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Business Development Officer

Commonwealth Business B
Los Angeles, CA Full Time
POSTED ON 11/7/2024 CLOSED ON 1/7/2025

What are the responsibilities and job description for the Business Development Officer position at Commonwealth Business B?

POSITION LOCATION: Northern California; Orange County, California


POSITION OVERVIEW

This position is responsible for promoting, marketing, originating and initiating SBA and commercial loans.

 

POSITION RESPONSIBILITIES

  • Responsible for marketing bank’s services and products to the community
  • Responsible for initiating new loans
  • Responsible for maintenance of relationships with existing customers and brokers
  • Analyzes new loan requests
  • Assists in resolving problem loans
  • Responsible for planning and evaluating marketing strategy
  • Reviews proposals and cost estimates
  • Negotiates proposal timelines and loan terms
  • Complies fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.).  Must complete all required training

 

 

SKILLS / QUALIFICATIONS

  • Highly motivated, self-directed who thrives on exceeding sales goals
  • Working knowledge of SBA 
  • Ability to deal effectively with all customers
  • Excellent communication, presentation, and sales skills

 

EDUCATION / EXPERIENCE

  • Bachelor’s Degree from an accredited 4-year University
  • Minimum of 2 year experience in SBA lending

Salary.com Estimation for Business Development Officer in Los Angeles, CA
$76,938 to $107,048
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