Business Development Officer-Asset Based Lending

Company: Disability Solutions
Location: Milwaukee
Posted on: November 8, 2024

Job Description:

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.We invite you to view the opportunity below.The Business Development Officer (BDO) for Asset Based Lending (ABL) is responsible for initiating new business opportunities and expanding client relationships by developing key Centers of Influence (COIs), such as investment bankers, lawyers, and private equity sponsors. You will focus on generating and closing Asset Based Lending opportunities while working closely with internal partners to cross-sell bank products and services, including Commercial Deposits & Treasury Management, Capital Markets, and Private Banking.This person will also:

• Drive new business by developing relationships with COIs and highly motivated prospects, focusing on long-term, profitable opportunities.
• Ensure compliance with Associated Banc-Corp credit policies, procedures, and regulatory guidelines for all prospects.
• Collaborate with internal partners to cross-sell a full range of bank products and services to both existing and prospective clients.
• Analyze financial information and coordinate due diligence, legal documentation, and the loan closing process.
• Maintain detailed records of sales activities and networking relationships in Sales Force.The expected travel for this role will be around 25% of the time, including overnight stays.Review the qualifications listed below:Education
  • Bachelor's Degree or equivalent combination of education and experience in Business, Finance, Accounting or other applicable disciplines. RequiredExperience
    • 8-10 years Asset Based Lending or business-to-business sales and business development skills. Knowledge of non-borrowing products, past track record of sales and client management success. Required
    • 10-12 years Asset Based Lending or business-to-business sales and business development skills. Knowledge of non-borrowing products, past track record of sales and client management success. PreferredLicenses and Certifications
      • Must have access to reliable transportation and the ability to lawfully drive self, if applicable. by start date. PreferredIn addition to core traditional benefits, we take pride in offering benefits for every stage of life.
        • 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.Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X.Compliance StatementAssociated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the process.Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.Associated Bank is Pay Transparency compliant.

Keywords: Disability Solutions, Cicero , Business Development Officer-Asset Based Lending, Accounting, Auditing , Milwaukee, Illinois