Open Bank · 3 months ago
VP & Business Development Officer
LA Metro Area
Full-time
Onsite
Mid, Senior Level
$60K/yr - $80K/yr
5+ years expOpen Bank is committed to innovation and excellence, seeking a VP & Business Development Officer to enhance their Specialty Deposit Center team. This role focuses on developing client relationships, providing tailored financial solutions, and driving business growth through proactive engagement and cross-selling.
BankingConsultingFinancial Services
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
Qualification
Required
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
Benefits
Medical, Dental, & Vision : Open Bank offers 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 Bank pays 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 Bank matches 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.
Company
Open Bank
Open Bank is a commercial bank primarily serving Korean-American communities.
201-500 employees
Funding
Current Stage
Public CompanyTotal Funding
$25M2025-11-07Post Ipo Debt· $25M
2018-03-28IPO
Leadership Team
Jimmy Bang
EVP & Chief Banking Officer
Ryan Shin
EVP & Chief SBA Officer
Recent News
MarketScreener
2025-11-10
2025-10-24
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