Business Development Officer - Asset Based Lending

December 25, 2024

🦌 Connecticut – Remote

Although this job is listed in Connecticut, this company may be open to hiring remote in other states.

🏖️ New Jersey – Remote

Although this job is listed in New Jersey, this company may be open to hiring remote in other states.

+3 more states

🦌 Connecticut – Remote 🏖️ New Jersey – Remote 🗽 New York – Remote 🍂 Massachusetts – Remote 🔔 Pennsylvania – Remote

💵 $151.1k - $259k / year

⏰ Full Time

🟠 Senior

🔴 Lead

💰 Business Development (BDR)

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Associated Bank

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Associated Bank is a Midwestern bank offering a wide array of banking services, including personal, business, and commercial banking. It provides features like digital banking, retirement plans, brokerage accounts, and wealth management services. The bank emphasizes community involvement and sustainability, investing significantly in initiatives such as affordable housing and economic development. Known for its Midwest-based customer care, Associated Bank operates hundreds of branches in Illinois, Minnesota, and Wisconsin, and provides various online and mobile banking solutions.

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

• Responsible for initiating new business opportunities and expanding client relationships by developing key Centers of Influence (COIs). • Focus on generating and closing Asset Based Lending opportunities while working closely with internal partners. • Ensure compliance with Associated Banc-Corp credit policies, procedures, and regulatory guidelines. • Collaborate with internal partners to cross-sell a full range of bank products and services. • 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. • Expected travel for this role will be around 25% of the time, including overnight stays.

🎯 Requirements

• Bachelor's Degree or equivalent combination of education and experience in Business, Finance, Accounting or other applicable disciplines. • 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. • Must have access to reliable transportation and the ability to lawfully drive self, if applicable.

🏖️ 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.