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Business Development Jobs in Westerly, RI (NOW HIRING)

Associate, Corporate Development

Carolina, RI · On-site +1

$70K - $90K/yr

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Experience: direct experience in M&A origination, business development, enterprise software sales or highticket B2B sales. Experience in M&A/VC/PE, investment banking or management consulting is an ...

Manage assigned branch toward a strong economic performanceincludingachieving branch goals and budgets; community relations and new business development; staffing branch operations; supervising and ...

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Business Development information

See Westerly, RI salary details

$36.8K

$86.2K

$150.1K

How much do business development jobs pay per year?

As of Aug 13, 2026, the average yearly pay for business development in Westerly, RI is $86,230.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,400.00 and $100,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a business development professional, and why are they important?

To thrive as a Business Development professional, you need strong market research skills, sales acumen, networking ability, and typically a degree in business or a related field. Familiarity with CRM software, data analysis tools, and lead generation platforms is often required. Exceptional communication, negotiation, and relationship-building skills help you stand out in this role. These skills are crucial for identifying growth opportunities, forging strategic partnerships, and driving revenue for the organization.

What is business development?

Business development refers to the strategies, activities, and processes that organizations use to grow and expand their business. This can include identifying new markets, forming partnerships, generating leads, and creating long-term value for the organization. Professionals in business development often work closely with sales, marketing, and product teams to drive growth and increase revenue. Their role is crucial for helping companies find new opportunities and stay competitive in the market.

What jobs are in business development?

Business development jobs are available in most industries. They include specialists, associates, coordinators, sales and executive positions, advisors, and various seniority levels (President, VP, etc.) based on the size of the company. There are also consultant positions if you prefer to be an independent contractor. Entry to mid-level positions require 1-5 years of experience and include representatives, associates, and specialists who focus on increasing sales. Senior level positions include directors, managers, and presidents, which require in-depth knowledge of your chosen industry and 5-10 years of proven sales success.

What are some common challenges faced by business development professionals when entering new markets?

Business development professionals often encounter challenges such as understanding local customer needs, navigating unfamiliar regulations, and building new relationships in untapped markets. They must adapt strategies to fit cultural differences and market dynamics, which may require additional research and flexible thinking. Collaborating with local teams, leveraging existing networks, and staying updated on market trends can help overcome these obstacles and pave the way for successful market entry.

What do you do as a business development?

A business development professional identifies growth opportunities, builds relationships with potential clients or partners, and develops strategies to expand a company's market presence. They often conduct market research, negotiate deals, and collaborate with sales and marketing teams to achieve revenue goals.

What is the difference between Business Development vs Sales?

AspectBusiness DevelopmentSales
Primary FocusIdentifying new market opportunities and partnershipsClosing deals and generating revenue
Work EnvironmentStrategic planning, market research, relationship buildingClient meetings, negotiations, direct selling
Required SkillsNetworking, strategic thinking, industry knowledgeCommunication, persuasion, product knowledge
Common CertificationsBusiness development certifications, MBA often preferredSales certifications, product-specific training

While both roles aim to grow the company's revenue, Business Development focuses on creating strategic partnerships and exploring new markets, whereas Sales concentrates on closing deals with clients. Understanding these differences helps in choosing the right career path or hiring the appropriate professional for your business needs.

What are the most commonly searched types of Business Development jobs in Westerly, RI? The most popular types of Business Development jobs in Westerly, RI are:
What job categories do people searching Business Development jobs in Westerly, RI look for? The top searched job categories for Business Development jobs in Westerly, RI are:
What cities near Westerly, RI are hiring for Business Development jobs? Cities near Westerly, RI with the most Business Development job openings:
Infographic showing various Business Development job openings in Westerly, RI as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 17% Part Time, and 3% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $86,230 per year, or $41.5 per hour.

Director Business Dev Officer-Cap Equip Finance/Sponsors (Remote) NY, NY, NC, TX, IL

First Citizens Bank

Carolina, RI • On-site, Remote

$175K - $200K/yr

Full-time

Posted 7 days ago


First Citizens Bank rating

7.4

Company rating: 7.4 out of 10

Based on 106 frontline employees who took The Breakroom Quiz

107th of 171 rated banks


Job description

Overview

This is a Remote role with the expectation that time working will regularly take place inside and outside of an office.  NY, NJ, Chicago, NC, TX.

First Citizens Bank - Capital Equipment Finance (CEF) provides equipment loans and leases for transactions ranging in size from $3 million to $100 million and more. We offer flexible structures and terms of up to eight years (amortizations can be longer), with advance rates tailored to the collateral type, industry type and the credit profile of the borrowers. The CEF business unit targets clients with credit profiles ranging from B to BB+, in general.

The Director, Business Development Officer directly originates lease and loan transactions through Sponsors for Capital Equipment Finance and Sixty-First Commercial Finance. Focus on directly originating transactions for Sponsor backed companies of $3MM to $100MM with credit profiles that meet CEF's risk and pricing standards and credit profiles that meet Sixty-First Commercial Finance risk and Pricing standards.


Responsibilities
  • Cross sell other First Citizens bank products through internal referrals
  • Interface with C Suite level executives and Sponsor referral sources.
  • Solicit and origination transactions across multiple equipment types and industries including; construction, manufacturing - discrete and process, automotive, energy, transportation, chemicals and plastics, inland marine.
  • Act as deal advocate using strong credit skills in working with the underwriting teams to facilitate transactions through closing.

Qualifications

Required:

Bachelor's Degree and 8 years of experience in Direct and Indirect originations of transactions ranging from $3MM to $100MM OR High School Diploma or GED and 12 years of experience in Direct and Indirect origination Sponsor referred transactions ranging from $3MM to $100MM

Preferred:

  • BA in Business or Economics
  • Understanding of all market deal structure
  • Member of the ELFA

 Other:

  • Strong network and relationships with Sponsors
  • Structured Finance experience
  • Strong sales skills and strong credit skills and strong transaction structuring skills
  • Strong interpersonal skills both written and verbal
  • Strong negotiating skills
  • Strong technology skills

The base pay for this position is generally between $175,000.00 and $200,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Qualifications:

Required:

Bachelor's Degree and 8 years of experience in Direct and Indirect originations of transactions ranging from $3MM to $100MM OR High School Diploma or GED and 12 years of experience in Direct and Indirect origination Sponsor referred transactions ranging from $3MM to $100MM

Preferred:

  • BA in Business or Economics
  • Understanding of all market deal structure
  • Member of the ELFA

 Other:

  • Strong network and relationships with Sponsors
  • Structured Finance experience
  • Strong sales skills and strong credit skills and strong transaction structuring skills
  • Strong interpersonal skills both written and verbal
  • Strong negotiating skills
  • Strong technology skills

The base pay for this position is generally between $175,000.00 and $200,000.00. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

Education:UNAVAILABLEEmployment Type: FULL_TIME

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