Deposit Growth Specialist

1 week ago


Minneapolis, Minnesota, United States GPAC Full time
Business Development Officer

A highly skilled and motivated Business Development Officer with a strong focus on deposits is sought after by our bank to join our dynamic team.

About Us

We are a leading financial institution committed to providing exceptional banking services and innovative financial solutions to our customers. Our mission is to deliver outstanding customer experiences and drive the growth of our deposit base.

Salary and Benefits

The successful candidate can expect a competitive salary ranging from $80,000 to $120,000 per year, depending on experience, plus comprehensive health, dental, and vision insurance, paid time off, and professional development opportunities.

Job Summary

The Business Development Officer will be responsible for managing, maintaining, and growing existing loan and deposit portfolios, as well as identifying, developing, and managing new business opportunities to increase the bank's deposit base.

Key Responsibilities
  • Develop and execute strategies to attract new deposit clients and grow the bank's deposit base.
  • Manage, maintain, and grow existing loan and deposit portfolios.
  • Identify and pursue new business opportunities within a specific target market through networking, referrals, and market research.
  • Increase and optimize customer relationships by cross-selling other bank services.
  • Build and maintain strong relationships with existing and potential clients, understanding their financial needs and providing tailored solutions.
  • Conduct presentations and meetings with clients to promote deposit products and services.
  • Stay informed about market trends, competitor activities, and regulatory changes to identify opportunities and mitigate risks.
  • Achieve and exceed deposit growth targets and contribute to the overall success of the bank.
Qualifications and Requirements
  • Bachelor's degree in Finance, Business Administration, or a related field.
  • Minimum of 5 years of experience in business development within the banking industry, with a strong focus on deposits.
  • Proven track record of achieving and exceeding business development targets.
  • In-depth knowledge of banking products and services, especially deposit-related products.
  • Effective time management and project management skills.

Please submit your resume to be considered for this exciting opportunity.



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