Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Business Banking Development Officer Job Description

Job Descriptions November 10, 2013

What is the job description of a business banking development officer?

The purpose of a business development officer according to the job description is to develop business is being able to identify and build a rapport with potential clients and to be able to close sales and contracts. They are responsible for developing the banking business for the particular bank they are employed by. They have many duties in their effort to grow the bank’s business.

Required skills for a Business Development Officer

The required skills of a business development officer are as listed:

•Accounting
•General math skills
•Analyzing information
•Management of profitability
•Knowledge of business
•Marketing strategy
•Closing skills
•Negotiation skills
•Competitive analysis
•Presentation skills
•Corporate finance skills
•Professionalism
•Planning of sales
•Financial skills

All of these skills are essential to the success of the banking development officer.

Salary

According to glassdoor.com, the salary for banking development officer ranges from $88,000 to $96,000 a year before any bonuses are added and with bonuses, the salary ranges from $101,000 to $109,000 a year. The potential for increases in income grows as the clientele grows.

The Duties and Responsibilities of a Business Banking Development Officer

A business development officer has many responsibilities. A few important responsibilities of a business development officer are to acquire new customers, call on existing or prospective client in order to build new business, produce growth in income by selling business products and services, development of relationships with referral sources, identify and capitalize on opportunities. Correspondingly, this professional must maintain knowledge of industry trends, products, and technology; participate in community affairs; and broaden new business opportunities.

The Development Officer’s job description also states that the development officer is usually required to have a bachelor’s degree in a relevant field or work experience that is closely related to the area of work. It is imperative that a banking development officer understands the specific requirements of the job description.

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

Showing schools in your area

Matching School Ads
5 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!