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VP, National Franchise Lending - Quick Serve Restaurants Vertical (Remote)

In Illinois / United States

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VP, National Franchise Lending - Quick Serve Restaurants Vertical (Remote)   

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JOB TITLE:

VP, National Franchise Lending - Quick Serve Restaurants Vertical (Remote)

JOB TYPE:

JOB SKILLS:

JOB LOCATION:

Chicago Illinois / United States

JOB DESCRIPTION:

Essential Functions/Responsibilities• Origination volume expectations: $20-$30MM annually• Develops and maintains relationships within a national territory• Sources and qualifies leads• Supports other members of the team in executing the sales plan• Maintain periodic contact with franchisees in approved and targeted concepts (Tier 1 and Tier 2 Quick Serve Restaurants) within a national lending footprint• Source new business by obtaining referrals from existing clients and by contacting franchisees• Qualify prospects by first determining if the prospect is of size and represents opportunity to grow the relationship.• Determine if prospects meet or exceed minimum credit standards by reviewing a preliminary financial package and preparing a financial spread• Work directly with Credit & Underwriting teams to qualify deals & analyze creditworthiness of opportunities• Work directly with senior level VP’s to explore options to structure deals• Prepare financial package to present to Flagpole Committee & subsequent Term Sheet post initial vetting approval• Read industry periodicals and brand publications in order to understand and converse with clients of recent initiatives and noteworthy events• On occasion, attend trade shows, so some travel is required• Occasional responsibilities may include helping mentor, train and guide other lenders• Assist on special projects as neededRequirements:• 3-5 years of relevant sales experience within the Franchise Lending arena• Proficient in analyzing financial statements• Strong knowledge of financial reporting and organizational structures• Advanced sales skills and effective listening to understand the client’s needs• Strong interpersonal and communication skills• Bachelor’s Degree, preferably in Marketing, Finance, Business Administration or equivalent professional trainingBenefits:• Medical, Dental, Vision Insurance• Tax Savings Accounts (Limited Purpose FSA, Dependent Care FSA, HSA, & Transportation Expense Reimbursement Acct)• Basic Life & AD&D Insurance• Company Paid LTD Insurance• Critical Illness & Accidental Injury Insurance• Paid Parental Leave after 6 months• Tuition reimbursement up to $5250 after 6 months• Free Banking Products• Pension Plan—5% of eligible annual compensation—fully vested after 1000 hours of service• 401k• 22 Days PTO• 11 Paid Holidays• Community Service PTO• Adoption Credits

Position Details

POSTED:

May 19, 2022

EMPLOYMENT:

INDUSTRY:

SNAPRECRUIT ID:

S164796120763642

LOCATION:

Illinois / United States

CITY:

Chicago

Job Origin:

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A job sourcing event
In Dallas Fort Worth
Aug 19, 2017 9am-6pm
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VP, National Franchise Lending - Quick Serve Restaurants Vertical (Remote)    Apply

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Essential Functions/Responsibilities• Origination volume expectations: $20-$30MM annually• Develops and maintains relationships within a national territory• Sources and qualifies leads• Supports other members of the team in executing the sales plan• Maintain periodic contact with franchisees in approved and targeted concepts (Tier 1 and Tier 2 Quick Serve Restaurants) within a national lending footprint• Source new business by obtaining referrals from existing clients and by contacting franchisees• Qualify prospects by first determining if the prospect is of size and represents opportunity to grow the relationship.• Determine if prospects meet or exceed minimum credit standards by reviewing a preliminary financial package and preparing a financial spread• Work directly with Credit & Underwriting teams to qualify deals & analyze creditworthiness of opportunities• Work directly with senior level VP’s to explore options to structure deals• Prepare financial package to present to Flagpole Committee & subsequent Term Sheet post initial vetting approval• Read industry periodicals and brand publications in order to understand and converse with clients of recent initiatives and noteworthy events• On occasion, attend trade shows, so some travel is required• Occasional responsibilities may include helping mentor, train and guide other lenders• Assist on special projects as neededRequirements:• 3-5 years of relevant sales experience within the Franchise Lending arena• Proficient in analyzing financial statements• Strong knowledge of financial reporting and organizational structures• Advanced sales skills and effective listening to understand the client’s needs• Strong interpersonal and communication skills• Bachelor’s Degree, preferably in Marketing, Finance, Business Administration or equivalent professional trainingBenefits:• Medical, Dental, Vision Insurance• Tax Savings Accounts (Limited Purpose FSA, Dependent Care FSA, HSA, & Transportation Expense Reimbursement Acct)• Basic Life & AD&D Insurance• Company Paid LTD Insurance• Critical Illness & Accidental Injury Insurance• Paid Parental Leave after 6 months• Tuition reimbursement up to $5250 after 6 months• Free Banking Products• Pension Plan—5% of eligible annual compensation—fully vested after 1000 hours of service• 401k• 22 Days PTO• 11 Paid Holidays• Community Service PTO• Adoption Credits


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