Director Business Dev Officer-Cap Equip Finance - (Remote) OH
First Citizens Bank
Columbus, Ohio(remote)
This is a remote role that will only be hired in the following location(s): OH, ND, SD, NE, KS, MN, WI, MI, IA, MO, IN
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.
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
- Cross sell other First Citizens bank products through internal referrals
- Interface with C Suite level executives
- 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.
- Act as deal advocate using strong credit skills in working with the underwriting team to facilitate transactions through closing.
- Strong sales skills, negotation skills and credit skills are vital to being successful in this role. Focus on originating transactions of $3MM to $100MM both for First Citizens Bank and 60-First's own account and in connection with syndication to other industry players, Cross sell other FCB products, Interface with C Suite level executives, Solicit and origination transactions with all types of equipment types and industries including; construction, manufacturing, automotive, energy, trucking, chemicals and plastics, inland marine., Act as deal advocate using strong credit skills in working with the underwriting team to facilitate transactions through closing,
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 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
- Originating transactions with all types of equipment types and industries including; construction, manufacturing - discrete and process, automotive, energy, transportation, chemicals and plastics, inland marine.
- 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
If hired in the Ohio or Illinois 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.
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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.
About the Company
First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. As the largest family-controlled bank in the United States, First Citizens is continuing a unique legacy of strength, stability, and long-term thinking that has spanned generations. Founded in 1898 and headquartered in Raleigh, N.C., First Citizens also operates a nationwide direct bank and a network over 550 branches in 22 states. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. First Citizens Bank brings together personal service and powerful tools to help customers do more with their money – and make more of their future.
Looking for a career with CIT? CIT is now a division of First Citizens Bank.
First Citizens Bank. Forever First®