Senior Business Development Officer - Asset Based Finance

Flagstar Bank; Beverly Hills (CA); On-site; USD 154,000 - 238,000; Full time

Job summary

Flagstar Bank is seeking a Senior Asset Based Finance Business Development Officer in Beverly Hills, CA to originate new ABL clients and develop relationships that yield future business. The role involves identifying opportunities both externally and internally within the bank, and guiding new loans through credit approval while building the franchise value of Flagstar.

You will also cross-sell bank products and maintain regulatory compliance while traveling 5–10 trips per year across the United

Qualifications

• 8+ years in Asset Based Lending, including experience as a BDO, underwriter, or portfolio manager.
• Bachelor’s degree preferred in Accounting, Finance, Economics or related field.
• Bank Credit Training or Field Exam experience preferred.

Responsibilities

• Identify and originate new ABL opportunities from external sources (direct, intermediaries, equity sponsors).
• Cultivate internal referrals from RM’s, Private Bank, Equipment finance, Sponsor, Healthcare and other industries.
• Guide new business through internal credit approval and documentation processes.
• Attend conferences and events to build franchise value for the bank.
• Cross-sell bank products including deposits, banking products and capital markets fees.

Skills

Asset Based Lending

Written communication

Stakeholder communication

Financial analysis

Relationship building

Cross-functional collaboration

Education

Bachelor’s degree in Accounting or Finance

Tools

Moody’s Risk Analyst Spread System

Job description

Position Title Senior Business Development Officer - Asset Based Finance Location Beverly Hills, CA 90212

Job Summary

The Senior Asset Based Finance Business Development Officer originates new asset-based clients. Develops relationships (both internally and externally) that yield new clients in the future.

Job Responsibilities

• Search and find new ABL opportunities from external sources (direct, intermediary, equity sponsors).
• Search and find new ABL opportunities from internal sources within the Bank (RM’s, Private Bank, Equipment finance, Sponsor, Healthcare and other specialized industries).
• Process and lead new business through internal credit approval process and documentation.
• Build franchise value for the bank by attending conferences and events.
• Help cross-sell bank products including deposits, banking products and capital markets fees.
• Uses independent judgement and discretion to make early “first look” credit decisions.
• Analyzes and resolves problems pertaining to process and structure of new ABL loans.
• May be responsible for talent management functions including: staff development/training, ADDITIONAL ACCOUNTABILITIES performs special projects, and additional duties and responsibilities as required.
• Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings.
• Accountable to maintain compliance with applicable federal, state and local laws and regulations.

Travel requirements, 5-10 trips within the US per year.

Physical demands (ADA): No unusual physical exertion is involved.

Required Qualifications

• Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent, Bachelor’s degree preferred in Accounting, Finance, Economics.
• Minimum experience required: 8+ Years in Asset Based Lending including 2+ years as a Business Development Officer, an underwriter or portfolio manager.

Preferred Qualifications

• Education level preferred: Undergraduate Degree (4 years or equivalent) in Accounting, Finance, Economics or equivalent work experience if applicable.
• Bank Credit Training or Field Exam experience.

Job Competencies

• Asset Based Lending.
• Requires strong written communication and analytical skills.
• Ability to communicate effectively with prospects, intermediaries and other internal and external stakeholders.
• Ability to evaluate financial and collateral trends Moody’s Risk Analyst Spread System or similar spreading tools.
• Demonstrates a strong ability to build and maintain effective relationships with internal stakeholders by communicating clearly, engaging in proactive collaboration, and leveraging cross functional insights.
• Aligns relationship building efforts with enterprise goals to accelerate performance and drive strategic results.
• Builds trusted client relationships, whether internal or external, by identifying needs and delivering tailored solutions to enhance the overall client experience.
• Fosters or supports a positive work culture and productive work environment, displaying importance of effective relationships with customers and stakeholders.

Flagstar is an Equal Opportunity Employer

We are committed to providing clear and accurate compensation information in accordance with applicable laws. Actual starting base pay will be determined based on location, experience, and other non-discriminatory factors permitted by law. Total compensation may also include variable incentives, bonuses, commissions, or other awards as outlined in the offer of employment.

Flagstar provides teammates access to a variety of benefits including medical, dental, vision, life, and disability insurance, as well as a comprehensive leave program.

Pay Range $153,924.00 - $238,360.00

Benefits | Flagstar Bank

Flagstar Bank, N.A. is based in Hicksville, NY, and at December 31, 2025, had $87.5 billion in assets, $60.7 billion in loans, $66 billion in deposits, and $8.1 billion in total stockholder equity. We are a leading regional bank with approximately 340 locations, and strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast. We are driven by our commitment to partner with our clients to set and reach goals together, helping them to take charge and thrive. Our focus is on four core lines of business that include Personal, Private, Small Business and Corporate & Commercial Banking.

Equal Opportunity Employer For more Information: EEOC_KnowYourRights Member FDIC/Equal Housing Lender

Flagstar Bank is committed to ensuring that you can successfully engage in our recruiting process. If you need assistance completing your employment application or if you would like to request a reasonable accommodation, please contact our team at [e-mail].