Business Development Officer – Asset Based Lending

U.S. Bank

Business Development Officer at U.S. Bank responsible for asset-based loan origination and client relationship management, collaborating with the bank’s partners for financial solutions.

Posted 5/13/2026full-timeChicago • Illinois, New York • 🇺🇸 United StatesSeniorLead💰 $159,970 - $188,200 per yearWebsite

About the role

Key responsibilities & impact

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

What you’ll need

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

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

asset-based lendingcredit risk analysisproposal preparationloan documentationclient onboardingworking capital productsrisk managementsales transformationrevenue growth strategiesfinancial analysis

Soft Skills

communicationorganizational skillspeople leadershipclient-facing experiencerelationship managementcollaborationsolution-oriented approachpartnership buildingcross-functional teamworkstrategic thinking