[Hiring] Director Business Development Officer - Capital Equipment Finance @First Citizens Bank

Role Description

This is a remote role that will only be hired in the following location(s): FL, GA, AL, MS.

First Citizens Bank - Capital Equipment Finance (CEF) provides equipment loans and leases for transactions ranging in size from $3 million to $100 million and more. We offer flexible structures and terms of up to eight years, with advance rates tailored to the collateral type, industry type, and the credit profile of the borrowers. The CEF business unit targets clients with credit profiles ranging from B to BB+, in general.

• Focus on directly originating transactions of $3MM to $100MM both for CEF's own account and in connection with syndication to other industry players.
• Cross sell other First Citizens bank products through internal referrals.
• Interface with C Suite level executives.
• Solicit and originate transactions with all types of equipment types and industries including; construction, manufacturing - discrete and process, automotive, energy, transportation, chemicals and plastics, inland marine.
• Act as deal advocate using strong credit skills in working with the underwriting team to facilitate transactions through closing.

Qualifications

• 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: BA Business or Economics.
• Understanding of all market deal structures.
• Direct origination of direct equipment finance and leasing transactions for companies with revenues greater than $75 million dollars.
• 8 years in an Equipment finance deal origination role with strong understanding of credit, collateral and structuring.
• Strong track record closing transactions and developing a new territory.
• Strong and respected reputation in industry with strong base of clients and contacts.
• Previous credit background and bank experience a plus.
• Understands the benefits of selling tax lease products.

Requirements

• If hired in Florida, Alabama, Georgia or Mississippi the base pay for this position is generally between $175,000.00 and $200,000.00. 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.

Benefits

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits .