Business Banking Development Officer jobs in New Jersey
Business Banking Development Officer develops banking strategies in order to sell products and services to prospective clients in the business community. Responsible for engaging with prospects and helping to close deals. Being a Business Banking Development Officer is responsible for developing, analyzing, and evaluating sales strategies and maintaining and expanding referral sources. Accountable for relatively smaller or less complex businesses objectives. Additionally, Business Banking Development Officer requires a bachelor's degree. Typically reports to a manager. The Business Banking Development Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Business Banking Development Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Business Banking Development Officer jobs
SBA Business Development Officer
- ConnectOne Bank
-
Englewood, NJ
FULL_TIME
-
Job Type
Full-time
Description
About us:
ConnectOne Bank proves that putting people first is a better way to do business. At ConnectOne, we’re builders — of businesses, communities, and equity. Most importantly, we’re building opportunities. Our mission is to ensure our employees feel empowered to make important decisions, reach their potential and truly make an impact.
ConnectOne is a growth organization by design; it is part of our DNA and we take pride in seeing our employees grow with us. Founded in 2005 by an entrepreneur, we have grown into a high-performing commercial bank, inspiring a new model for our industry’s future. By embracing technology and all the ways it can help us become a world-class service organization, we support small business owners by fueling their mission.
People First is the blueprint for our culture. It is at the foundation of everything we do and the decisions we make. At ConnectOne, you have the opportunity to be a part of a dynamic culture and team. Develop your forward-thinking skills, thrive in an entrepreneurial setting, and succeed at “a better place to be”.
ConnectOne Bank is an Equal Housing and Equal Opportunity Lender, and a member of the Federal Deposit Insurance Corporation.
About this role:
The primary responsibility of the SBA Business Development Officer (BDO) is the origination of SBA 7a, SBA 504 and USDA B&I loans consistent with Bank policy and program guidelines. The BDO will Source SBA 7a, SBA 504 and USDA B&I loans through their respective COI’s and referral sources while benefiting from the Bank’s broader marketing initiatives. Full time employees classified as SBA Business Development Officers are eligible to participate in the SBA Business Development Officer (BDO) Compensation Plan.
In this role you will:- Support the Bank’s “People First” focus and rules of engagement—maintaining a professional demeanor, working as an active member of the CNOB team, providing all clients excellent service, always striving to make CNOB “A Better Place to Be”.
- Originate SBA 7a, SBA 504 and USDA loans consistent with Bank policy and SBA Standard Operating Procedure (SOP) or USDA guidelines.
- Work closely with the SBA team’s analysts, loan packagers and closers to ensure a seamless and efficient process.
- Pre-screen leads for SBA eligibility and general creditworthiness per CNOB loan policy and SBA SOP.
- Use sound judgment and to keep the Bank's best interest in mind when making decisions. Decisions should be well supported by facts and Borrower representations should be supported by proper documentation and due diligence. Specific areas of focus should include, but are not limited to, SBA loan eligibility, SBA loan structure, creditworthiness, character assessment, and loan documentation.
- Negotiate terms acceptable to the client and to CNOB.
- Maintain transaction pipeline.
- Communicate effectively with internal stakeholders, attorneys and third-party vendors.
- Strong “People First” interest and ability.
- Financial Analysis/Cash Flow Lending.
- Knowledge of SBA Standard Operating Procedure.
- Consultative selling.
- Knowledge of Bank security and safety practices.
- Knowledge of relevant Federal and State banking regulations.
- Formal Bank Credit Training.
- 3-5 years of commercial lending experience.
Benefits:- World class health, vision, and dental benefits on day one
- 401k with employer match
- Hybrid work from home (depending on role)
- Employee appreciation events (team building, softball games, food truck days, etc..)
- Employee assistance programs (EAP)
- Wellness programs (flu shot, preventive care, health programs and services discounts, etc..)
- Tuition reimbursement
- Employee Discount perks
- CNOB Community Service Events
Studies have shown that individuals from underrepresented groups, may only apply to roles if they meet 100% of the qualifications. Roles evolve over time, especially with innovation, and you may be just the person we need. We hope you're open to learning new skills and growing with us. We encourage you to apply to continue making us “a better place to be!”
ConnectOne Bank is an equal opportunity employer and does not discriminate with respect to any term, condition or privilege of employment based on race, color, religion, sex, sexual orientation, gender identity or expression, age, disability, military or veteran status, marital status, or status of an individual in any group or class protected by applicable federal, state, or local law.
ConnectOne Bank also provides reasonable accommodations for qualified individuals with disabilities in accordance with the
Americans with Disabilities Act and applicable state and local laws. If an accommodation is needed to participate in the job application or interview process, please contact Talent Acquisition. - 6 Days Ago
Business Development Officer
- Unity Bank
-
Clinton, NJ
FULL_TIME
- Position SummaryThis role is responsible for providing advice and valuable financial solutions to complex Business Banking clients and prospects. Key responsibilities of the role include serving as th...
- 6 Days Ago
VP Business Development Officer
- FinTrust Connect
-
Essex, NJ
FULL_TIME
- For more Job Opportunities follow FINTRUST CONNECT here: FinTrust Connect: Jobs | LinkedInVP Retail Business Development Officer -West Caldwell, NJFinTrust Connect is excited to announce that we have ...
- Just Posted
Business Development Officer
- First Atlantic Federal Credit Union
-
Eatontown, NJ
FULL_TIME
- Would you like to join a growing, member-owned, not-for-profit financial institution that is one of the Best of the Best in Monmouth County per the Asbury Park Press Readers' Choice Awards? We have re...
- 1 Month Ago
Business Development Officer
- United Teletech Financial Federal Credit Union
-
Falls, NJ
FULL_TIME
- Job Summary:We are seeking a dynamic and experienced Business Development Officer to join our team. The ideal candidate will be responsible for driving membership growth through SEG (Select Employer G...
- 18 Days Ago
Business Development Officer I
- First Bank - NJ
-
Fairfield, NJ
FULL_TIME
- 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 or...
- 27 Days Ago
Business Banking Development Officer jobs at Popular Companies
Business Development Representative
- Professional Case Management
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Oak Ridge, TN
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BUSINESS DEVELOPMENT REP
- UHS
-
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Business Development Rep
- Xactly byGTE
-
Golden, CO
- Restoration and Mitigation company is looking for a Business Development Representative to join their team! As a Busines...
- 6/8/2024 12:00:00 AM
Business Development Representative
- Cencora
-
Hoofddorp, NH
- Our team members are at the heart of everything we do. At Cencora, we are united in our responsibility to create healthi...
- 6/3/2024 12:00:00 AM
Business Development Representative
- ADP
-
Allentown, PA
- ADP is hiring a Business Development Representative. Ready to control your financial future while achieving the work-lif...
- 5/18/2024 12:00:00 AM
Business Development Representative
- ADP
-
Tucson, AZ
- ADP is hiring a Business Development Representative. Ready to control your financial future while achieving the work-lif...
- 5/18/2024 12:00:00 AM
Business Development Representative
- ADP
-
Coraopolis, PA
- ADP is hiring a Business Development Representative. Ready to control your financial future while achieving the work-lif...
- 5/18/2024 12:00:00 AM
Business Development Representative
- Arrow Electronics, Inc.
-
Machelen, Flemish Brabant
- Position: Business Development Representative Job Description: WHO WE ARE: Arrow Enterprise Computing Solutions (ECS), a...
- 5/15/2024 12:00:00 AM
About New Jersey
New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newark Bay, and the Arthur Kill); on the east by the Atlantic Ocean; on the southwest by Delaware across Delaware Bay; and on the west by Pennsylvania across the Delaware River.
New Jersey is often broadly divided into three geographic regions: North Jersey, Central Jersey, and South Jersey. Some New Jersey residents do not consider Central Jersey a region in its own right, but others believe it is a separate geographic and cultural area from the Nor...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Business Banking Development Officer jobs
$79,672 to $103,103
Most Popular Cities in New Jersey for Business Banking Development Officer Jobs
What does a Business Banking Development Officer do?
Business Banking Development Officer in Madison, WI
This position will be filled as Business Development Officer or a Senior Business Development Officer commensurate with experience, skill set and referral network.
January 10, 2020
Business Banking Development Officer in Duluth, MN
The role of the BDO is to identify, develop and close new business opportunities.
December 03, 2019
Business Banking Development Officer in Bridgeport, CT
Maintain exceptional knowledge on various banking and loan products and associate policies and procedures.
December 30, 2019