at J.P. Morgan
Bulge Bracket Investment BanksPosted 2 months ago
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The Business Development Executive will lead client acquisition and growth efforts for Middle Market Banking in the region, focusing on building and retaining profitable commercial banking relationships. The role partners closely with Banking, Credit, Treasury, Asset Management and Investment Bank colleagues to introduce product capabilities and cross-sell solutions. Responsibilities include mentoring the banking team, driving prospecting and marketing activities, and ensuring revenue generation while managing risk and compliance. Strong relationship-building, negotiation, and communication skills are required.
- Compensation
- Not specified
- City
- Los Angeles
- Country
- United States
Currency: Not specified
Full Job Description
Location: Los Angeles, CA, United States
You are customer focused, enjoy building relationships and bringing in new clients. A role as a Business Development Executive is for you.
As a Business Development Executive in Mid-Corporate Banking, you will be responsible for growing and retaining profitable relationships, while championing a culture of innovation and a customer centric mindset.
Reporting to the Region Manager you will be responsible for leading the business development efforts for Middle Market Banking in the region. Your primary role will be to help grow the business through client acquisition. You will be responsible for identifying and qualifying prospects and introducing our banking team, credit staff and other product partners as appropriate. This role is an opportunity to showcase your experience in business development, your ability to work independently, and your excellent partnership and marketing skills.
Job Responsibilities
- Partner closely with Banking, Credit, Treasury and Service partners, as well as Asset Management and Investment Bank colleagues, to introduce our prospects to our product capabilities
- Propel top line revenues while maximizing efficiency for the business, with a keen eye towards risk mitigation and compliance
- Serve as mentor and coach to the banking team and lead the region’s prospecting activities. This may include cross-selling of existing clients when appropriate
- Measure success by your effectiveness in many marketing areas, including but not limited to: calling activity, proposal generation, revenue generation, risk mitigation, ability to build successful relationships with centers of influence, and propensity to help build the franchise for the long term
Required Qualifications, Capabilities and Skills
- 10 years of direct client management, lending, credit support, or similar industry related experience
- FINRA Series 63, 79 and Securities Industry Essentials licenses required or ability to obtain licenses within 180 days of hire
- Extensive knowledge of Commercial Banking products and services
- Experience in cross-selling products, and a track record of meeting or exceeding sales goals
- Strong business development skills; including tactical selling and negotiation
- Ability to partner well; i.e., develop and maintain positive and productive internal relationships with product partners, credit executives, senior management, client service, etc.
- Excellent verbal and written communication skills - including proposal writing and public speaking
Preferred Qualifications, Capabilities and Skills
- Bachelors degree preferred
- Formal bank credit training is preferred
- Strong creative solution and problem solving skills
FEDERAL DEPOSIT INSURANCE ACT:
This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase’s review of criminal conviction history, including pretrial diversions or program entries.
