Business Development Officer

Job Description

Job Description

Business Development Officer

THE ORGANIZATION

Our mission is to lead in the development and growth of long-term diversified business and employment opportunities by creating innovative solutions that generate increased wealth and enhanced quality of life for the citizens, businesses and institutions of the St. Louis region.

The St. Louis Economic Development Partnership marks a new era of collaboration within St. Louis by aligning regional efforts in business development, business finance, entrepreneurial support and international trade services.

Today, the Economic Development Partnership provides a broader range of services than most agencies of its kind, boosting innovation and entrepreneurship, attracting and retaining companies, increasing the region's international reach, and revitalizing municipalities, the partnership has become a key facilitator of regional growth for businesses and communities throughout the St.

Louis Metropolitan area.

Accredited Economic Development Organization St. Louis Economic Development Partnership is proud to have earned the distinguished title, Accredited Economic Development Organization (AEDO) from the International Economic Development Council (IEDC).

The accreditation signifies the professional excellence of economic development entities throughout North America.

Position Description

The Business Development Officer in the Business Finance Department is responsible for marketing the many loan programs of the St.

Louis Economic Development Partnership, including the SBA 504 loan program, throughout St. Louis City and County. In addition to managing the loan application process for the 504 and other STLPartnership loan programs from receipt of the application through the approval

process.

Job Duties

Market the 504 loan program, and the other STLPartnership loan and bond programs, to various groups including, but not limited to bankers, accountants, attorneys, real estate agents, chambers of commerce, business associations, and trade groups;

provide guidance to St. Louis County and City businesses who need assistance with financing options, and act as a resource

center to provide them with the information they need.

• Meet with applicants to assist with the application including providing a detailed explanation of the programs, assist with completing the application, gather the necessary supporting documentation and required fees.
• Provide essential information to St. Louis County and City businesses who are in search of vital information, be it for starting a business, reviewing business plans, providing direction to alternative financing sources, or making referrals to other St.

Louis County and City business assistance providers.

• Assist the senior leadership with developing marketing programs for the entire division.
• Evaluate, process, and recommend loans by analyzing both business and personal financial

statements, credit reports, company history, and collateral / guaranty values; prepares loan officer

report and complete loan package for credit committee and board review, and in some instances,

final review by third party. This includes entering all 504 loan information or other loan product

information into the specialized software utilized for all loan programs.

Commensurate with experience, we offer a competitive base salary and a culture which fosters and supports creativity and innovation.

The St. Louis Economic Development Partnership offers a full range of employee benefits as well.