Hybrid Business Development Officer – Hybrid

Posted 7 hours ago

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About the role

  • Business Development Officer at Byline Bank developing relationships in SBA Lending and Commercial Banking. Focusing on soliciting new business while supporting the bank’s relationship banking culture.

Responsibilities

  • Work independently to develop and solicit new business from present and prospective clients to increase revenue base and overall profitability.
  • Work with credit analysts to analyze the credit history of applicants and determine their loan repayment capabilities.
  • Negotiate credit terms, such as costs, loan repayment methods and collateral specifications.
  • Negotiate interest rate structure to be consistent with bank policies and procedures, and to be competitive with current market rates.
  • Support the bank’s relationship banking culture through ongoing customer contact, quality customer service, and product knowledge.
  • Build relationships with other businesses and prospective customers through professional and national contacts and current customer referrals.

Requirements

  • A Bachelor’s degree preferred, but not required.
  • A minimum of five (5) years of commercial lending experience in banking or financial services.
  • Knowledge of commercial lending experience.
  • Extensive working knowledge of SBA government guaranteed lending policies and procedures.
  • Strong relationship management and business development sales skills including ability to communicate effectively.
  • Knowledge of commercial banking practices, including financial statements and credit analysis.
  • Ability to structure loans to meet the needs of bank & borrower.
  • Formal credit training is preferred.

Benefits

  • medical coverage
  • dental
  • vision
  • disability
  • 401k
  • paid time off
  • discretionary bonuses and other benefit programs

Job title

Business Development Officer – Hybrid

Job type

Experience level

Mid levelSenior

Salary

$86,000 - $107,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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