Business Development Officer

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement. 

 

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Asia markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

Overview

East West Bank is currently seeking a Business Development Officer. The Business Development Officer strategically collaborates with Commercial Lending Business Partners to execute sales strategies. Through robust external sales plans, the BDO is expected to expand customer base, to grow assets, loans and deposits, and to increase profitability by leveraging East West Bank’s products and services.  

Responsibilities

• Collaborates with RMs to develop and to implement customer centric strategic marketing plans and generating new business through cold calling, prospecting, networking, and referrals.
• Achieves quarterly/annual goals through business generation of C&I, CRE, Multifamily, Mortgages, Treasury Management, Deposit, Investment, international and other commercial and consumer products offered through East West Bank.
• Maintains and applies a thorough understanding of the bank’s credit policy, client eligibility and all necessary business practices to ensure the submission of accurate and complete commercial and consumer loan packages.
• Assist RM and PM for financial spread and underwriting
• Actively participates in local and regional business functions
• Coordinates and assist RMs for new account opening through CAS Other Job Functions (duties that occur infrequently or on an inconsistent basis but are still important, e.g. specialized regulatory reports on an ad hoc basis)
• Perform other duties as assigned

Qualifications

• 3 years of banking experience
• 2 years of marketing or business development experience
• Strong attention to detail
• Must have strong oral and written communication skills
• Each team member must have knowledge of BSA/AML/OFAC Laws/Regulations, understand how these obligations relate to his/her role, and comply with these laws and regulations

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Compensation

The base pay range for this position is USD $68,000.00/Yr. - USD $84,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.