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Vice President Business Development Jobs in Springfield, MA

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Vice President Business Development information

See Springfield, MA salary details

$61.8K

$160K

$262.6K

How much do vice president business development jobs pay per year?

As of Aug 18, 2026, the average yearly pay for vice president business development in Springfield, MA is $160,029.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,600.00 and $192,300.00 per year, depending on experience, location, and employer.

What does a vice president of business development do?

A Vice President of Business Development is responsible for identifying and pursuing new business opportunities to drive company growth. They develop strategic partnerships, oversee sales and business development teams, and create strategies to expand into new markets. This role involves building relationships with potential clients, negotiating deals, and collaborating with other executives to align business development goals with the overall company strategy.

How does a vice president of business development typically collaborate with other executive leaders within an organization?

A Vice President of Business Development frequently works alongside other executive leaders, such as the CEO, CFO, and heads of Marketing and Product, to align growth strategies with overall business objectives. This collaboration often involves participating in strategic planning sessions, sharing market insights, and jointly evaluating partnership or acquisition opportunities. Effective communication and cross-functional teamwork are essential, as the VP of Business Development must ensure that new initiatives are fully integrated and supported across multiple departments. This cooperative approach not only strengthens project outcomes but also helps unify the organization's direction toward long-term goals.

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

To thrive as a Vice President of Business Development, you need a strong background in sales strategy, market analysis, and relationship management, typically supported by a bachelor's or master's degree in business or a related field. Experience with CRM software (like Salesforce), data analytics tools, and contract negotiation is often required. Exceptional leadership, communication, and networking skills help drive strategic partnerships and motivate cross-functional teams. These competencies are essential for identifying growth opportunities, securing key deals, and ensuring sustained business expansion.

What is the difference between Vice President Business Development vs Director of Business Development?

AspectVice President Business DevelopmentDirector of Business Development
ResponsibilitiesStrategic planning, high-level partnerships, overseeing teamsExecuting business growth strategies, managing client relationships
Experience & CredentialsTypically 10+ years, leadership experience, advanced degree5-10 years, relevant industry experience, bachelor's or master's degree
Work EnvironmentExecutive meetings, strategic planning sessionsClient meetings, team management, project execution
Industry UsageCommon in large corporations and enterprisesWidely used across industries, especially in mid-sized companies

The Vice President Business Development focuses on high-level strategic initiatives and leadership, while the Director of Business Development handles day-to-day execution and client relationships. Both roles require extensive experience, but the VP is more involved in strategic planning and oversight.

What are the most commonly searched types of Business Development jobs in Springfield, MA?

The most popular types of Business Development jobs in Springfield, MA are:

What job categories do people searching Vice President Business Development jobs in Springfield, MA look for?

The top searched job categories for Vice President Business Development jobs in Springfield, MA are:

What cities near Springfield, MA are hiring for Vice President Business Development jobs?

Cities near Springfield, MA with the most Vice President Business Development job openings:

Vice President Business Development jobs near you
Infographic showing various Vice President Business Development job openings in Springfield, MA as of July 2026, with employment types broken down into 81% Full Time, 17% Part Time, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $160,029 per year, or $76.9 per hour.

VP, Business & Government Deposit Services Sales Officer

Westfield Bank

West Hartford, CT

$97K - $146K/yr

Full-time

Posted 22 days ago

Job description

Position: VP, Business and Government Deposit Services Sales Officer

Department: Branch Administration

Job Status: Full-Time

FLSA Status: Exempt

Grade: 13

Reports to: VP, Business & Government Deposit Services Sales Manager

Amount of Travel Required: Frequent travel

Positions Supervised: N/A

POSITION SUMMARY

Responsible for outside sales and business development efforts, focusing on building and growing deposit relationships with the businesses, nonprofits and government entities in Connecticut.-Penetrates markets and develops new relationships by calling on present and prospective customers as well as referrals and cross selling. Maintains and manages current customers with balances above an established threshold and is responsible for maintaining the overall relationship. The individual will meet certain monthly goals.

ESSENTIAL FUNCTIONS

  • Manages current and new customer relationships, with emphasis on growing the BGDS portfolio.
  • Develop and execute a consistent outside sales and networking strategy to win new deposit relationships.
  • Develop, grow and maintain municipal banking relationships within the Connecticut market.
  • Extensive knowledge of all deposit and cash management products.
  • Makes business calls to sell and market all bank products.
  • Makes business calls with Retail Banking Team, Commercial Lenders and other business partners.
  • Identifies sales opportunities through needs-based assessments, campaigns, prospecting and marketing lists and makes referrals to other departments, accordingly.
  • Attains established individual goals through active participation in sales management and officer calling programs.
  • Identifies possible opportunities and innovations for increased profitable commercial business.
  • Develops commercial business and contributes to the bank’s deposit growth strategies by cross selling bank products and services.
  • Ensures that all commercial customers maintain balances to offset applicable services provided. Discusses monthly analysis statements with assigned customers, while providing them with a high level of technical assistance and a superior level of customer service.
  • Responds to RFP (Request for Proposal) issued by potential customers and assists Cash Management Operations staff with preparation of presentation response.
  • Keeps abreast of legislation governing the commercial fields and ensures compliance with both bank policies and government guidelines.
  • Attends seminars, meetings and events sponsored by the bank, trade organizations, and other entities.
  • Participates in the business community by participation in various organizations as approved by the Bank.
  • Must complete BSA, AML, and other Regulatory and Continuing Education as assigned.
  • Must adhere to all bank and regulatory policies and procedures specific to position.
  • Performs additional duties as requested.

POSITION QUALIFICATIONS

Competencies

  • Business Development
  • Communication
  • Customer Relations
  • Decision-Making/Judgment
  • Sales Results
  • Sales Skills & Activity

Education/Experience/Skills & Abilities

  • Bachelor’s Degree in Business Administration or related field or equivalent experience.
  • 5-8 years business development and sales experience.
  • Strong knowledge and understanding of bank deposit and cash management products.
  • Municipal Banking experience preferred.

PHYSICAL DEMANDS

Physical Demands

Stand: F (Frequently)

Walk: F (Frequently

Sit: F (Frequently)

Handling / Fingering: F (Frequently)

Reach Outward : F (Frequently)

Reach Above Shoulder: O (Occasionally)

Climb: O (Occasionally)

Crawl: N (Not Applicable)

Squat or Kneel: O (Occasionally)

Bend: O (Occasionally)

Lift/Carry

10 lbs or less: O (Occasionally)

11-20 lbs: O (Occasionally)

21-50 lbs: N (Not Applicable)

51-100 lbs: N (Not Applicable)

Over 100 lbs: N (Not Applicable)

Push/Pull

12 lbs or less: N (Not Applicable)

13-25 lbs: N (Not Applicable)

26-40 lbs: N (Not Applicable)

41-100 lbs: N (Not Applicable)

N (Not Applicable) Activity is not applicable to this occupation.

O (Occasionally) Occupation requires this activity up to 33% of the time (0-2.5+ hrs/day)

F (Frequently) Occupation requires this activity from 33%-66% of the time (2.5-5.5+ hrs/day)

C (Constantly) Occupation requires this activity more than 66% of the time (5.5+ hrs/day)

Other Physical Requirements

None

Westfield Bank has reviewed this job description to ensure that essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

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