About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
How This Role Impacts Live Oak and its People
The Senior Loan Officer - Asset-Based Lending (ABL), will play a pivotal role in advancing the growth of Live Oak’s ABL portfolio. The position will report to the Director of the ABL Group, and is a senior-level individual contributor position with a strong focus on new business development, structuring transactions, and partnering cross-functionally to scale the ABL function. This role will work closely with clients to understand their financial needs and provide customized financing solutions that leverage their assets.

What You’ll Do at Live Oak

• Drive ABL business development efforts, including sourcing, structuring, and executing complex asset-based lending transactions.
• Develop and grow a referral base comprised of professionals in Banks, Private Equity Firms, Investment Banks, other lenders, intermediaries, lawyers, turnaround consultants, and other professional groups.
• Responsible for initial relationship contact, face-to-face meetings, and follow-up to develop the relationship and win the deal.
• Create detailed proposals using meeting information, and financial and collateral analysis to provide an optimal solution to meet a prospect’s financing needs.
• Travel as necessary to meet referral sources, prospects and trade events which may include overnight or weekly stays.
• Work as a team to meet personal and group Annual Sales Goals and Objectives.
• Lead cross-functional collaboration with Credit, Legal, Operations, and Executive teams to ensure seamless deal execution and portfolio management.
• Ensure compliance with regulatory, risk, and internal policy frameworks.

How You’ll Do It

• Operate with strategic intent while maintaining hands-on execution in deal sourcing and structuring.
• Take initiative in identifying new business opportunities and driving them forward independently.
• Demonstrate strong financial and credit analysis skills, with the ability to evaluate complex financial structures.
• Foster internal alignment by clearly communicating business goals, credit rationale, and client impact.
• Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC.
• Represent the ABL business externally in industry forums and internally with cross-functional leadership.

Required and Preferred Experience

• 10+ years of experience in commercial lending, with at least 5 years specifically in asset-based lending required.
• Proven track record of executing and managing ABL transactions in a senior capacity required.
• Strong business development acumen and experience managing complex client relationships required.
• Ability to work autonomously in a fast-paced, evolving environment required.
• Bachelor’s degree in finance, Business, or related field required; MBA preferred.
• Willingness to travel as needed to meet clients and support business development required.

Our Values

• Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
• Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
• Respect: Treat everyone wi.th courtesy, politeness, and kindness.
• Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
• Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more

For a detailed overview of our employee benefits please visit:
http://www.liveoakbank.com/careers/
Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at
HumanResources@liveoak.bank
.
EEO is the Law
Commitment to Diversity
Live Oak Bank is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the business and are valued for their skills, experience, and unique perspectives. This commitment is embodied in company policy and the way we do business at Live Oak Bank and is an important principle of sound business management.
The base pay range for this position is $125,000.00 - $425,000.00 per year. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington

What You’ll Do at Live Oak

• Drive ABL business development efforts, including sourcing, structuring, and executing complex asset-based lending transactions.
• Develop and grow a referral base comprised of professionals in Banks, Private Equity Firms, Investment Banks, other lenders, intermediaries, lawyers, turnaround consultants, and other professional groups.
• Responsible for initial relationship contact, face-to-face meetings, and follow-up to develop the relationship and win the deal.
• Create detailed proposals using meeting information, and financial and collateral analysis to provide an optimal solution to meet a prospect’s financing needs.
• Travel as necessary to meet referral sources, prospects and trade events which may include overnight or weekly stays.
• Work as a team to meet personal and group Annual Sales Goals and Objectives.
• Lead cross-functional collaboration with Credit, Legal, Operations, and Executive teams to ensure seamless deal execution and portfolio management.
• Ensure compliance with regulatory, risk, and internal policy frameworks

How You’ll Do It

• Operate with strategic intent while maintaining hands-on execution in deal sourcing and structuring.
• Take initiative in identifying new business opportunities and driving them forward independently.
• Demonstrate strong financial and credit analysis skills, with the ability to evaluate complex financial structures.
• Foster internal alignment by clearly communicating business goals, credit rationale, and client impact.
• Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC.
• Represent the ABL business externally in industry forums and internally with cross-functional leadership