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Business Development Officer

Company: Diverse Lynx
Location: Chicago
Posted on: November 26, 2022

Job Description:

Title: Business Development Officer
Location: Chicago, IL
Type: Permanent/Full-Time

Job description
Company provides senior secured lending solutions to support organic and acquisition growth, M&A, recapitalizations, turnarounds, DIPs, etc. for middle market and large corporate companies.
The BDO is responsible for generating new commercial finance clients. Engages in, as well as, supports Sr. Business Development Officers (BDOs) marketing and prospecting efforts targeting clients, prospects and referral sources within an assigned geographic region. Analyzes business performance and objectives and recommends financing solutions meeting clients needs. Assists team with the screening process on new opportunities including modeling, write-ups and general diligence work. Associates are capable of handling all but the most complex types of commercial finance transactions.
The BDOs role is to source new business opportunities, and lead deal teams that analyze relevant information, prepare required documents and close financing transactions. In addition to directly calling on prospective clients, the BDO will i) develop internal (i.e. GCB, GCIB and GIB) and external (i.e. accountants, consultants, direct credit providers, investment banks and private equity groups) referral source networks within their assigned markets, and ii) assist Senior BDOs in the region with the screening process on new opportunities. The BDO is required to travel visit prospects and referral sources.
The BDO should be a team player who works respectfully with company colleagues, as well as internal and external partners.

Required Skills

  • Strong oral and written communication skills.
  • 3+ years of experience in ABL Lending (preferable), Commercial Banking, Private Debt Lending, or Investment Banking.
  • Series 7 and 63 (if not currently licensed, must be achieved within 180 days of start date).

    Desired Skills

    • Current or previous calling business development experience in the mid-western US.
    • Completion of a bank credit training program
    • Undergraduate degree in accounting, finance, or related area are preferable, but not a requirement.

      Diverse Lynx LLC is an Equal Employment Opportunity employer. All qualified applicants will receive due consideration for employment without any discrimination. All applicants will be evaluated solely on the basis of their ability, competence and their proven capability to perform the functions outlined in the corresponding role. We promote and support a diverse workforce across all levels in the company.

Keywords: Diverse Lynx, Chicago , Business Development Officer, Accounting, Auditing , Chicago, Illinois

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