Director, Sponsor Finance

Live Oak Bank; Brasil; Teletrabalho; BRL 663.000 - 2.256.000; Tempo integral

Resumo da oferta

A digital bank serving small businesses is seeking a Director – Sponsor Finance to lead the growth of its Sponsor Finance portfolio. The ideal candidate will have over 10 years of commercial lending experience, particularly in Sponsor Finance, and a strong track record in business development. This role involves analyzing financial statuses, structuring loans, and cultivating industry expertise. Competitive pay and benefits included.

Serviços

Annual bonuses

Long-term incentives

Paid sick leave

Qualificações

• 10+ years of experience in commercial lending, with at least 5 years in Sponsor Finance lending.
• Proven track record of managing Sponsor backed transactions.
• Willingness to travel to meet clients.

Responsabilidades

• Analyze applicants’ financial status to evaluate loan requests.
• Structure loan opportunities to meet Bank standards.
• Develop new deposit relationships and manage staff.

Conhecimentos

Commercial lending experience

Business development acumen

Client relationship management

Ability to work autonomously

Formação académica

Bachelor’s degree in finance, Business, or related field

MBA preferred

Descrição da oferta de emprego

Overview

Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.

Role impact

The Director – Sponsor Finance will play a pivotal role in advancing the growth of Live Oak's Sponsor Finance portfolio. The position will report to the Managing Director of the Sponsor Finance Group, and is a senior-level individual contributor position with a strong focus on new business development, structuring transactions, and partnering cross-functionally to scale the Sponsor Finance function. This role will work closely with clients to understand their financial needs and provide customized financing solutions for their M&A opportunities.

What You’ll Do at Live Oak

• Analyze applicants’ financial status, credit, and property evaluation to determine if loan requests meet the Bank’s lending criteria.

• Structure loan opportunities to comply 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 underwriting or creditors to resolve questions regarding application information.

• Actively participate with Executive Management to develop 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 develop new deposit relationships.

• Develop 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-Money Laundering (AML), Customer Identification Program (CIP), and OFAC, to assist in the identification, detection, and deterrence of money laundering or other unlawful activities.

Required and Preferred Experience

• 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 capacity required.

• Strong business development acumen and experience managing complex client relationships required.

• Ability to work autonomously in a fast-paced, evolving environment required.

• Bachelor’s degree in finance, Business, or related field required; MBA preferred.

• Willingness to travel as needed to meet clients and support business development required.

Our Values

• Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.

• Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.

• Respect: Treat everyone with courtesy, politeness, and kindness.

• Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.

• Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more.

Benefits and Compliance

For a detailed overview of our employee benefits please visit: liveoakbank.com/careers/

Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [e-mail].

EEO is the Law

The base pay range for this position is $125,000.00 - $425,000.00 per year. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.

Please note that we provide at least the minimum requirement of 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, New York, Oregon, Rhode Island, Vermont, and Washington.