Associated Bank
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Business Development Officer - Asset Based Lending
Location
United States
Posted
2 days ago
Salary
Not specified
No structured requirement data.
Job Description
This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.
Role Description
The SVP, Business Development Officer – Asset Based Lending drives new business growth with mid-sized and large companies. This role builds strong referral networks and delivers customized lending solutions that create long-term, profitable relationships. You’ll have the autonomy to lead complex opportunities while collaborating across the bank to expand client impact.
- Drive new ABL business through strong Centers of Influence including private equity sponsors, investment bankers, attorneys, and accountants.
- Develop high-quality prospects and convert opportunities into closed, profitable relationships.
- Analyze financial statements, collateral reports, and risk factors to ensure compliance with credit policy and regulatory guidelines.
- Partner with internal teams to structure competitive pricing, credit solutions, and return strategies.
- Cross-sell treasury management, capital markets, private banking, wealth management, and other non-borrowing services.
- Coordinate due diligence from initial screening through legal documentation and loan closing.
- Represent the bank in community and industry organizations to build brand presence and referral networks.
- Maintain accurate pipeline and activity reporting in Salesforce and other required systems.
Qualifications
- Bachelor’s degree in Business, Finance, Accounting, or related field (or equivalent experience)
- 8+ years of Asset Based Lending or B2B sales and business development experience
- Proven track record of sales success and client relationship management
- Knowledge of treasury and other non-borrowing commercial banking products
- Reliable transportation and ability to lawfully drive
Requirements
- 10+ years of Asset Based Lending or B2B sales and business development experience (preferred)
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.
Job Requirements
- Bachelor’s degree in Business, Finance, Accounting, or related field (or equivalent experience)
- 8+ years of Asset Based Lending or B2B sales and business development experience
- Proven track record of sales success and client relationship management
- Knowledge of treasury and other non-borrowing commercial banking products
- Reliable transportation and ability to lawfully drive
- 10+ years of Asset Based Lending or B2B sales and business development experience (preferred)
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.