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Business Development Officer Jobs (NOW HIRING)

World Bank

Business Development Officer

Washington, DC · On-site

The Business Development Officer will drive this effort - identifying business needs, strengthening local vendor networks, and ensuring regional hubs are equipped with the tools, skills, and systems ...

LOANBUD INC

Business Development Officer

Orangeburg, SC

$100K - $200K/yr

As a Business Development Officer at LoanBud, your primary responsibilities will include: * Developing and maintaining relationships with referral partners. * Actively prospecting, marketing ...

Apply Early

LOANBUD INC

Business Development Officer

Orangeburg, SC

$100K - $200K/yr

As a Business Development Officer at LoanBud, your primary responsibilities will include: * Developing and maintaining relationships with referral partners. * Actively prospecting, marketing ...

Apply Early

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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 Jul 2, 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.

Is being a BDM a stressful job?

Business Development Officers often face stress due to targets, client negotiations, and maintaining relationships. The role requires strong communication, time management, and resilience, especially in competitive markets. However, workload and stress levels can vary depending on the company and industry environment.

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.

Is a BDR an entry level role?

A Business Development Officer (BDR) role is often considered entry level or early-career, focusing on lead generation, outreach, and building client relationships. However, requirements can vary by company, with some roles requiring prior sales or industry experience and skills in communication and CRM tools.

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.

What is the role of a business development officer?

A business development officer is responsible for identifying growth opportunities, building relationships with potential clients or partners, and developing strategies to increase revenue. They often conduct market research, create sales pitches, and collaborate with marketing and sales teams to achieve business goals. Strong communication, negotiation skills, and industry knowledge are essential for this role.

What is the highest salary in BDE?

The highest salary for a Business Development Officer can vary based on experience, industry, and location, but senior-level BDEs in top companies can earn over $100,000 annually, including bonuses and commissions. Factors such as skills in sales, negotiation, and client management influence earning potential.
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Who are the top companies hiring for Business Development Officer jobs? The top employers for Business Development Officer jobs are:
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Business Development Officer jobs near you
Infographic showing various Business Development Officer job openings in the United States as of June 2026, with employment types broken down into 82% Full Time, 15% Part Time, and 3% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $86,227 per year, or $41.5 per hour.

Business Development Officer

Port 51 Lending

Manhattan, NY • On-site

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago

Job description

Port 51 Lending ("Port 51") is a nationwide non-bank lender in the SBA market, majority owned by MassMutual Insurance. Port 51 has already funded in excess of $150 million in 7(a) loans year to date and seeking exceptional candidates to join our growing team! Our SBA Business Development Officer ("BDO") will identify, solicit and close new SBA loans through their robust business development activity with an emphasis is Owner Occupied Real Estate Lending. The BDO is responsible for new business development, quality loan submissions and all aspects of deal flow.  This job can be remote or in-person in our NYC office. 


Essential Duties and Responsibilities 

  • Understand what differentiates Port 51 and develop a unique sales approach that supports our small business lending activity.
  • Strong time management, planning and organizational skills including ability to work independently and remotely.
  • Apply state of the art technology to support best-in-class customer service.
  • Conduct business development activities to meet business and individual funding goals.
  • Build and maintain a network of referral sources able to bring potential SBA borrowers to our company. Referral sources will include realtors, CPA's, attorneys, mortgage brokers, business brokers, bankers, franchises, etc.
  • Obtain and prepare required application/financial information from borrowers to facilitate underwriting and closing along with appropriately executed documentation.
  • Maintain a working knowledge of requirements for documentation and regulations relating to SBA 7(a) lending and all SBL policies and procedures.
  • Represent Port 51 with honesty and integrity while delivering high levels of customer service in all interactions.

Job Requirements


The requirements listed below are representative of the knowledge, skill and/or ability required.  

  • Bachelor's degree in business, finance, economics or other related experience
  • Minimum 3-5 years SBA 7(a) business development experience
  • Demonstrated track record of SBA 7(a) loan production
  • Ability to protect and maintain confidential information
  • Strong local market presence and centers of influence
  • Excellent written and verbal communication skills
  • Excellent organizational skills
  • Proficiency with computers and related software

Salary/Benefits


We offer a competitive package of compensation and benefits, including: 

  • Base Salary plus Commission
  • Medical, Dental and Vision Insurance
  • Life Insurance
  • Flexible Spending Accounts
  • Paid Vacation, Personal Time Off and Holidays
  • 401(k) with matching employer contribution

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