Cash Management Business Development Specialist
First County Bank · Stamford, CT · 2 mo ago
Finance$60k/yrFull-time
Primary Responsibilities
- Proactively source, develop, and close new deposit relationships with businesses, nonprofit organizations, municipalities, and high-value professional clients.
- Focus business development efforts on low-cost checking, operating, escrow, IOLTA, and savings accounts that contribute to stable, long-term core funding.
- Create and execute a territory-based calling plan, including regular in-person meetings with prospects and centers of influence throughout the market.
- Collaborate closely with Commercial Lending, Residential Lending, Cash Management/Treasury Services, First County Advisors, and Retail Branch teams to deliver comprehensive banking solutions and ensure a seamless onboarding experience.
- Process the account openings and facilitate communication between new clients and the branch with whom they will be associated.
- Track and report business development activity, pipeline progress, and deposit acquisition results to Senior Management.
- Represent the bank at community events, networking opportunities, and industry associations to enhance visibility and referral generation.
- Maintain thorough knowledge of bank products, competitive offerings, pricing, and market trends.
Requirements/Qualifications
- Bachelor’s degree in Business, Finance, Marketing, or related field preferred.
- 3-7+ years of experience in deposit acquisition, retail banking, commercial banking, business banking, or treasury management sales required.
- Strong consultative sales, negotiation, and relationship building skills required.
- Excellent communication, presentation, and organizational skills.
- Documented success acquiring new commercial relationships and generating low-cost deposit balances.
- Able to travel locally on a regular basis to meet prospects, referral partners, and clients.
Pay
Wage Range: Up to $60,000 plus incentives
Salary commensurate with experience