Senior Business Development Officer

2 hours ago

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Flagstar Bank

WebsiteLinkedInAll Job Openings

Mortgage • Commercial Banking • Personal Financial Services • Government Banking • Small Business Banking

5001 - 10000

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. • 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.

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.