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, Long Beach , ABL Business Development Officer Sr, Other , Beverly Hills, California