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Bancorp Bank, TheBT

AVP SBL Sales Associate

The Bancorp, Inc. is a prominent financial services provider that specializes in serving nonbank companies by offering innovative banking solutions and customized payment services.

Bancorp Bank, The

Employee count: 501-1000

Salary: 60k-75k USD

United States only

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Overview

***This is a remote position and can be located anywhere in the U.S.A.***

Supports the Small Business Lending (“SBL”) sales team by performing a variety of activities to grow the SBL loan portfolio.

Responsibilities

Essential Functions

  • Acts as the internal point person for assigned SBL Business Development Officer(s), handling existing client and prospect questions and ensuring that all direct sales-related support is provided in a timely and efficient manner.
  • Works closely with the assigned Business Development team to strategically manage product growth within the SBL business unit. Supports the SBL Business Development Officer(s) in assessing interest in company products, increasing brand penetration, and generating meetings for assigned SBL Business Development Officer(s).
  • Acts as the internal sales desk and subject matter expert during the sales process. Explains SBL products and requirements in depth to ensure potential clients understand the loan application, loan documentation, credit review, and approval processes for SBL loan products.
  • Attends client conference calls with assigned Business Development Officer(s) and ensures follow up, outstanding items, and materials are provided promptly.
  • Works with assigned SBL Business Development Officer(s) and the department leadership team to prepare, design, and implement marketing campaigns within the SBL markets.
  • Researches territory, identifies opportunities, and prospects for new business and makes recommendations to leadership for planning campaigns to increase product penetration and name recognition.
  • Manages assigned leads and accounts within the systems. Updates data within the system to assure leads are accurate and qualified.
  • Manages pipeline. Updates all sales activity to assure quarterly activity quotas are met.
  • Provides suggestions and recommendation on sales ideas, sales activities, and related tasks and coordinate execution of approved concepts.
  • Works with others as needed to manage win-win solutions for the clients on process as well as credit and related issues associated with the client accounts and loan process.
  • Performs other duties as assigned.
  • Up to 25% travel required.
  • Qualifications

    Education/Experience Requirements

    • Undergraduate degree in a related field or an equivalent combination of training and experience.
    • 4 years of SBA or Commercial Lending sales support experience.

    Preferred Requirements

    • Strong working knowledge of SBA loan products.
    • Excellent verbal, written, and interpersonal communication skills.
    • Team player able to work effectively in a team fostered, multi-tasking environment.
    • Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook.

    Additional Information

    This job will be open and accepting applications for a minimum of five days from the date it was posted.

    Salary Range: Salary Range: $60,000 - $75,000 Plus Incentive

    This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job's location. We offer competitive pay that varies based on individual experience, qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more, you are welcome to discuss with us as you move through the selection process.

    Working at The Bancorp Bank, N.A. and Benefits Information: https://thebancorp.com/company/join-our-team/

    Company Culture & Background Screening

    Company Culture at The Bancorp Bank: https://www.thebancorp.com/company/company-culture/

    The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

    Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.

    #BancorpRemote

    About the job

    Apply before

    Posted on

    Job type

    Full Time

    Experience level

    Salary

    Salary: 60k-75k USD

    Education

    Bachelor degree

    Experience

    4 years minimum

    Experience accepted in place of education

    Location requirements

    Hiring timezones

    United States +/- 0 hours

    About Bancorp Bank, The

    Learn more about Bancorp Bank, The and their company culture.

    View company profile

    Founded in 1999 by Betsy Z. Cohen, The Bancorp, Inc. has carved out a unique niche in the financial services sector as a pioneer focusing on non-bank financial service companies. With headquarters in Wilmington, Delaware, and an operational base in Sioux Falls, South Dakota, The Bancorp has steadily evolved into a formidable payment services provider and specialized lender across the United States.

    For over 20 years, The Bancorp has been providing nonbank companies with the people, processes, and banking technology to meet their individual needs. Its banking solutions are tailored to empower clients ranging from entrepreneurial startups to Fortune 500 companies, enabling them to harness the potential of innovative financial technology. The Bancorp Bank, as its banking arm, has gained national recognition for its expertise in the prepaid card space, consistently earning accolades as the top issuer of prepaid cards and as a premier partner for merchant services and ACH origination.

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    Bancorp Bank, The

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