Asset Based Lending Senior Business Development Officer
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! This job is responsible for sourcing new financing opportunities and leading deal teams through the analysis, approval, and execution phases of a transaction. Key responsibilities include working on sole lender, club, and widely syndicated ABL transactions and maintaining an external referral network of private equity firms, investment banks, consultants, and direct credit lenders. Job expectations include developing an internal referral network of relationship managers and credit product managers in Global Banking among other lines of business to work with prospective ABL clients and COIs.
Responsibilities:
- Originates new asset based lending credit facilities for companies $50MM+ in revenue
- Acquires profitable client relationships through sales, prospecting, and enhancing existing relationships
- Understands and interprets financial and cash flow statements to assess and analyze financial conditions of companies and industry trends
- Collaborates with internal bank partners to deliver asset based lending solutions to clients and prospects
- Leads and facilitates dialogue with complex clients and prospects on topics such as the industry, alternative capital structures, and general business issues
- Coaches and mentors peers, while utilizing leadership skills
- Adapts to changes in sales practices and broader market and industry conditions as needed
Skills:
- Business Development
- Negotiation
- Sales Strategy
- Client Management
- Influence
- Networking
- Referral Identification
- Oral Communications
- Referral Management
- Written Communications
Required Skills
- Direct calling experience at the CEO, CFO and MD level
- Five+ years of experience in ABL Lending
- Strong oral, written and analytical/credit skills
- Ability to travel for in-person meetings
- FINRA 7, 63 and 79 licenses (if not currently licensed, must be completed within 180 days of start date).
Desired Skills
- Completion of a bank credit training program.
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)Hours Per Week:
40Recommended Jobs
Sr Manufacturing Test Engineer
Anduril is a defense product company on a mission to transform U.S. and allied military capabilities through advanced technology. With deep expertise in AI, computer vision, sensor fusion, optics and…
IE / GMS Manager
Description Sponsorship: GM DOES NOT PROVIDE IMMIGRATION-RELATED SPONSORSHIP FOR THIS ROLE. DO NOT APPLY FOR THIS ROLE IF YOU WILL NEED GM IMMIGRATION SPONSORSHIP NOW OR IN THE FUTURE. THIS INC…
HR Recruiter/Coordinator
Kundel Industries is looking for an in-house HR Recruiter/Coordinator that would like to grow into a larger HR role as an HR Generalist. This is not an entry level position You must have prior recrui…
Pharmacy Technician / Part-Time
Our Company PharMerica Overview Join our PharMerica team! PharMerica is aclosed-door pharmacywhere you can focus on fulfilling the pharmaceutical needs of our long-term care and senio…
Supervisor, Customer Operations
At STERIS, we help our Customers create a healthier and safer world by providing innovative healthcare and life science product and service solutions around the globe. Position Summary Come joi…
Physician Assistant
Pain Management Physician Assistant Opportunity We are seeking a motivated and compassionate Physician Assistant to join a well-established pain management practice in Springfield, Ohio. This is…
Finance Intern
Lensa is a career site that helps job seekers find great jobs in the US. We are not a staffing firm or agency. Lensa does not hire directly for these jobs, but promotes jobs on LinkedIn on behalf of …
Reverse Engineer Intern
Title: Reverse Engineer Intern Project Overview As a Reverse Engineer Intern, you will join a dynamic team focused on rapidly characterizing and exploiting low-equity commercial off-the-shel…
Senior Software Engineer, Full Stack
Senior Software Engineer, Full Stack Do you love building and pioneering in the technology space? Do you enjoy solving complex business problems in a fast-paced, collaborative, inclusive, and itera…