Sr Account Executive - Equipment Finance

Northwest Bank; Independence Township (OH); On-site; USD 90,000 - 140,000; Full time

Job summary

Northwest Bank in the United States seeks an experienced equipment finance origination professional to build new relationships with middle-market companies and manage existing bank relationships.

You will originate deals ranging from $3M to $30M (typical $5–$10M), travel to customer sites, present terms, and structure financing using Excel and CRM while coordinating with leadership and credit for approvals.

Qualifications

• 5+ years equipment finance origination experience.
• Travel to customer sites required.
• Bachelor's degree in Business, Finance, or related.

Responsibilities

• Identify and develop new equipment finance opportunities with private and public middle-market companies.
• Present Northwest's products, rates and terms to prospects in person or via meetings.
• Close equipment financing transactions and achieve volume quotas.
• Maintain ongoing customer relationships and monitor market dynamics.
• Structure, design, and propose viable finance solutions.
• Utilize Excel and CRM to manage deals and pipeline.
• Collaborate with internal teams to ensure compliant financing.
• Travel to client sites as needed.

Skills

Prospecting

Relationship building

Deal closing

Communication

Education

Bachelor's degree in Business/Finance or related

Tools

Excel

CRM

Microsoft Office

Job description

IN0534 Fishers, OH0523 Independence Bus Office, PA0728 Pittsburgh Business Office

Job Description

This role will be responsible for creating new equipment finance relationships and maintaining existing bank relationships. New business is developed through direct sales origination with generally middle market companies, both private and publicly traded, in the areas of manufacturing, distribution/warehouse, construction, aviation, trucking, marine, equipment lease houses, etc. Transaction sizes range from $3 million to $30 million. Larger transactions will require syndication strategy. The average transaction size is $5 - $10 million.

Product offerings include traditional loans, guidance lines of credit, progress payment, capital/finance leases.

Essential Functions

• Initiate and identify new business opportunities which may include existing customers as well as rigorous prospecting for new clients through cold calls, COI and in-person presentations

• Arrange personal meetings with prospects to explain Northwest's products, rates and terms of finance agreements

• Achieve and exceed volume quota by effectively targeting, qualifying and closing equipment financing transactions on a direct deal basis. Brokered transactions are not preferred.

• Use industry insight, analytical skills, product knowledge and communication skills to identify, develop, activate and maintain customer relationships

• Structure, design, propose and close viable finance transactions

• Manage customer relationships on an on-going basis by monitoring and being proactive with respect to changing dynamics of both market conditions and competition

• Effective communication attributes to communicate deal structure and customer to leadership and credit.

• Knowledge of Excel and effective use of a CRM

• Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

• Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency

• Work as part of a team and effectively add to a performance culture

• Work with on-site equipment

Education + Experience preferred

• Bachelor's degree in Business, Finance, or related
• 5+ years of equipment finance origination experience
• Ability to travel to customer sites

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Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.