Business Development Officer developing asset-based lending transactions for CIBC in the Great Lakes region. Responsible for new strategic relationship acquisition and business generation goals.
Responsibilities
Identify, develop, and assist in closing high-quality asset-based lending transactions
Prospect new ABL clients in the Great Lakes region
Responsible for new strategic relationship acquisition and resulting new business generation goals
Drive new business through quality leads from a wide network of referral sources
Serve as the point person in assessing prospective relationships with clients
Act as Strategic Advisor to clients
Assist in structuring new deals to bridge client expectations and bank requirements
Collaborate with Portfolio Managers to ensure delivery of top-notch client service
Provide guidance during credit events for new strategic relationships
Requirements
Bachelor's degree or higher
Minimum of 10 years of ABL experience
Minimum of 5 years of successful experience as a business development officer for a Commercial or ABL lender
In-depth understanding of the asset-based lending industry
Deep referral source network with a track record of consistent calling efforts
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