Retail VP Business Development Officer -Edgewater, NJ
Business Development Officer -Edgewater, NJ
FinTrust Connect has partnered with a community-focused banking institution to identify a driven and relationship-oriented Business Development Officer (BDO). This role focuses on developing high-value commercial deposit and lending relationships through strategic networking and industry engagement.
Why this opportunity?
- Culture: Collaborative, growth-oriented environment with strong community engagement
- Workplace: Hybrid in Edgewater, NJ
- Function: Build and grow profitable commercial banking relationships through centers of influence and strategic industry targeting
Requirements:
- Minimum 5 years in a Business Banking or Business Development Officer role at a commercial bank
- Bachelor's degree or equivalent experience; formal small business credit training is a plus
- Strong knowledge of commercial banking products including deposits, lending, and cash management
- Proven experience sourcing business through networking and COIs
- Proficiency with Microsoft Office suite (Word, Excel, PowerPoint)
Description:
- Cultivate and manage relationships with Centers of Influence (COIs) to source commercial deposit, lending, and cash management opportunities
- Focus on deposit rich industries and companies with revenues exceeding $5 million
- Coordinate closely with Retail Management, Business Bankers, and Lending teams
- Gather, prepare, and present comprehensive loan packages for underwriting
- Cross-sell a full suite of commercial banking products and services
- Track business development activity and provide regular reporting
- Participate in community events and internal sales meetings to drive business development efforts
- Stay current on market conditions, products, and competitive activity
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