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Eastern Bank · 4 months ago

Private Banking Business Development Officer III

125 High Street, Boston, MA, 02110, US

Full-time

Onsite

Senior Level, Lead/Staff

10+ years exp

Eastern Bank is a financial institution seeking a Private Banking Business Development Officer III to develop new deposit and treasury management relationships for small and midsize businesses, nonprofit organizations, and high-net-worth individuals. The role involves achieving growth targets, collaborating with business partners, and contributing to new product development while maintaining a high level of client service.

BankingFinanceFinancial Services

Responsibilities

Participates in new business development activities with prospective and existing clients to increase market share and achieve growth targets in deposits, wealth and revenue. Supports the bank’s target verticals including professionals, Not-For-Profit, Family-owned businesses, VC/PE, Medical/Dental, etc

Collaborates with other business partners to enhance each relationship and deliver a private bank experience. Looks holistically at every client to bring the full capabilities of the bank to each client

Refers clients and prospects to Commercial Lending, Wealth Management, Treasury Services, Residential Lending, as appropriate, for purpose of cross-selling other Bank products and services

Maintains an extensive knowledge of all deposit, lending and treasury management solutions to serve as a “trusted advisor” to our clients. Industry expertise in key verticals is preferred

Assists Bank in meeting its goals of sales and service by providing highest level of client service, through an ongoing commitment to improvement in knowledge, productivity, and job efficiency

Contributes to new product development designed to increase Bank’s penetration of target clients and markets

Participates in industry, community, and civic organizations/programs to market and promote Bank’s products and services

Prepares monthly sales tracking/call report for Director of Relationship Management, Specialized Deposits and Corporate Treasury, including documentation of client contacts and discussions and amount of additional deposit and loan activity generated by business development activities

Keeps abreast of business climate and reports observations and recommendations that could impact general business decisions; seeks opportunities for Bank to improve its competitive position

Represents Bank in a professional, courteous manner to all clients, associates, vendors, and public

Embodies the core values of the bank

Qualification

Private banking experienceBusiness developmentFinancial institution knowledgeSales skillsPublic relations skillsCommunity tiesVerbal communicationWritten communication