Business Banking Development Officer jobs in New York

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)

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Business Control Officer
  • Sumitomo Mitsui Banking Corporation (SMBC)
  • New York, NY FULL_TIME
  • SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

    In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

    The anticipated salary range for this role is between $113,000.00and $165,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

    Role Description
    • Manage the compliance and operational risk associated with the daily execution of trade finance business in conjunction with GTFD management, BCO of coverage, and Corporate Compliance-Advisory group in Compliance Department (CPAD).
    • Control/minimize various compliance risks arising out of daily execution of trade finance business including but not limited to Sanction/AML Risk, Third Party Risk (e.g. System Vender Risk), Operational Risks, Code of Conduct Risks and Fraudulent Risk
    • Ensure the compliance with the policies & procedures of the bank as well as GTFD in terms of the above mentioned various risks.
    Role Objectives: Delivery

    Manage Sanction & AML risk matters related to the daily execution of trade finance deals booked in NY Branch and escalate any issues to to GTFD management and BCO of coverage, and Corporate Compliance-Advisory group in Compliance Department (CPAD)in a timely manner.

    *Manage the Third Party Risk (e.g. System Venders) in collaboration with product teams.

    Oversee the code of conduct risks as well as understand and manage requirements around cross border transactions in new jurisdictionsand provide necessary guidance to the relevant teams in GTFD with Corporate Compliance-Advisory group in Compliance Department (CPAD)

    * Work with BCDAD Fraud operations to understand overseas activities in order for fraud operations to develop fraud scenarios for this line of work Oversee the potential fraudulent risk which may arise out of daily operation and propose adequate countermeasures.

    * Work with relevant teams in GTFD (e.g. Planning, Transaction Management etc. ) as well as key stakeholders in the bank (e.g. CPAD). Work with transaction management to ensure new process requirements relating to business expansion are understood and supportabledevise and implement a "Compliance Risk Framework".

    Help marketing officers promote and develop Trade Finance Business by providing necessary advices (e.g. structure, risk mitigation method, identification of financial crime risk etc..) to manage various compliance risks arising out of the existing business as well as the new business which the dept is looking to implement.

    Support products approval process from compliance perspective, as necessary.

    To perform the role as Local Compliance Coordinator ("LCC") in GTFD NY.

    Deepen the "Compliance Culture" within GTFD in collaboration with other regions in GTFD as well as relevant depts in American Division

    Keep GTFD staff updated on the market trends and business environment related to compliance/AML.Conduct study session for the dept on a regular basis to ensure that GTFD members understand relevant internal rules correctly.

    Role Objectives: Interpersonal
    • Excellent communication and liaison skills, including proven effectiveness in workingacross teams.
    • Substantial experience of prioritizing workloads in order to meet strict deadlines.
    • Thinks flexibly and creatively to solve problems and is open to new approaches within their role.
    • Proactively suggests changes to improve current processes and operating procedures.

    Self-motivated and trusted by other group members as someone who plays a key role in contributing to the delivery of the group's objectives.

    • Able to make decisions and not be swayed by pressure from business units/officers.
    Role Objectives: Expertise
    • Expert knowledge of the range of compliance areas relevant to Trade Finance, including LATAM markets and developed markets and preferably across sectors that include commodity finance.
    • Deep knowledge of Compliance matters relating to the financial services sector.
    • Substantial experience in and high-level knowledge of trade finance, operations, compliance, regulations, products and
    • Internal management.
    • Reviews work carefully and thoroughly to ensure quality and meet deadlines.
    • Understand the need to report routinely and immediately escalate issues to management promptly.
    • Familiarity with the bank's systems & IT (e.g. Accord, EIC, GBR LIQ).
    Qualifications and Skills
    • Recommended years of experience: 7
    • Likely to be educated to at least degree level (or equivalent) and likely to have some form of additional Compliance qualification.

    Additional Requirements

    D&I Commitment

    Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.

    SMBC's employees participate in a hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process.


    We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SMBC provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

     

  • 5 Days Ago

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Business Development Officer (Contractor)
  • AVASK ACCOUNTING & BUSINESS CONSULTANTS
  • White Plains, NY CONTRACTOR
  • Title: Business Development Officer (Contractor) Location: US (remote) Salary: Depending on experience We are currently recruiting for a Business Development Officer (Contractor) to join our team remo...
  • 16 Days Ago

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Business Development Officer
  • National Business Capital
  • Hauppauge, NY FULL_TIME
  • ⚡Role: Business Development Officer💼 Industry: FinTech | Private Credit | Business Lending🌎 Location: Hauppauge, New York💰 Salary: $100-500k/yearAbout National Business CapitalNational Business Cap...
  • 19 Days Ago

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STEM From Dance - Chief Development Officer
  • Chief Development Officer - Daniels Solutions
  • New York, NY FULL_TIME
  • ABOUT OUR ORGANIZATION For over a decade, STEM From Dance (SFD) has been committed to empowering girls of color with the skills, experiences, and confidence to pursue careers in STEM — all through the...
  • 9 Days Ago

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Business Banking Officer
  • Pathfinder Bank
  • Oswego, NY FULL_TIME
  • Summary/Objectives: Responsible for acquiring, servicing and growing relationships with small businesses that typically have annual gross sales up to $1Million. Work proactively with new businesses, s...
  • 10 Days Ago

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Commercial Banking Officer - Business Banking Rochester
  • Community Bank, N.A.
  • Victor, NY FULL_TIME
  • OverviewAt Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Ban...
  • 9 Days Ago

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Business Development Rep
  • Watsco, Inc.
  • Carrollton, TX
  • Job Description Carrier Enterprise (CE) is a subsidiary of the largest independent HVAC/R distribution company in the wo...
  • 6/2/2024 12:00:00 AM

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Business Development Professional
  • Strategic Systems
  • Dublin, OH
  • Job Description Job Description We are seeking a dynamic and results-driven Staffing Business Development Specialist to ...
  • 5/31/2024 12:00:00 AM

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BUSINESS DEVELOPMENT REP
  • UHS
  • Augusta, MI
  • Responsibilities Skywood Recovery Center is a residential treatment facility offering integrated treatment for substance...
  • 5/30/2024 12:00:00 AM

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Business Development Rep
  • FleetPride, Inc.
  • Burnsville, MN
  • FleetPride is the largest after-market distributor of heavy-duty truck and trailer parts in the U.S. with some of the be...
  • 5/29/2024 12:00:00 AM

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Business Development Rep
  • Xactly byGTE
  • Los Angeles, CA
  • Mitigation company is looking for an experienced Business Development Representative to join their team in Los Angeles, ...
  • 5/29/2024 12:00:00 AM

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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

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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

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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

New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. New York covers 54,555 square miles (141,300 km2) and ranks as the 27th largest state by size.[3] The highest elevation in New York is Mount Marcy in the Adirondacks, at 5,344 feet (1,629 meters) above sea level; while the state's lowest point is at sea level, on the Atlantic Ocean. In contrast with New York City's urban landscape, the vast majority of the state's geographic area is dominated by meadows, forests, rivers, farms, mountains, and lakes. Most of...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Business Banking Development Officer jobs
$77,312 to $100,049

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