Commercial Loan Business Development Officer jobs in Massachusetts
Commercial Loan Business Development Officer sells commercial loan services to prospective clients. Develops the initial relationship with prospects and coordinates with loan relationship manager to close selling process. Being a Commercial Loan Business Development Officer develops sales strategies for expanding referral sources. Typically requires a bachelor's degree. Additionally, Commercial Loan Business Development Officer typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Business Development Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)
Recently Added Commercial Loan Business Development Officer jobs
Bank Loan Servicing, Officer
- myGwork - LGBTQ+ Business Community
-
Quincy, MA
FULL_TIME
-
This inclusive employer is a member of myGwork – the largest global platform for the LGBTQ business community.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for- Account for the day-to-day management of a functional team(s) and manage daily service delivery and production activities performed by staff
- Primary contact and key escalation point for operational issues, provide technical expertise to resolve daily problems
- Act as primary contact and escalation point for operational issues
- Manage and escalate issues related CoE's and other Shared Services
- Manage production activities of Shared Service Associate I, II and Senior Associate
- Coordinate the implementation of new funds, systems and processes. Assist with client conversions and other client projects
- Organize Shared Service internal meetings, as needed, and compiles related documentation, assisting with the coordination and development of the agenda and may attend meetings to record notes and action items
- Identify and implement consistent operational best practices
- Assist with compliance/fiduciary reviews and audits
- Train, develop and motivate new staff, complete performance appraisals
- Provide coaching and development opportunities to staff, participate in individual on-going training and development
- Provide technical expertise to resolve daily problems
- Serve on committees. Help define and implement new company initiatives
- During the course of normal day to day operation, be responsible for identifying any unusual or potentially suspicious transaction activity and must report and/or escalate in accordance with corporate policy and guidelines detailed in relevant operating procedures
- Other duties as assigned
These skills will help you succeed in this role- Knowledge of securities language and legal requirements.
- Good interpersonal, organizational and management skills.
- Solid understanding of operational functions within Custody and/or Fund Accounting. Ability to provide technical expertise to resolve daily problems.
- Demonstrated computer proficiency and working knowledge of various software applications.
- Ability to develop and enhance client relationships.
- Equivalent to a BS degree in Finance, Business or related field.
- At least 5 years of related Custody and/or Fund Accounting experience, part of which must have been in a management or supervisory capacity.
- Experience in working with Bank Loan asset class.
- Proficiency with Wall Street Office (WSO)
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers
Salary Range
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ. - 4 Days Ago
Commercial Loan Officer-Waltham
- Rockland Trust
-
Waltham, MA
FULL_TIME
- We offer an extensive and highly supportive branch network, competitive products and pricing and exceptionally strong local operational support to help you achieve your business development objectives...
- 1 Day Ago
Commercial Loan Officer (C&I)
- Make Your Move
-
Salem, MA
FULL_TIME
- Salem Five is a growing regional financial services organization with a rich history of over 160 years. As an independent bank, we are deeply rooted in the communities we serve and offer our employees...
- 2 Months Ago
Commercial Loan Officer - Franklin
- Rockland Trust Career Site
-
Franklin, MA
FULL_TIME
- We offer an extensive and highly supportive branch network, competitive products and pricing and exceptionally strong local operational support to help you achieve your business development objectives...
- 4 Days Ago
Commercial Loan Officer
- Northern Bank
-
Woburn, MA
FULL_TIME
- The Commercial Loan Officer is responsible for developing new client relationships primarily in Middlesex County to increase the loan portfolio and associated deposit balances. ESSENTIAL FUNCTIONS Dev...
- 6 Days Ago
Commercial Loan Officer
- Northern Bank
-
Reading, MA
FULL_TIME
- The Commercial Loan Officer is responsible for developing new client relationships primarily in Middlesex County to increase the loan portfolio and associated deposit balances.ESSENTIAL FUNCTIONSDevel...
- 16 Days Ago
Commercial Loan Business Development Officer jobs at Popular Companies
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
Commercial Loan Business Development Officer - To 175K - Chicago, IL -Job # 3274
- The Symicor Group
-
Chicago, IL
- Commercial Loan Business Development Officer - To $175K + Bonus - Chicago, IL - Job # 3274 Who We Are The Symicor Group ...
- 6/7/2024 12:00:00 AM
Business Development Representative
- Professional Case Management
-
Oak Ridge, TN
- Put your talents to work at PCM! Whether you work in our Home Care, Clinical Research, Impairments, or Catastrophic Care...
- 6/7/2024 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...
- 6/3/2024 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 Massachusetts
Massachusetts is the 7th-smallest state in the United States. It is located in the New England region of the northeastern United States and has an area of 10,555 square miles (27,340 km2), 25.7% of which is water. Several large bays distinctly shape its coast. Boston is the largest city, at the inmost point of Massachusetts Bay, and the mouth of the Charles River.
Despite its small size, Massachusetts features numerous topographically distinctive regions. The large coastal plain of the Atlantic Ocean in the eastern section of the state contains Greater Boston, along with most of the state's po...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Business Development Officer jobs
$86,745 to $125,179
Most Popular Cities in Massachusetts for Commercial Loan Business Development Officer Jobs
What does a Commercial Loan Business Development Officer do?
Commercial Loan Business Development Officer in Wichita, KS
This is where a commercial business development officer comes in.
January 22, 2020
Commercial Loan Business Development Officer in Lexington, KY
Even though these professionals specifically work with commercial loans and in development (as opposed to closing) they may actually perform a number of the same tasks as traditional loan officers.
January 07, 2020
Commercial Loan Business Development Officer in Saginaw, MI
Based on our compensation data, the estimated salary potential for Commercial Loan Business Development Officer will increase 16 % over 5 years.
February 09, 2020