Fifth Third Bancorp

Business Development Specialist - Los Angeles

Fifth Third Bancorp$61K — $125K *
US-AnywhereRemote in United States
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • College degree or equivalent experience with strong business acumen.
  • Minimum 3 years of successful business sales relationship experience.
  • Workplace banking experience preferred.
  • Excellent project management and communication skills for varied audiences.
  • Ability to manage projects with strong prioritization, organizational, and teamwork skills.
  • Minimum three years demonstrated experience in networking and prospecting sales techniques.
  • Strong skills in MS Office and experience with Retail Sales platform systems preferred.

Responsibilities

  • Facilitate the onboarding process for corporate clients to the Membership Advantage program.
  • Build and maintain long-term relationships with clients and HR departments.
  • Identify opportunities to promote banking products and services.
  • Provide tailored financial planning advice based on client needs.
  • Oversee and manage client portfolios, review performance, and schedule meetings.
  • Conduct market research on industry trends and competitor offerings.
  • Resolve client inquiries and complaints in a timely manner.
  • Collaborate with internal partners to align customer relationships with expertise.

Benefits

  • Comprehensive benefits programs to support physical, financial, emotional, and social well-being.
  • Participation in an incentive compensation plan based on performance.
  • Opportunities for continued training and development in sales and product knowledge.
  • Recognition programs for employee performance and contributions.
  • Flexible work location with virtual options.
Full Job Description
Responsible for onboarding commercial and corporate clients to our Membership Advantage program and collaborating with human resource professionals to ensure seamless integration and high levels of employee engagement. This role involves understanding client needs, providing tailored financial solutions, and driving business growth through strategic initiatives. Key Responsibilities: • Client Onboarding: Facilitate the onboarding process for corporate clients, ensuring a smooth transition into the program. • Relationship Management: Build and maintain long-term relationships with commercial and corporate clients and their HR departments by understanding their financial goals and objectives. • Sales and Product Promotion: Identify opportunities to promote banking products and services, such as loans, credit cards, and investment options. • Financial Advice: Provide financial planning advice to clients based on their specific needs and circumstances. • Portfolio Management: Oversee and manage client portfolios, regularly reviewing account performance, sending monthly reports, and scheduling quarterly touch base meetings. • Market Research: Stay informed about industry trends and competitor offerings to effectively position the bank’s products. • Customer Service: Resolve client inquiries and complaints in a timely and professional manner. • One Bank: Partners and collaborates with Business Development Partners and other Lines of Business relative to the development of new and existing clients ESSENTIAL DUTIES AND RESPONSIBILITIES: • Serves as the company's/organization's ongoing relationship manager once a MA partnership is secured and manages a portfolio of MA companies/organizations. • Serves as the primary interface between the National LOB and other LOB RMs relative to the development of new and management of existing MA partnerships. Assists in proposal generation and other communications with customer. • Attends and actively participates in One Bank meetings as defined by partnership. • Proactively manage lines of communication with other key internal bank partners such as Institutional Services, WAM, Treasury Management, and Mortgage to ensure that key customer relationships are aligned with the appropriate areas of expertise to best serve the customer in the One Bank environment. • Independently on boards new companies/organizations to the BOB by proactively calling on Bank prospects/clients within the National LOB. • Utilizes the Consultative Sales Process in uncovering employer financial service needs. • Develops detailed plans to meet or exceed assigned sales and customer service goals. • Responsible for completing all training on schedule including small business sales, prospecting, networking and product knowledge. • Calls on and partners with companies/organizations (at the National level and above) in offering the Membership Advantage program to its employees/members. • MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED: • College degree or equivalent experience that will provide for the presentation of a strong business acumen. • Minimum 3 years successful business sales relationship experience • Workplace banking experience preferred. • Excellent project management and communication skills in written, verbal, and presentation formats- including presentations to large groups and varied audiences. • Ability to manage projects utilizing strong prioritization skills, organizational, problem-solving and teamwork abilities. Self-discipline and self-motivation. • Ability to understand retail policies and procedures in order to utilize good judgment in making sound decisions. • Ability to present a professional image to the public. Proven ability to collaborate with, influence and present to all levels of employee/management. • Minimum three (3) years demonstrated experience and knowledge of networking and prospecting sales techniques. • Proven ability to develop/execute strategies to serve multiple customer/client segments across markets. • Ability to multi task special responsibilities as well as additional projects; flexibility. • Strong written and verbal communications skills. • Excellent skills in MS Office (Outlook, Word, Excel and PowerPoint) preferred. Previous experience with Retail Sales platform systems preferred (ACE) and FNA. Business Development Specialist - Los Angeles Total Base Pay Range 61,200.00 - 125,500.00 USD Annual At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day. The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance. Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at: or by consulting with your talent acquisition partner.  LOCATION -- Virtual, California 00000 Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting.  Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third.  Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments, and mortgage.

Fifth Third Bancorp Careers

Join the vibrant team at Fifth Third Bancorp, a leading financial services company that values innovation, leadership, and diversity. As part of our commitment to professional growth and excellence, we offer a range of job opportunities that empower you to advance your career while contributing to the financial success of our clients. Work You’ll Do At Fifth Third Bancorp, you’ll be part of a culture that cherishes innovation and strategic thinking. Our team is dedicated to providing outstanding financial solutions to individuals and businesses alike. By joining us, you will collaborate with some of the industry’s most talented professionals, using your skills to influence positive change and drive efficiency. Explore a variety of career paths in areas such as finance, technology, customer service, and risk management. Whether you are looking for a full-time position, an internship, or leadership roles, Fifth Third Bancorp offers a dynamic environment where your career can flourish. Innovative Work Engage in projects that harness cutting-edge technology and innovative financial practices. At Fifth Third Bancorp, your work will directly impact our mission to improve lives and contribute to the economic stability of the communities we serve. Our team’s collaborative efforts lead to groundbreaking solutions, setting new standards in the financial industry. Be Part of a Great Team Fifth Third Bancorp is not just a company; it’s a community. Here, diversity and inclusion are at the core of our employment philosophy, ensuring every team member’s voice is heard and valued. We offer diversity training programs that enhance our understanding and appreciation of various perspectives, fostering an inclusive workplace. Future-Proof Your Career With Fifth Third Bancorp, you are set on a path of continuous professional development. Benefit from comprehensive benefits, mentorship, and networking opportunities that propel your career forward. Our leadership is committed to your success, providing support and guidance as you navigate through your career milestones. Stay Connected Join Our Team Discover the array of job opportunities at Fifth Third Bancorp by exploring positions that match your skills and interests. We are constantly hiring creative, curious, and motivated individuals who are ready to make a significant impact. Check out our current openings and find where you fit into our exceptional team. Keep Up to Date Stay informed with the latest career tips, industry insights, and professional growth opportunities available at Fifth Third Bancorp. Our careers blog is a resource for potential and current employees, offering valuable information to enhance your work experience and expand your knowledge base. Job Alert Emails Customize your experience by subscribing to receive job alerts, news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities waiting for you at Fifth Third Bancorp. At Fifth Third Bancorp, we are more than just a bank. We are a place where careers are nurtured, achievements are celebrated, and diversity is embraced. Are you ready to take the next step in your professional journey? Join us and be part of something great.
Learn more about Fifth Third Bancorp
Size
19,247 employees
Market Cap
$22.3 billion
Industry
Net Income
$1.4 billion
Founded
1858
5 Year Trend
+4.4%
NASDAQ

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