Business Development Officer - Asset Based Lending

Associated Banc Corp
US - New Jersey - Newark
January 22, 2025

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 SalesForce.

The expected travel for this role will be around 25% of the time, including overnight stays. Preference would be for candidate to be located in Philadelphia, Boston, New York or New Jersey.

Review the qualifications listed below:

Education

Bachelor's Degree or equivalent combination of education and experience in Business, Finance, Accounting or other applicable disciplines. Required

Experience

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. Preferred

Licenses and Certifications

Must have access to reliable transportation and the ability to lawfully drive self, if applicable. by start date. Required

In 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-focusedColleague Resource Groups.
Competitive salaries with professional development and advancement opportunities.
Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.
Personal banking, loan, investmentand 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 onFacebook,LinkedInandX.

Compliance Statement

Associated 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 ***if you need an accommodation at any time during the process.

Associated Banc-Corp is an Affirmative Action andEqual Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

$151,060.00 - $258,960.00

Read the full job description and apply online on the recuiter's web-site

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