VP & Business Development Officer

Open Bank; Los Angeles (CA); Hybrid; USD 60,000 - 80,000; Full time

Benefits offered by this job

Medical, Dental, & Vision

Life, AD&D, & LTD

Flexible Spending Account (FSA)

401(k) Retirement Savings Plan

Paid Time Off (PTO)

Employee Assistance Program (EAP)

Company Paid Lunch

Job summary

Open Bank in Los Angeles is seeking a VP & Business Development Officer to lead client relations and drive growth within the Specialty Deposit Center.

You will manage a portfolio, identify cross-sell opportunities, and ensure exceptional service while meeting revenue targets.

The role requires at least five years in banking, deep knowledge of deposits and lending, and ability to coordinate with internal teams to deliver tailored financial solutions.

Qualifications

• Minimum five years in banking or financial services.
• Ability to analyze financial information and perform calculations.
• Knowledge of lending and deposit regulations.
• Professional communication and client service skills.

Responsibilities

• Develop and maintain relationships with individual and business clients.
• Serve as primary contact for client banking needs.
• Conduct regular account reviews and address client concerns.
• Identify opportunities to offer banking products and services and cross-sell.
• Meet sales and revenue targets through proactive client engagement.
• Generate leads and acquire new clients via networking and referrals.
• Ensure compliance with banking regulations and risk policies.

Skills

Client relationships

Cross-selling

Sales targets

Communication skills

Financial analysis

Tools

Word processing

Spreadsheets

Email

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.

VP & Business Development Officer

Full Time Sales 01 Wilshire, Los Angeles, CA, US

15 days ago Requisition ID: 1291

Salary Range: $60,000.00 To $80,000.00 Annually

At Open Bank , we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees.

We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness!

Join our TEAM - T ogether E veryone A chieves M ore

Job Title: VP & Business Development Officer
Department: Specialty Deposit Center

We are looking for VP & Business Development Officerto join our Specialty Deposit Center team. The Business Development Officer is responsible for developing and maintaining strong relationship with clients, providing tailored financial solutions, and driving business growth. This role involves managing a portfolio of clients, identifying opportunities for cross-selling banking products, and ensuring exceptional customer service.

Key Responsibilities:

• Develop and maintain strong relationships with individual and business clients.
• Serve as the primary point of contact for client banking needs.
• Conduct regular account reviews and proactively address client concerns.
• Identify opportunities to offer financial products and services, including loans, credit lines, deposits, and investment options.
• Meet sales and revenue targets through proactive client engagement and cross-selling.
• Generate leads and acquire new clients through networking and referrals. Assess client financial needs and recommend appropriate banking products and CMS services.
• Ensure compliance with banking regulations and risk management policies.

Requirements/Qualifications:

• Minimum five years in banking, financial services, or related field or equivalent experience required.
• Ability to retain a broad knowledge of tasks performed in the deposit operation and lending functions.
• Good understanding of all required documents needed for opening new accounts.
• Ability to analyze and organize financial information and perform complex financial calculations.
• General knowledge of lending and deposit regulations and laws.
• Present a professional image in dealing with clients, interdepartmental, and external representatives.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.

Employee Benefits & Perks

• Medical, Dental, & Vision :Open Bankoffers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability :Open Bankpays 100% of the cost.
• Flexible Spending Account (FSA) : Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan :Open Bankmatches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO) : Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP) : The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.