Job Summary
The Sr Asset Based Lending Business Development Officer sources and originates new asset-based clients. Develop relationships (Both internally and externally) that yield new clients in the future.
Pay Range : $140,622 - $209,526 - $278,431
Pay Range : Local Minimum Wage - $0.00 - $0.00
Job Responsibilities :
Searches for and locates new ABL opportunities from external sources (direct, intermediary, equity sponsors).
Searches and locates new ABL opportunities from internal sources within the Bank (Group Directors, Equipment finance, Sponsor Finance and Specialty Lending).
Processes and leads new business through internal credit approval process and documentation.
Performs special projects, and additional duties and responsibilities as required.
Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
Accountable to maintain compliance with applicable federal, state and local laws and regulations.
JOB REQUIREMENTS
Education level required : Undergraduate Degree (4 years or equivalent) in business, economics, or some other related field. Required
Minimum experience required : 8+ Years of ABL experience as an Analyst, Portfolio Manager, Underwriter or Business Development Officer. Required
Experience with Asset Based Lending policies and procedures. Required
Demonstrated ability to identify and structure ABL new business.
Self-starter and disciplined in approach to job duties and responsibilities.
Proficiency in Microsoft Office applications such as; Outlook, Word, and Excel
Strong communication and interpersonal skills.
Ability to travel to meet new business prospects and events.
Physical demands (ADA) : The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving or infrequent lifting.
Flagstar is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identify, or national origin.
Sr. Director - Business Development - Utility Program Services
In partnership with the broader business development team, corporate Learning & Development, and division operation, develop and deliver training programs to enhance the skills of seller/doer staff and business development teams. Prepare reports on key business development metrics and present mo...
Business Development Officer
The Business Development Officer is responsible for helping the bank obtain better brand recognition and financial growth. Established goals will be centered around deposit growth, loan growth, fee income, and business line referrals and business revenue. Prospect, cold call, network and develop new...
Sr. Director - Business Development - Utility Program Services
In partnership with the broader business development team, corporate Learning & Development, and division operation, develop and deliver training programs to enhance the skills of seller/doer staff and business development teams. Prepare reports on key business development metrics and present mo...
Sr Business Development Officer
The Senior Business Development Officer (SR BDO) on Self-Help’s national Commercial Lending team is responsible for generating energy efficiency and clean energy opportunities that enhance the team’s existing sector focus areas. Senior Business Development Officer to join our team!. Be knowledgeable...
Commercial Loan Business Development Officer - To 175K - Chicago, IL -Job # 3274
The business development officer will demonstrate a genuine interest in prospective and new customers and ask questions to understand their business operations, financial priorities and objectives. Commercial Loan Business Development Officer – To $175K + Bonus – Chicago, IL – Job # 3274. Our client...
Business Development Officer
The Business Development Officer (BDO) will source a variety of for-profit and non-profit commercial loans that have broad economic impact (, small business, commercial real estate, nonprofit facilities, and multifamily housing). We are seeking a Business Development Officer to focus on the greater ...
Sr. Business Development Executive - Paze
Employee must be able to perform essential functions and physical requirements of position with or without reasonable accommodation. As a trusted name in payments, we partner with thousands of institutions to increase access to financial services and protect transactions for hundreds of millions of ...
Sr Business Development Manager- Broadcast Virtual Production
The Business Development Manager will play a crucial role in identifying business opportunities, defining customer needs, and developing customized solutions to drive growth and customer satisfaction. Business Development:• Identify and pursue new business opportunities to expand our market presence...
E00186 - Business Development Officer-North Cook County
Our Treatment Advocates will identify, establish, maintain and develop relationships with all potential referents within their respective territories. Engages customers interactively using technology, marketing, and customer services with the goal of improving business relationships with customers, ...
Commercial Loan Business Development Officer – To $175K + Bonus – – Job # 3274
The business development officer will demonstrate a genuine interest in prospective and new customers and ask questions to understand their business operations, financial priorities and objectives. Our client is seeking to fill a Commercial Loan Business Development Officer role in the greater Chica...