at Old National Bank in ChicagoChicago, Illinois, United States
Job Description
SBA BUSINESS DEVELOPMENT OFF
Job Locations
US-IL-Chicago | US-IN-Plainfield
Category/Function
Lending/Commercial/Consumer/Credit
Position Type
Regular Full-Time
Requisition ID
2022-11661
Overview
Old National Bank was established in 1834. Today, we are the largest financial services holding company with dual headquarters in Chicago and Evansville, IN. We provide an array of services to our clients which include Community Banking, Investments, and Wealth Management. At Old National, we believe that by helping our team members balance work life with home life, we create a more productive workforce and a stronger company.
The SBA Business Development Officer is responsible for sourcing SBA loan volume in a defined geographic area. Loan volume will be sourced from areas within Old National Bank (primarily Commercial Banking Relationship Managers) and centers of influence that are traditional sources of SBA loan referrals (primarily business and commercial real estate brokers, CPAs, and attorneys). The position requires proven business development and networking skills and a thorough knowledge of commercial credit and SBA program policies.
Key Accountabilities
Achieve Sales Targets
Source $10mm+ in annual SBA loan volume with proper pricing and credit characteristics that fit within Old National Bank's guidelines.
Partner Communication and Delivery
Develop a reputation as the SBA program expert within internal and external referral network.
Act with urgency when sourcing and working on SBA loan transactions and consistently communicate with transparency to all parties involved in a transaction.
Maintain lines of communications with RMs including new product developments, pipeline and calling strategies.
Partner with RMs to provide recommendations on sales opportunities to include sales to new prospects and existing clients.
Additional Competencies
Business development skills that result in sourcing a sufficient volume of SBA loan transactions.
Self-starter with a proven ability to work within a defined geographic territory while being managed remotely.
Act with integrity at the highest level in all interactions with referral sources and internal partners.
Qualifications and Education Requirements
10+ years commercial banking experience or equivalent experience in the financial services industry
5+ years SBA business development experience
4-year college degree
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Head of Talent Acquisition, SVP, to fill a specific position
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