Business Development Officer

About the job Business Development Officer

Position Overview: is responsible for developing new business, assist underwriting, structuring and the closing of loans, as well as maintaining and servicing an existing portfolio. This position builds market position by locating, developing, defining, negotiating, and closing business relationships.

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Locates or proposes potential business deals by contacting potential partners; discovering and exploring opportunities.
suspicious activity and familiar with the banks BSA/OFAC/AML related policies and procedures and how those affect the individual employees job responsibilities.
• Screens potential business deals by analyzing market strategies, deal requirements, potential, and financials; evaluating options; resolving internal priorities; recommending equity investments.
• Closes new business deals by coordinating requirements; developing and negotiating contracts; integrating contract requirements with business operations.
• Protects organization's value by keeping
  
  Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
• Provides applicants with information regarding the loan application process.
• Pre-qualifies potential applicants by analyzing financial background.
• Negotiate terms, structure loan financing based on risk considerations and present credits for approval to appropriate levels of authority with the bank as required.
• Follows up on processing the loan by obtaining additional applicant information if necessary. Maintains communications between the lender and borrower.
• Source, develop and assist underwrite new loan requests for new and existing customers.
• Maximize bank profitability through appropriate pricing of new loan originations, fee income and selling of all bank products and services.
• Resolves any customer problems in an expeditious and tactful manner.
• Provide Service and Returns that exceeds the Expectations of our Customers and Shareholders. Reviews and reports complaints received from customers and recommends corrective action to management.
• Perform other duties as assigned.

• Management of Time and Priority Setting – require the ability to manage both one's time as well as others. It includes self-discipline, controlling interruptions by molding the behavior of others who have varying priorities, and being time-effective and time efficient.
• Listening and Organizing – the ability to understand, organize, and analyze what one is hearing in order to decide what to think and do in response to a message. It includes skills like identifying and testing inferences and assumptions, overcoming barriers to effective listening, summarizing and reorganizing a message for recall, and withholding judgment that can bias responses to a message.
• Communications Proficiency – requires both competent and skillful writing and verbal skills for effective communication.
• Financial Management – need to be able to understand, organize, and determine by reviewing financial statements and credit reports to ensure adequacy and safe qualification.
• Customer/Client Focus – focus on customers satisfaction and needs.
• Knowledge on key bank products and services that we can offer based on customers needs.
• Problem identification and Solution – the ability to identify barriers that prevent achieving goals and standards. It also involves the application of systematic sets of procedures to eliminate and reduce problem origins and causes. It requires skills like distinguishing between problems, symptoms and indicators, inputs and outcomes, gathering and assessing evidence relating to causes, and plotting a decision matrix and eventually choosing and recommending the best…