Bank of America

Senior Business Development Officer – Asset Based Lending

Bank of America

full-time

Posted on:

Location Type: Office

Location: Cleveland • Ohio • 🇺🇸 United States

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Salary

💰 $175,000 - $239,800 per year

Job Level

Senior

About the role

  • 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

Requirements

  • 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).
  • Completion of a bank credit training program.
Benefits
  • Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
  • We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
asset based lendingfinancial analysiscash flow analysiscredit assessmentsales prospectingclient relationship managementalternative capital structuresbank credit training
Soft skills
leadershipcoachingmentoringcommunicationadaptabilityanalytical skills
Certifications
FINRA 7FINRA 63FINRA 79