Asset Based Lending - Business Development Officer responsible for client relations and loan origination at U.S. Bank. Focusing on asset-based lending solutions and fostering partnerships with various stakeholders.
Responsibilities
Developing prospective customers both directly and in conjunction with bank partners.
Preliminary prospect analysis including structuring and pricing transactions opposite the perceived credit risk.
Prepare memorandum to obtain senior management approval to issue proposals.
Proposal preparation and presentation to prospective client.
Develop and maintain center of influence referral sources such as accountants, attorneys, equity and mezzanine sources, peer banks, and affiliates.
Collaborating with bank’s underwriting team to close loans. Tasks including but are not limited to supporting the preparation of the credit approval memorandum, loan documentation and client onboarding.
Requirements
Bachelor’s or master’s degree in finance, accounting or related field
10-15 years of experience in asset-based lending with strong people leader, communication, risk management, and organizational skills
Strong asset-based credit skillset coupled with a solution orientated approach that mitigates the bank’s risks
Strong client-facing experience at the C-suite level leading to account growth and relationship depth
Strong understanding of clients’ working capital needs and experience partnering with cross-functional sales and enablement teams to deliver holistic client solutions
Deep knowledge of working capital products and solutions and related ancillary solutions anchored in asset-based lending
Proven ability to build partnerships across lines of business and enable functions to drive sales transformation and identify revenue growth opportunities
Ability to travel as required
Proficient in Salesforce, MS Excel, MS Word and MS PowerPoint.
Benefits
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Job title
Business Development Officer – Asset Based Lending
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