Business Development Officer – SBA

🕒 March 10

🦌 Connecticut, New Jersey, +2 more states – Remote

🦌 Connecticut – Remote 🏖️ New Jersey – Remote 🗽 New York – Remote 🔔 Pennsylvania – Remote

💵 $130k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

💰 Business Development (BDR)

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Hanover Bank

WebsiteLinkedInAll Job Openings

51 - 200 employees

🏦 Banking

💸 Finance

🤝 B2B

Banking • Finance • B2B

Hanover Bank is a financial institution committed to offering a first-class banking experience. Operating in New York, New Jersey, Connecticut, and Pennsylvania, the bank provides a variety of financial products and services including personal and business banking, commercial and residential mortgages, SBA loans, and cash management. The bank emphasizes customer satisfaction and community impact, striving to create a positive environment for its clients, employees, and the communities it serves. Hanover Bank is continually expanding its online banking services and is committed to supporting small businesses with flexible loan options.

📋 Description

• Source deposits and lending relationships on behalf of the Bank in support of achieving the Bank’s annual growth goals. • Diligently maintain pipeline reports using the Bank’s IT systems and support the timely collection and accurate review of documents required from borrowers for the Bank to issue term sheets and submit loan requests for underwriting. • Cross-sell new products to the Bank’s existing customers. • Solicit customer feedback and assess the Bank’s competition to inform new product development. • Work proactively to strengthen the Bank’s relationship with customers by responding to inquiries and communicating with referral sources and/or customers to ensure the highest level of customer satisfaction possible. • Constantly and proactively assists the Director of Sales, SBA & USDA Banking Team with refining the loan origination and deposit production processes to assist the Bank with maximizing the efficiency of its operations and the satisfaction of its customers. • Ensure that work is within SBA SOP compliance. • Develop a complete banking relationship with banking borrowers, to include deposit accounts. • Represent the Bank at trade shows and events, as applicable. • Perform other duties as assigned.

🎯 Requirements

• Minimum of 5 years of SBA or related experience • Comprehensive knowledge and understanding of SBA 7a, 504, and USDA • Ability to work under pressure to meet the demand of high-pressure sales goals for SBA Lending • Ability to work independently • Excellent verbal and written communication skills

🏖️ Benefits

• Medical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options) • Company-paid Life Insurance and Accidental Death & Dismemberment (AD&D) • Company-paid Long-Term Disability Insurance • Additional Life and AD&D Insurance for employee, spouse, and dependents • Voluntary Short-Term Disability Insurance • Pet Insurance • Legal Services Plan • Accident Insurance • Hospital Indemnity Insurance • Cancer Care Insurance • 401(k) Plan with Company Match • Paid Personal Time Off (PTO) • Paid Company Holidays • Annual Performance Bonuses • Annual Salary Increases • Company-sponsored Events • Employee Contests and Recognition Programs