First Merchants Corporation

SBA Business Development Officer I

First Merchants Corporation  •  Columbus, OH / Farmington Hills, MI (Remote)  •  1 day ago
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Job Description

First Merchants Bank is seeking a SBA Business Development Officer I to join our team! This position can be remote within our operational footprint. This position is a development program for recent college graduates to develop communication, financial analysis and pipeline generation skills in preparation for promotion to a full Business Development role upon completion. As part of this program, participants will assist current senior BDO’s with file management, work with customers to obtain documentation, provide assistance with financial analysis, complete assignments and assume responsibilities of various tasks; including the delivery of a superior customer experience, Participants will complete the NAGGL SBA Lender training course, and will complete mentoring and coaching tasks, while learning all bank of policies and procedures.

As part of this role, you will:

  • Collaborate with immediate supervisor and/or training mentor to complete assigned curriculum and a Career Growth Planner (CGP).
  • Lead and/or participate in various projects.
  • Complete each phase of the program, a skills assessment, and demonstrate knowledge of competency in discussion with a SBA Business Development Director.
  • Participate in trainee development meetings and/or conferences; lead designated discussion groups.
  • Serve in place of absent BDO’s as needed.
  • Travel to banking centers, regional operations sites, and additional meeting locations.
  • Collaborate with SBA Business Development Director to promote the bank through community involvement and leverage contacts to create a pipeline of new business opportunities.
  • Identify and cultivate relationships with external referral sources to maintain a consistent pipeline of high-quality new SBA loan transactions.
  • Work with prospective borrowers to collect required documents; organize and save documents per team protocols ensuring proper security measures of any sensitive or personally identifiable information.
  • Work with borrowers to address any character issues by obtaining written explanations and any additional documentation required by the SOP.
  • Participate in initial “kick-off” call with borrower and Underwriter for each loan.
  • Assist Underwriters and Closers, as necessary, to gather required documentation and ensure borrower cooperation.

To be successful in this position, we require the following:

  • Bachelor's degree

First Merchants offers the following:

  • Base Pay PLUS Bonuses
  • Medical, Dental and Vision Insurance
  • 401k
  • Health Savings and Flexible Spending Accounts
  • Vacation/Sick Time
  • Paid Holidays
  • Paid Parental Leave
  • Tuition Reimbursement
  • Additional Benefits

A little about us:

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision is:

To enhance the financial wellness of the diverse communities we serve.

Our Mission is:

To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team:

"We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!

First Merchants Corporation

About First Merchants Corporation

First Merchants Corporation is the largest financial services holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME.

First Merchants offers customers broad financial services throughout locations in Indiana, Ohio, Illinois and Michigan providing:

• Commercial Banking (business) – checking, treasury management, card services, financing, loans, electronic banking, online and mobile banking.

• Personal Banking (consumer) – checking, savings, CDs, mortgages, loans, IRAs, HSAs, online and mobile banking.

• Private Wealth Advisors - trusts, investments, 401(k) plans, 403(b) plans, profit sharing plans, pension plans, cross-tested plans, cash balance plans, Flexible Spending Accounts, IRAs, SEP IRAs, and succession planning.

First Merchants is committed to customers by:

• Developing strong relationships.

o As financial advisors – our professionals listen and provide solutions

o The tenure of our professionals averages eight years, meaning you will enjoy continuity of service

o We hire local professionals from the communities we serve

• Customers benefit from local decision making.

o Decisions are made faster

o The process is streamlined, with each customer having a single point of contact.

o Our financial professionals are empowered to develop tailored solutions.

• The local communities we serve benefit from First Merchants’ involvement and support.

Member FDIC, Equal Housing Lender. Investment Management solutions provided by First Merchants Private Wealth Advisors may not be FDIC insured, are not deposits of First Merchants Bank and may lose value. First Merchants and the shield logo are registered service marks of First Merchants Corporation.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Muncie, IN
Year Founded
1893
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