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Business Development Officer I
First Bank - NJ Fairfield, NJ
$105k-141k (estimate)
Full Time | Banking Just Posted
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First Bank - NJ is Hiring a Business Development Officer I Near Fairfield, NJ

Position Summary:

Responsible for new Business Acquisition with a focus on bringing new business customers to the Bank through a variety of activities: direct calling, participation in various local organizations, attending networking events, generating referrals from existing customers and local centers of influence, and cross selling exiting customers. Prospective clients will be self-sourced. The BDO creates sales opportunities and collaborates/partners with Lending, Retail, and Cash Management team members to cross-sell appropriate business products and services that meet the client’s needs.

Position Goals

Referral goals will include deposit growth comprising a mix of non-interest bearing and interest-bearing deposits. Referral goal for new loan production will include a focus on new C&I relationships for the bank.

Duties & Responsibilities:

  • Achieve or exceed assigned sales goals and objectives.
  • Increase First Bank position and visibility Customer Orientation, Integrity and Outcome Orientation.
  • Partnering with Market Leadership to help with marketing efforts within the bank footprint.
  • Sales process including prospect prioritization, initial contact, pursuit strategy, identification of fit, and overall management of the onboarding process.
  • Partnering with Retail and Relationship Managers and other partners to ensure a smooth customer transition for ongoing management.
  • Identify cross-sell opportunities to deliver the full compliment of Bank products and services.
  • The vast majority of time (70% ) will be spent outside the office fully engaged in the Key sales activities.
  • Maintain confidentially in handling all client and bank information.
  • Assume additional responsibilities as needed and when called upon

Qualifications

  • Excellent verbal and written communication skills.
  • Strong Business Calling Skills.
  • Works well independently and as part of a group.
  • Extremely organized with great attention to detail.
  • Excellent ability to analyze information and present solutions.

First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ can apply to our company for employment opportunities.

Job Type: Full-time

Pay: From $106,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday

Education:

  • Bachelor's (Preferred)

Experience:

  • Sales Experience: 5 years (Preferred)
  • Business Calling: 5 years (Preferred)

Ability to Relocate:

  • Fairfield, NJ 07004: Relocate before starting work (Required)

Work Location: In person

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$105k-141k (estimate)

POST DATE

05/16/2024

EXPIRATION DATE

07/15/2024

WEBSITE

firstbanknj.com

HEADQUARTERS

ROBBINSVILLE, NJ

SIZE

100 - 200

FOUNDED

2007

CEO

RYAN K MANVILLE

REVENUE

$50M - $200M

INDUSTRY

Banking

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The following is the career advancement route for Business Development Officer I positions, which can be used as a reference in future career path planning. As a Business Development Officer I, it can be promoted into senior positions as a Business Development Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Business Development Officer I. You can explore the career advancement for a Business Development Officer I below and select your interested title to get hiring information.

If you are interested in becoming a Business Development Officer, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Business Development Officer for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Use the right business development methods.

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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.

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