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GENERAL FUNCTION:
Responsible for the origination and closing of government-guaranteed small business loans, sourced through a self-developed network of referral sources. Focus on assisting customers in achieving their financial goals by providing smart financial solutions for business needs; serving as a trusted advisor by collaborating with a team of product partners utilizing the One Bank process to understand the customers’ holistic business needs; and developing revenue growth by identifying needs and providing needs-based solutions and services to the client.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensuring that actions and behaviors drive a positive customer experience. While operating within the Fifth Third Bank risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Identify and develop qualified prospects for SBA loan products through centers of influence, such as business brokers, loan brokers, real estate brokers, CPAs, attorneys, and community development organizationsWork directly with applicants to assess SBA eligibility and Fifth Third credit qualifications and collect required application information and documentationEnsure adherence to the SBA SOP and Fifth Third credit policy while keeping the customer at the centerWork with product partners to analyze, evaluate, and develop a tailored relationship strategy for each client or prospectAttend community and/or specific industry forums, conferences, and/or meetings to broaden relationship networks and referral sources and continually deepen knowledge of trends, practices, services, and the competitive landscapeUtilize the organization’s value proposition to articulate the advantages of obtaining financing through a tech-enabled lenderEffectively retain and grow long-term profitable client relationshipsPlan and conduct relationship-strategy and relationship-review meetings with product partnersCoordinate client-facing activities, including credit support and other product partnersConduct thorough effective pre-call planning, One Bank consultative sales approach, and prompt post-call follow-upPartner with internal stakeholders on credit requests, and adhere to established portfolio management guidelinesMonitor, on an ongoing basis, information concerning customer financial performance, condition, and industry trends to determine that any credit exposure is at an acceptable risk and priced accordinglyChampion the organization’s vision and core values through personal actions and leadership influence to promote high-performing work groupsComplete administrative responsibilities in a timely mannerMINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Extensive knowledge of U.S. Small Business Administration loan programsBachelor’s degree in finance, economics, or mathematics or related business field, or four (4) years related experienceMinimum of five years of SBA sales experienceProven ability to build new and existing client business and provide a positive client experienceStrong business acumen, including detailed analysis, review of financial statements, and understanding of basic accounting principlesAbility to assess client needs, drivers of profitability, and corporate/personal lifecycle-optimizing financial solutionsEffective problem-solving and analytical skills with the ability to handle and prioritize multiple tasksDemonstrated strong verbal and written communication skills, specifically experience in face-to-face negotiations and group presentationsProven ability to work in a team-based sales environmentProficiency in all Microsoft Office softwareAt Fifth Third Bank, we understand the importance of rewarding our employees for their hard work and dedication, therefore, our Total Rewards offering includes a differentiated compensation package and comprehensive benefits.
Benefits:
Our benefits programs are designed to support the health, happiness, and financial well-being of our employees and their families. Your benefits will include access to comprehensive medical, dental, and vision coverage, a 401(k) plan and employee stock purchase plan that both offer a generous employer match, flexible paid time off, comprehensive leave programs, and unique benefits to support your overall mental and physical wellness. For additional details, please contact your recruiter.
Compensation:
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.
Regional Director of SBA Lending - ProvideAt Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Virtual, Illinois 00000Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.