Business Development Officer (BDO)-Deposits
Company: gpac
Location: Minneapolis
Posted on: June 24, 2025
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Job Description:
"Is it just me, or do deposits seem to grow every time you're
around?" About Us: Our bank is a leading financial institution
committed to providing exceptional banking services and innovative
financial solutions to our customers. We are seeking a highly
skilled and motivated Business Development Officer (BDO) with a
strong focus on deposits to join our dynamic team. Job Summary: The
Business Development Officer (BDO) will be responsible for
managing, maintaining, and growing existing loan and deposit
portfolios, as well as identifying, developing, and managing new
business opportunities to increase the bank's deposit base. The
ideal candidate will have a proven track record in business
development within the banking industry, with a strong emphasis on
deposit growth. This role requires excellent interpersonal skills,
a deep understanding of banking products, and the ability to build
and maintain strong relationships with clients. Key
Responsibilities for Business Development Officer: Develop and
execute strategies to attract new deposit clients and grow the
bank's deposit base. Manage, maintain, and grow existing loan and
deposit portfolios. Identify and pursue new business opportunities
within a specific target market through networking, referrals, and
market research. Increase and optimize customer relationships by
cross-selling other bank services. Build and maintain strong
relationships with existing and potential clients, understanding
their financial needs and providing tailored solutions. Collaborate
with internal teams to ensure seamless service delivery and client
satisfaction. Conduct presentations and meetings with clients to
promote deposit products and services. Stay informed about market
trends, competitor activities, and regulatory changes to identify
opportunities and mitigate risks. Achieve and exceed deposit growth
targets and contribute to the overall success of the bank.
Qualifications for Business Development Officer: Bachelor’s degree
in Finance, Business Administration, or a related field. Minimum of
5 years of experience in business development within the banking
industry, with a strong focus on deposits. Proven track record of
achieving and exceeding business development targets. Excellent
communication, negotiation, and interpersonal skills. In-depth
knowledge of banking products and services, especially
deposit-related products. Strong analytical and problem-solving
abilities. Flexibility and adaptability to changing business needs.
Effective time management and project management skills. Benefits
for Business Development Officer: Competitive salary and
performance-based incentives. Comprehensive health, dental, and
vision insurance. 401(k) plan with company match. Paid time off and
holidays. Professional development and training opportunities. How
to Apply: Interested Business Development Officers are invited to
submit their resume to karen.smith@gogpac.com or apply here. Join
our team and play a key role in driving the growth of our bank’s
deposit base. Apply today! All qualified applicants will receive
consideration without regard to race, age, color, sex (including
pregnancy), religion, national origin, disability, sexual
orientation, gender identity, marital status, military status,
genetic information, or any other status protected by applicable
laws or regulations. GPAC (Growing People and Companies) is an
award-winning search firm specializing in placing quality
professionals within multiple industries across the United States
since 1990. We are extremely competitive, client-focused and
realize that our value is in our ability to deliver the right
solutions at the right time.
Keywords: gpac, Woodbury , Business Development Officer (BDO)-Deposits, Accounting, Auditing , Minneapolis, Minnesota
