Business Development Associate

3 weeks ago


Grand Rapids MI USA, United States Fifth Third Full time
Job Summary

We are seeking a highly skilled Associate Relationship Manager II to join our team at Fifth Third Bank. As a key member of our commercial banking team, you will be responsible for partnering with Relationship Managers to identify and develop client solutions, performing analytical tasks, and providing exceptional customer service.

Key Responsibilities
  • Partner with Relationship Managers to identify and develop client solutions
  • Perform analytical tasks to support business development and client relationships
  • Conduct industry research on prospects and current customers to identify new business opportunities
  • Develop and maintain prospect profiles, including updates on CRM
  • Assist in creating and providing suggestions for client presentations
  • Work with Relationship Managers to identify client solutions and develop business plans
  • Conduct initial pricing analysis and generate relationship pricing models
  • Draft initial deal screen/opportunity memos
  • Attend and participate in client presentations as requested by Relationship Managers
Requirements
  • Bachelor's degree in Business or equivalent work experience
  • Minimum of 2 years of related commercial banking, finance, or accounting experience
  • Proficient knowledge of financial and risk analysis
  • Novice level knowledge of US economy and regulations and sales and business development acumen
  • Novice knowledge of commercial lending credit policies and guidelines
  • Novice understanding of corporate business structure and legal documents
  • Proficient knowledge of B2B, CCAS, AFS, RIMS, CHQ, Loan Doc Prep System (or equivalent vendor systems), and other banking systems
  • Local/Regional market dynamics understanding is preferred but not required
  • Demonstrated expertise in verbal and written communication skills, with emphasis on experience in face-to-face negotiations and group presentation skills
  • Demonstrated expertise in using effective problem-solving and analytical skills with ability to handle and prioritize multiple tasks
  • Proficient in all Microsoft Office software
Working Conditions
  • Normal office environment with little exposure to dust, noise, temperature, and the like
  • Minimal travel required

Fifth Third Bank is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating an inclusive and respectful work environment that values diversity and promotes equal opportunities for all employees and job applicants.



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