Business Development Officer
Posting Date: 02/17/23
Location: On-site preferred
Requisition #: BVF 23-108
Department: BVF – Sales
Please indicate the requisition number when applying for this role.
Job Summary:
This Business Development Officer is responsible for identifying, developing, closing and retaining factoring relationships for Bay View Funding.
Pay Range: Base Compensation is dependent upon role, experience, and skill set: Min- $74,663/yr Max- $124,438/yr
Primary Responsibilities:
The Business Development Officer is responsible for identifying, developing, closing and retaining factoring relationships. This goal is accomplished through a combination of cold calling, personal networking and attending various social/business events in the community and surrounding area. A preexisting referral source network is preferred. The officer will respond to prospective inquiries in a timely manner by communicating via telephone and/or in person appointments with prospective clients. At times may be accompanied by an appropriate Bay View Funding senior officer to discuss specifics of a transaction. In addition, will act as a liaison between the prospective clients and the underwriting/credit departments. The Business Development Officer will be required to prepare, present and negotiate financing proposals and documents for/with prospective clients. The position requires the support and implementation of new sales and marketing goals, and to stay informed with current underwriting guidelines. Once a relationship is closed direct handling responsibilities will transfer to the portfolio department, allowing the Business Development Officer to pursue other business opportunities; however, officer may at times be called upon to assist portfolio department in the handling of certain matters. The Business Development Officer is expected to maintain contact with the assigned BVF representative(s) and client as needed. The position requires the ability to exercise a high level of independent initiative and focused determination.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Compliance Responsibilities:
The employee is responsible for ensuring compliance with all aspects of job-related laws and regulations and must maintain current compliance knowledge by attending compliance related training seminars and staff meetings and by reading pertinent compliance related materials.
Job related laws and regulations include but are not limited to the following: Bank Secrecy Act (BSA); Office of Foreign Asset Control (OFAC); Vendor Management; Information and Data Security; and SEC regulations related to corporate governance and disclosure.
Benefits:
Competitive salary, bonus plan, medical, dental, group life & long-term care insurance, vision care reimbursement, 401(k), and tuition reimbursement program, and a health club allowance.
