BDC Careers

Job Overview

Business Development Corporation of South Carolina, a leader in small business lending, is seeking a commercial loan officer for its corporate office in Columbia, SC. We are seeking an experienced Commercial Loan Officer to join our dynamic team. This role is key to the effective operation and growth of our commercial lending function. The ideal candidate will be adaptable, with the ability to handle a range of responsibilities as business needs evolve.

Responsibilities

Note: the following statements are intended to describe the general nature and level of work performed; they are not intended to be an exhaustive or exclusive list of the required responsibilities, duties, and skills; Management retains the discretion to add to or change the duties and requirements of this position at any time, with or without notice, as business needs dictate.

• Analyze, approve, or refer commercial loans, developing comprehensive borrower profiles.
• Collaborate with underwriters for thorough financial and credit analysis.
• Actively pursue new loan relationships through various business development strategies.
• Prepare and present loan requests to loan committees.
• Ensure accuracy and completeness of loan documentation.
• Resolve customer inquiries, maintaining strong, professional relationships.
• Conduct field and business inspections to assess collateral and overall business health.
• Contribute to special projects and carry out additional duties as needed.

Key Skills

• Strong sales and communication skills, with a solution-oriented approach.
• Proficiency in Microsoft Office Suite (Word, Excel, Outlook).
• Ability to work both independently and as part of a team.
• Exceptional customer service and interpersonal skills.

Qualifications

• Required: Minimum 5 years of experience in Commercial Lending as a relationship manager.
• Preferred: SBA lending experience and formal sales or credit training.
• Strong background in credit analysis, loan structuring, and collections.

Education Requirements

• Bachelor's degree or equivalent in work experience.
• Degree in finance or accounting preferred.

Work Environment

• Office setting with regular interaction with colleagues and customers.
• Requires effective communication and the ability to manage multiple tasks.

Physical Requirements

• Standard office requirements: hearing, speaking, reading, typing.
• Occasional driving and moderate computer use.
• Ability to lift up to 25 pounds as needed.

Application Process

Interested candidates should submit their application here.

Job Overview

The Commercial Loan Officer Assistant will support Commercial Loan Officers by completing a variety of administrative support functions to contribute to efficient and effective processing of loan applications including SBA loan applications.

Responsibilities

• Serve as liaison between borrower, lender, underwriting, and Loan Closing Departments in coordinating receipt and review of required documents.
• Review application checklists, forms, and disclosures for accuracy and completeness.
• Gather all necessary documentation required to make a complete file, including, but not limited to: application documents, tax returns, financial statements, income verifications, IRS tax return transcripts, credit reports, appraisals, insurance certifications, and construction and purchase contracts.
• Order and perform an initial review of appraisals/environmental reports to ensure the property conforms to SBA appraisal/environmental guidelines.
• Communicate with loan officers and borrowers about items needed to reach a loan decision; follow up on all file documentation to meet required commitment deadlines.
• Oversee the loan documentation pipeline by updating the lender and borrower on loan status, ensuring timely completion of the loan process, and follow up on missing items.
• Review loan file information to ensure accuracy and adherence to all SBA regulations per SOP (Standard Operating Procedures), prior to loan submission.
• Input borrower and loan request information into the loan processing data system.
• Assist with Commercial Lending communications, including responding to incoming telephone calls, email, and voice mail.
• Provide borrowers with timely and periodic status updates of the loan application.
• Prepare various monthly activity monitoring reports for loan officers.
• Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
• Provide support and assistance, and other related duties as assigned, in support of the daily functions of the Commercial Lending team.
• Ensure that confidential information is safeguarded.

Qualifications

• Candidate is not required to have direct SBA loan processing experience; training is available.
• However, a minimum of three years loan processing or loan assistant experience in a commercial banking environment preferred.
• Alternatively, prior experience as a paralegal for a loan transaction focused law firm.
• Proven ability to work productively and efficiently without direct supervision.
• Strong detail orientation and organizational skills.
• Excellent verbal and written communication skills, including telephone and email skills.
• Excellent borrower service skills.
• Ability to handle multiple tasks and frequent interruptions.
• Proficient in MS Office, Word, Excel, Access, and Outlook.
• Uphold professional expectations including core values, borrower service, and dress code.

Education Requirements

• High school diploma
• Bachelor's degree preferred

Physical Requirements

• May be required to push, pull, lift or move items weighing up to 25 pounds.

Application Process

Interested candidates should submit their application here.