Business Development Officer (Part-Time)

Foresight Bank; Illinois; On-site; USD 44,000 - 82,000; Part time

Job summary

Foresight Bank in Illinois is seeking a part-time Business Development Officer to locate new business opportunities and build client relationships across our markets in the Loves Park/Perryville area.

This high-contact role focuses on proactive sales, targeted outreach, and collaboration with Relationship Managers to generate leads for banking services including Business, Retail, Investments and Mortgage Banking.

Qualifications

• Bachelor’s Degree in Business related field.
• Minimum 10 years related experience and/or training; or equivalent combination of education and experience.
• Possess valid driver’s license, reliable transportation and adequate auto insurance.

Responsibilities

• Uncovers potential business opportunities and communicates opportunities to SVP, Commercial Banking.
• Participates in ongoing communication with prospects/customers in conjunction with assigned Relationship Manager.
• Maintains professional communication and conduct with all clients, prospects and associates.
• Generates leads for additional bank services relating to Business Banking, Retail Banking, Investments, Indirect Lending and Mortgage Banking.
• Champions dual calling efforts with Relationship Managers.
• Maintains and promotes a superior level of professional customer service and Team Member relations at all times.
• Actively participates in community organizations and events to increase the bank’s visibility and image in order to build a solid referral network.
• Assures that all client documentation, customer agreements, and required loan and supporting documentation are obtained and accurate.
• Participates in the underwriting and documentation of the credit.
• Monitors customer performance and maintains timely reporting to include the receipt of and review of required financial information.
• Undertakes special projects and/or assignments for the bank, as needed.
• Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.

Skills

Business Acumen

Business Development

Communicator

Initiative

Technical

Education

Bachelor’s Degree in Business

Tools

Jack Henry

Microsoft 365

Office Suite

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 (Part-Time)

Part Time 20-29 Perryville, Loves Park, IL, US

Salary Range: $44,015.00 To $81,847.50 Annually

Organization Overview:

Foresight Bank is the largest, locally owned community bank in Northern Illinois, with fifteen offices in the counties of Winnebago, Stephenson and Kankakee. Foresight Bank is owned by Foresight Financial Group, Inc., an Illinois corporation founded in 1986, a financial holding company established under the Federal Reserve.

Position Summary:

The Business Development Officer is responsible for building market position by locating new business opportunities and developing business relationships.This high-contact positions requires the ability to initiate and develop prospective customers and cultivate current client relationships through a proactive and professional sales approach.

Primary Responsibilities:

• Uncovers potential business opportunities with prospective customers, and communicates opportunities to SVP, Commercial Banking.
• Participates in on-going communication with prospects/customers in conjunction with assigned Relationship Manager.
• Maintains professional communication and conduct with all clients, prospects and associates.
• Generates leads for additional bank services relating to Business Banking, Retail Banking, Investments, Indirect Lending and Mortgage Banking.
• Champions dual calling efforts with Relationship Managers
• Maintains and promotes a superior level of professional customer service and Team Member relations at all times.
• Actively participates in community organizations and events to increase the bank’s visibility and image in order to build a solid referral network.
• Assures that all client documentation, customer agreements, and required loan and supporting documentation are obtained and accurate.
• Participates in the underwriting and documentation of the credit.
• Monitors customer performance and maintains timely reporting to include the receipt of and review of required financial information.
• Undertakes special projects and/or assignments for the bank, as needed.
• Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

To perform the job successfully, an individual should demonstrate the following competencies. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Business Acumen/Financial Management: Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals.

Business Development: Utilizes networking, product and industry knowledge and customer service skills to achieve and exceed approved budget; proactively initiates new contacts; Uses persistence and persuasion to overcome objections; Upholds highest level of customer satisfaction; Maintains accurate records and submits needed information promptly.

Communicator: Superior interpersonal and project management skills, oral and written communication and ability to anticipate and guide the impact of effective internal and external communication strategies on the organization.

Initiative: Takes action, seeks new opportunities, strives to see projects to completion.

Technical: Fluency in Jack Henry, loan platform systems or similar financial industry technology, Microsoft 365 and Office (Teams, Sharepoint, Word, Excel and PowerPoint). Knowledge of banking products, services, policies, procedures and regulations.

Position Performance Standards:

Meet individual annual new business goal.

Performance Weightings:

70% Position Performance Standards and Personal Goals

Qualifications:

Bachelor’s Degree in Business related field. Minimum 10 years related experience and/or training; or equivalent combination of education and experience. Possess valid driver’s license, reliable transportation and adequate auto insurance.

Physical Demands and Work Environment:

This job operates in a clerical office setting. This role routinely uses standard office equipment such as computers, phones, copy machines, filing cabinets and fax machines. The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position requires manual dexterity. While performing the duties of this Job, the Team Member is regularly required to sit or stand for extended periods of time.