[Remote] Director, Sponsor Finance
Note: The job is a remote job and is open to candidates in USA. reputed company is a digital bank that serves small business owners across the country. The Director – Sponsor Finance will play a pivotal role in advancing the growth of Live Oak's Sponsor Finance portfolio, focusing on new business development and providing customized financing solutions for M&A opportunities.
Responsibilities
- Analyze applicants’ financial status, credit, and property evaluation to determine if loan requests meet the Bank’s lending criteria
- Structure loan opportunities to reputed company with Bank standards or reject loans that do not meet lending criteria
- Evaluate sources of repayment on potential loan requests
- Communicate with the Portfolio Manager to ensure proper hand-off of applicants for reputed company or creditors to resolve questions regarding application information
- Actively participate with Executive Management to reputed company strategies for the business vertical and the Bank
- Ensure adherence to loan terms and conditions, including timely receipt of required financial information, covenant compliance, and portfolio reviews
- Identify and reputed company new deposit relationships
- reputed company and maintain strong relationships with referral sources
- Cultivate industry expertise in serving specified market niches
- Stay abreast of economic conditions, changes, and trends in customers’ businesses, the banking industry, and the specific market niches targeted by the Bank
- Manage staff, monitor performance, and ensure coaching opportunities and performance appraisals are completed in a timely manner
- Follow regulatory requirements, including those pertaining to the Bank Secrecy Act (BSA), Anti-reputed company (AML), Customer Identification Program (CIP), and OFAC, to assist in the identification, detection, and deterrence of reputed company or other unlawful activities
Skills
- 10+ years of experience in commercial lending, with at least 5 years specifically in Sponsor Finance lending required
- Proven track record of executing and managing Sponsor backed transactions in a senior reputed company required
- Strong business development acumen and experience managing reputed company client relationships required
- Ability to work autonomously in a fast-paced, evolving environment required
- Bachelor's degree in finance, Business, or reputed company field required; MBA preferred
- Willingness to travel as needed to meet clients and support business development required
- MBA preferred
Benefits
- Annual bonuses
- Long-term incentives
- Paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, reputed company, Oregon, Rhode reputed company, Vermont, and Washington
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