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About the role
Key responsibilities & impact- Responsible for sourcing and developing high-quality SBA loan opportunities to grow the bank's SBA portfolio and fee income
- Develop and execute SBA loan origination strategies and plans to achieve targeted loan and fee income goals
- Refine and adjust sales plans and tactics based on competitive analysis, market feedback, and regulatory updates
- Build and maintain a high quality robust pipeline of SBA loan opportunities through proactive self-sourcing of leads
- Develop, cultivate and expand strategic relationships with brokers and other referral sources and centers of influence
- Serve as the bank’s trusted SBA lending advisor to brokers and other referral sources providing product training, sales support and co-marketing opportunities
- Represent the bank at industry events, conferences and networking forums to enhance the bank’s visibility and establish strategic partnerships and expand referral network
- Stay current on SBA regulations, standard operating procedures, loan products, and market trends
- Conduct in depth needs assessments with small business and referral partners to match borrowers with the most suitable SBA loan products
- Negotiate and structure loan opportunities with brokers and borrowers to optimize loan terms, pricing and profitability
- Present compelling SBA loan proposals, articulate value propositions and overcome objections to close loan transactions efficiently
- Collaborate with SBA loan underwriting, credit, processing, and closing teams to ensure an efficient and responsive loan origination process while maintaining compliance with bank and SBA lending policies and procedures
- Submit accurate and complete SBA loan applications for processing
- Deliver exceptional client service throughout the sales cycle from initial contact through loan closing, to build long-term client loyalty and generate repeat / referral business
- Introduce Fulton Bank relationship team members to the client relationship when appropriate to expand and develop a full banking relationship
- Leverage data, technology and CRM tools to timely track sales activities and pipeline management
Requirements
What you’ll need- Bachelor's Degree or the equivalent experience in business, finance, marketing or related
- 5 or more years SBA Lending Business Development or equivalent
- Proven ability to independently prospect, source, propose and originate SBA loans with a demonstrated track record of success meeting or exceeding sales goals
- Established network and demonstrated ability to develop and manage productive broker and referral relationships
- Comprehensive understanding of SBA loan programs, regulations and standard operating procedures and a strong ability to assess credit risks appropriately and effectively structure loans
- Excellent communication, negotiation, presentation, and sales skills with a persuasive and consultative sales approach to achieve desired outcomes
- Ability to work independently and manage a sales pipeline with discipline and focus
- Proficient with CRM systems, loan origination applications, Microsoft Office and the ability to leverage technology to interact with referral networks and clients effectively and efficiently
- Excellent verbal and written communication skills demonstrated with individuals at all levels, internally and externally
- Excellent organizational skills and the ability to manage, prioritize, work under pressure and meet tight deadlines
- Ability to balance the needs of clients with associated risks and interests of the bank
Benefits
Comp & perks- medical plans with prescription drug coverage
- flexible spending account or health savings account depending on the medical plan chosen
- dental and vision insurance
- life insurance
- 401(k) program with employer match and Employee Stock Purchase Plan
- paid time off programs including holiday pay and paid volunteer time
- disability insurance coverage and maternity and parental leave
- adoption assistance
- educational assistance
- robust wellness program with financial incentives
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
SBA lendingloan originationcredit risk assessmentloan structuringsales strategy developmentpipeline managementnegotiationpresentation skillssales supportneeds assessment
Soft Skills
communicationnegotiationpresentationsales skillsorganizational skillsindependent workrelationship managementconsultative sales approachclient servicetime management
