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Business Development Officer Jobs (NOW HIRING)

LoanBud, Inc

Business Development Officer

New York, NY · On-site

$100K - $200K/yr

Business Development Officer Location: New York, NY Salary Range: $100,000 - $200,000 (Base + Commission) Company Overview: LoanBud is a dynamic and growing company dedicated to empowering small ...

FVCBANK

Business Development Officer

Bethesda, MD · On-site

$95K - $130K/yr

Business Development Officer Department(s): Retail Reports to: SVP / Director of Business Development Job Summary Responsible for accomplishing management's marketing objectives of attracting new ...

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Business Development Officer

Chicago, IL · On-site

$70K - $90K/yr

About the Job The Business Development Officer is responsible for working directly with banks, business service organizations, associations, chambers of commerce, economic/community development ...

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Business Development Officer information

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$46.5K

$86.2K

$144.5K

How much do business development officer jobs pay per year?

As of Jun 9, 2026, the average yearly pay for business development officer in the United States is $86,227.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,500.00 and $98,000.00 per year, depending on experience, location, and employer.

What are some typical challenges Business Development Officers face when entering new markets?

Business Development Officers often encounter challenges such as understanding local regulations, adapting products or services to meet new customer needs, and building relationships with unfamiliar stakeholders. Navigating cultural differences and identifying the right partners or clients can also be complex. Successful officers leverage research, networking, and cross-functional collaboration to address these obstacles and drive market entry strategies.

What Is a Business Development Officer?

A business development officer is responsible for increasing company sales through marketing, research, and lead generation. As a business development officer, your job duties may include performing market research to improve products and services, identifying methods to increase productivity and company operations, and communicating potential changes with shareholders and other business leaders. The career typically requires a bachelor’s degree in business administration, marketing, or a related field and relevant work experience. Additional qualifications include excellent analytical, research, and communication skills, as well as leadership ability and business savvy.

What is the difference between Business Development Officer vs Sales Executive?

AspectBusiness Development OfficerSales Executive
Primary FocusIdentifying new business opportunities and strategic partnershipsClosing sales and meeting sales targets
Required SkillsMarket research, negotiation, strategic planningCommunication, persuasion, product knowledge
Work EnvironmentStrategic meetings, client negotiations, market analysisCustomer interactions, sales presentations, client follow-ups
Common CertificationsBusiness or marketing degrees, sales certificationsSales certifications, product-specific training

While both roles aim to grow company revenue, Business Development Officers focus on strategic partnerships and new markets, whereas Sales Executives concentrate on closing individual sales. Understanding these differences helps in choosing the right career path or hiring the appropriate professional for your business needs.

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

To thrive as a Business Development Officer, you need strong sales acumen, market research capabilities, and a degree in business or a related field. Familiarity with CRM software, data analysis tools, and lead generation platforms is commonly required. Excellent communication, negotiation, and relationship-building skills help distinguish top performers in this role. These competencies are crucial for identifying new business opportunities, driving revenue growth, and maintaining strong client partnerships.

What does a Business Development Officer do?

A Business Development Officer is responsible for identifying new business opportunities, building relationships with potential clients, and driving the growth of a company. They analyze market trends, develop strategies to increase revenue, and often collaborate with marketing and sales teams. Their goal is to expand the company's customer base and improve profitability by establishing partnerships and negotiating deals. Business Development Officers play a key role in setting the direction for business expansion and ensuring long-term success.
More about Business Development Officer jobs
What cities are hiring for Business Development Officer jobs? Cities with the most Business Development Officer job openings:
What are the most commonly searched types of Business Development Officer jobs? The most popular types of Business Development Officer jobs are:
Who are the top companies hiring for Business Development Officer jobs? The top employers for Business Development Officer jobs are:
What states have the most Business Development Officer jobs? States with the most job openings for Business Development Officer jobs include:
What are popular job titles related to Business Development Officer jobs? For Business Development Officer jobs, the most frequently searched job titles are:
Business Development Officer jobs near you
Infographic showing various Business Development Officer job openings in the United States as of May 2026, with employment types broken down into 96% Full Time, 1% Part Time, and 3% Contract. Highlights an 95% Physical, 1% Hybrid, and 4% Remote job distribution, with an average salary of $86,227 per year, or $41.5 per hour.

Business Development Officer

LoanBud, Inc

New York, NY • On-site

$100K - $200K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 24 days ago

Job description

Job Title: Business Development Officer
Location: New York, NY
Salary Range: $100,000 - $200,000 (Base + Commission)
Company Overview:
LoanBud is a dynamic and growing company dedicated to empowering small businesses through financial support. Our mission is to empower small-business owners by providing streamlined access to capital through SBA loans. We pride ourselves on our team-oriented colleagues, opportunities for growth, and a strong commitment to supporting the backbone of the economy - small businesses.
Role Specifics:
As a Business Development Officer at LoanBud, your primary responsibilities will include:
  • Developing and maintaining relationships with referral partners.
  • Actively prospecting, marketing, structuring, and originating new SBA loans.
  • Establishing and maintaining a network of referral sources to attract potential SBA borrowers.
  • Maintaining in-depth knowledge of SBA products and staying informed about competitors and competitive products.

Target Goals: Achieve a minimum funded volume of $1MM per month.
Client Focus: Assist small businesses nationwide in securing funding for their ventures.
Qualifications and Experience:
  • Preferred educational background: Bachelor's degree.
  • Minimum 3 years of experience in business lending or M&A.
  • Knowledge of SBA lending is a significant advantage.

Skills and Competencies:
  • Excellent communication and organizational skills.
  • Proficiency in sales persuasion, active listening, and time management.
  • Strong product knowledge and relationship-building skills.
  • Critical thinking and strategic planning abilities.
  • Familiarity with SBA loan programs and business loans.

Location and Travel Requirements:
  • This is an in-office position based in New York, NY.
  • Occasional travel for conferences and trade shows.

Compensation and Benefits:
  • Competitive base salary plus commission.
  • Bi-monthly commission based on funded loan volume.
  • Comprehensive benefits package including health, dental, and vision insurance.
  • Paid time off and 401(k) with company match.

Company Culture and Work Environment:
LoanBud offers a welcoming, collaborative, and innovative work environment. Our culture is fast-paced, friendly, and team-oriented, with a positive atmosphere. We are committed to internal growth and actively promote from within as the company expands.
Join LoanBud and contribute to our journey of empowering small businesses to gain access to capital. Your role as Lending Officer will be instrumental in shaping the future of our company and the success of our clients. Apply today to join our team and help us empower entrepreneurs.

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