Business Banking Development Officer jobs in Rochester, MN
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
Relationship Manager, Business Banking
- Global Placement Firm
-
Rochester, MN
FULL_TIME
-
Position Summary
Excellent company looking add a Relationship Manager, Business Banking to their team!
GENERAL DESCRIPTION
Manage and maintain existing and develop new business relationships. Promote and market business loans and deposits. Cross sell other company products and services. Service existing loan portfolio and collect assigned past due business loans.
WORK DUTIES AND RESPONSIBILITIES
1. Take personal responsibility to actively listen to members, understand their needs, and take the initiative to help the member as your first priority. While a specific position may have little direct member contact, every position at company supports the member.
2. Fully comply with all information security procedures set forth by company in an effort to protect the members’ information.
3. Maintain knowledge of regulations appropriate for position (ex. Bank Secrecy Act, OFAC, etc.), and attend all training as it relates to job related regulations. Adhere to company security procedures and safeguard member information.
4. Develop new business by calling on prospects and existing business accounts to develop new and retain existing business relationships that will further promote additional utilization of company services.
5. Participate in community affairs such as the Chamber of Commerce, service clubs, etc. in order to increase Company’s visibility and to enhance new business opportunities.
6. Complete loan interviews for new requests.
7. Identify and collect necessary financial data and related information to support loan requests and prepare financial analysis and loan review of that information.
8. Review the credit request, make recommendations, approves loans within specified authority, or present requests to Business Lending Manager and/or Business Loan Committee when appropriate.
9. Establish and negotiate loan terms and structure with members, including fees, interest rate, repayment options, collateral, and other terms with in established guidelines or specified authorities.
10. Identifies problem loan accounts, establish appropriate loan service plans and work to rectify the issues or problems.
11. Collection of assigned past due loan accounts.
12. Advise members, where appropriate, concerning business management and financial management issues.
13. Participate in weekly or as needed business loan committee meetings to approve or deny new or renewed business loans.
14. Assist Consumer and Residential Real Estate Lenders in interpreting business borrowers’ financial data.
15. Serve as the contact for business members who are non-borrowing or utilizing other Company products other than Business Lending products.
16. Cooperates with Internal and External Auditors and State and Federal Examiners.
17. Assist Business Banking Sales Manager with any additional duties as assigned.
KNOWLEDGE AND SKILLS
Experience: Minimum 5 years’ of business lending experience.
Education: Bachelor’s Degree in Finance, Accounting, or Business Management/Administration desired.
Interpersonal Skills: A significant level of trust and diplomacy is required, in addition to normal courtesy and tact. Work involves extensive personal contact with others and is usually of a personal or sensitive nature. Work may involve motivating, influencing or training others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills: Displays a professional image that promotes all of Company’s Brand Principles and provides quality member service and staff support. Strong, effective interpersonal skills are required. Demonstrated sales experience necessary. Ability to work with mathematical concepts such as probability and statistics and ability to apply fundamental concepts such as fractions, percentages, ratios, and proportions to practical situations. Ability to read, understand, analyze, and interpret most complex documents. Reasoning ability, able to define problems, collect data, establish facts, and draw conclusions. Excellent oral and written communication skills are necessary. Must have the ability to prioritize, organize time, and work independently. Must be proficient in Microsoft Office products (Word, Excel, Outlook, PowerPoint, and Access) and various lending software packages. Knowledge of the La Crosse / Winona business community would be a plus.
Physical Requirements: Must be able to sit or stand for long periods of time. Occasional lifting, carrying, pushing, and pulling of items weighing up to 25 pounds.
Work Environment: Ability to handle stressful situations as they occur.
***Base Bonus***
***Full Benefits Package*** - 11 Days Ago
Relationship Banking Officer - Martin County
- PROFINIUM INC
-
Fairmont, MN
FULL_TIME
- DescriptionScopeYou are responsible for providing an AMAZING customer experience to Profinium customers. You help customers achieve their dreams & build lasting relationships. You will help the organi...
- 21 Days Ago
Business Development Manager
- Bühler
-
Owatonna, MN
FULL_TIME
- Introduction Sputtering Components Inc. (SCI) in Owatonna is a small business in southern Minnesota that has served customers all around the world for over 20 years. We are currently hiring for a high...
- 9 Days Ago
Business Development Manager
- Doherty Staffing Solutions Inc
-
OWATONNA, MN
FULL_TIME
- Business Development ManagerWould you like to be part of a woman-owned, Top Workplace that really treats their employees like family?Doherty Staffing Solutions has a career opening for a people-orient...
- 9 Days Ago
Business Development Representative
- Testsigma
-
Karnataka, MN
FULL_TIME
- Business Development RepresentativeTestsigma is built to make test automation effortless. We are a fast-growing, product-based startup backed by leading global Investors like Accel, STRIVE and Marquee...
- 10 Days Ago
Business Development Specialist
- SERVPRO of Chico / Lake Almanor
-
Albert Lea, MN
FULL_TIME
- SERVPRO of Austin & Albert Lea/Mason City is hiring a Business Development Specialist! Benefits SERVPRO of Austin & Albert Lea/Mason City offers: Competitive salary commission Superior benefits (Insur...
- 14 Days Ago
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0 Business Banking Development Officer jobs found in Rochester, MN area
Account Manager | Select-Service (26417)
- Dahl Consulting
-
St Cloud, MN
- Dahl Consulting is currently partnering with a leader in the insurance industry. We work one-on-one with great candidate...
- 4/18/2024 12:00:00 AM
Sales Manager
- J. Galt
-
Rochester, MN
- Position Summary: Our Sales Manager has managing partner responsibilities for a team of 5-25 Executive Consultants in ma...
- 4/18/2024 12:00:00 AM
Sales Consultant (NMC Exteriors)
- Apple Roofing
-
Rochester, MN
- Opportunities to make $150k+ with benefits, company trips, and vehicle options! Apple Roofing is seeking Roofing Consult...
- 4/18/2024 12:00:00 AM
Sales Professional
- RDO Equipment Co.
-
Rochester, MN
- This individual will develop long term partnerships with our customers to build win/win solutions within an assigned ter...
- 4/18/2024 12:00:00 AM
Independent Insurance Area/Regional Sales Director
- Advantage Group
-
Rochester, MN
- If you're Awesome, We Want You! Advantage Group is in search of a Leader, an Entrepreneur, an Innovator, a Game Changer ...
- 4/17/2024 12:00:00 AM
Sales Consultant (NMC Exteriors)
- Apple Roofing
-
Rochester, MN
- Opportunities to make $150k+ with benefits, company trips, and vehicle options! Apple Roofing is seeking Roofing Consult...
- 4/17/2024 12:00:00 AM
Account Executive
- Tradesmen International
-
Rochester, MN
- Since 1992, Tradesmen International has been the construction industry’s premier Construction Labor Support Company, hel...
- 4/17/2024 12:00:00 AM
Assistant VP of Ag/Commercial - Banking
- Hiring Now!
-
Rochester, MN
- Assistant Vice President of Agricultural/Commercial Business Development Southern Minnesota!Are you searching for a grea...
- 4/14/2024 12:00:00 AM
About Rochester, Minnesota
Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork in Southeast Minnesota. It is Minnesota's third-largest city and the largest city located outside the Minneapolis-St. Paul Metropolitan Statistical Area. As of 2015, the Rochester metropolitan area has a population of 215,884. According to the 2010 United States Census the city has a population of 106,769. The U.S. Census Bureau estimated that the 2017 population was 115,733. It is the home of the Mayo Clinic and an IBM facility, formerly one of t...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Business Banking Development Officer jobs
$72,576 to $93,920
Rochester, Minnesota area prices
were up 1.3% from a year ago
were up 1.3% from a year ago
What does a Business Banking Development Officer do?
Business Banking Development Officer in Rochester, MN
Builds, develops, and maintains profitable customer relationships by executing an insights sales approach aimed at identifying business practices/needs and recommending solutions that allow for achievement of financial goals and objectives.
February 19, 2020
Business Banking Development Officer in Jamestown, NY
This professional targets a market, usually of small to medium sized businesses, and then helps to the development manager to improve customer relations with these companies for mutual profit.
February 17, 2020
Business Banking Development Officer in Rapid City, SD
This position is a challenging one and most companies expect serious applicants to have a bachelor’s degree in a significant field; this could be in business administration, finance, or management.
February 10, 2020