SBA Business Development Officer 2
About the job
- Bachelor's degree or equivalent work experience.
- Five to eight years of commercial credit, relationship banking, or other job-related experience.
- Develop contacts and leads to generate Small Business Administration loan financing for business customers, primarily financing owner-users purchasing commercial real estate.
- Build, develop, and maintain profitable specialty finance lending relationships with new and existing customers.
- Generate leads through cold calling and existing contacts to develop Small Business Administration lending opportunities.
- Consult with customers and prospects at their places of business to understand business practices and identify financial goals and needs.
- Develop and promote U.S. Bank products and services to meet customer and Bank business needs.
- Originate applications for Small Business Administration loans and contribute to the growth of the Specialty Finance loan portfolio.
- Gather, analyze, and discuss credit and financial information to determine credit quality and the appropriateness of Small Business Administration financing.
- Develop Small Business Administration loan packages, gather pertinent financial information, and submit packages to the Small Business Administration processing center.
- Handle all facets of approved loans, including delivering the commitment letter, reviewing loan-program details, and closing.
- Deepen customer relationships by meeting needs through additional products and services.
- Refer clients to other U.S. Bank areas to address additional needs.
- Partner with Business Banking, Community, and Commercial teams to develop, communicate, and implement the sales strategy, meet or exceed business objectives, and exchange leads and referrals.
- Represent the Bank at civic and community functions to enhance the Bank's reputation and develop additional business opportunities and centers of influence.
- Strong relationship management and business-to-business sales skills.
- Well-developed analytical and problem-solving skills.
- Advanced knowledge of credit administration, analysis, and policy and procedure.
- Advanced knowledge of Small Business Administration lending products and services.
- Demonstrated understanding of complex financial accounting and analysis.
- Ability to work effectively with individuals and groups in managing customer relationships.
- Excellent presentation, verbal communication, and written communication skills.
About the company
U.S. Bank is one of the largest banks in the United States, serving consumers, small businesses, corporations, and government agencies with banking, lending, payments, and wealth management. Its Elavon subsidiary is one of the world's biggest processors of card payments for merchants, handling sales in the United States, Canada, and Europe. People and small businesses use its branches and mobile app for checking, savings, credit cards, mortgages, and loans, while companies use it for corporate cards and cash management, and the bank earns money from loan interest and fees. U.S. Bank received national bank charter No. 24 in 1863, under President Abraham Lincoln, and is based in Minneapolis as the main subsidiary of U.S. Bancorp.
Company Size
10,001+
Company Stage
IPO
Headquarters
Minneapolis, Minnesota
Founded
1863
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Simplify's Take
What believers are saying
- Profits are climbing: net income rose 20% to $2.2 billion in the June 2026 quarter on record $7.7 billion revenue.
- Room to grow: U.S. Bank listed 1,285 open roles in October 2026, led by 512 in branch banking.
- Stability has a track record: U.S. Bancorp stayed profitable through the 2008 financial crisis, earning $2.9 billion that year.
What critics are saying
- Its card-processing arm is slowing: after losing European sales partners, merchant revenue grew just 2.3% in the June 2026 quarter.
- Headcount keeps falling: U.S. Bancorp's staff shrank 12% in three years, to 68,520 by December 2025.
- Expect three office days a week: since March 2024, attendance counts in performance reviews for staff near its hub offices.
What makes U.S. Bank unique
- Payments is unusually big for a bank: card issuing, merchant processing and corporate payments made 23% of revenue in mid-2026.
- Washington pays with its cards: only U.S. Bank and Citibank issue federal SmartPay cards, about $40 billion a year.
- Amazon chose it over American Express: U.S. Bank began issuing Amazon's small business credit cards in May 2026.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Paid Vacation
Paid Holidays
Adoption Assistance
Paid Sick Leave
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