Job Description: Company Overview At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities, and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description Bank of America Business Capital ("BABC"), the market-leading provider of asset-based lending ("ABL") solutions, is seeking a Business Development Officer ("BDO") to deliver creative senior secured credit facilities to large corporate, middle market, and lower middle market borrowers in support of their organic and/or M&A growth, recapitalizations, and refinancing of existing debt.
The BDO's role is to source new financing opportunities and lead deal teams through the analysis, approval, and execution phases of a transaction. The BDO should be capable of working on sole lender, club, and widely syndicated ABL transactions. In addition to directly calling on prospective ABL clients, the BDO will have an external referral network comprised of private equity firms, investment banks, consultants, direct credit lenders, etc. The BDO will develop an internal referral network of relationship managers and credit product partners in Business Banking, Global Commercial Banking, Global Corporate and Investment Banking, and others.
Importantly, the BDO should be a team player with strong relationship management skills in working with internal colleagues and Bank of America to prospective ABL clients and COIs.
Required Skills / Qualifications Educated to degree level or equivalent experienceComfortable and experienced in Business Development activity with CEO, CFO, and MD level clientsDemonstrable experience in Asset Based Lending solutionsAbility to operate as the product specialist for Asset Based Lending solutionsStrong verbal, written, and analytical/credit skillsBank of America Good conduct and sound judgment is crucial to our long-term success. It's important that all employees in the organization understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mindset are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer and ensure that no applicant is subject to less favorable treatment on the grounds of gender, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, color, nationality, ethnic or national origins, membership of the Traveller community, age, sexual orientation, pregnancy or maternity, civil status, socio-economic background, family status, or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications, and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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