Minnesota Loan Officer – SBA 504 Lending
WBD, one of the nation’s leading Certified Development Companies (CDCs), is expanding its Minnesota Loan Officer team as part of its long-term growth strategy. This position offers a unique opportunity to help grow WBD’s Minnesota presence while building strong relationships with lenders, business owners, and referral partners throughout the state.
This position may be based anywhere in Minnesota and will initially operate remotely. WBD currently maintains a Minnesota office in Stillwater and may consider additional office locations in the future as growth and business needs warrant
About WBD
WBD is a nonprofit, mission-driven SBA 504 lender. We are recognized as one of the nation’s top CDCs and have built our reputation through exceptional customer service, strong lender relationships, teamwork, and a commitment to helping small businesses grow and create jobs.
At WBD, Loan Officers are not simply originators. They serve as trusted advisors, relationship managers, SBA experts, educators, and quarterbacks who guide transactions from prospecting through closing.
Team First Culture
WBD operates with a team-first culture. We believe our success comes from collaborating to help the small businesses we serve most effectively. Loan Officers work closely with internal credit & closing teams to ensure borrowers and lending partners receive a consistent, professional experience throughout every phase of the transaction.
What Success Looks Like at WBD
Successful Loan Officers at WBD are relationship-driven professionals who:
- Build and maintain trusted relationships with commercial lenders, credit unions, economic development organizations, attorneys, CPAs, and business owners.
- Serve as SBA financing resources within their markets.
- Collaborate closely with underwriting, closing, servicing, and management teams.
- Proactively develop business opportunities and expand market presence.
- Deliver a consistent, high-quality customer experience.
- Educate lenders and business owners through presentations, meetings, and training opportunities.
Why Join WBD?
- One of the nation’s top-performing CDCs.
- Strong reputation among lenders and referral partners.
- Dedicated underwriting, closing, servicing, and marketing support.
- Competitive compensation and uncapped incentive opportunities.
- Flexible remote work arrangement within Minnesota.
- Opportunity to help build WBD’s long-term Minnesota expansion strategy.
- Extensive training and professional development.
- Comprehensive benefits package including health, dental, vision, life insurance, disability coverage, 401(k) with immediate vesting, PTO, and relocation assistance where appropriate.
Job Summary
Drive SBA 504 loan production by developing and maintaining strategic relationships with banks, credit unions, economic development organizations, business owners, and other referral partners. Serve as the primary point of contact throughout the lending process, orchestrating internal teams and guiding transactions from initial prospecting to successful closing.
Qualifications
- Bachelor’s degree in finance, accounting, business, economics, or related field is required
- Minimum two years of commercial lending, business banking, relationship management, or related financial services experience.
- SBA lending experience preferred.
- Strong business development and relationship management skills.
- Credit analysis or underwriting experience preferred.
- Excellent communication and presentation skills.
- Self-motivated and comfortable working independently in a remote environment.
- Valid driver’s license.
Professional Attributes
- Team-oriented mindset.
- Strong problem-solving and loan structuring skills.
- Ability to manage multiple priorities.
- Proactive approach to business development and customer service.
- Ability to build and maintain long-term relationships.
- Public speaking and lender education capabilities.
Ready to make an impact and help local businesses grow? Join the WBD team and be part of an organization dedicated to strengthening businesses, creating jobs, and supporting communities across Wisconsin and Minnesota. Apply today!
WBD is an Equal Opportunity Employer.
Pay: $145,000.00 - $153,000.00 per year
Benefits:
- 401(k) 6% Match
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Referral program
- Relocation assistance
- Vision insurance
- Wellness program
- Work from home
People with a criminal record are encouraged to apply
Application Question(s):
- Do you have 2 or more years of commercial lending and relationship management experience.
- Do you have 4 or more years of credit underwriting experience. Sound understanding of credit underwriting practices required.
- What experience do you have working with SBA loans, and what role have you played in originating, underwriting, packaging, or servicing those loans?
Education:
Location:
Work Location: Remote
