SouthState Bank

Business Development Officer

SouthState Bank$70K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or graduate of Banking School Operation preferred
  • 7 years of experience in high-volume lending financial institutions
  • Strong knowledge of commercial lending and bank operating systems
  • Proficient in interpreting financial statements
  • Effective English communication and interpersonal skills

Responsibilities

  • Source new business opportunities across various services for Hampton Roads market
  • Collaborate with colleagues to develop terms for business proposals and underwrite transactions
  • Mentor less experienced colleagues in local market initiatives
  • Engage in regular outreach to local companies to create business connections
  • Support existing client relationships as needed

Benefits

  • Opportunity to work in a growth-oriented and collaborative team environment
  • Potential for mentorship and development opportunities
  • Access to a diverse range of financial products and services
  • Flexible work environment catering to individuals' needs
  • Private office setting to enhance productivity
Full Job Description
SUMMARY/OBJECTIVES

This position is primarily responsible for sourcing new business opportunities for SouthState (primarily Loans, Deposits, Treasury Management, Interest Rate Derivatives, Retirement Services, and Private Wealth) to help propel SouthState's future growth in the Hampton Roads, VA market. In essence, the BDO will look for opportunities to "sell all of SouthState" throughout the local market. Once a specific opportunity is identified, the BDO will also play an important role in collaborating with other SouthState team members (RM, PM, Risk Management, TM Sales, etc.) to develop the specific terms of new business proposals, underwrite transactions, pursue credit approval, etc.

BDO's activities can support both the Middle Market and Commercial teams in Hampton Roads, VA.

The BDO will maintain strong internal relationships with Relationship Managers, Portfolio Managers, Local Market and State Leaders, Risk Management, and various product partners. Key external relationships will include Prospects and COI's in the local market; the BDO may also support existing SouthState client relationships on a case-by case basis as appropriate/practical.

ESSENTIAL FUNCTIONS
  • Regular ongoing calling activity to "help open doors" with Hampton Roads-based companies
  • Collaborating with SSB colleagues to develop the specific terms of new business proposals, successfully underwrite transactions, and pursue internal credit approval
  • As appropriate, help mentor other less-experienced Hampton Roads-based SSB colleagues
  • Participate as needed in growth-oriented and educational initiatives


Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

COMPETENCIES
  • Analyzing and interpreting financial statements, written & verbal communication in English, interpersonal relationship skills, ability to communicate effectively, professional image, work independently with minimum supervision, problem solving skills


Qualifications, Education, and Certification Requirements
  • Education: BS Degree or graduate of Banking School Operation preferred
  • Experience: 7 years' experience in high volume lending financial institution with banking background.
  • Certifications/Specific Knowledge: Overall knowledge of commercial lending as well as bank operating systems


PHYSICAL DEMANDS

Must be able to effectively access and interpret information on computer screens, documents, and reports. This position requires a large amount of time in front of a computer.

WORK ENVIRONMENT

This position is in a private office.

TRAVEL

Occasional travel may be required to attend internal meetings as needed.

Work Location: 4901 Glenwood Ave Raleigh, North Carolina 27612

About SouthState Bank

South State Corporation is a bank holding company headquartered in Columbia, South Carolina. The company was founded in 1933 as First Federal Savings and Loan Association of Orangeburg, and has since grown to become one of the largest banks in the Southeastern United States. South State Corporation operates through its subsidiary, South State Bank, which provides a range of banking services, including personal and business banking, wealth management, and mortgage lending. The bank has over 200 branches across the Carolinas, Georgia, and Virginia.
Learn more about SouthState Bank
Size
2,756 employees
Market Cap
$2,149
Industry
Founded
2000
5 Year Trend
+3770%
NASDAQ

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