SBA Business Development Officer

Company: InBank
Location: Denver
Posted on: April 1, 2025

Job Description:

Description:SUMMARY OF JOBINTQ Financial is a Division of InBank. INTQ Financial originates SBA 7a, 504 and USDA loans nationally.The principal responsibility of the SBA Sales Executive is to originate SBA 7a, 504 and USDA loan assets for funding by InBank.
ESSENTIAL JOB RESPONSIBILITIES

• Markets to prospective Borrowers and referral sources for new SBA 7a, 504 and USDA loans2. Collects and reviews preliminary package of information from Borrowers and referral sources3. Completes Preflight Memo for preliminary approval to include:- Loan structure- Sources and uses- Cash flow- Collateral4. Delivers Adverse Action Letter5. Delivers Letter of Interest6. Collects Good Faith Deposit7. Supports Credit and Closing Specialist as needed to complete Credit Display and to close the loan8. Other duties as assigned.
  
  
  Requirements:JOB REQUIREMENTSEducation: High School Diploma or Equivalent; College Degree PreferredWork Experience: 4-6+ years of experience in SBA industry3-5 as an Account Executive or Business Developer in SBASupervisory Experience: 0 years of supervisor experience in leading and managing teams.Computer Skills: Proficient with Microsoft Office Suite; 10-Key by touch is preferableOther Requirements: Proficient working knowledge of financial and spread analysis, credit, lending, and underwriting processes and principles. Proficient working knowledge of credit risk and relationship manager teams. Solid internal and external relationship and communication skills - both verbal and written. Strong organizational skills and ability to multi-task efficiently and accurately in a production-oriented environment. Ability to make sound decisions and recommendations regarding credit risk (quality, structure, etc.). Ability to think critically, operate independently, and take accountability. Occasional travel may be required for meetings/training. Must be able to use fingers, hands, and wrists for repetitive tasks such as typing, using a mouse, handling paper, and operating a telephone.Preferred Skills/Experience Critical thinking and problem solving. Strong attention to detail and accuracy; professional and courteous communication skills. Ability to effectively communicate between key internal business partners. Proven leadership and people management skills.
  SPECIFIC DUTIES AND RESPONSIBILITIESCustomer Service: Strong emphasis on excellent customer service skills; ability to work effectively with both internal and external contacts. Maintains confidentiality in handling customer and bank information.Financial: Proficient knowledge of SBA Lending, economics, accounting, and financeAutonomy: Discretion for recognizing and minimizing risk to the bank.Employees Supervised: No
  The applicant who is selected for this position will be eligible for the following compensation and benefits: - Targeted hiring range based on experience: $90,000 - $130,000 yearly. This range is an estimate based on potential employee qualifications and other considerations permitted by law under the Colorado Equal Pay for Equal Work Act and Equal Pay Transparency Rules. - Bonus Eligibility: Annual bonus based on Company Bonus Plan/Individual Performance and is at the Company Discretion. - Benefits: Medical, Dental, Vision insurance. Disability insurance. Employee assistance program. Flexible spending account. Health savings account. Life insurance. - Paid Time Off: Vacation and sick leave, as well as paid Bank Holidays. - 401(k): Company match begins with the first contribution and follows the company vesting schedule. - Other: access to career training and development opportunities, employee discounts. - For more about InBank and our culture, visit us here: Who We Are
  InBank is an Equal Opportunity Employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, or any other characteristic protected by applicable federal, state, or local laws.
  
  Education: High School Diploma or Equivalent; College Degree PreferredWork Experience: 4-6+ years of experience in SBA industry 3-5 as an Account Executive or Business Developer in SBASupervisory Experience: 0 years of supervisor experience in leading and managing teams.Computer Skills: Proficient with Microsoft Office Suite; 10-Key by touch is preferableOther Requirements: Proficient working knowledge of financial and spread analysis, credit, lending, and underwriting processes and principles. Proficient working knowledge of credit risk and relationship manager teams. Solid internal and external relationship and communication skills - both verbal and written. Strong organizational skills and ability to multi-task efficiently and accurately in a production-oriented environment. Ability to make sound decisions and recommendations regarding credit risk (quality, structure, etc.). Ability to think critically, operate independently, and take accountability. Occasional travel may be required for meetings/training. Must be able to use fingers, hands, and wrists for repetitive tasks such as typing, using a mouse, handling paper, and operating a telephone. Preferred Skills/Experience Critical thinking and problem solving. Strong attention to detail and accuracy; professional and courteous communication skills. Ability to effectively communicate between key internal business partners. Proven leadership and people management skills.
  SPECIFIC DUTIES AND RESPONSIBILITIESCustomer Service: Strong emphasis on excellent customer service skills; ability to work effectively with both internal and external contacts. Maintains confidentiality in handling customer and bank information.Financial: Proficient knowledge of SBA Lending, economics, accounting, and financeAutonomy: Discretion for recognizing and minimizing risk to the bank.Employees Supervised: No The applicant who is selected for this position will be eligible for the following compensation and benefits: - Targeted hiring range based on experience: $90,000 - $130,000 yearly. This range is an estimate based on potential employee qualifications and other considerations permitted by law under the Colorado Equal Pay for Equal Work Act and Equal Pay Transparency Rules. - Bonus Eligibility: Annual bonus based on Company Bonus Plan/Individual Performance and is at the Company Discretion. - Benefits: Medical, Dental, Vision insurance. Disability insurance. Employee assistance program. Flexible spending account. Health savings account. Life insurance. - Paid Time Off: Vacation and sick leave, as well as paid Bank Holidays. - 401(k): Company match begins with the first contribution and follows the company vesting schedule. - Other: access to career training and development opportunities, employee discounts. - For more about InBank and our culture, visit us here: Who We Are
  InBank is an Equal Opportunity Employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, or any other characteristic protected by applicable federal, state, or local laws.
  
  
  
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Keywords: InBank, Denver , SBA Business Development Officer, Other , Denver, Colorado