SBA Business Development Officer - MI

Full job description

Join the DFCU Financial team today, and discover the benefits, rewards and development opportunities from one of the largest and best managed credit unions in the country.

The Opportunity: We are seeking a full-time SBA 7(a) Business Development Officer to serve businesses covering Metro Detroit. This role is responsible for developing and structuring SBA 7(a) loans to small and medium-sized businesses.

The SBA 7(a) Business Development Officer (BDO) will actively prospect and network within local markets to identify and establish new SBA client relationships for DFCU Financial. This role will focus on building and maintaining a strong referral network, working closely with internal and external centers of influence, commercial referral sources, and the Business Banking team.

For this role, candidates must have strong knowledge of SBA 7(a) loan products to support small business growth in this key Michigan market.

What You'll Do:

Generate and close a minimum of $12 million in SBA 7(a) loans each calendar year. Goals may change at credit union discretion.

Provide exceptional service to internal and external customers in accordance with DFCU Financial values of collaboration and professionalism.

Structure loan proposals, complete initial underwriting and prepare a background narrative outlining the request before submitting to underwriting with support of SBA Program Director.

Maintain a strong working knowledge of SBA standard operating procedures.

Contribute to the success of the SBA department by sharing in all department responsibilities as required or assigned.

Attend community networking events, as required.

Work occasional Saturday hours or extended weekday hours, as required.

What You'll Need:

Bachelor's degree in business, finance or related field.

3-5 years of experience as an SBA Business Development Officer.

Self-driven with ability to work independently and as part of a team.

Demonstrated sales ability, influences with impact.

High level of accuracy and attention to detail.

Excellent interpersonal skills, including effective verbal and written communication.

What We Offer:

Potential for a hybrid work schedule

401k plan match, dollar for dollar up to 4%

401k additional employer contribution after one year at 5%

Employee bonus program

Medical, dental and vision insurance effective date of hire

Health savings account (HSA)

Flexible spending accounts for medical and dependent care expenses

Adoption assistance for qualified expenses maximum $10,000 per child

Wellness initiatives and reimbursements

Pre-paid legal services plan

Identity protection plan

Accident supplemental plan

Short & long term disability plans paid for by company

Company provided basic life insurance of $50,000 plus supplemental for employee, spouse and child

Pet Insurance

Free financial planning assistance

Numerous fun employee events throughout the year

Volunteer and community engagement opportunities

Employee loan discounts (closed-end loans)

Discounts with local and national companies through DFCU Perks

Service / anniversary awards

Employee discounts for company logo wear

Employee referral payouts for recruiting your friends and family

Paid lunch time

Tuition reimbursement / Education assistance

Ongoing training opportunities

Leadership development program

Paid time off

Paid holidays (13 per year)

Flexible scheduling for students

Equal Opportunity Employer / Disabled / Veterans