and due diligence. Specific areas of focus should include, but are not limited to, SBA loan eligibility, SBA loan structure, credit analysis, character assessment, due diligence, documentation, and file maintenance.

IN THIS ROLE YOU WILL:

• Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”.
• The SBA Business Development Officer’s responsibility is the origination of SBA 7a loans consistent with Bank policy and SBA Standard Operating Procedure (SOP).
• Pre-screen leads for SBA eligibility and general creditworthiness per CNOB loan policy and SBA SOP.
• Perform sufficient credit related due diligence and financial statement analysis to adequately understand and evaluate credit risk.
• Negotiate terms acceptable to the client and to CNOB.
• Collect and assess all required documents and forms per the CNOB SBA Lending Process Checklist.
• Reasonably ensure compliance with all Bank Policy, SBA SOP, Fair Lending, CRA and HMDA requirements.
• Maintain transaction pipeline.