Senior Business Development Manager - Asset Based Lending

CIBC Capital Markets

Chicago, IL, US
Base: $200,000.00 - $260,000; bonus/equity: incent...
Hybrid
Asset-based lending transactions
Develop new clients
Middle market prospects
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.
  • This position will further develop CIBC’s presence, by working in tandem with our current CIBC product offerings consisting of commercial banking, capital markets, wealth management, and commercial real estate.
  • 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, with further syndication capabilities in excess of $75MM.

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

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

Skills & Requirements

Must-have

  • Asset-based lending transactions
  • Develop new clients
  • Middle market prospects
  • Financial intermediaries/advisors
  • Relationship-focused team
  • Prospecting new ABL clients

Nice-to-have

  • Relationship-oriented bank
  • Empowered at work
  • Meaningful impact
  • Strategic advisor to clients
  • Collaborate with commercial bankers

Key Requirements

  • Minimum 10 years of ABL experience
  • Minimum 5 years business development officer experience
  • Bachelor's degree or higher
  • Deep referral source network
  • Extensive travel required

Work Rights

Legally eligible to work

Tailored Resume

Cover Letter