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BankWest - South Dakota
Mitchell, SD | Full Time
$74k-96k (estimate)
1 Week Ago
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Healthcare Services Group
Mitchell, SD | Full Time
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2 Months Ago
Business Development Officer
$74k-96k (estimate)
Full Time 1 Week Ago
Save

BankWest - South Dakota is Hiring a Business Development Officer Near Mitchell, SD

Scope of Job This purpose of this position is to provide a development opportunity for Bankers new to Commercial, Agricultural, and Construction Lending. This position may also provide an opportunity for experienced lenders managing a smaller or less complex loan portfolio.
Accountable for the management of outstanding credit relationships with existing loan customers of the Bank; and to proactively seek out and establish new borrowing relationships. Work to identify and align new and existing loan customers with additional Enterprise products and services. Responsible to perform all related work responsibilities consistent with the Loan Policy, procedures, and compliance requirements of the Bank.
Primary DutiesAccountable for the management of a funded loan portfolio size between $5,000,000 and $20,000,000; comprised of less complex credits and Commercial, Agriculture, or Construction loans.
Responsible to handle all aspects of outstanding Business, Construction, and Agricultural credits for existing loan customers. Includes: monitoring of customer financial strength and performance through research, analysis, and inspection.
Gather, prepare, and analyze supporting financial and credit documentation as required by Bank Policy and procedures. Responsible for the timely receipt of financial statements, tax returns, and fulfillment of tickler items.
Responsible for the proper development and execution of required loan and collateral documentation according to loan type and structure. Accountable to close and document funding instructions for new and renewed loan transactions.
Responsible to review and decision overdraft payments for existing customers. Accountable for the loan payment performance and collection activities for outstanding credit of existing customers.
Utilize Customer Relationship Management (CRM) tools to retain existing customers; actively prospect and develop new lending relationships. Align borrowers with other Business and Consumer Banking products and services.
Proactively prospect and refer other Trust, Brokerage, and Insurance products and services to new and existing Loan customers.
Work with support resources including the Credit Analyst Team, Business Banking Assistant, and Credit Lending Officer to structure, analyze, and document loan packages and credit recommendations.
Actively gather and apply information related to the current economic environment including farming, ranching, commodity prices, and business community; incorporating that knowledge into the underwriting process.
Secondary Duties Act in a leadership capacity, providing relevant expertise and counsel; actively supporting work and employee development activities of the Bank.
Work as a team with departmental counterparts on planning and implementing assigned projects and products.
Participate on various committees and project teams as deemed appropriate by management.
Attend, actively participate in organization, job specific training offered, and Quality Service programs.
Adhere to all applicable Policies and Procedures of BankWest organization.
Community involvement is strongly encouraged.
Other duties as assigned.
RequirementsEducation: A Bachelor's Degree in a related field.
Applicable experience and/or related certifications may be considered in lieu of degree.
Experience: Bank trainee or intern experience.
2 years' experience in related field.
Work experience or family background in Agriculture, Ranching, or Small Business.
Knowledge And Special SkillsExcellent credit/financial analytical skills.
Ability to work dependently and/or independently, under pressure, meet deadlines, and adjust work schedules as needed to complete job responsibilities.
Ability to organize and handle multiple responsibilities while delivering quality external and/or internal Customer Service.
Strong interpersonal skills to ensure effective communication with external and/or internal customers.
Knowledge or ability to learn regulatory requirements pertinent to performance of specified duties in job description.
Knowledge of banking terminology and procedures.
Ability to skillfully use a variety of application software, learn computer programs, and comprehend the program output.
Adhere to Federal Privacy Standards in addition to following BankWest requirements for electronic communication and Social Engineering standards.
BankWest is a "Sales Organization" and all employees are expected to participate directly or indirectly with increasing BankWest's presence in their markets as appropriate.

Job Summary

JOB TYPE

Full Time

SALARY

$74k-96k (estimate)

POST DATE

05/24/2024

EXPIRATION DATE

06/15/2024

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The job skills required for Business Development Officer include Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Business Development Officer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Business Development Officer. Select any job title you are interested in and start to search job requirements.

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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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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.

Quotes from people on Business Development Officer job description and responsibilities

Hire, train and guide the marketing and business development officer

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Develop business proposals for new and existing customers.

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Business Development Officers create marketing and business plans to achieve company revenue goals.

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Use the right business development methods.

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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.

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