Bank Loans Sales Jobs

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2mo ago

Asset Based Lending Senior Business Development Officer

Bank of America Chicago, IL

Chicago, IL

2mo ago Closed

$175k - $240k/yr Full time Account Management Asset-Backed Finance Asset-Based Lending

This position is no longer accepting applications (closed Jun 8, 2026).

Job Description

Asset Based Lending Senior Business Development Officer in Chicago, onsite, focused on sourcing new financing opportunities, guiding deal teams through analysis and execution of ABL transactions, and building external referral networks.

Responsibilities

Originates asset based lending facilities for companies with annual revenue of $50 million or more.
Develops and expands profitable client relationships through proactive outreach, prospecting, and strengthening existing accounts.
Interprets financial statements and cash flow analyses to evaluate company performance and industry dynamics.
Collaborates with internal bank partners to tailor asset based lending solutions for clients and prospects.
Leads strategic discussions with complex clients on industry trends, alternative capital structures, and business issues.
Mentors peers and demonstrates leadership during deal cycles.
Adapts to evolving sales practices and shifting market conditions as needed.

Requirements

Direct calling experience with CEOs, CFOs, and managing directors.
Five or more years of asset-based lending experience.
Strong oral, written, and analytical/credit skills.
Willingness to travel for in-person meetings.
FINRA Series 7 and 63 licenses; if not currently licensed, must obtain within 180 days of start date.

Skills

Business Development
Negotiation
Sales Strategy
Client Management
Influence
Networking
Referral Identification
Oral Communications
Referral Management
Written Communications

Required Skills

Direct calling experience with CEOs, CFOs, and MDs.
Five or more years of asset-based lending experience.
Strong oral, written, and analytical/credit capabilities.
Willingness to travel for in-person meetings.
FINRA Series 7 and 63 licenses, with completion within 180 days if not currently held.

Desired Skills

Completion of a bank credit training program.

Minimum Education

Bachelor's degree or equivalent professional experience.

Shift

1st shift (United States of America)

Hours Per Week

40 hours per week

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