Director Business Dev Officer-Cap Equip Finance
Job Description
Overview:
FCBβs Capital Equipment Finance provides equipment loans and leases for transactions ranging in size from $3 million to $100 million and more. We offer flexible terms of up to eight years with advance rates tailored to the equipment and credit strength of the borrower.
Reporting to the Managing Director the Director of Business Development is responsible for originating equipment finance and leasing transactions directly with companies with revenues greater than $50 million dollars.
This is a remote role and can only be available in Texas Arkansas Louisiana and Oklahoma locations.
Responsibilities:
- Focus on directly originating transactions of $3MM to $100MM both for 'CEF's' own account and in connection with syndication to other industry players
- Interface with C Suite level executives
- Act as deal advocate using strong credit skills in working with the underwriting team to facilitate transactions through closing.
- Solicit and origination transactions with all types of equipment types and industries including; construction manufacturing - discrete and process automotive energy transportation chemicals and plastics inland marine.
- Cross sell other First Citizens bank products through internal referrals
- Works closely with local FCB Bankers within assigned territory
- Required
- Bachelor's Degree and 8 years of experience in Direct origination of transactions ranging from $3MM to $100MM OR High School Diploma or GED and 12 years of experience in Direct origination of transactions ranging from $3MM to $100MM
- Preferred
- Bachelorβs degree in business or economics
- Direct origination of equipment finance and leasing transactions for companies with revenues greater than $75MM.
- Strong sales skills and strong credit skills are vital to being successful in this role
- Strong and respected reputation in industry with strong base of clients and contacts
- Previous credit background and bank experience
- Understanding of all market deal structures
- Understanding of the benefits of selling tax lease products
- Strong partnership and collaboration skills required
The base pay for this position is generally between $165000 and $175000. Actual starting base pay will be determined based on skills experience location and other non-discriminatory factors permitted by law. For some roles total compensation may also include variable incentives bonuses benefits and/or other awards as outlined in the offer of employment.
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program with customized offerings including those designed to support families however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits
Date Posted
06/04/2024
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