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Business Development Officer in New York, NY

Business Development Officer Job Description

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.

Typical business development officer duties:

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

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Salary for Business Development Officer in New York, NY
132064 - 199631
Low
132064
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
167213
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
199631
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Managing Director/Partner 244335 293134 350464 Vice President of Banking and Financial Markets 189394 232050 274024 Portfolio Manager 144349 175061 212599 Banking and Financial Markets Associate 123191 156975 175744 Banking and Financial Markets Analyst 82924 107153 123191 Banking Operations Specialist 56989 84630 121485 Commercial Lender 104081 125921 148444 Senior Credit Analyst 104423 128651 152198 Credit Analyst 80876 99645 115684 Entry-Level Credit Analyst 69615 85654 109200

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.