TD Bank

SBA Business Development Associate - NJ/CT/MA

TD Bank$72K — $108K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience required
  • 0-3 years of sales experience preferred
  • Strong interpersonal and communication skills
  • Collaborative team player
  • Proficient in Microsoft Word, Excel, and PowerPoint
  • Preferred background in banking or finance

Responsibilities

  • Support Business Development Officers in marketing and selling loan products
  • Develop relationships with internal bank partners and external referral sources
  • Assist in preparing loan application documentation
  • Manage the closing process for approved lending requests
  • Analyze and monitor routine, less complex loans
  • Conduct financial analyses and gather business information for credit decisions
  • Complete all required training modules

Benefits

  • Opportunities for professional growth and skill development
  • Supportive and inclusive workplace culture
  • Focus on delivering exceptional customer service
  • Engagement in team-oriented environment
  • Commitment to a diverse employee experience
Full Job Description
Work Location:
Glassboro, New Jersey, United States of America

Hours:
40

Pay Details:
$72,280 - $108,160 USD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Line of Business:
Personal & Commercial Banking
Job Description:

The Business Development Associate is responsible for supporting a team of Business Development Officers that identify, market, and sell loan products to the small business and regional commercial marketplace. The Business Development Associate provides sales, deal analysis and process support to Business Development Officers in a defined region. In this position the Business Development Associate is well versed in all aspects of the front end and closing processes of the bank.

Depth & Scope:
  • Markets and assists with calls and other marketing efforts on prospects, clients, internal referral sources and external referral sources to assure service requirements are met and new business opportunities are realized
  • Participates in the development of close working relationships with internal bank partners as well external COI's in conjunction with BDO activities
  • Works with the BDO towards completing narratives, workbooks and other documentation necessary to submit a loan application to credit
  • Manages all aspects of closing approved lending requests and executes specific requirements as appropriate
  • Analyzes, originates and monitors a variety of more routine, less complex loans
  • Makes or assists in sales calls, assists in marketing efforts including both internal and external communication, gathers related financial and general business information as directed, coordinates and performs financial analyses needed to make credit decisions
  • Successfully passes all training modules


Education & Experience:
  • Bachelor's degree or equivalent experience
  • 0-3 years of sales experience
  • Good interpersonal, presentation, verbal and written communication skills
  • Collaborative skills
  • Working skills using word, excel and PowerPoint
  • Preferred degree or experience in banking or finance


Customer Accountabilities:
  • Understands and supports the Bank's Customer Service Strategy
  • Considers the impact of decisions on the well-being of TD, its customers and stakeholders
  • Delivers legendary customer experiences
  • Provides the highest level of Customer service when dealing with internal partners, vendors or our Customers - WOW at every opportunity
  • Leads and models quality service delivery at every interaction
  • Leads and contributes to the ongoing improvement of the partner/Customer experience


Employee/Team Accountabilities:
  • Be engaged in advancing and sustaining a unique, inclusive culture that reflects TD's diversity agenda, and creates an extraordinary employee experience
  • Participates fully as a member of the team and contribute to a positive work environment
  • Ensures ongoing communication with the team on issues / points of interest
  • Actively shares information and knowledge and proactively learn from the expertise of others


Physical Requirements:

Never: 0%; Occasional: 1-33%; Frequent: 34-66%; Continuous: 67-100%
  • Domestic Travel - Occasional
  • International Travel - Never
  • Performing sedentary work - Continuous
  • Performing multiple tasks - Continuous
  • Operating standard office equipment - Continuous
  • Responding quickly to sounds - Occasional
  • Sitting - Continuous
  • Standing - Occasional
  • Walking - Occasional
  • Moving safely in confined spaces - Occasional
  • Lifting/Carrying (under 25 lbs.) - Occasional
  • Lifting/Carrying (over 25 lbs.) - Never
  • Squatting - Occasional
  • Bending - Occasional
  • Kneeling - Never
  • Crawling - Never
  • Climbing - Never
  • Reaching overhead - Never
  • Reaching forward - Occasional
  • Pushing - Never
  • Pulling - Never
  • Twisting - Never
  • Concentrating for long periods of time - Continuous
  • Applying common sense to deal with problems involving standardized situations - Continuous
  • Reading, writing and comprehending instructions - Continuous
  • Adding, subtracting, multiplying and dividing - Continuous


The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required. The listed or specified responsibilities & duties are considered essential functions for ADA purposes.

About TD Bank

TD Securities offers a range of advisory and capital market services to its clients. The company's range of services includes research, investment banking, capital markets, and global transaction banking. Research consists of commodity and equity research. Investment banking consists of mergers, acquisitions, industry expertise, and credit origination. Global transaction banking consists of trade finance, cash management, and correspondent banking. TD Securities was founded in 1855 and is based in Ontario.

TD Bank Careers

Join the vibrant team at TD Bank, one of North America's leading financial services organizations, where innovation, leadership, and growth go hand in hand. At TD Bank, we are committed to fostering a culture of diversity and inclusion, making it an ideal place for ambitious professionals to thrive. Work You’ll Do At TD Bank, your professional journey is bolstered by a robust support system. From your first interview to every career milestone, you will find opportunities for growth and leadership. Our team is dedicated to helping you develop the skills necessary for success in the ever-evolving financial sector. TD Bank offers a variety of job opportunities across multiple fields, from customer service to investment banking. Each position at TD Bank is a chance to contribute to our culture of innovation and exceptional client service. Internship Programs Kickstart your career with a TD Bank internship. Our programs provide invaluable industry exposure and hands-on experience, making them a perfect starting point for students and recent graduates eager to make their mark in the banking industry. Interns at TD Bank enjoy the unique opportunity to work alongside seasoned professionals, gaining insights that are crucial for future employment. Benefits and Growth TD Bank is deeply committed to the well-being and continuous growth of our team members. We offer competitive benefits packages that cover health, finance, and family care. Our employees enjoy comprehensive health insurance, retirement plans, and generous paid time off, among other perks. Moreover, TD Bank encourages professional development through various training programs, including leadership development and diversity training. These initiatives ensure that our team remains at the forefront of industry standards and best practices. Join Our Team Explore the numerous career paths available at TD Bank and discover how your skills and interests align with our mission. We are actively hiring and continually looking for talented individuals who are passionate about banking and customer service. Networking and Professional Development At TD Bank, we believe in the power of networking and collaboration. Our employees have access to a wide range of networking events, workshops, and seminars that promote career development and professional growth. These platforms not only enhance your professional skills but also expand your industry connections. Stay Connected Keep up to date with the latest at TD Bank Careers by subscribing to our job alert emails. Tailor your subscription to match your career preferences and get the latest news, insider tips, and job opportunities delivered straight to your inbox. Explore job opportunities at TD Bank and be part of a team that values hard work, creativity, and a diverse workplace culture. Your next great career move is just a click away. SEARCH TD BANK JOBS Join us at TD Bank and let your ambition lead you to a rewarding career filled with opportunities to learn, grow, and innovate.
Learn more about TD Bank
Size
90,000 employees
Market Cap
$117.9 billion
Industry
Net Income
-$6.9 million
5 Year Trend
+6.6%

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