Job Description:
The SBA Business Development Associate will work closely with SBA Management and BDO's to effectively develop and onboard new loan opportunities in the SBA 7a and 504 loan programs. Must be able to coordinate SBA loan applications and provide the SBA credit department with complete packages.
Main Job Tasks and Responsibilities:
- Work within our processing system SPARK to gather a list of items needed to complete an assessment of the credit worthiness and SBA eligibility of the loan request.
- Responsible for working with the BDO’s to ensure information is obtained/received for a complete loan submission.
- Run required reports for loan submission. Credit, CAIVRS, OFAC, Clear.
- Validate Submission Checklist for borrower folder contents and certify all items have been received.
- Responsible for addressing all obvious credit issues in the file and assisting the BDO in the preparation of the Loan Summary to ensure it accurately represents the business and the requested loan.
- Responsible for submitting a complete and accurate loan application package for review to the SBA Production Specialist.
- Facilitate transfer of information (written and verbal) between multiple groups, keeping track of items received and those still needed.
- Oversee multiple transactions concurrently to ensure all active loan applications are moving forward and current status is reported on the Pipeline Report.
- Demonstrate compliance with all bank regulations that apply to your position and keep up to date on regulation changes.
- Maintain working knowledge of our policies and procedures regarding the Bank Secrecy Act, Regulation CC, Regulation E, Bank Security, and other regulations that apply to your position.
Education and Experience:
- Minimum of three years of customer service experience or relevant work experience in the financial services.
- Microsoft Office suite required- Strong Excel skills.
Key Competencies:
- Must possess accurate keyboard, spelling and grammar skills as well as superior written and oral communication skills.
- Must possess the ability to set priorities, manage tasks and meet.
- Must be willing and capable of defining problems and taking initiative to propose practical.
- Some travel may be required on an as needed basis to attend training and conferences.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Minimum three years of customer service experience or relevant financial services experience
- Microsoft Office proficiency
- Strong Microsoft Excel skills
- Accurate keyboarding, spelling, and grammar skills
- Superior written and oral communication skills
- Ability to prioritize, manage tasks, and meet deadlines
- Ability to define problems and propose practical solutions
- Willingness and ability to travel as needed for training and conferences
What We Do
For a hundred years, Evolve Bank & Trust has been dedicated to delivering superior financial services. From our roots in Personal and Business Banking & Lending to our work as pioneers in the Banking-as-a-Service (“BaaS”) provider space, Evolve is recognized as a global leader. Nacha named Evolve a Top 50 ACH Originator, and Tearsheet named Evolve Partner Bank of the Year. Evolve has been voted a Top Workplace every year since 2013 and ranked on Inc. Magazine’s 5000 List of the fastest-growing private companies. Member FDIC. Equal Housing Lender. NMLS# 509256
