Business Systems Officer (Banking) performs analysis and supports strategic planning and development for a banking and financial services organization. Collects and analyzes data on emerging industry trends, economic conditions, new technologies, consumer behavior, merger and acquisition opportunities, and competitive threats. Being a Business Systems Officer (Banking) identifies potential technological, process, and product enhancements. Supports and coordinates optimization initiatives for bank operations and branch networks. Additionally, Business Systems Officer (Banking) typically requires a bachelor's degree. Typically reports to a manager. The Business Systems Officer (Banking) occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Business Systems Officer (Banking) typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
POSITION DESCRIPTION:
This role is responsible for the expansion and retention of new and existing business banking relationships to include loans, deposits and cash management services within the Bank’s delineated Assessment Area and throughout the Connecticut marketplace. The primary objective of the Business Banking Relationship Officer role is to be responsible for an assigned portfolio of loan and deposit relationships with small to medium sized business clients. Solicit new business; manage risk and credit decisions; and service existing clients through the bank’s relationship management program. Work with branch and lending partners to effectively sell to the business customer and cross-sell other bank products. Prospective customers will mostly be self-sourced or come from external referral sources, including centers of influence. Majority of travel will be allocated to prospecting activities. Responsible for all phases of the customer service and sales life cycle including lead generation, utilization of relevant systems, following policies, leveraging product knowledge, assessing credit needs of prospects and building out depth in current markets as well as building out opportunities in new markets and industry segments. Incumbent is responsible for Bank performance as it pertains to profitable loan and deposit growth, non-interest income and customer satisfaction.
GENERAL DESCRIPTION OF DUTIES:
DIGITAL LITERACY: The ability to use data, information, and communication technologies to find, evaluate, create, and communicate information, requiring both cognitive and technical skills
FUNCTION SUPERVISED: None
LIST OF POSITIONS SUPERVISED: None
EDUCATION REQUIRED: bachelor’s degree or 3-5 years of relevant work experience.
EXPERIENCE REQUIRED: 3 plus years of experience of similar or related experience. Ability to read and analyze financial statements and tax returns. Sound credit skills are necessary to evaluate loan requests. Strong understanding of cash management, trade services products offered to business banking customers and ability to identify sales opportunities for those product sets. The ability to interpret reports and think creatively about solutions for new products, existing product integration and new programs/projects is critical. Must demonstrate a willingness to learn in an evolving department. Must be proficient in Microsoft Word, Excel and PowerPoint along with software utilized by the department and Bank overall.
MANAGERIAL RESPONSIBILITY: Has no supervisory/managerial responsibilities.
*Compensation: Compensation is based on our market pay structures. However, individual salaries are determined by a variety of factors including, but not limited to business considerations, local market conditions, and internal equity, as well as candidate qualifications, such as skills, education, and experience.
GSB is an equal opportunity employer and offers equal opportunity to all applicants for all positions without regard to race, color, religion, national origin, age, disability, and veteran status.
Applicants requiring reasonable accommodation in the application process should notify Human Resources.
GSB participates in E-Verify.
EOE/AA/M/F/D/V