Asset Based Lending Senior Business Development Officer
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Bank of American Business Capital (BABC), the market leading provider of asset-based lending (ABL) solutions, is seeking a Senior Business Development Officer (BDO) to deliver creative senior secured credit facilities to large corporate, middle market and lower middle market borrowers in support of their organic and/or M&A growth, recapitalizations and refinancing of existing debt. The Sr. BDO will cover a territory in the Pacific Southwest.
The BDO's role is to source new financing opportunities, and lead deal teams through the analysis, structuring, approval and execution phases of a transaction. The BDO should be capable of working on sole lender, club and widely syndicated ABL transactions. In addition to directly calling on prospective ABL clients, the BDO will have an external referral network comprised of private equity firms, investment banks, consultants, direct credit lenders, etc. The BDO will develop an internal referral network of relationship managers and credit product partners within Commercial and Corporate Banking.
Required Skills:
- 5+ years Asset Based Lending experience
- Experience facilitating creative senior secured credit facilities to large corporate and middle market borrowers
- Direct calling experience at the CEO, CFO and MD level
- Ability to travel for in-person meetings
- Strong oral, written and analytical/credit skills
- Series 7, 63 and 79 licenses (if not currently licensed, must be completed within 180 days of start date)
Desired Skills:
- 3+ years working with private equity firms
- Completion of a bank credit training program
- BBA and/or MBA degree(s) are helpful, but not required
Shift:
1st shift (United States of America)Hours Per Week:
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