Business Development Officer III

Fidelity Bank; Asheboro (NC); On-site; USD 85,000 - 110,000; Full time

Job summary

Fidelity Bank in Asheboro, NC seeks a Business Development Officer III to lead business banking relationships, drive loan production and deposit growth, and expand the bank's presence in the market. The role focuses on developing new client relationships through networking, COIs, and targeted prospecting while partnering with the Branch Manager to ensure quality referrals.

The ideal candidate holds a Bachelor's degree with six years in commercial lending or related fields, demonstrates strong

Qualifications

• Bachelor's degree with 6 years of experience in commercial lending, credit, and business development.
• Strong credit underwriting and analytical skills.
• Knowledge of loan laws and regulations.
• Excellent communication skills, oral and written.
• Ability to handle confidential and proprietary information.

Responsibilities

• Develop new client relationships and meet deposit, loan, and referral targets.
• Analyze loan requests, financial statements and monitor credit quality and portfolio performance.
• Collaborate with Branch Manager to promote referrals and community involvement.
• Ensure adherence to Bank policies, procedures and regulatory guidelines.

Skills

Business development

Credit analysis

Relationship management

Communication skills

Financial analysis

Loan underwriting

Education

Bachelor's degree

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Business Development Officer III

Regular Full-Time Asheboro, NC, US

SUMMARY:

Supports the Bank's mission to be the best bank in the markets we serve through effective sales and service leadership, targeted business development efforts, and community involvement. The Business Development Officer is responsible for developing and managing business banking relationships in accordance with Fidelity Bank's core values and business principles in an assigned area. The incumbent assists with accomplishing the area's business objectives including business development strategies, sales efforts, and market expansion. The focus is on loan production and deposit growth.

Level Determination - The Bank segments its' markets into 4 market categories (Expansion, Growth, Core and Established) and certain positions within the Bank have levels within that role to differentiate goals by market type and level of responsibility within the Bank.

PRINCIPAL ACCOUNTABILITIES:

34% BUSINESS DEVELOPMENT AND QUALITY CUSTOMER SERVICE:

• Achieves annual deposit, loan and referral sales results by developing new client relationships through networking with existing customers, leveraging COIs and making prospecting calls.
• Interview potential loan customers and process loan requests.
• Create a Personal Business Development Plan for designated area. Include prospect list on predetermined profitable business and retail relationships.
• Partner closely with the Branch Manager to ensure consistent and quality relationship building and quality commercial and consumer referrals between BDO and Branch Manager.
• Develop partnership with Branch Manager and associates in order to cultivate a positive referral process.
• Represent the Bank within the community by developing and promoting additional business. Serve as an officer with at least one community organization.
• Meet production and performance goals.

33% CREDIT QUALITY/LOAN YIELD/PORTFOLIO MANAGEMENT:

• Thoroughly analyzes credit risks, including the purpose of the credit, source of repayment, collateral, financial history, terms, and conditions.
• Analyze loan applications, financial statements, and base credit decisions on Bank Loan Policy.
• Ensure ongoing credit quality by monitoring loans, managing past dues and watchlist loans.
• Minimize Loan losses and exceptions through effective documentation, underwriting, timeliness, and relationship building.
• Ensures profitability by maintaining average loan yield objectives.
• Manages a portfolio of commercial loans. Prepares credit packages for review and approval by credit partners.
• Perform loan-servicing duties to ensure conformity with loan terms and conditions.
• Assists with timely collection of loan delinquencies.
• Manage and enhance the growth of a quality loan portfolio with a focus on business lending.

33% OPERATIONAL RISK/COMPLIANCE:

• Ensures adherence with Bank policies and procedures and regulatory guidelines.
• Minimize Loan losses and exceptions through effective documentation, underwriting, timeliness, and relationship building.

BASIC QUALIFICATIONS:

Bachelor's degree with 6 years of experience in commercial lending, credit, and business development or an equivalent combination of education and experience.

ADDITIONAL QUALIFICATIONS:

• Possess in-depth knowledge of commercial lending, including the ability to evaluate cash flow and collateral.
• Advanced financial analysis, strong credit underwriting, and analytical skills.
• Ability to handle confidential and proprietary information.
• Excellent communication skills, oral and written.
• Thorough understanding of loan laws and regulations.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job.

They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Affirmative Action/Equal Opportunity Employer