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Banking Business Development Jobs (NOW HIRING)

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Business Development Officer

Johnson City, TN · On-site

Job Summary Develop and expand commercial banking relationships by identifying new business ... Achieve assigned loan production and business development goals. * Generate non-interest income ...

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Banking Business Development information

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$26.5K

$59.6K

$95.5K

How much do banking business development jobs pay per year?

As of Jul 1, 2026, the average yearly pay for banking business development in the United States is $59,559.00, according to ZipRecruiter salary data. Most workers in this role earn between $45,000.00 and $70,000.00 per year, depending on experience, location, and employer.

What is the difference between Banking Business Development vs Banking Relationship Manager?

AspectBanking Business DevelopmentBanking Relationship Manager
Primary FocusGenerating new business and expanding client baseManaging existing client relationships and cross-selling
Skills NeededSales, networking, market analysisCustomer service, communication, product knowledge
Work EnvironmentProactive outreach, meetings, presentationsClient meetings, account management
CertificationsOften requires sales or banking certificationsFinancial certifications may be preferred but not always required

Banking Business Development focuses on acquiring new clients and growing the bank's market share, while Banking Relationship Managers maintain and deepen existing client relationships. Both roles require strong communication skills and industry knowledge, but their core responsibilities differ significantly.

How does a Banking Business Development professional typically collaborate with other departments to achieve client acquisition goals?

Banking Business Development professionals work closely with departments such as marketing, credit risk, product management, and customer service to identify prospects and tailor financial solutions. They often participate in cross-functional meetings to align strategies, share market insights, and coordinate client outreach efforts. Effective collaboration ensures that potential clients receive comprehensive service and that proposals meet both client needs and regulatory requirements. This teamwork is essential for building lasting relationships and achieving growth targets.

What is Banking Business Development?

Banking Business Development refers to the strategies and activities undertaken by banks to attract new clients, expand relationships with existing customers, and grow their market presence. Professionals in this role identify new business opportunities, develop partnerships, and promote banking products and services to individuals and businesses. Their responsibilities often include market research, networking, and creating tailored financial solutions to meet client needs. The ultimate goal is to drive revenue growth and strengthen the bank’s competitive position.

What are the key skills and qualifications needed to thrive as a Banking Business Development professional, and why are they important?

To thrive in Banking Business Development, you need strong financial acumen, sales expertise, and a solid understanding of banking products and services, often supported by a relevant degree in finance or business. Proficiency with CRM software, financial analysis tools, and industry-specific platforms like Salesforce is typically required. Outstanding interpersonal skills, negotiation abilities, and the capacity to build lasting client relationships help professionals stand out in this role. These skills are vital for identifying growth opportunities, expanding the bank’s client base, and driving revenue in a competitive financial landscape.
More about Banking Business Development jobs
What cities are hiring for Banking Business Development jobs? Cities with the most Banking Business Development job openings:
What states have the most Banking Business Development jobs? States with the most job openings for Banking Business Development jobs include:
What job categories do people searching Banking Business Development jobs look for? The top searched job categories for Banking Business Development jobs are:
Banking Business Development jobs near you
Infographic showing various Banking Business Development job openings in the United States as of June 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $59,559 per year, or $28.6 per hour.
Private Banking Business Development Officer II

Private Banking Business Development Officer II

Eastern Bank

Boston, MA • On-site

$108K - $178K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 14 days ago

Eastern Bank rating

8.1

Company rating: 8.1 out of 10

Based on 21 frontline employees who took The Breakroom Quiz

47th of 144 rated banks

Job description


Hiring Range: $108,896 - $178,901
The posted salary range reflects Eastern's expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information.
This position develops new deposit and treasury management relationships for small and midsize businesses, nonprofit organizations, business professionals and high-net-worth individuals within the Bank's assessment area. The focus of this role is to achieve prescribed goals in deposit and revenue growth and as well as referring wealth management opportunities. The position will also support the bank's CRA efforts and target verticals.
Responsibilities:
  • Participates in new business development activities with prospective and existing clients to increase market share and achieve growth targets in deposits, wealth and revenue. Supports the bank's target verticals including professional services businesses, Not-For-Profit, family-owned businesses, VC/PE, etc.
  • Collaborates with other business partners to enhance each relationship and deliver a private bank experience. Looks holistically at every client to bring the full capabilities of the bank to each client.
  • Refers clients and prospects to Commercial Lending, Wealth Management, Treasury Services, Residential Lending, as appropriate, for purpose of cross-selling other Bank products and services.
  • Maintains an extensive knowledge of all deposit, lending and treasury management solutions to serve as a "trusted advisor" to our clients. Industry expertise in key verticals is preferred.
  • Assists Bank in meeting its goals of sales and service by providing highest level of client service, through an ongoing commitment to improvement in knowledge, productivity, and job efficiency.
  • Contributes to new product development designed to increase Bank's penetration of target clients and markets.
  • Participates in industry, community, and civic organizations/programs to market and promote Bank's products and services.
  • Prepares monthly sales tracking/call report, including documentation of client contacts and discussions and amount of additional deposit and loan activity generated by business development activities.
  • Keeps abreast of business climate and reports observations and recommendations that could impact general business decisions; seeks opportunities for Bank to improve its competitive position.
  • Other duties as assigned

Education and Experience
  • High school diploma or GED.
  • Bachelor's degree in business, finance, or related field preferred or equivalent combination of training and work experience.
  • Minimum 5+ years of private banking, commercial banking, or business development/sales experience in a client facing, sales role with successful outcomes in business development.
  • Regular in market site visits to prospect/client businesses required.
  • Strong knowledge of financial institution policies and procedures.
  • Must have the ability to clearly communicate information and ideas so others will understand.
  • Strong community ties and a proven track record of sales/business development success.

About Us
At Eastern Bank, we pride ourselves on supporting our employees by offering tremendous opportunity for individual growth. As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us. We are proud to offer comprehensive compensation plans and a benefits program called Total Rewards that includes medical, dental, vision, life and disability insurance, retirement, vacation and tuition reimbursement.
Eastern Bank is an equal opportunity employer. All job applicants will be considered for employment without regard to race, color, religious creed, national origin, sex, sexual orientation, gender identity, genetic information, military service, age, ancestry, or disability.
At Eastern Bank, we are dedicated to building a diverse, equitable, inclusive and authentic workplace. If you're excited about this role but your experience doesn't fully align with every qualification, we still encourage you to apply! You may be just the right candidate for this position or others across the company. Our Recruitment team is waiting to chat with YOU.

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