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New Business Development Officer Jobs (NOW HIRING)

Fnbcorp

Business Development Officer 2

Owings Mills, MD

$94K - $156K/yr

Business Development Officer 2 Business Unit: Small Business Banking Reports To: Varies Based on ... Develops new small business relationships and services current small business loan and deposit ...

Capital Access Corporation-Kentucky

Be Seen First

Business Development Officer

Louisville, KY · On-site

Business Development Officer - SBA 504 Lending Location: Kentucky (Statewide Travel Required) Position Summary We are seeking a motivated, relationship-driven Business Development Officer to join our ...

US Bank

FX Business Development Officer

Minneapolis, MN · On-site

Try new things, learn new skills and discover what you excel at-all from Day One. Reporting to the Head of Consumer & Business Banking Foreign Exchange (CBB FX), the FX Business Development Officer ...

LOANBUD INC

Business Development Officer

Manhattan, NY · On-site

$100K - $200K/yr

As a Business Development Officer at LoanBud, your primary responsibilities will include ... Actively prospecting, marketing, structuring, and originating new SBA and other business loans.

LOANBUD INC

Business Development Officer

Manhattan, NY · On-site

$100K - $200K/yr

As a Business Development Officer at LoanBud, your primary responsibilities will include ... Actively prospecting, marketing, structuring, and originating new SBA and other business loans.

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How much do new business development officer jobs pay per year?

As of Sep 11, 2026, the average yearly pay for new 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 does a new business development officer do?

A New Business Development Officer is responsible for identifying and pursuing new business opportunities to help a company grow. This involves researching potential markets, establishing relationships with prospective clients, and developing strategies to generate leads and close deals. They often collaborate with sales, marketing, and product teams to create proposals and presentations that attract new clients. Ultimately, their goal is to increase the company's revenue and market presence by securing new partnerships and contracts.

What are the key skills and qualifications needed to thrive as a new business development officer?

To thrive as a New Business Development Officer, you need strong sales acumen, market research abilities, and a proven track record in identifying and securing new business opportunities, often supported by a degree in business or a related field. Familiarity with CRM software, sales analytics tools, and lead generation platforms is typically required. Excellent communication, negotiation, and relationship-building skills help you stand out in this role. These competencies are crucial for driving revenue growth, establishing strategic partnerships, and ensuring the long-term success of the organization.

What are common challenges faced by new business development officers, and how can they be addressed?

New Business Development Officers often face challenges such as identifying high-potential leads in competitive markets, building trust with prospective clients, and balancing multiple projects simultaneously. Staying proactive with research, leveraging CRM tools, and maintaining strong communication with both internal teams and prospects can help overcome these hurdles. Additionally, regularly collaborating with marketing and product departments ensures that proposals and pitches are aligned with company capabilities and market needs.

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

AspectNew Business Development OfficerSales Executive
Primary FocusIdentifying and securing new business opportunitiesClosing sales and maintaining client relationships
Required SkillsMarket research, lead generation, strategic planningSales techniques, negotiation, product knowledge
Work EnvironmentBusiness development teams, marketing departmentsSales teams, client-facing roles
Common CertificationsBusiness development certifications, sales trainingSales certifications, product-specific training

While both roles aim to increase revenue, the New Business Development Officer focuses on exploring new markets and opportunities, whereas the Sales Executive concentrates on closing deals and maintaining customer relationships. Understanding these differences helps in choosing the right career path or hiring strategy.

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New Business Development Officer jobs near you

Business Development Officer

Los Angeles, CA • On-site

Westmount Partners LLC
Finance and Insurance • 11 - 50 employees
Learn more about Westmount Partners LLCexternal

Full-time

Re-posted 2 days ago

Job description

Responsibilities
The primary responsibilities of this position include developing new client relationships through any existing channels of business, networking with centers of influence (CPAs, trust attorneys, pension administrators), and working with the firm’s custodial referral program.


Business Development Officer will work in tandem with the firm’s Advisors in managing client relationships, which will include developing investment strategy, reviewing portfolio allocations and performance, and creating and reviewing financial plans.


Qualifications
• Bachelors degree, 5+ years investment experience and 10+ years professional experience.
• Highly motivated and personable.
• Strong track record of developing and retaining business.
• Outstanding verbal communication and presentation skills.
• Direct experience and a solid understanding of the investment advisory industry.
• Desirable: CFP designation, existing relationships with centers of influence, transferable book of business.


Interested candidates should send their resume to careers@westmount.com.