Business Development Officer – Dallas or San Antonio
As the Business Development Officer (BDO) of Dallas or San Antonio, you will be a key partner in our ability to execute LiftFund's Mission. To be a Lifter is to believe- that no matter their background- financial access doors should be open for everyone. We are among the leading Community Development Financial Institutions (CDFI) that have a coveted Four-Star impact rating from Aeris. We support entrepreneurs--that work hard every day--to create a better life for themselves and their families, while providing jobs and services to the communities they serve. Lifters are working across 14 states to provide affordable, responsible credit, create and sustain jobs, and stabilize communities. Our work transforms lives! LiftFund is recognized locally and nationally for our innovation, advisory services, and ability to be at the forefront of redefining the financial services industry at the community level. If you are looking for an opportunity to impact your community—we just might have the role for you!!!
POSITION SUMMARY The BDO is responsible for loan cultivation, advancement, and the growth of LiftFund’s micro lending portfolio. This role is focused on outreach within the small business community, interfacing with banks, financial institutions, organizations, and the business community at large. The BDO position is directly responsible for the cultivation, origination, and packaging of business loans up to $100,000. This is a key business partner role; constantly examining and developing methods that increase LiftFund’s market presence, production, and processing efficiency. As a subject matter expert in LiftFund’s various micro loan products, the BDO is relied upon to recommend and target ways to align LiftFund’s various loan products to best meet our client’s needs, thus ensuring customer satisfaction and increasing LiftFund’s market share and impact. The BDO will report to their Regional VP of Lending in their respective community.
Develop new and manage existing partnerships to produce loans up to $100,000, and meet monthly loan production goals
Successfully establish and maintain business relationships with bank partners, community leaders and current / potential borrowers
Effectively communicate with clients and internal departments
Serve as the key relationship manager of loan applicants
Support, participate in packaging the required loan documentation with clients as needed
Assist your Lending Assistants in packaging the loan for underwriting review, be a resource to guide the Lending Assistants
Successfully manage the quality of your loan portfolio (delinquency and write-offs)
Conduct site, collection, and follow-up visits to current lending clients- conduct collateral inspections for loan applicants in your geography when feasible
Participate in all loan closings to develop a relationship with your loan customers
To qualify for the role, you must have
Associates Degree in business, finance or related field; Bachelor’s Degree is preferred
Minimum 1 year of business lending experience; or business development and sales experience with proven success
Able to speak, define, and represent financial topics and credit analytics as you will be conversing with our Underwriting team
A strong sense of ownership, accountability, critical thinking skills; must also be able to work successfully in an autonomous environment
Excellent verbal and written communication skills that can drive action and influence decision making activity
Experience with Microsoft Office suite; particularly Word, PowerPoint and Excel
It Would Be Great If You Had
Experience with client relationship management (CRM) software
Basic knowledge of underwriting
What We Offer A competitive salary and benefit package coupled with an opportunity to work with LiftFund’s energetic lending teams dedicated to our customers, striving to be better and leading with integrity!
Check us out on Linkedin and at Liftfund.com. Apply here or at our website.
LiftFund provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law.