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Introduction
Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates' potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Asia markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.
Overview
East West Bank is currently seeking a Business Development Officer. The Business Development Officer strategically collaborates with Commercial Lending Business Partners to execute sales strategies. Through robust external sales plans, the BDO is expected to expand customer base, to grow assets, loans and deposits, and to increase profitability by leveraging East West Bank's products and services.
Responsibilities
* Collaborates with RMs to develop and to implement customer centric strategic marketing plans and generating new business through cold calling, prospecting, networking, and referrals.
* Achieves quarterly/annual goals through business generation of C&I, CRE, Multifamily, Mortgages, Treasury Management, Deposit, Investment, international and other commercial and consumer products offered through East West Bank.
* Maintains and applies a thorough understanding of the bank's credit policy, client eligibility and all necessary business practices to ensure the submission of accurate and complete commercial and consumer loan packages.
* Assist RM and PM for financial spread and underwriting
* Actively participates in local and regional business functions
* Coordinates and assist RMs for new account opening through CAS Other Job Functions (duties that occur infrequently or on an inconsistent basis but are still important, e.g. specialized regulatory reports on an ad hoc basis)
* Perform other duties as assigned
Qualifications
* 3 years of banking experience
* 2 years of marketing or business development experience
* Strong attention to detail
* Must have strong oral and written communication skills
* Each team member must have knowledge of BSA/AML/OFAC Laws/Regulations, understand how these obligations relate to his/her role, and comply with these laws and regulations
#LI-AT1
Compensation
The base pay range for this position is USD $65,000.00/Yr. - USD $84,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.
Full Time
$97k-126k (estimate)
04/28/2024
05/11/2024
eastwestbank.com
PASADENA, CA
1,000 - 3,000
1973
Public
DOMINIC NG
$1B - $3B
Banking
East West Bank is a financial firm that provides deposits, loans, insurance planning and wealth management services for individuals and businesses
The following is the career advancement route for Business Development Officer positions, which can be used as a reference in future career path planning. As a Business Development Officer, it can be promoted into senior positions as a Business Development Manager, Sr. that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Officer. You can explore the career advancement for a Business Development Officer below and select your interested title to get hiring information.
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Quotes from people on Business Development Officer job description and responsibilities
Hire, train and guide the marketing and business development officer
03/30/2022: San Antonio, TX
Develop business proposals for new and existing customers.
01/27/2022: Appleton, WI
Business Development Officers create marketing and business plans to achieve company revenue goals.
03/18/2022: Pascagoula, MS
Use the right business development methods.
03/20/2022: Columbus, OH
A Business Developer will need to have strong research and strategic to product
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Business Development Officer jobs
Offer creative opportunities to connect with customers.
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Hire the right business development leader.
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Define the scope of the project.
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Create a work structure.
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Open the meeting with a positive round.
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Step 3: View the best colleges and universities for Business Development Officer.