Business development officers should have a minimum of 10 years of experience in the banking or financial services industry, along with a solid understanding of the needs of investors. They must be strong communicators and have a proven ability to reach new clients and generate business. Business development officers typically deal with several clients at a time and should possess top-notch sales skills. A bachelor’s degree in finance or business is required, and firms often give preference to candidates with a CFA. Bringing in new business for the institutionWorking with executives, management and other staff to create new opportunities for the firmAligning current clients with the best investment opportunities Submit your resume or request talent now and our expert recruiters will be with you shortly.Robert Half can assist you with your business development officer recruitment needs.
3M
About Time
Business Development
Business Opportunities
C-Suite
CRM
Campaign Planning
Customer Service
ERP - Enterprise Resource Planning
Management System
Salary for Business Development Officer
$96,500 - $145,750
25th percentile
$96,500
New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties
50th percentile
$122,000
Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role
75th percentile
$145,750
Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Managing Director/Partner – Banking and Financial Markets $175,500 $211,000 $251,500 Vice President – Banking and Financial Markets $133,750 $164,750 $191,750 Banking and Financial Markets Associate $86,500 $112,000 $123,500 Banking and Financial Markets Analyst $59,250 $75,750 $86,250 Portfolio Manager $104,750 $127,250 $155,000 Private Banker, 5+ Years' Experience $88,500 $107,500 $127,250 Private Banker, 3-5 Years' Experience $65,500 $80,000 $95,250 Private Banker, 1-3 Years' Experience $52,750 $63,000 $74,500 Credit Analyst, 5+ Years' Experience $75,000 $91,250 $108,500 Credit Analyst, 3-5 Years' Experience $58,250 $70,500 $81,750 Credit Analyst, 1-3 Years' Experience $49,750 $60,750 $78,000
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