SVP, Business Development Officer, Asset Based Lending
Date ActiveDec 15, 2021 12:00:00 AM
Hours Per Week40
Location360 Lexington Ave-NY000
Job Description/ Requirements
Since 1935, Webster Bank has been helping individuals, families and businesses meet their financial goals. As a leading regional bank, Webster's strong foundation is built on our core values of responsibility, respect, teamwork, trust and commitment to our communities. Webster bankers remain our most valuable asset, and we pride ourselves on our diverse, equitable and inclusive work environment. Come join our team!
The Business Development Officer/Asset Base Originator will be responsible for generating new business assisting with the growth of our Asset-based lending footprint.
This position can be located in the Mid Atlantic or Midwest region of the U.S.
- Meet individual targeted marketing goals through origination and structure of potential Asset Based Lending transactions, and negotiation of these transactions for the purpose of proposal letter execution.
- Maintaining and adding to quality contact base (Sales Force)
- Assist underwriters in the closing process when needed Increase awareness of Webster in the market, which includes an aggressive calling effort and joining local business organizations
- Look for cross-sell opportunities
- Completing monthly reporting, contact data base and compliance.
EDUCATION, EXPERIENCE & SKILLS REQUIREMENTS
- Bachelor's Degree in finance, business, accounting, economics, or related field required, advanced degree a plus.
- Minimum 5 years of experience in credit structuring and cross selling required
- MUST have prior Asset Based Lending sales experience required
- Proven ability to develop and cultivate customer relationships.
- Excellent interpersonal, team building and communication skills.
- Understanding of regulations governing financial products/service.
- Demonstrated leadership ability
- Extensive contact database (network)
The estimated salary range for this position is $ 150,000 to $ 175,000. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.