Renasant Bank · 8 hours ago
Business Development Officer
Tupelo, MS
Full-time
Onsite
Senior Level
5+ years expRenasant Bank, through its subsidiary Republic Business Credit, is seeking a VP, Business Development Officer to drive client acquisition and revenue growth. This role involves proactive outreach to clients and referral sources, collaboration with internal teams, and ensuring compliance with credit policies while fostering relationships in the commercial finance sector.
BankingConsultingFinancial Services
Responsibilities
Perform credit analysis by reviewing items including, but not limited to AR Agings, AP Agings, inventory reports, financials, projections and business documentation to complete the deal scrub for presentation for a letter of intent
At least monthly meetings throughout the agreed Renasant Footprint, joint prospect calls and working with the local relationship managers on the prospect calling efforts across our key industries of apparel, beverage, food, furniture, government contractors, manufacturers, distribution and oil field service where applicable to the local region
Regularly attend networking events, trade shows, industry events or company parties that provide opportunity to meet new referral sources and engage with current partners
Lead the customer conversation to obtain additional information or explanation detail throughout the client acquisition process while coordinating and escalating as appropriate
Identifies and assesses various business, industry and market risks to determine and categorize business trends, growth, cyclical nature, seasonality, business cycle and stages to apply findings to credit analysis
Owns primary responsibility for communicating with referral sources and prospective clients throughout process, including qualification, issuance and receiving a executed Letter of Intent. To work collaborating with underwriting as necessary throughout the process
Achieve personal clients acquisition targets by creating new leads, issuing letters of intent, attend networking event, trade shows and visit with referral sources throughout the region
Establish and maintain relationships with referral sources such as bankers, brokers, CPA’s, turnaround consultants, equity providers, etc
Develop quarterly marketing plans, identify areas for support, collaboration and provide a resulting marketing plan that meets and exceeds objectives
Develop your knowledge of the industry, competitors, referral sources and prospects to ensure that our market solutions and rates are competitive and structured appropriately
Consistently represent the business in the marketplace professionally, communicating internally and externally consistent with our company values
Ensure new client opportunities are in line with our Credit Policy & Procedures, work with sales administrators, business development associates and members of the Client Acquisition Team to ensure the databases and information is accurate and current
Perform other related duties as assigned
Qualification
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
Effective interpersonal skills
Ability to recommend appropriate solutions
Competency in Microsoft Office (particularly Word and Excel) and Google (Google Mail, Google Docs/Sheets and Google Drive)
Ability to travel, including overnight
Preferred
5-10 years of related experience preferred
Company
Renasant Bank
Renasant Bank is a financial institution offering mortgage, personal, business, and digital banking services.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$217M2024-07-29Post Ipo Equity· $217M
1992-05-01IPO
Leadership Team
Jim Mabry
Chief Financial Officer
Chris Maddox
Market President
Recent News
2026-01-16
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