S&T Bank

Business Development Officer - ABL

S&T Bank$95K — $283K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in business development or sales within financial services.
  • Strong knowledge of business loans and deposit products.
  • Proven track record in generating new business through networking and referral sources.
  • Excellent interpersonal and communication skills for relationship building.
  • Ability to analyze customer needs and deliver tailored solutions.

Responsibilities

  • Develop and nurture new business relationships for asset-based lending (ABL).
  • Sell business products by identifying customer needs and aligning with pricing strategies.
  • Conduct cold calls and use referrals to generate leads.
  • Troubleshoot customer issues and ensure satisfactory resolutions.
  • Promote the bank's services within the community to attract new clients.
  • Build and maintain a robust network of referral sources.
  • Submit timely reports on business development activities and outcomes.

Benefits

  • Opportunities for community involvement and networking.
  • Professional development and training programs.
  • Potential for career advancement within the bank.
  • Collaborative team environment.
Full Job Description

Location:

210 Portage Trail Extension W

Suite 101

Cuyahoga Falls, OH 44223

or:

491 N. Cleveland-Massillon Rd

Akron, OH 44333

Hours:

Monday - Friday :8AM-5PM

(Additional hours as necessary to meet the objectives of the department)

Function: Assumes responsibility for generating new business.

Duties and Responsibilities:

  • Develops new ABL business relationships and services current ABL business loan and deposit relationships by prospecting new customers, profiling to identify current and future needs and maintaining a professional and attentive relationship while cross selling ABL business loans and other affiliate products and services.

  • Sells business products and services that meet identified needs according to the Bank’s pricing and fee schedule. Refers the customer to specialists as identified.

  • Maintains a prospective customer calling program by using referrals and other methods to identify potential customers. Makes cold calls to promote the Bank's products and services.

  • Resolves customer problems as measured by the awareness of and ability to resolve problems in order to enhance existing business relationships and contribute to the Bank’s profit and growth objectives. Refers problems that the incumbent is not capable or empowered to resolve to the appropriate resource. Follows up to ensure that the situation is satisfactorily resolved.

  • Promotes the Bank’s professional image through involvement within the community where potential customers may be found centering efforts around promoting products and services to meet customer needs within the boundaries of the current budget, product and service mix and time as measured by the amount of new business acquired in order to develop new business relationships.

  • Maintains and continually develops networking referral sources. Regularly contacts sources, attends, recognizes and entertains referrals sources according to the Bank’s policies and procedures to obtain referrals and develop new business relationships.

  • Submits reports including business development activity such as calling activity, sales such as deposits and loans and referrals in the prescribed method and in an efficient and timely manner.

  • Serves as a hunter, coach and teammate working with Branch Manager and Market Manager in improving small business skills set in both loan and deposit.

  • Maintains a good working relationship with bank employees. Demonstrates strong interpersonal skills with the ability to work independently, as well as motivated to work as a team player to contribute to the success of the department and in turn, the organization.

  • Performs other related duties and projects as assigned.

Physical Demands:

Operates a keypad device: 25% of the week. Operates electronic equipment: 20% of the week; operates office equipment: 5% of the week. Travels: 50% of the week. The primary parts of the body involved in performing these tasks are the fingers, thumbs, hands, wrists, elbows, legs, lower and upper torso and feet. Standing is required. Sitting is required. Walking is required. Physical demands include travel by car to see customers, inspect construction sites, land developments, etc. Lenders also travel out of state to inspect projects, construction sites and meet customers. Requires the use of manual dexterity skills for typing and data entry up to 25% of the business day. Specific vision requirements include close vision of 18200 for computer work. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Salary Range:

$95,000.00 - $283,500.00

About S&T Bank

S&T Bank is a regional bank that provides a range of financial services to individuals and businesses in Pennsylvania, Ohio, and New York. The bank offers personal and business banking, wealth management, and insurance services. S&T Bank's mission is to help its customers achieve their financial goals by providing personalized service and innovative solutions. The bank was founded in 1902 and is headquartered in Indiana, Pennsylvania.
Learn more about S&T Bank
Size
1,160 employees
Market Cap
$1.3 billion
Industry
Net Income
$21 million
Founded
1902
5 Year Trend
+4.9%
NASDAQ

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