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Business Development Officer

2 months ago

Clinton, New Jersey, United States Flagstar Bank Full time
Job Summary

We are seeking a highly skilled Business Development Officer to join our team at Flagstar Bank. As a key member of our commercial banking team, you will be responsible for developing and maintaining relationships with our business clients, providing them with expert financial solutions and advice to help them achieve their goals.

Key Responsibilities
  • Manage a portfolio of complex business clients and prospects, providing them with tailored financial solutions and advice.
  • Conduct initial screenings and evaluations of potential business relationships, assessing their financial health and creditworthiness.
  • Evaluate and structure loan requests, balancing our credit philosophy with the client's needs.
  • Acquire, deepen, and maintain profitable client relationships through sales, prospecting, and relationship-building activities.
  • Collaborate with internal stakeholders, including Deposits, Credit, and Merchant Services, to design and deliver financial solutions to clients and prospects.
  • Lead and facilitate dialogue with clients and prospects on topics such as industry trends, alternative capital structures, and general business issues.
  • Demonstrate leadership skills and coach/mentor peers to achieve business objectives.
Requirements
  • College degree and formal bank credit training, preferred.
  • Minimum of five (5) years' business development experience.
  • Working knowledge of MS Word, Suite, Abrigo, and 360 View.
Working Conditions

This role requires the ability to sit for long periods of time, use computer equipment, and communicate effectively with clients and colleagues. Moderate sound levels are expected in a business office environment.

Compliance

Flagstar Bank is committed to equal employment opportunity and prohibits discrimination in hiring, promotion, and terms and conditions of employment. We are an equal opportunity employer and welcome applications from diverse candidates.