ABL Business Development Officer - Chicago, IL at Valley Bank

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Jan, 26

Salary

0.0

Posted On

23 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Skills, Credit Skills, Analytical Skills, Strategic Thinking, Interpersonal Skills, Negotiation Skills, Business Concepts, Legal Concepts, Communication Skills, Self-Starter, Team Player, Presentation Skills

Industry

Banking

Description

Responsibilities include but not limited to: * Partners with coverage bankers to develop targeted prospecting lists, meet with clients and prospects to develop and sustain during relationships. * Drives dialog with clients on behalf of Valley National Business Capital at the C-suite level. * Provides advice and proposes compelling solutions and wins mandates. * Serves as Deal Captain who will lead the creation of pitch materials, screens opportunities, proposes appropriate structures, work alongside underwriting to green light transactions, drafts and negotiates term sheets with clients (interfacing with legal counsel), works with Underwriting partners to help shepherd internal approvals, negotiates legal documentation, and manages an efficient closing process. * Orchestrates productive marketing, sales, and business development strategies as well as new business pipeline and sales plans to meet budgeted objectives. * Continually monitor practices of competition and report findings to senior management as appropriate. * Develops strong partnerships with internal constituents including senior decision makers within the Independent Risk and respective markets' banker teams; maintains a high level of credibility with key stake holders. * Exhibits business and credit judgment to provide balanced assessments of transactions. Leverages strong credit skills to identify and mitigate key risks that could impact the transactions execution. * Provides coaching opportunities to junior resources. * Act as a consultant to Interna/External referral sources. * Actively participate in Trade Shows, Speaking Engagements, Networking Events, Study Groups and Associations. Ensures that the organization's activities are carried out in accordance with all regulatory, legal, and governmental regulations as well as internal policies and procedures. Qualifications Required Skills: * Strong financial, credit and analytical skills. * Strategic thinker, ability to assimilate complex information and make decisions with conviction. * Excellent interpersonal as well as negotiation skills. * Strong grasp of business and legal concepts and the risks associated therewith on asset-based financings. * Highly focused, able to clearly communicate issues. * Self-starter, high level of energy, enthusiasm, and motivation. Team player, able to facilitate strong partnerships. * Excellent presentation skills. Required Experience: * Bachelor's Degree * 10 years of experience originating and structuring asset-based facilities or 7 years or more current Valley commercial lending experience.

Responsibilities

The ABL Business Development Officer partners with coverage bankers to develop client relationships and drive discussions at the C-suite level. They lead the creation of pitch materials, negotiate term sheets, and manage the closing process while ensuring compliance with regulations.