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SVP, Business Development Officer

Company: PowerToFly
Location: Beverly Hills
Posted on: September 17, 2020

Job Description:

VP/SVP, Business Development Officer (Beverly Hills, CA) Overview Primary role of the New Business Development Officer ("BDO") is to develop new business for Pacific Western Bank (the "Bank"), Identifying opportunities for new deposit relationships, servicing the banking needs of existing BDO clients, and referring lending opportunities to the appropriate loan department. New business shall be defined as new relationships to the Bank with no previous customer relationship.

Responsibilities RESPONSIBILITIES:

Proactively reach out to businesses and individuals in the region that fit the Bank's customer profiles - be visible, attending industry relevant events and other functions in order to drive and identify opportunities

Understand the Bank's products and services. Be able to communicate the Banks products and process in a clear and concise manner to prospective clients. Work closely with the Operations department in opening new accounts and servicing existing accounts.

Become well versed in Bank policy and industry regulations involving the opening and maintenance of new accounts

Cross sell and promote Pacific Western Bank products and services

Develop and implement strategies to increase portfolio growth from current business customers

Create detailed proposals including account analysis performance and present to prospective clients

Qualifications POSITION REQUIREMENTS:

Outgoing and conversational individual, able to carry conversation in a professional manner

Proactive and energetic, always thinking of new ways to drive the business and identify new sources of opportunities

Experience in a similar role with a similar sized (or greater) publicly traded financial institution

Existing contacts and potential book of business - existing client relationships that may establish a new banking relationship with the Bank

Specific industry expertise with a proven track record of penetrating one or more specific industries (such as the H.O.A. business or comparable) to facilitate the organic growth of one's portfolio

Requires detailed knowledge of cash management services and depository products

Must be a self-starter and able to work independently

#LI-HJ1

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Keywords: PowerToFly, Beverly Hills , SVP, Business Development Officer, Other , Beverly Hills, California

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