Asset Lending Senior Business Development Officer - San Diego or Newport

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.

We value the unique perspectives individuals bring from all backgrounds and career paths – whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impacting the communities we serve.

Bank of America is committed to an in‑office culture that supports collaboration, engagement, and career development. Our approach includes clear in‑office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Bank of American Business Capital ("BABC"), the market leading provider of asset‑based lending ("ABL") solutions, is seeking a Senior 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. Based in either Atlanta, Charlotte or Metro DC, the BDO will cover prospective ABL clients and COIs in the Mid‑Atlantic Region and the Carolinas.

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, and others.

The BDO will also develop an internal referral network of relationship managers and credit product partners in Business Banking, Global Commercial Banking, Global Corporate and Investment Banking and other lines of business.

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.

• Originates new asset‑based lending credit facilities for companies $50MM+ in revenue
• Acquires profitable client relationships through sales, prospecting, and enhancing existing relationships
• Understands and interprets financial and cash‑flow statements to assess and analyze financial conditions of companies and industry trends
• Collaborates with internal bank partners to deliver asset‑based lending solutions to clients and prospects
• Leads and facilitates dialogue with complex clients and prospects on topics such as the industry, alternative capital structures, and general business issues
• Coaches and mentors peers, while utilizing leadership skills
• Adapts to changes in sales practices and broader market and industry conditions as needed

• Direct calling experience at the CEO, CFO and MD level
• Five+ years of experience in ABL Lending
• Strong oral, written and analytical/credit skills
• Ability to travel for in‑person meetings
• FINRA 7, 63 licenses (if not currently licensed, must be completed within 180 days of start date)

• Completion of a bank credit training program

• Business Development
• Negotiation
• Sales Strategy
• Client Management
• Influence
• Networking
• Referral Identification
• Oral Communications
• Referral Management
• Written…