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Small Business Development Jobs (NOW HIRING)

English (Required) Work Shift: 1st shift (United States of America) Please review the following The Small Business Development Executive is a highly visible leadership role responsible for building ...

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Small Business Development information

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$36.5K

$85.6K

$149K

How much do small business development jobs pay per year?

As of Jul 19, 2026, the average yearly pay for small business development 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 is the difference between Small Business Development vs Business Consultant?

AspectSmall Business DevelopmentBusiness Consultant
CredentialsTypically requires a degree in business, entrepreneurship, or related fields; certifications like SBA or SCORE are commonOften holds degrees in business or management; certifications vary based on specialization
Work EnvironmentUsually works within small businesses, government agencies, or non-profits to support growthWorks across industries, providing strategic advice to organizations or individuals
Employer & Industry UsageUsed by government programs, non-profits, and small business support organizationsEmployed by consulting firms, or as independent advisors across various sectors

Small Business Development focuses on helping small businesses grow through planning, funding, and resource assistance, often within government or non-profit settings. Business Consultants provide strategic advice across industries, addressing broader organizational challenges. While both roles require business knowledge and certifications, their work environments and client focus differ significantly.

What is small business development?

Small business development refers to the process of supporting and guiding entrepreneurs and small business owners to start, grow, and sustain their businesses. This often involves providing resources such as business planning, access to funding, mentoring, training, and networking opportunities. Organizations and professionals in small business development help businesses overcome challenges, foster innovation, and contribute to local economic growth. Their services can be critical for navigating regulations, securing grants or loans, and building long-term success.

What are the key skills and qualifications needed to thrive in Small Business Development, and why are they important?

To thrive in Small Business Development, you need expertise in business planning, financial analysis, and market research, often supported by a degree in business administration or a related field. Familiarity with CRM software, financial modeling tools, and basic accounting systems is typically required. Strong networking, problem-solving, and communication skills help build client relationships and drive business growth. These skills are essential for identifying opportunities, making informed decisions, and supporting the long-term success of small businesses.

What are some common challenges faced in a Small Business Development role, and how can I prepare for them?

Professionals in Small Business Development often face challenges such as identifying viable growth opportunities, building relationships with diverse clients, and navigating limited resources or budgets. To prepare, it's helpful to develop strong analytical skills for market research, refine your communication abilities for effective networking, and stay adaptable in a fast-paced environment. Collaboration with marketing, finance, and operations teams is common, so being a proactive team player and willing to learn from others will set you up for success.
More about Small Business Development jobs
What cities are hiring for Small Business Development jobs? Cities with the most Small Business Development job openings:
What states have the most Small Business Development jobs? States with the most job openings for Small Business Development jobs include:
Infographic showing various Small Business Development job openings in the United States as of July 2026, with employment types broken down into 83% Full Time, 15% Part Time, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $85,602 per year, or $41.2 per hour.
Small Business Development Executive

Small Business Development Executive

Truist

Charlotte, NC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Truist rating

8.0

Company rating: 8.0 out of 10

Based on 116 frontline employees who took The Breakroom Quiz

58th of 149 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:The Small Business Development Executive is a highly visible leadership role responsible for building and leading Truist's Small Business "BDO" organization. This executive will establish and scale a specialized, high-performing sales team focused primarily on acquiring new Small Business clients, accelerating market growth, and expanding Truist's presence across its geographic footprint.
The role serves as the senior market-facing leader responsible for developing and executing client acquisition strategies across Small Business, Branch Banking, emerging Business Banking, Commercial Banking, and key product partners.
The executive will own geographic "BDO" market performance, create strong partnerships across the enterprise, and ensure a coordinated "One Truist" approach to identifying, acquiring, onboarding, and deepening relationships with new business clients.
The clients won through the "BDO" model will transition to the Business Connect team once embedded and will serve as a key driver of future core Small Business success.
This leader will be responsible for developing a disciplined sales culture centered on prospecting, referral generation, Centers of Influence (COI) development, market coverage, pipeline management, and integrated relationship management.
Success will be measured by new client acquisition, deposit growth, lending production, revenue generation, client retention, and overall market share expansion in "BDO" markets.

Key Responsibilities


New Client Acquisition & Market Expansion
Build and lead a specialized Small Business Development team focused on acquiring new Small Business clients and generating profitable growth.
Develop and execute market-specific strategies to increase client acquisition, market penetration, and wallet share.
Establish disciplined prospecting, calling, referral generation, and business development routines across the organization.
Build Centers of Influence (COI) networks, community relationships, and strategic partnerships that generate sustainable prospect pipelines.
Drive execution of sales campaigns and growth initiatives aligned to Small Business strategic objectives.


"BDO" Market Leadership
Serve as the primary owner of assigned geographic markets for Small Business acquisition and growth beginning with Atlanta and Dallas.
Develop strong partnerships with Regional Presidents, Market Presidents, Branch Banking leaders, Commercial Banking leaders, and product executives.
Lead market planning activities to identify opportunities, assess competitive positioning, and allocate resources to maximize growth.
Ensure coordination across Small Business, Commercial Banking, Branch Banking, Wealth, Treasury Solutions, Insurance, and Capital Markets to deliver a seamless client experience.
Act as the market's BDO escalation point for significant client opportunities and strategic relationships.


Sales Leadership & Team Development
Recruit, develop, coach, and retain a best-in-class sales force capable of achieving aggressive growth objectives.
Create a high-performance culture emphasizing accountability, execution excellence, and client-focused relationship development.
Establish performance scorecards, sales management routines, forecasting disciplines, and pipeline governance.
Provide ongoing coaching and development to sales leaders and individual contributors.
Drive adoption of consultative sales practices, integrated relationship management, and lifecycle advisory approaches.


Commercial & Emerging Commercial Integration
Partner closely with Small Business leaders - especially Head of Geographic Coverage, Commercial Banking and Branch teams to create effective client coverage and migration strategies.
Identify fast-growing Small Business clients that may benefit from Commercial Banking, Treasury, Consumer, Premier and Wealth
Ensure seamless client transitions as businesses grow while maintaining a consistent Truist relationship experience.

Financial Performance & Revenue Growth
Own delivery of client acquisition goals, deposit growth, loan growth, fee income, and revenue targets.
Drive balanced performance across deposits, lending, treasury management, merchant services, wealth referrals, insurance referrals, and other strategic product solutions.
Monitor sales pipeline, conversion rates, productivity metrics, and market-level performance indicators.
Ensure efficient deployment of resources to maximize growth and profitability.
Risk Management & Governance
Promote a strong risk culture while enabling responsible growth.
Ensure compliance with all regulatory, credit, operational, and policy requirements.
Partner closely with Risk, Compliance, Credit, and Lending teams to maintain sound governance and portfolio quality.
Establish management routines that monitor performance, risk, and client outcomes.


Qualifications
Required Qualifications


Bachelor's degree in Business, Finance, Economics, Accounting, or related field.
15+ years of Business Banking, Small Business, Commercial Banking, or Financial Services experience.
Demonstrated success building and leading high-performing sales organizations.
Proven track record driving client acquisition, revenue growth, and market expansion.
Experience leading geographically dispersed teams and influencing across matrixed organizations.
Strong understanding of business lending, deposits, treasury management, and relationship banking.
Exceptional communication, executive presence, and relationship management skills.
Ability to influence senior leaders across multiple business segments.
Experience developing and executing strategic growth plans.


Preferred Qualifications
MBA or advanced business degree.
Formal credit training and commercial lending experience.
Deep knowledge of Small Business and Commercial Banking client segments.
Experience leading large-scale sales transformation or market expansion initiatives.
FINRA licenses or ability to obtain if required for specific business responsibilities.
Experience working across Small Business and Branch Banking.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work


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About Truist

Sourced by ZipRecruiter

Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019