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Business Development Banker

2 months ago


Parsippany, New Jersey, United States Blue Foundry Bank Full time
Job Title: Business Development Banker

About Blue Foundry Bank

Blue Foundry Bank is a dynamic financial institution that empowers businesses to thrive. Our mission is to provide innovative banking solutions that drive growth, foster relationships, and deliver exceptional results. As a Business Development Banker, you will play a critical role in shaping the future of our clients and contributing to the bank's success.

Key Responsibilities

  • Identify and develop new business relationships within the Professional Services vertical, including attorneys, medical practices, property management organizations, and more.
  • Prospect and onboard new business relationships, focusing on clients with annual revenues exceeding $5MM.
  • Organize in-branch events to host prospects and customers, fostering new and existing business relationships.
  • Collaborate with Centers of Influence (COI) to build a network of contacts and partners that can positively impact business referrals and production.
  • Partner with multiple lines of business within Blue Foundry Bank to cross-sell products and services, deepening existing and acquiring new banking relationships.
  • Work closely with the Cash Management Team to ensure customers and prospects are utilizing all necessary tools to help their business run smoothly and efficiently.
  • Identify top business depositors in each branch and work with Branch Relationship Managers to service these customers and enhance their relationship with Blue Foundry Bank.

Requirements

  • Minimum of a four-year college degree preferred.
  • Minimum 3 – 5 years of proven banking experience in business development, sales, and marketing.
  • Well-developed negotiation and account management skills.
  • Versatile, flexible, and able to travel for meetings and training as required.
  • Self-motivated and confident with the ability to multitask.
  • Strong Center of Influence (COI) network – required.
  • Experience in analyzing financial statements – required.
  • Excellent communication and interpersonal skills.
  • Strong prospecting and sales skills.

What We Offer

At Blue Foundry Bank, we invest in the well-being of our employees, providing a robust array of programs and benefits to help them advance their careers and enhance their quality of life. Our comprehensive compensation package includes medical, dental, and vision coverage, life insurance, short- and long-term disability insurance, 401(k)/Roth with company match up to 5%, paid time off, and 11 paid holidays, employee referral bonus, and educational reimbursement.

Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability, or protected veteran status.