Managing Director, Asset Based Lending

Are you highly motivated, detailed oriented and passionate about preparing for your career?

Then we are looking for someone just like YOU to join our team!We look for people who can dream, think, create and grow.

Our culture thrives on embracing and rewarding imagination and is characterized by an unwavering commitment to high achievement.

We pride ourselves on sharing ideas, diversity of thought and embracing dedicated, talented and driven individuals who value honesty, integrity and go above and beyond.

As we continue to grow we need YOU to meet our demands for success.Why Us?We have developed and executed differentiated strategies that are helping us thrive in a rapidly changing industry.There is no shortage of talent
– we work hard to make Sterling an employer of choice.None of the bureaucracy found in larger banks
– open door policy with all executives.One Dream, One Team, One Purpose, One CultureOur Single Point of Contact model ensures every client and colleague feels valued and knows who to reach out to for specific guidance.

Our purpose is to use the power of banking to move our company forward.

We believe in a fair, ethical, and sustainable future-one where everyone thrives on a compliant and level playing field.We are a results-driven culture, with a keen focus on collaboration acceleration.

We work hard, We win as a team, and We honor the diversity of skills brought by the collective.What’s in it for YOUWe aim to help you figure out exactly where you see yourself in our business.

Whatever your passion, we will support you in getting the skills necessary to make your mark.Execute a comprehensive new business development plan targeted to Asset-Based Lending opportunities.

Responsible for contributing to the team’s growth and profitability with extensive focus on new clients, developing referral sources and deepening of existing relationships through client cross sell activities.

Focus on evaluating/structuring prospective asset-based and term loan transactions within established SNB credit risk parameters.Embrace and deliver Sterling National Bank Brand Values and Core Competencies in everyday interaction.

Exhibit ethical behavior and integrity in everyday business conduct.* Develop and implement a comprehensive marketing/selling program targeted to asset-based lending opportunities.

Develop/maintain extensive network of business contacts, community leaders, executive management clients, prospect opportunities and referral sources, in order to generate revenue.* Maximize team profitability through the maintenance of high quality loan portfolio; responsible for relationship review and overall relationship profitability.* Support Team Leader/Senior Managing Director with growing/retaining relationship for targeted client group by coordinating and supporting all aspects of relationship; ensure appropriate resources are dedicated to facilitate successful outcome.* Develop and deliver effective proposals for presentation to existing and potential clients.* Exercise credit judgment consistent with the department goals; monitor and evaluate credit worthiness of clients.* Lead team interaction with operations and product group; plan and manage implementation process of new products with client to ensure smooth transition.* Responsible for negotiating loans according to established guidelines.* Ensure compliance with all regulations, policies, and procedures.Who We Want* For this position, you must have at least 8 years of experience managing banking relationships in Asset Based Lending.* Candidates with advanced degrees (Associates, Bachelor’s, and/or Master’s) preferred, yet a High School diploma or GED is required.

Candidates with some combination of coursework and experience, or else extensive related professional experience, are eligible for consideration.* Ability to build and expand trusting relationships and partnerships.* Knowledge of banking regulations, lending policies, procedures and techniques and well demonstrated understanding of loan risk factors a plus.* Knowledge of credit and financial analysis techniques and accounting is a plus.* Exceptional business development skills.At Sterling National Bank, we rely on diversity of culture and thought to deliver on our goals.

To ensure this we seek talented, qualified people for all of our career opportunities, regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, veteran status, or any other protected classification under federal, state and/or local laws.

Sterling National Bank is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.All Applicants must be eligible to work in the U.S.

without company sponsorship, now or in the future, for employment-based work authorization.

H1-B and green card sponsorship is not available for any position and we will not consider F-1 visa holders with Optional Practical Training (OPT) who will require H-1B status, TNs, or current H-1B visa holders for employment opportunities.All offers for employment with Sterling National Bank are contingent on successful completion of background investigation, including drug and fingerprint screening.

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