Job Listings

Business Development Officer – CA

Posted on: June 23, 2017

Los Angeles, California

A leading private asset-based lender specializing in extending credit to lower middle market companies in need of working capital. Deals will range in size and asset class, but the lender’s core focus is on receivables and inventory.

Position: Vice President

Responsibilities:

  • Originating, Structuring, Closing and Managing asset based loans

Business Development:

  • Actively participating in networking functions and events, business and community organizations to maintain high visibility in the market.
  • Cold calling to directly reach potential clients.
  • Identifying ABL opportunities and preparing internal screen memo outlining the transactions
  • Communicating with internal credit team to structure and propose on transactions
  • Presenting proposals to prospects.
  • Assisting both the lender and prospect in the closing process.

Relationship Management

  • Maintain close and consistent communication with the client.
  • Analyze client’s financials and monthly reporting package.
  • Communicate with internal collateral analysts on regular basis.
  • Report into the internal credit committee on client’s activity.
  • Focus on building customer relationship while monitoring lender’s risk.

Required Qualifications

  • Bachelor’s Degree
  • Excellent verbal, written, and interpersonal communication skills.
  • Excellent analytical skills to identify business opportunities
  • Demonstrates high ethical standards and personal integrity to build credibility and trust and to enhance the organization’s reputation in the lending community
  • Proficient understanding of GAAP; strong financial statement analysis skills.
  • Ability to interpret legal documents.
  • Strong organizational, multi-tasking, and prioritizing skills.
  • Proficiency in working with Microsoft Office Suite.
  • Extensive knowledge and understanding of asset based lending principles.
  • Will require extensive local travel and overnight travel.
  • Ability to work independently

For more information please contact newemployment17@outlook.com.