Business Development Officer

The BDO is responsible for new business development, quality loan submissions and all aspects of deal flow. This job can be remote or in-person in our NYC office.

• Understand what differentiates Port 51 and develop a unique sales approach that supports our small business lending activity.
• Strong time management, planning and organizational skills including ability to work independently and remotely.
• Apply state of the art technology to support best-in-class customer service.
• Conduct business development activities to meet business and individual funding goals.
• Build and maintain a network of referral sources able to bring potential SBA borrowers to our company. Referral sources will include realtors, CPA’s, attorneys, mortgage brokers, business brokers, bankers, franchises, etc.
• Obtain and prepare required application/financial information from borrowers to facilitate underwriting and closing along with appropriately executed documentation.
• Maintain a working knowledge of requirements for documentation and regulations relating to SBA 7(a) lending and all SBL policies and procedures.
• Represent Port 51 with honesty and integrity while delivering high levels of customer service in all interactions.

Job Requirements

• Bachelor’s degree in business, finance, economics or other related experience
• Minimum 3-5 years SBA 7(a) business development experience
• Demonstrated track record of SBA 7(a) loan production
• Ability to protect and maintain confidential information
• Strong local market presence and centers of influence
• Excellent written and verbal communication skills
• Excellent organizational skills
• Proficiency with computers and related software

Salary/Benefits

We offer a competitive package of compensation and benefits, including:

• Base Salary plus Commission
• Medical, Dental and Vision Insurance
• Life Insurance
• Flexible Spending Accounts
• Paid Vacation, Personal Time Off and Holidays
• 401(k) with matching employer contribution