Apply Now

VP, Small Business Development Officer - National Lending

Denver, CO, USA | PacWest Bancorp

  • Industry:
    Banking / Investment Banking
  • Position Type:
    Full-Time
  • Functions:
    Business Development
    Financial Services Professional
    General Management
  • Experience:
    5-7 years
Job Description:
77 people have viewed this job

Duties shall include, but not be limited to SBA sourcing opportunities, negotiating and issuing term sheets and assisting in the preparation of internal memoranda for deal approval.It will also be necessary to work with Underwriting to provide a clear understanding of the transaction structure as well as borrower expectations and business needs.

RESPONSIBILITIES: 

Establishing new relationships and also fostering existing relationships

Sourcing new transactions

Assisting in the initial pre-screening and structuring

Communicating with contacts on a regular basis regarding deal status

Working closely with Underwriting and Closing on establishing the proper structure and lending parameters

POSITION REQUIREMENTS:

5 – 7 years SBA Business Development work experience with a finance company/bank

Bachelor's degree in finance or accounting, or equivalent years of work experience

Strong analytical skills

Strong technical and documentation skills

Relationship-building capabilities

Experienced and knowledgeable in originating SBA 7a and SBA 504 loan products

Commercial real estate focused and has an established referral network of commercial real estate brokers, commercial real estate developers, accountants, and commercial banking relationships

Ability to generate 65% to 75% of loan volume in immediate markets (generally within 4 hours drive time from their office)

Possesses a level of credit skills to determine an appropriate loan structure and is able to assess credit risk of a potential customer

Ability to learn and embrace technology that is utilized in the organization process


Other companies hiring with Ivy Exec

 Company Logos