Institutional Business Development Officer

Amalgamated Bank; New York (NY); Hybrid; USD 160.000 - 180.000; Vollzeit

Zusammenfassung

Amalgamated Bank in New York seeks an Institutional Business Development Officer to drive revenue for investment management and institutional custody. You will nurture relationships with large institutional clients across multiple channels and collaborate with colleagues to meet growth targets.

The role reports to the Chief Trust Revenue Officer and requires a track record in selling institutional products, with travel up to 40% and a hybrid work model in the New York area.

Qualifikationen

• Bachelor's degree required; MBA or equivalent preferred.
• 10-15 years of institutional investment management experience.
• Excellent verbal and written communication and interpersonal skills.
• Strong presentation skills and selling techniques.
• Ability to manage multiple tasks and projects.

Aufgaben

• Actively promote investment management and custody capabilities while meeting sales targets.
• Drive organic growth of the bank’s investment products and custody portfolio.
• Maintain relationships with prospective clients and institutional consultants.
• Collaborate across the bank to cross-sell investment management and custody services.
• Represent the firm at industry conferences and seminars.
• Travel 30% - 40%+ of the time.

Kenntnisse

Communication skills

Presentation skills

Interpersonal skills

Sales techniques

Multitasking

Ausbildung

Bachelor's degree

MBA or equivalent

Jobbeschreibung

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.

Institutional Business Development Officer

Trust - Marketing Full Time New York, NY, US

Salary Range: $160,000.00 To $180,000.00 Annually

Purpose of Position:

The Institutional Business Development Officer will report directly to the Chief Trust Revenue Officer and has accountability for Business Development for Investment Management and Institutional Custody. Primary responsibilities include driving new business with prospective institutional clients across all channels, such as Corporate, Public, Advisors, Private Funds, Endowments, Foundations and Taft-Hartley. The candidate will also have existing relationships with institutional investment consultants, and other service providers within the industry. The FVP, Institutional Business Development will be responsible for meeting revenue and profitability targets by on-boarding new client relationships across a diverse product set designed to meet the needs of our target market.

Essential Job Functions:

• Actively promote investment management and custody capabilities while achieving monthly, quarterly, and annual sales and profitability targets.
• Drive organic growth of the bank’s portfolio of investment products and custody.
• Maintain strong relationships with prospective clients and institutional consultants,
• Collaborate with peers across the company by cross selling investment management and custody to existing banking relationships, with the ability to introduce commercial banking services to prospective customers.
• Represent the firm at various industry conferences and seminars.
• Perform other duties as directed.
• Travel of 30% - 40%+ of the time.

Knowledge, Skills and Experience Requirements:

• Bachelor’s degree; MBA or other equivalent preferred.
• 10-15 years of institutional investment management experience with a quantifiable track record of building relationships and selling institutional investment products to a broad set of clients across channels.
• Ability to work effectively with all levels of staff and management.
• Excellent verbal/written communication and interpersonal skills.
• Excellent presentation skills and selling techniques.
• Ability to manage multiple tasks and projects.

Our job titles may span more than one career level. The starting base salary for this role is between $160,000.00 – $180,000.00. The actual base pay is dependent upon many factors, such as: training, transferrable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future.

Hybrid Work Model
Effective February 18, 2025, employees in office-based positions will be working a Hybrid work schedule consisting of three days or more, on-site per week, Monday - Thursday, although the specific days may vary by site or organization, with Friday designated as a remote-working day, unless business critical tasks require an on-site presence. This Hybrid work model does not apply to, and daily in-person attendance is required for, the contact center, branch service roles, and general services where the work to be performed is located at a Company site; positions covered by a collective-bargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note, this Hybrid work model guidance does not apply to roles that have been designated as "remote".