Director, Business Development Officer, Asset Based Lending

at  Bank of America

JOB DESCRIPTION

Bank of American Business Capital (“BABC”), the market leading provider of asset-based lending (“ABL”) solutions, is seeking a Business Development Officer (“BDO”) to deliver creative senior secured credit facilities to large corporate, middle market and lower middle market borrowers in support of their organic and/or M&A growth, recapitalizations and refinancing of existing debt.
The BDO’s role is to source new financing opportunities, and lead deal teams through the analysis, approval and execution phases of a transaction. The BDO should be capable of working on sole lender, club and widely syndicated ABL transactions. In addition to directly calling on prospective ABL clients, the BDO will have an external referral network comprised of private equity firms, investment banks, consultants, direct credit lenders, etc. The BDO will develop an internal referral network of relationship managers and credit product partners in Business Banking, Global Commercial Banking, Global Corporate and Investment Banking and others.
Importantly, the BDO should be a team player with strong relationship management skills in working with internal colleagues and Bank of America to prospective ABL clients and COIs.

REQUIRED SKILLS / QUALIFICATIONS

• Educated to degree level or equivalent experience
• Comfortable and experienced in Business Development activity with CEO, CFO and MD level clients
• Demonstrable experience in Asset Based Lending solutions
• Ability to operate as the product specialist for Asset Based Lending solutions
• Strong verbal, written and analytical/credit skills

Please refer the Job description for details