Bank of America Sr. Business Development Officer – Bank of America Business Capital – New York in New York, New York
Sr. Business Development Officer - Bank of America Business Capital – New York
Asset Based Lending - Sr. Business Development Officer
Bank of American Business Capital (BABC) is seeking a Senior Business Development Officer (BDO). BABC is a market-lending asset based lending group and is a unit of the Global Commercial Bank. BABC provides secured lending solutions for re-capitalization, growth situations, mergers and acquisitions, turn-around situations, DIPs, etc. for middle market and large corporate clients.
Responsible for generating a meaningful volume of new commercial finance clients. Develops referral sources within East Coast geographic region; analyzes prospective clients and ascertains the extent of the servicing packages required. Associates are capable of handling the most complex types of commercial finance transactions. Ability to originate and execute large and core middle market transactions is a plus.
The role of the BDO is to identify, develop and close new business opportunities. In addition to direct calling on companies, the BDO will develop external sources to ensure complete coverage of their assigned market area, including investment bankers, consultants, accounting firms and private equity groups. The role also leverages the Bank of America franchise by developing internal referral sources within the Corporate and Investment Banking channels and other bank product areas. Travel is required to visit prospects and referral sources (20% or less). This position will be filled as Business Development Officer or a Senior Business Development Officer commensurate with experience, skill set and referral network.
Must have direct calling experience at the CEO, CFO and MD level.
Five to seven years related industry experience in Investment Banking, Commercial Banking or Asset Based Lending are required.\
Degree in Finance, Business or related area is required. MBA is desirable.
Posting Date : 01/06/2017
Location : US-NY-New York
Travel : Yes, 10% of the time
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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