Business Development Associate jobs in United States
cer-icon
Apply on Employer Site
company-logo

Renasant Bank · 10 hours ago

Business Development Associate

Renasant Bank, through its subsidiary Republic Business Credit, is seeking a Business Development Associate to support the Client Acquisition team. The role involves analyzing leads, reviewing client financials, and contributing to the growth of the company by managing client interactions and developing marketing strategies.

BankingConsultingFinancial Services

Responsibilities

Work closely with the Gulf Regional New Business team, secondarily supporting new business efforts nationwide and Underwriting Teams
Work with the SVP to create strategic marketing strategy and mapping out the tasks needed to implement that strategy
Gain a better understanding of Republic Business Credit’s factoring and asset-based lending products, to eventually qualify future leads
Maintain an up-to-date understanding of the company, its products, its clients base, and the market to implement effective plans
Develop into the primary business development representative for all Fast AR leads and potential opportunities. In time, it is the hope that this individual will manage all Fast AR leads from initial inquiry through client funding
Serve as the initial point of contact for all inbound web-generated leads, ensuring a prompt and professional first interaction
Support the SVP, EVP and President of Republic with its private equity, independent sponsor and high net worth capital education and client acquisition projects
Develop notoriety within the commercial finance space via networking/meetings to establish a referral source network
Conduct strategic research to build targeted prospecting lists and execute direct outbound calling efforts to generate interest in Republic Business Credit’s & Fast AR product offering
Utilization of a business information provider to research, target and call potential opportunities for Republic
Research, compilation and targets of new potential intermediaries through various Private Equity/ Investment Bank lists
Attend adhoc Networking events / meetings with SVP of Business Development and Chief Commercial Officer
Utilization of Republic’s CRM system to research, compile and target previous opportunities
Business Development team support - which includes coordinating & attending referral source meetings, updating contact information within Republic’s CRM, and communicating with existing prospects
Input and analyze data from various trade shows such as but not limited to MAGIC, Natural Products, Capital Connections, and the National TMA, SF Net and ACG conferences
Prepare “Deal Scrubs” where possible with the sales team to assist in presentation of the deals for initial proposal
Prepare Income Yield models for the sales team to gain a full understanding of arbitrage, pricing structure and gross margins behind a commercial finance company
Perform other related duties as assigned

Qualification

Business DevelopmentCommercial Finance KnowledgeCRM ProficiencyMicrosoft OfficeProblem SolvingInformation GatheringDeadline ManagementCommunicationTeam CollaborationCritical Thinking

Required

Bachelor Degree required
Strong problem solving skills
Ability to critically think and evaluate solutions to complex problems
Strong communication skills
Ability to seek and gather information from a variety of sources
Accurate and thorough in all work duties
Ability to work independently while collaborating in a team environment
Ability to meet deadlines and manage expectations
Competency in Microsoft Office (particularly Word and Excel) and Google (Google Mail, Google Docs/Sheets and Google Drive)
Ability to travel, including overnight

Company

Renasant Bank

twittertwittertwitter
company-logo
Renasant Bank is a financial institution offering mortgage, personal, business, and digital banking services.

Funding

Current Stage
Public Company
Total Funding
$217M
2024-07-29Post Ipo Equity· $217M
1992-05-01IPO

Leadership Team

leader-logo
Jim Mabry
Chief Financial Officer
linkedin
leader-logo
Chris Maddox
Market President
linkedin
Company data provided by crunchbase