Senior Business Development Manager - Asset Based Lending

CIBC Capital Markets

Chicago, IL, US
$200,000.00 - $260,000; incentive compensation pla...
Hybrid
Asset-based lending experience
Business development officer experience
Abl underwriting team collaboration
The CIBC US Asset-Based Lending is seeking a Business Development Manager (BDM) to identify, develop, and assist in closing of high-quality, asset-based lending transactions

Job Summary

  • The CIBC US Asset-Based Lending is seeking a Business Development Manager (BDM) to identify, develop, and assist in closing of high-quality, asset-based lending transactions.
  • The BDM will target clients includes middle-market, entrepreneur-led/privately-held companies, publicly-traded customers, and financially-sponsored businesses with financing needs generally in the $10MM to $75MM range.
  • CIBC offers a competitive total rewards package, including an expected salary range of $200,000.00 - $260,000, incentive compensation, and a full range of benefits.

Matching Summary

The CIBC US Asset-Based Lending is seeking a Business Development Manager (BDM) to identify, develop, and assist in closing of high-quality, asset-based lending transactions.

Salary

$200,000.00 - $260,000; Incentive compensation plan with discretionary bonus component; Medical, Dental, Vision, HSA, Life Insurance, Disability, Paid Time Off, Holidays, 401(k)

Skills & Requirements

Must-have

  • Asset-Based Lending experience
  • Business development officer experience
  • ABL Underwriting Team collaboration
  • Prospecting new ABL clients
  • Middle market direct calling

Nice-to-have

  • Relationship-oriented bank
  • Strategic advisor to clients
  • Develop profitable centers of influence
  • Partner well with commercial bankers
  • Express ambition through initiatives

Key Requirements

  • Minimum 10 years of ABL experience
  • Minimum 5 years successful business development experience
  • Bachelor's degree or higher
  • Deep referral source network
  • Basic Microsoft Office skills

Work Rights

Legally eligible to work

Tailored Resume

Cover Letter