Job summary
Job post source
This job is directly from Busey
Job overview
The SBA Business Development Officer II at Busey is responsible for developing and managing SBA 7(a) lending relationships, driving new business growth, and maintaining loan quality to support the bank's lending goals.
Responsibilities and impact
The role involves originating SBA loans, building referral networks, structuring and underwriting credit transactions, monitoring loan repayments, detecting problem loans early, and supporting other business lines in development efforts.
Compensation and benefits
The position offers a base salary range of $80,000 to $109,000 annually, potential bonuses or incentives, and a comprehensive benefits package including 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision insurance, life and disability insurance, wellness incentives, and employee assistance programs.
Experience and skills
Candidates should have a Bachelor's degree in Accounting or Finance, knowledge of SBA 7(a) lending, strong communication, sales, and customer service skills, and preferably prior banking, finance, credit, or sales experience along with Microsoft Office proficiency.
Work environment and culture
Busey values diversity and inclusion, fostering a team-oriented environment committed to service excellence and equal opportunity employment.
Company information
Busey is a bank that emphasizes service excellence and inclusivity, offering a range of financial services and a supportive workplace culture.
Application process
Applicants should apply directly to Busey as the company does not accept unsolicited resumes from recruiters without a formal agreement, emphasizing direct candidate submissions.
Unique job features
The role offers flexibility in sales territory without geographic restrictions and involves cold calling and networking to build a client portfolio from scratch.
Company overview
Busey is a financial services company that offers a range of banking, investment, and insurance services. They generate revenue through interest on loans, fees for financial services, and investment income. Founded in 1868, Busey has a long history of serving communities in Illinois, Missouri, Indiana, and Florida. The company is known for its strong customer service and community involvement, making it a reputable employer in the financial sector.
How to land this job
Position your resume to emphasize your expertise in SBA 7(a) lending, including loan origination, underwriting, and structuring to maximize value for the guaranty on the secondary market.
Highlight your skills in developing referral networks with commercial real estate brokers, business brokers, accountants, lawyers, and other professionals to generate SBA loan opportunities and cross-sell bank services.
Showcase your ability to analyze complex financial data, make independent lending decisions within bank policies, and manage loan quality including early detection of problem loans.
Apply through multiple platforms such as Busey’s corporate careers page, LinkedIn, and other reputable job boards to maximize your exposure for this role.
Connect with current SBA Business Development Officers or Relationship Managers at Busey on LinkedIn; initiate conversations by commenting on their recent posts about SBA lending or by asking how they approach building referral networks for SBA loans.
Optimize your resume for ATS by incorporating keywords from the job description such as 'SBA 7(a) lending,' 'loan origination,' 'credit underwriting,' 'referral network development,' and 'loan quality management' to improve your chances of passing automated screenings.
Leverage Jennie Johnson’s Power Apply feature to automate tailoring your resume, identify the best application channels, and find relevant LinkedIn contacts to network with, allowing you to focus your time on preparing for interviews and strategic networking.
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