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Equipment Finance - Business Development Officer in Boston at Huntington

Date Posted: 8/29/2018

Job Snapshot

Job Description

Huntington Equipment Finance ("HEF") is a full-service equipment finance subsidiary of The Huntington National Bank, serving the equipment needs of upper middle market to large-sized businesses within the footprint. HEF has the capability to provide a full array of equipment financing solutions to its customers, including term loans, capital leases, operating leases, tax leases and synthetic leases. HEF is an integral part of Huntington's commercial banking business, and has been recognized as one of the fastest growing equipment finance companies in the nation.

The primary objectives of this role are to generate equipment financing transactions, and to assist in the development of new relationships with good long-term growth potential and attractive profitability. This individual must deeply know, understand and articulate HEF's core business value proposition and succeed through developing strong trusted advisor relationships with their customers.

This role is responsible for the complete Sales process of identifying opportunities, developing, structuring and closing equipment financing opportunities, and achieving/exceeding annual production targets.

Process: Sales prospecting, opportunity identification, proposal generation, negotiation and closing of financing agreements, and liaising with HEF credit/operations/asset management/legal functions to close business in a timely and profitable manner.


  • Responsible for identifying, developing, structuring and closing equipment finance opportunities that are originated through direct-calling efforts, as well as internal bank partners, and achieving the assigned financial objectives focusing on the customers in the upper middle market and large corporate market segment;
  • Engage with C-level decisions makers.
  • Responsible for growing HEF's business presence and market share in the designated market, and within HEF's targeted segments;
  • Deliver timely, cost-effective and compelling lease proposals and finance solutions uniquely structured for financing transactions for all clients;
  • Engage with all functional departments in HEF (Credit, Asset Management, Operations, Legal, Pricing, Syndications) to ensure appropriate responses for all lease proposals issued.
  • Assume full sales cycle responsibility including (but not limited to) business development and prospecting, managing existing and prospective client relationships, structuring of transactions in-line with product offerings, residual and pricing guidelines, utilize credit philosophy and review customer financial statements, collection of appropriate information relating to customers & lease transactions, including packaging for syndication, pricing of transaction to meet business objectives, close transactions plus maintenance of the client management system;
  • Travel as necessary to meet with prospective clients and to various trade shows;
  • Interface with other HEF and Huntington business units to expand overall Key relationship with clients and refer opportunities;
  • Develop and maintain relationships with long-term industry leaders
  • Pursue targeted opportunities rigorously and with a high degree of urgency, and ensure that all prospecting activity is maintained in internal CRM system;
  • Deeply understand prospects' business and industry
  • Prepare custom proposals based upon client meetings and obtain customer commitment to these proposals.
  • Initiate and conduct meetings with both internal and external clients as may be required to facilitate new engagements.

Basic Qualifications

  • Bachelor's Degree in Business, Marketing, Finance or related field.
  • 3 to 5 years minimum of successful consultative Business Development or Sales experience in the equipment finance industry.

Preferred Qualifications

  • This position can be filled at a higher level depending on the candidate
  • Broad understanding of, and experience in, the equipment finance industry.
  • Expertise in working in a "fast growth" business segment.
  • Very strong interpersonal communication skills, complemented by both excellent verbal and written communication.
  • Expert presentation and public speaking skills.
  • Strong relationship management and negotiation skills.
  • Strong organizational skills and detail orientation, as well as analytical skills.
  • Demonstrated complex contact negotiation/creation skills.
  • Ability to work remotely and independently
  • Ability to influence and drive complex initiatives and manage logistics with internal stakeholders
  • Ability to travel within assigned territory as required
  • Ability to analyze/understand leading technologies and companies
  • Demonstrated ability to win relationships
Opportunities available throughout the United States
EEO/AA Employer/Minority/Female/Disability/Veteran/Sexual Orientation/Gender Identity Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details. Huntington does not accept solicitation from Third Party Recruiters for any position.


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