ABL Business Development Officer Sr
Company: Flagstar Bank
Location: Beverly Hills
Posted on: October 23, 2024
Job Description:
The Sr Asset Based Lending Business Development Officer sources
and originates new asset-based clients. Develop relationships (Both
internally and externally) that yield new clients in the future.
Pay Range: $140,622 - $209,526 - $278,431
- Searches for and locates new ABL opportunities from external
sources (direct, intermediary, equity sponsors).
- Searches and locates new ABL opportunities from internal
sources within the Bank (Group Directors, Equipment finance,
Sponsor Finance and Specialty Lending).
- Processes and leads new business through internal credit
approval process and documentation.
- Performs special projects, and additional duties and
responsibilities as required.
- Consistently adheres to regulatory and compliance policies and
standards linked to the job as listed and complete required
compliance trainings. - Accountable to maintain compliance with
applicable federal, state and local laws and regulations.
JOB REQUIREMENTS
- Education level required: Undergraduate Degree (4 years or
equivalent) in business, economics, or some other related field.
Required
- Minimum experience required: 8+ Years of ABL experience as an
Analyst, Portfolio Manager, Underwriter or Business Development
Officer. Required
- Experience with Asset Based Lending policies and procedures.
Required
- Demonstrated ability to identify and structure ABL new
business.
- Self-starter and disciplined in approach to job duties and
responsibilities.
- Proficiency in Microsoft Office applications such as; Outlook,
Word, and Excel
- Strong communication and interpersonal skills.
- Ability to travel to meet new business prospects and
events.
- Physical demands (ADA): The job requires a moderate degree of
physical exertion and stamina such as standing, sitting, walking,
driving or infrequent lifting.
Keywords: Flagstar Bank, Beverly Hills , ABL Business Development Officer Sr, Other , Beverly Hills, California
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