Senior ABL Business Development Officer - Southeast
- locations
- FL-Florida - Virtual
- NC-North Carolina - Virtual
- GA-Georgia - Virtual
- time type
- Full time
- posted on
- Posted 20 Days Ago
- time left to apply
- End Date: December 26, 2024 (1 day left to apply)
- job requisition id
- 2425133
We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.
At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC, please visit CIBC.com
The Asset-based Lending Senior Business Development Officer’s (ABL SR BDO) primary purpose is to identify, develop, and assist in closing of high-quality, asset-based lending transactions for CIBC. In addition, the ABL SR BDO will further develop CIBC’s presence in the Carolinas, Tennessee, Georgia, Alabama, and Florida, by working in tandem with our current CIBC product offerings consisting of commercial banking, capital markets, wealth management, and commercial real estate. The ABL SR BDO will continue our efforts as a relationship-focused team to deliver new clients to CIBC through calling on third party financial intermediaries/advisors, internal referral sources, direct calling to middle market prospects, and financial sponsors.
The target client includes middle-market, entrepreneur-led/privately-held companies, publicly-traded prospects, and financially-sponsored businesses with financing needs generally in the $10MM to $75MM range, with further syndication capabilities in excess of $75MM. The ABL BDO is expected to work closely with our ABL Underwriting team to assess new opportunities which ultimately lead to new clients of the Bank.
At CIBC, we offer a competitive total rewards package. This role has an expected salary range of $200,000.00 - $260,000.00 for the market based on experience, qualifications, and location of the position. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which may also include a discretionary bonus component. CIBC offers a full range of benefits and programs to meet our employee’s needs; including Medical, Dental, Vision, Health Savings Account, Life Insurance, Disability, and Other Insurance Plans, Paid Time Off (including Sick Leave, Parental Leave and Vacation), Holidays and 401(k), in addition to other special perks reserved for our team members.
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What CIBC Offers
At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.
We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com
You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.
We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.
Job Location
FL-Florida - VirtualEmployment Type
RegularWeekly Hours
40Skills
Analytical Thinking, Business Development, Client Prospecting, Client Service, Financial Advising, Middle Market Companies, Results-Oriented