What are the responsibilities and job description for the Business Development Officer position at CFBank?
Job Details
Join our growing team as a Business Development Officer. The Commercial Business Development Officer is a proactive sales and business development position that reports through the Commercial line of business. This position is responsible for proactive calling and prospecting for business to grow and expand the Banks market presence and regional customer base, with an emphasis on winning full relationships, with an emphasis on deposits. Business development officers build strong relationships with other internal teams and lines of business to deliver the full complement of CFBank products and services that can help customers meet their financial needs. This high-visibility position works alongside Senior Leadership and is a great opportunity for someone who is looking to advance their career.
Major Areas of Responsibility and Essential Functions
Major areas of responsibility and essential functions include, but are not limited to:
- Identify, acquire, and grow new relationships with clients and business owners, focusing on businesses with revenues up to ten million Commercial loan origination limits may vary based on experience level, with larger credit needs requiring partnership with (or referral to) a commercial lender.
- Act as the face of CFBank to enhance market presence, prospecting for new business through direct calling and building centers of influence, demonstrating a genuine interest in prospective and new customers, and asking questions to understand their business operations, financial priorities and objectives.
- Maintain a strong proactive outbound approach to educate and acquire new customers for CFBank, winning and expanding to gain full banking relationships. Regular outbound activities include making calls, visiting local businesses, and participating in networking activities (e.g., involvement in community organizations through committees or board assignments to expand their network of contacts and COIs).
- Refer business opportunities to other business partners within the organization as appropriate including but not limited to Retail Banking, Mortgage Lending, and Commercial credit needs that are beyond the prescribed loan origination limit.
- Assist with onboarding new customers through necessary internal documentation requirements; partnership with Commercial Operations and Credit as needed to facilitate loan closing; with Retail to fulfill deposit account opening needs; and with TM support partners to fulfill TM service onboarding needs.
- Adhere to all regulations, policies, and record-keeping requirements.
- Complete all required training related to bank regulations and policies.
- Accept additional tasks and projects as requested to add value for CFBank.
