Senior Business Development Executive
7 days ago
Senior Business Development Executive
About the Company:Fifth Third Bank, a leading financial institution, is proud to offer a rewarding career opportunity for a Senior Business Development Executive. With a strong commitment to equality and inclusion, we strive to create an engaging work environment where every individual can thrive.
Job Description:We are seeking a highly skilled and experienced Commercial Banking Relationship Manager to join our team in Detroit, Michigan. As a key member of our commercial banking division, you will be responsible for developing profitable business relationships with clients and driving revenue growth.
Your primary focus will be on building and maintaining strong relationships with high-revenue clients, identifying new business opportunities, and providing tailored solutions to meet their financial needs. You will work closely with internal partners to deepen existing relationships and acquire new ones, leveraging your expertise in commercial credit analysis, financial statement review, and alternative lending options.
Key Responsibilities:- Develop and implement business plans to achieve financial goals and qualitative measures.
- Work independently to identify and develop new client relationships through centers of influence, existing clients, and referral sources.
- Analyze financial information to determine credit requests that should be pursued and monitor ongoing customer performance to ensure acceptable risk levels.
- Collaborate with Portfolio Managers and Credit Officers on credit requests and adhere to established Portfolio Management guidelines.
- Bachelor's or Master's degree in Business (e.g., Business Administration, Finance, Accounting) or equivalent work experience.
- Minimum 6 years of Commercial Banking experience, at least 5 years of sales experience preferred.
- Formalized commercial credit training or equivalent credit experience required.
- Underwriting experience and proven track record of partnership with investment bankers to provide strategic advice.
We offer a competitive salary range of $120,000 - $180,000 per year, depending on experience, plus benefits including medical, dental, and vision coverage, 401(k) plan, and paid time off.
Average annual salary: $150,000.
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