Sales Jobs in Madison, NY

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1mo ago

Senior Business Development Manager - Asset Based Lending

CIBC Madison, NY

Madison, NY

1mo ago Closed

$200k - $260k/yr Full time Manager Asset-Backed Finance Asset-Based Lending

This position is no longer accepting applications (closed Jun 14, 2026).

Job Description

CIBC US Asset-Based Lending seeks a Senior Business Development Manager to identify, develop, and close asset-based lending transactions and drive new client acquisition through intermediaries, direct outreach, and sponsorship channels.

Job Details

Location: Madison, NY (hybrid)
Salary: USD 200,000 - 260,000 per year
Experience: Minimum 10 years
Education: Bachelor's degree or higher

Responsibilities

Identify, develop, and assist in closing high quality asset-based lending transactions for CIBC US ABL.
Expand CIBC presence by aligning with existing offerings across commercial banking, capital markets, wealth management, and commercial real estate.
Maintain a relationship-focused approach to bring in new clients via third-party intermediaries/advisors, internal referrals, direct outreach to middle-market prospects, and financial sponsors.
Target middle-market, entrepreneur-led or privately-held companies, publicly traded customers, and financially sponsored businesses with financing needs typically in the 10MM to 75MM range, with syndication capabilities beyond 75MM.
Collaborate closely with the ABL Underwriting Team to evaluate opportunities and convert them into new banking clients.

Requirements

Bachelor’s degree or higher.
Minimum 10 years of asset-based lending experience.
At least 5 years as a business development officer for a commercial or ABL lender with a focus on quality centers of influence.
Deep understanding of the asset-based lending industry, market structures, and competition (bank and non-bank).
Established referral source network with a track record of consistent calling.
Proficiency in Microsoft Office; familiarity with online prospecting tools (RelPro, Salesforce, Pitchbook, Loan Connector, etc).
Self-starter capable of working from home with appropriate office space; strong verbal, interpersonal, and written communication skills.
Willingness to travel extensively according to the marketing plan.

Technologies

RelPro
Salesforce
Pitchbook
Loan Connector
Microsoft Office

Benefits

Competitive total rewards package including salary and incentive pay
Medical, dental, vision, health savings account, life insurance, disability, and other insurance plans
Paid time off including sick leave, parental leave, vacation, holidays, and 401(k)
MomentMakers recognition program
Purpose Day paid day off dedicated for growth and development
Wellbeing support and other team member perks

What You Need to Know

CIBC is committed to an inclusive environment with accessible candidate experience; accommodation requests should be directed to the provided contact.
Legal eligibility to work at the stated location; valid work or study permit as applicable.
Applicants may be asked to complete attribute-based assessments and skills tests as part of the process.

What CIBC Offers

Competitive salary, incentive pay, and banking benefits; comprehensive benefits program; vacation, wellbeing support, and MomentMakers recognition
A collaborative environment with a modern tech toolkit to deliver client solutions
A culture that supports growth through initiatives like Purpose Day, a paid day off for development
Terms and conditions apply to plans and programs

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