Apple Bank · 22 hours ago
Capital Markets Business Development Officer
Iselin, NJ
Full-time
Onsite
Senior Level, Lead/Staff
$190K/yr - $200K/yr
10+ years expApple Bank is a financial institution seeking a Capital Markets Business Development Officer to support the Equipment Finance business within their Commercial Banking Division. The role involves developing and managing business opportunities, overseeing the approval process, and executing transactions while ensuring compliance with risk parameters and policies.
Financial ServicesFinTech
No H1B
Responsibilities
Build and maintain strategic partnerships with bank and non-bank financial institutions, as well as emerging business sources such as brokers and advisors
Initiate loans and leases in line with the Equipment Finance & Leasing Product Program and Newton JV investment criteria, while ensuring compliance with the Bank’s and JV’s risk appetite, policies, and procedures
Initiate loan and leases
Develop and maintain a pipeline of prospective lending opportunities
Foster and sustain strategic relationships with major banks and financial institutions
Submit proposed lending deals to the Greenlight Committee for review
Support the structuring, pricing, and underwriting processes for lease and loan transactions
Close and fund deals according to the agreed-upon terms and conditions
Syndicate transactions to manage EF and Newton exposures and generate fee income
Advise Business Development Officers on various product solutions, alternatives, and strategies to attract new clients
Keep abreast of developments and trends within the industry
Perform additional duties as assigned
Qualification
Required
Bachelor's degree in business or finance; master's degree a plus
10 + years of experience in corporate bank lending with extensive industry expertise, particularly within Equipment Finance
Demonstrated proficiency in financial structuring, advanced quantitative analysis, and exceptional leadership capabilities
In-depth knowledge of structuring equipment finance and leasing transactions
Comprehensive understanding of equipment finance and leasing accounting practices, including tax implications
Proven ability to negotiate effectively, influence stakeholders, and foster collaboration
Superior verbal and written communication skills
Exhibits a strong, long-term commitment to the institution's success
Some travel may be required
Company
Apple Bank
As the largest state-chartered savings bank in New York, with over $17.5B in assets, Apple Bank offers a full range of retail banking services to individuals and businesses across the five boroughs of New York City, Long Island, Westchester and Rockland counties, and New Jersey.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Debi Gupta
Senior Executive Vice President and Chief Technology Officer
Arthur Prusan
Executive Vice President & Chief Credit Risk Officer
Recent News
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