VP SBA Business Development Officer - Los Angeles
Los Angeles, CA 
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Posted 8 days ago
Job Description

ABOUT THE ORGANIZATION

SMBC MANUBANK was formed by a group of banking entrepreneurs in June 1962. Our scope is to serve the specialized needs of California middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies, including small businesses and professionals.

The anticipated salary range for this role is between $126,000.00and $155,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Our mission is to be "the bank of choice" for middle market and professional service companies by establishing long term customer relationships and loyalty, providing superior products and services through a core of highly skilled and seasoned bankers.
To achieve our mission to be the 'bank of choice' for middle market and professional services companies, we are focused on our vision to be the premier California regional business bank that can provide the sophistication and expertise of a larger institution with the personal 'high touch' services of a smaller bank.


Specialties:

Commercial Loans and Lines of Credit, Asset-Based Financing, SBA Loans, and Specialized Financing, Real Estate Loans, Cash Management Services, International Services

JOB SUMMARY:

An SBA Business Development Officer / Relationship Manager sources and structures 7(a) and 504 loans to eligible business customers. The BDO collects and reviews prospective borrowers' financial information, structures loan proposals, and prepares credit packages that comply with all applicable regulations and SBA guidelines.

PRINCIPAL DUTIES & RESPONSIBILITIES:
  • Develop and maintain a network of referral sources to identify prospective SBA borrowers
  • Exhibits working knowledge of SBA products and is well versed in current SOP
  • Cross-sell bank depository and cash management products, as appropriate
JOB SPECFICATIONS:
  • Education Bachelor's degree or equivalent experience
  • Skills/ Qualifications:
  • Minimum five years experience as an SBA BDO focusing on 7(a) and 504 loans
  • Proven ability to source and close SBA loans to a variety of industries
  • Goal orientated with the ability to work independently
  • Ability to work effectively with SBA team members and other units of the bank
  • Ability to adapt to an evolving work environment

EOE STATEMENT
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.

CCPA DISCLOSURE
Personal Information Collection Notice: This notice contains information under the California Consumer Privacy Act (CCPA) about the categories of personal information (PI) of California residents that SMBC MANUBANK collects and the business or commercial purpose(s) for which the PI may be used. We do not sell PI. More information about our collection and use of PI may be found in our CCPA Privacy Policy at https://www.manufacturersbank.com/CCPA-Privacy. Persons with disabilities may contact our Customer Contact Center toll-free at (877) 560-9812 to request the information in this Notice in an alternative format.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5+ years
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