Business Development Officer- Remote Internal Posting
LiftFund is Headquartered San Antonio, Texas
Business Development Officer, Vice President
Remote - Internal Posting
As the Business Development Officer, you will be a key leader in supporting LiftFund's goal in providing support and capital to hardworking, deserving entrepreneurs. To be a Lifter is to believe that regardless of background, financial access and resource doors should be open for everyone. We are a leading Community Development Financial Institutions (CDFI) that holds a AERIS Four-Star impact rating. 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 15 states to provide affordable, responsible business loans, create and sustain jobs, and stabilize local economies. Our work transforms lives and communities. 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 the small business community—we just might have the role for you.
The Business Development Officer is responsible for loan cultivation, advancement, and the growth of LiftFund’s small business 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 position is directly responsible for the cultivation, origination, and packaging of SBA 7a business loans. 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 the SBA 7a Community Advantage loan product, the VP is relied upon to recommend and target ways to align small business loans to efficiently meet our client’s needs, thus ensuring customer satisfaction and increasing LiftFund’s market share and impact.
The VP will report to the Executive Vice President of Large Loans and SBA 7a CA.
This role offers flexible hours and the ability to work remotely from home with very limited travel required to the local office.
Develop new and manage existing partnerships to produce SBA 7a CA loans, in addition to other loan products over $100,000
Meet monthly lead, application, and loan targets
Successfully establish and maintain business relationships with bank partners, community leaders and current / potential borrowers
Effectively communicate with clients and internal departments
Serve as key relationship manager of loan applicants
Participate and support in loan packaging by gathering required loan documentation with applicants
Assemble and provide complete loan packages for submission to underwriting staff
Successfully manage the quality of your loan portfolio (delinquency and write-offs)
Conduct site, collection, and follow-up visits to current clients
Conduct collateral inspections for loan applicants
Participate in loan closings
Confer with LiftFund’s Loan Committee and Underwriting Manager(s) concerning various issues of loan policy and overall credit quality of your portfolio
To qualify for the role, you must have
Bachelor’s Degree preferred.
Minimum 3 years of direct small business lending experience, business development, and or sales experience including commercial real estate lending, fixed asset financing, working capital loans or accounts receivable financing
Experience in supporting delinquency and collections on past due activities on loan payments
Able to speak, define, and represent financial topics and credit analytics
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 client relationship management (CRM) software
Experience with Microsoft Office suite; particularly Word, PowerPoint and Excel
It Would Be Great If You Had
In-depth knowledge of credit and cashflow assessment
Any experience with the SBA 7a program
What We Offer A competitive salary, benefit package within 60 days of hire, a healthcare plan 100% paid by LiftFund, All Federal Holidays, employee discount program, and much more! 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.