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Asset Based Lending - Business Development Officer

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U.S. Bank National Association

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Location:
United States , Chicago

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Category:

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Contract Type:
Not provided

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Salary:

159970.00 - 188200.00 USD / Year

Job Description:

Reporting to the ABL Regional Sales ABL Sales & Originations Leader, this role is responsible for asset-based loan origination, providing ABL product support to the bank’s Institutional Client Group and peer product partners.

Job Responsibility:

  • Developing prospective customers both directly and in conjunction with bank partners
  • Preliminary prospect analysis including structuring and pricing transactions opposite the perceived credit risk
  • Prepare memorandum to obtain senior management approval to issue proposals
  • Proposal preparation and presentation to prospective client
  • Develop and maintain center of influence referral sources such as accountants, attorneys, equity and mezzanine sources, peer banks, and affiliates
  • Collaborating with bank’s underwriting team to close loans. Tasks including but are not limited to supporting the preparation of the credit approval memorandum, loan documentation and client onboarding

Requirements:

  • Bachelor’s or master’s degree in finance, accounting or related field
  • 10-15 years of experience in asset-based lending with strong people leader, communication, risk management, and organizational skills
  • Strong asset-based credit skillset coupled with a solution orientated approach that mitigates the bank’s risks
  • Strong client-facing experience at the C-suite level leading to account growth and relationship depth
  • Strong understanding of clients’ working capital needs and experience partnering with cross-functional sales and enablement teams to deliver holistic client solutions
  • Deep knowledge of working capital products and solutions and related ancillary solutions anchored in asset-based lending
  • Proven ability to build partnerships across lines of business and enable functions to drive sales transformation and identify revenue growth opportunities
  • Ability to travel as required
  • Proficient in Salesforce, MS Excel, MS Word and MS PowerPoint
What we offer:
  • Healthcare (medical, dental, vision)
  • Basic term and optional term life insurance
  • Short-term and long-term disability
  • Pregnancy disability and parental leave
  • 401(k) and employer-funded retirement plan
  • Paid vacation (from two to five weeks depending on salary grade and tenure)
  • Up to 11 paid holiday opportunities
  • Adoption assistance
  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Additional Information:

Job Posted:
February 20, 2026

Expiration:
March 28, 2026

Employment Type:
Fulltime
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