Small Business Specialist

at Sauk Valley Bank & Trust Company in Sterling, Illinois, United States

Job Description

SUMMARY:

The position of Small Business Specialist is responsible for promoting the financial institution's services and products to community groups, nonprofit organizations, and small business borrowers, and determines and assesses their representative needs. Assists in the development of new lending products and services to meet the identified needs.

In addition, the Small Business Specialist assures compliance with all SVB policies and procedures, as well as, all applicable state and federal banking regulations.

ESSENTIAL DUTIES:

• Interviews current and potential commercial/small business borrowers/depositors to assess status for current obligations and need for additional/new funds
• Work with the Credit Department to evaluate upcoming renewal/extension/new financing needs and documentation required for underwriting
• Serves as the point person for management of designated existing Small Business relationships including an active call program for visiting clients to assess whether or not the bank is adequately servicing their needs
• Assists in the implementation and coordination of a business development call program
• Manage a Call List defining the number of calls required for a designated time frame
• Documenting calls, identifying needs/relationship satisfaction status and following up with other bank service providers for products required/requested
• Develops and maintains a list of prospective customers, implement a scheduled Call Program and documentaqtion of the same with responsiblity to coordinate any requests originated from the call list with Credit to gather underwriting documents required and/or escalating requests to a Commercial/Ag Lender should it exceed dessignated threshold

MINIMUM REQUIREMENTS

These specifications are general guidelines based on the minimum experience normally considered essential to the satisfactory performance of this position. The requirements listed below are representative of the knowledge, skill and/or ability required to perform the position in a satisfactory manner. Individual abilities may result in some deviation from these guidelines.

• Bachelor's degree in business, finance or related field
• Utilize MS Word, Excel and PowerPoint with a high degree of proficiency
• Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Strong knowledge of general office practices
• Strong consultative sales skills
• Advanced math skills
• Excellent communication skills (written, verbal, listening)
• Self-motivated/takes initiative
• Detail-oriented and well-organized
• Effective organizational and time management skills.
• Ability to work independently as well as part of a team
• Ability to maintain confidentiality and adhere to the institution's privacy policies
• Current driver's license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.

BENEFITS:

Health Insurance

Short Term Disability

Long Term Disability

Life

401K

Dental

Vision

Student Loan Debt Repayment

PTO

The incumbent must

PI239508986