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Business Acquisition Manager
Blue Foundry Bank Florham Park, NJ
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$142k-190k (estimate)
Full Time 3 Weeks Ago
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Blue Foundry Bank is Hiring a Business Acquisition Manager Near Florham Park, NJ

About Blue Foundry Bank

This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative, and fun. A Bank of movers, shakers, and makers...We are a Bank that Gets Things Done.

At Blue Foundry Bank we invest in the well-being of our most prized asset...our employees! We provide a robust array of programs and benefits to help employees advance their careers and enhance the quality of their lives. Our experiential learning and development program ensures employees are on track to grow their career as of day one.

In addition, our comprehensive compensation package includes; medical, dental, and vision coverage; life insurance, short- and long-term disability insurance; 401(k)/Roth with company match up to 5%; paid time off, and 11 paid holidays; employee referral bonus; and educational reimbursement.

Position Summary

The Business Acquisition Manager directly manages and oversees one or more branches and is accountable for sales activities, customer experience, operational integrity, branch efficiency, and employee management and development within the branch.

This position is responsible for developing long-lasting relationships with consumer and business customers as well as being accountable for customer satisfaction, deepening customer relationships, consumer and business acquisition, retention, and deposit growth objectives to identify and support the needs of our customers growth objectives.

In this role you will be responsible for one or more branches within reasonable distance of each other, with a book of business of $75MM or more and totaling five employees or more.

Primary Responsibilities

Manages Business Development, Customer Experience, Operational and Sales Activities

  • Dedicate 70% of the time to Business Development and Deposit Acquisition, and 30% to managing their assigned branch(s)
  • Builds new and expands existing customer relationships through a consultative approach that requires visiting customers to understand their business needs with an expected outcome of growing the deposit base of the branches, increasing product utilization and revenue within the market.
  • Accountable for meeting branch goals through effective pipeline management and use of effective customer profiling.
  • Works closely with staff to role model and lead branch team to foster a relationship centric service and sales culture.
  • Manages and enhances client relationships through coaching and mentoring staff.
  • Mentors staff in: Business Development, Cold Calling, Prospecting, and Lead Generation.
  • Directs a proactive approach to customer satisfaction and customer retention. Listens to and fully understands the internal and external customer's needs.
  • Manages the escalation of customer service problems and/or requests as appropriate, proactively seeks answers and/or provides solutions and follows-up to ensure customer needs have been met.
  • Leads monthly branch team meetings to discuss updates and industry trends and changes as daily huddles.
  • Communicates, reinforces, and monitors team behavioral standards.
  • Ensures follow-up activities are employed to maximize closing business.

Create an environment conducive to developing long lasting relationships with customers, business owners, and internal partners

  • Maximize customer satisfaction by delivering “5 Star Customer Service”.
  • Represent the bank through active involvement in a local community organization.
  • Host regularly scheduled events that include but are not limited to Bank at Work, Financial Literacy, and Product and Service Seminars.
  • Engage customers to deepen relationships, gauge customer satisfaction.
  • Have expert understanding of Bank’s consumer and business products and services.
  • Understand and listen to our customers and deliver appropriate consumer and business solutions.

Responsible for team development and branch management, as well as overseeing the operations of the branch to maximize efficiency

  • Oversees the overall operational effectiveness of the branch.
  • Has expert knowledge of Bank’s policy and procedures. Regularly communicates changes to branch staff and ensures staff understands and adheres to same.
  • Supervises all related training, Human Resource and Employee Relation issues.
  • Oversees the ABMs in ensuring operational functions of the branch are met including cash control, auditing, and compliance requirements.
  • Opens accounts in a platform environment.
  • Compliance with all Bank Secrecy Act Regulations; Customer Identification Program and know your customer requirements.
  • Oversees that the staff ensures the branch is opened and closed in compliance with procedures.
  • Scheduling of branch personnel to ensure adequate staffing for maximum customer service and daily operational functions.
  • Ensure the timely and accurate completion of various monthly audits, certifications, proofs, reconciliations, and other duties as assigned in accordance with policy.
  • factual and well documented employee performance appraisals.
  • knowledge and understanding of Human Resource policies as put forth by the Bank.
  • to perform all duties for all positions within the branch as necessary.
  • in other areas of the bank/branch as assigned.

Position Requirements

  • High school diploma or equivalent required; College degree preferred.
  • 5 years of retail banking experience required
  • Extensive knowledge of retail banking regulations and retail branch operations
  • Demonstrates effective sales/service behaviors
  • Must be mobile to meet the needs of the business, working flexible hours in various branch locations
  • May be required to work extended hours, including weekends
  • Strong leadership skills
  • Ability to speak to others with poise and confidence
  • Ability to explain procedures, both written and verbal

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.

Job Summary

JOB TYPE

Full Time

SALARY

$142k-190k (estimate)

POST DATE

04/19/2024

EXPIRATION DATE

05/20/2024

WEBSITE

bluefoundrybank.com

HEADQUARTERS

LAKE HIAWATHA, NJ

SIZE

100 - 200

FOUNDED

1939

CEO

ROBERT JACKSON

REVENUE

$50M - $200M

INDUSTRY

Banking

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About Blue Foundry Bank

Blue Foundry is a place where things are made, a bank that gets things done. Where purpose is formed, ideas are crafted, businesses are shaped, and dreams are melded. Its grit and heart. Mettle and style. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A bank for the movers, shakers and makers. With raw materials, Blue Foundry builds solutions, solves challenges and defies boundaries. Works all day and stays up all night. A new kind of bank.

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Blue Foundry Bank
Full Time
$50k-61k (estimate)
Just Posted
Blue Foundry Bank
Full Time
$51k-62k (estimate)
Just Posted
Blue Foundry Bank
Full Time
$51k-62k (estimate)
Just Posted

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