Business Banking Development Officer jobs in Illinois
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
Commercial Banking Officer Development Program Banker Track
- Hickory Point Bank
-
Decatur, IL
FULL_TIME
-
We're developing the next generation of leaders.
The Credit Analyst is the first position in Hickory Point Bank & Trust's (the "Bank") Commercial Banking Officer Development Program, which is a comprehensive multi-year experience where new bankers will learn and apply financial statement analysis, credit underwriting, industry research, loan administration, relationship development, project management, and leadership skills to position them for a successful and rewarding career in commercial banking.
As a Credit Analyst, the candidate will learn skills necessary to transition into the Commercial Banking Associate ("CBA") position, which handles commercial banking relationships without designated lending authority. The CBA works closely with more experienced lenders to serve customers and to develop his or her knowledge of loan documentation and credit administration. The CBA also works with Cash Management Officers and personnel from other divisions to acquire a comprehensive understanding of the products and services offered by the bank.
Essential Job Duties
The Credit Analyst is expected to spread financial statements; prepare Extended Ratio, Cash Flow, and Collateral Analyses; prepare the quarterly M-Track monitoring reports; prepare credit approval documents; and assist with special projects and research as assigned.
Duties
After approximately 1-2 years, the Credit Analyst would be expected to understand how to appropriately assess and structure loan requests, have a comprehensive knowledge of the bank's commercial loan and related policies, and would be able to transition to a CBA and will be responsible for carrying out the following duties, with oversight from more experienced bankers:- Managing and administering a portfolio of loans; also serving as a central point of contact for lending customers' cash management and other banking needs
- Handling loan requests, taking loan applications and interfacing with the customer/applicant to facilitate a complete loan application
- Performing (with the assistance of the Credit Department, as appropriate) preliminary analyses of loan requests and recommending an appropriate response (i.e. approval, decline, counter-proposal, etc.) for bank management's consideration; discussing the credit decision with the applicant/customer
- Developing new business by calling on businesses, accountants, attorneys, and other centers of influence in the community
- Maintaining excellent credit quality through careful monitoring of existing loans, tracking receipt of timely financial information, and verifying compliance with financial covenants; monitoring loan grades based on customer financial performance as well as industry and other considerations
- Participating actively in community organizations and being visible at community events
- Assisting other bankers with loan closings, loan administration, and special projects as needed
Knowledge, Skills, And Abilities
The Commercial Development Analyst should have a bachelor's degree in finance or another business-related program, the ability to multi-task and prioritize, and a general understanding of financial statements. Additionally, in the Commercial Banking Officer Development Program, the Commercial Development Analyst should be attentive to detail and deadlines, have a strong work ethic, excellent verbal and written communication skills, and a service propensity.
Training And Experience
Prior experience and training is not necessary for the Credit Analyst; however, a bachelor's degree and background in finance or another business-related program is required.
Physical Demands, Working Conditions And Hours
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, as needed and required, which may include the ability to lift 25 pounds.
While performing the duties of this job, the employee is regularly required to see, talk or hear. The employee is frequently required to sit for extended periods of time.
Must be available to work when banking center is open, including after-hour events, as scheduled. A normal work week is 40-45 hours.
Who Should Apply- Students currently pursuing a Bachelor's degree, with a business major (economics, finance, or accounting preferred) with a graduation date of May or December 2024.
Immigration sponsorship is not available for this position. To qualify, applicants must be legally authorized to work in the United States and should not require, now or in the future, sponsorship for employment visa status.
The successful completion of a pre-employment drug screen, background and credit check is required.
Hickory Point Bank & Trust provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
Equal Opportunity Employer: Disability/Veteran - 3 Days Ago
Treasury Management Officer - Community Development Banking
- JPMorgan Chase
-
Chicago, IL
FULL_TIME
- Are you customer focused, enjoy building relationships and providing financial solutions to your clients? You have found the right team. As a Treasury Management Officer within the Community Developme...
- 4 Days Ago
Commercial Banking Officer Development Program Analysis Track
- Hickory Point Bank
-
Decatur, IL
FULL_TIME
- Grow with us. If you are interested in growing your career within the financial industry, don't miss this opportunity. When you work at Hickory Point Bank & Trust, you're surrounded by people who are ...
- 20 Days Ago
Business Development Officer
- Self-Help External
-
Chicago, IL
FULL_TIME
- WHO We Are: Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive ...
- 4 Days Ago
Business Development Officer
- Self-Help Credit Union
-
Chicago, IL
FULL_TIME
- Job DetailsDescriptionWHO We Are: Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers in building wealth. At the core of what Self...
- 8 Days Ago
Business Development Officer
- Dieterich Bank
-
Waterloo, IL
FULL_TIME
- Dieterich Bank has a new location coming to downtown Waterloo soon and we're looking for someone ambitious to join our growth! The Business Development Officer is responsible for assuring the business...
- 19 Days Ago
Business Banking Development Officer jobs at Popular Companies
Business Development Representative
- Professional Case Management
-
Oak Ridge, TN
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BUSINESS DEVELOPMENT REP
- UHS
-
Augusta, MI
- Responsibilities Skywood Recovery Center is a residential treatment facility offering integrated treatment for substance...
- 6/9/2024 12:00:00 AM
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...
- 6/4/2024 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 Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Business Banking Development Officer jobs
$74,366 to $96,236
Most Popular Cities in Illinois 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