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Business Development Financial Services Jobs (NOW HIRING)

$82.30K - $107.80K/yr

Financial support: Up to 3% 401(k) matching and financial advisory services * Team and community ... Strong business development skills with a track record of driving growth in a professional services ...

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Business Development Financial Services information

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$36.5K

$85.6K

$149K

How much do business development financial services jobs pay per year?

As of May 30, 2026, the average yearly pay for business development financial services in the United States is $85,602.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $100,000.00 per year, depending on experience, location, and employer.

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

A successful Business Development professional in Financial Services needs strong analytical abilities, financial acumen, and in-depth industry knowledge, often supported by a degree in finance, business, or a related field. Familiarity with CRM software, financial modeling tools, and regulatory compliance systems is typically required. Outstanding communication, negotiation skills, and relationship-building abilities help individuals excel in this client-facing role. These competencies are vital for identifying opportunities, building trust with clients, and driving sustainable growth in a highly competitive market.

How does a Business Development professional in Financial Services typically collaborate with other departments to achieve growth targets?

In Financial Services, Business Development professionals work closely with teams such as marketing, product development, compliance, and client relationship management. They coordinate with marketing to develop targeted campaigns, collaborate with product teams to tailor financial solutions for clients, and ensure all initiatives align with regulatory standards by involving compliance. Regular cross-functional meetings and strategic planning sessions are common, fostering a team-oriented environment where each department's expertise contributes to securing new business and expanding existing partnerships.

What are Business Development professionals in Financial Services?

Business Development professionals in Financial Services are responsible for identifying and pursuing new business opportunities, building relationships with clients, and driving the growth of financial products or services. They work with banks, investment firms, insurance companies, and other financial institutions to expand market share, create partnerships, and increase revenue. Their tasks often include market research, networking, negotiating deals, and developing strategies to meet organizational goals. These professionals play a key role in ensuring their company stays competitive in the evolving financial sector.

Is BDM a stressful job?

Business Development Managers (BDMs) in financial services often face stress due to targets, client demands, and market fluctuations. The role requires strong communication, negotiation skills, and the ability to manage multiple priorities, which can contribute to a high-pressure environment.

What does a BDM do in finance?

A Business Development Manager (BDM) in finance is responsible for identifying new business opportunities, building relationships with clients, and promoting financial products or services. They often analyze market trends, develop strategies to increase revenue, and collaborate with sales and marketing teams to achieve growth targets.

What is the difference between Business Development Financial Services vs Financial Advisor?

AspectBusiness Development Financial ServicesFinancial Advisor
Primary FocusGenerating new business opportunities and expanding client baseProviding personalized financial planning and investment advice
Required CredentialsSales, marketing, or financial industry knowledge; certifications like Series 7 or 63 may be helpfulCertifications such as CFP, CFA, or Series 7
Work EnvironmentCorporate offices, client meetings, networking eventsOne-on-one client meetings, financial planning sessions
Employer & Industry UsageFinancial services firms, banks, investment companiesIndependent or firm-based financial planning firms, banks

While both roles operate within the financial industry, Business Development Financial Services focuses on acquiring new clients and expanding business, whereas a Financial Advisor concentrates on providing tailored financial advice to existing clients. Understanding these differences helps clarify career paths and employer expectations in the financial sector.

More about Business Development Financial Services jobs
What states have the most Business Development Financial Services jobs? States with the most job openings for Business Development Financial Services jobs include:
Infographic showing various Business Development Financial Services job openings in the United States as of May 2026, with employment types broken down into 80% Full Time, 17% Part Time, and 3% Contract. Highlights an 90% Physical, 1% Hybrid, and 9% Remote job distribution, with an average salary of $85,602 per year, or $41.2 per hour.
Business Development Associate

Business Development Associate

Focus Financial Partners

Scottsdale, AZ • On-site

$60K/yr

Other

Medical, Dental, Vision, Life, Retirement

Posted 2 hours ago


Job description

Position Summary

The Business Development Associate plays a crucial role by providing sales support to the Business Development team, furthering the Focus Partners Wealth brand by delivering an outstanding client experience and helping to drive growth and success for the firm within the firm's custodial referral network programs.

Primary Responsibilities

  • Engage with Financial Consultants (FCs) as well as the end-clients through proactive outreach & ongoing communication.
  • Provide ongoing sales support to the Business Development Team including but not limited to: scheduling, prospecting, marketing, event coordination, and analytics.
  • Utilize CRM and other technologies for all data entry and internal workflow: pipeline & task management, and ongoing client communications.
  • Coordinate across business lines with Financial Consultants, Business Development Team and Advisor Teams.

Basic Qualifications

  • 2 years administrative work experience (including internships); financial services experience is a plus.
  • Associate or bachelor's degree required. 
  • Proficiency in Microsoft Suite.
  • Experience with CRM system; Salesforce preferred.
  • Strong attention to detail, communication, problem-solving, and analytical skills.
  • Excellent written and verbal communication skills.
  • Ability to multi-task under pressure, work independently, and work in a team environment.
  • Self-starter, energetic, and assertive.
  • Versatility, flexibility, and an ability to work within constantly changing priorities with enthusiasm.

The annualized base pay range for this role is expected to be $60,000. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed, and the applicant's skill set.  The base pay is just one component of the total compensation package for employees.  Other rewards may include an annual cash bonus and a comprehensive benefits package, including but not limited to medical, dental, vision, life insurance, and 401(k). Please note that the job title is subject to change based on the selected candidate's experience and education.

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