Commercial Finance - Business Development Officer

Oxford Bank • Auburn Hills, MI

8d

About The Position

A Business Development Officer is a sales position responsible for creating relationships with referral sources and businesses while promoting products and services provided by Oxford Commercial Finance.

Requirements

• Excellent written and verbal communication skills.
• High level of professionalism.
• Experience using Microsoft Office products.
• Demonstrated consistent and effective negotiation skills.
• General knowledge of asset-based lending or factoring products and services.
• Demonstrate knowledge of credit structures, along with understanding of current asset-based lending industry.
• Work well within a team environment and collaborate closely with internal partners to deliver customer solutions.
• Bachelors degree in accounting, finance or economics or equivalent work experience.
• Previous experience in asset-based lending, factoring or banking preferred.
• This position will comply with all BSA compliance laws and regulations including the Banks BSA policy and procedures.

Nice To Haves

• Previous experience in asset-based lending, factoring or banking preferred.

Responsibilities

• Grow and expand the Oxford Commercial Finance working capital portfolio by focusing on new businesses development.
• Build and maintain an external referral base and maintain a visible market presence to pursue new Oxford Commercial Finance relationships.
• Meet with business owners and referral sources to build strong relationships, identify needs, and recommend product solutions.
• Gather and analyze the required data necessary to determine the viability of a prospective client.
• Present the transaction on the weekly Pipeline calls and be able to intelligently talk discuss about the Companys business, challenges, and needs.
• Prepare loan proposals consistent with Oxford Commercial Finance credit policies.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level