Business Development Officer - Asset Based Lending

October 3

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Associated Bank

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Commercial and Business Banking • Commercial Real Estate Lending • Treasury Management, Capital Markets and Insurance Services • Consumer Banking • Residential Mortgage and Home Equity Lending

1001 - 5000 employees

Founded 1874

🏦 Banking

💸 Finance

💳 Fintech

Description

• The Business Development Officer (BDO) for Asset Based Lending (ABL) is responsible for initiating new business opportunities and expanding client relationships. • You will focus on generating and closing Asset Based Lending opportunities while working closely with internal partners to cross-sell bank products and services. • Drive new business by developing relationships with COIs and highly motivated prospects, focusing on long-term, profitable opportunities. • Ensure compliance with Associated Banc-Corp credit policies, procedures, and regulatory guidelines for all prospects. • Analyze financial information and coordinate due diligence, legal documentation, and the loan closing process. • Maintain detailed records of sales activities and networking relationships in SalesForce. • The expected travel for this role will be around 25% of the time, including overnight stays.

Requirements

• Education Bachelor's Degree or equivalent combination of education and experience in Business, Finance, Accounting or other applicable disciplines. • Required Experience 8-10 years Asset Based Lending or business-to-business sales and business development skills. • Knowledge of non-borrowing products, past track record of sales and client management success. • Required 10-12 years Asset Based Lending or business-to-business sales and business development skills. • Knowledge of non-borrowing products, past track record of sales and client management success.

Benefits

• Retirement savings including both 401(k) and Pension plans. • Paid time off to volunteer in your community. • Opportunities to connect with others through our diversity-focused Colleague Resource Groups. • Competitive salaries with professional development and advancement opportunities. • Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more. • Personal banking, loan, investment and insurance benefits.