VP & Business Development Officer

Open Bank • Los Angeles, CA

75d

About The Position

At Open Bank, we pride ourselves on being different and OPEN to new ideas and opportunities for our clients and employees. We celebrate innovation, diversity, teamwork, excellence and integrity. We are an equal opportunity employer and offer competitive compensation and benefits package to recruit, retain and reward top talent. We would like to be your partner in success and happiness! Join our TEAM - Together Everyone Achieves More. We are looking for VP & Business Development Officer to join our Specialty Deposit Center team at Open Bank! The Business Development Officer will be responsible for developing and maintaining strong relationships with clients, providing tailored financial solutions, and driving business growth. This role involves managing a portfolio of clients, identifying opportunities for cross-selling banking products, and ensuring exceptional customer service.

Requirements

• Minimum five years in banking, financial services, or related field or equivalent experience required.
• Ability to retain a broad knowledge of tasks performed in the deposit operation and lending functions.
• Good understanding of all required documents needed for opening new accounts.
• Ability to analyze and organize financial information and perform complex financial calculations.
• General knowledge of lending and deposit regulations and laws.
• Present a professional image in dealing with clients, interdepartmental, and external representatives.
• Good written and oral communication skills; ability to communicate effectively and project a professional image when giving and taking information in writing, in person, and over the phone.
• Accurate typing/keyboarding skills; basic computer skills, including the use of word processing, spreadsheet software applications, and e-mail.

Responsibilities

• Develop and maintain strong relationships with individual and business clients.
• Serve as the primary point of contact for client banking needs.
• Conduct regular account reviews and proactively address client concerns.
• Identify opportunities to offer financial products and services, including loans, credit lines, deposits, and investment options.
• Meet sales and revenue targets through proactive client engagement and cross-selling.
• Generate leads and acquire new clients through networking and referrals.
• Assess client financial needs and recommend appropriate banking products and CMS services.
• Ensure compliance with banking regulations and risk management policies.

Benefits

• Medical, Dental, & Vision: Open Bank offers medical, dental, and vision insurance for all full-time employees and their immediate family members. Employees become eligible for insurance benefits on the first of the month following their hire date.
• Life, Accidental Death & Dismemberment, & Long-Term Disability: Open Bank pays 100% of the cost.
• Flexible Spending Account (FSA): Tax-advantaged financial accounts are offered for employees to pay for eligible out-of-pocket expenses (health, dependent care, transit, and parking) with pre-tax dollars.
• 401(k) Retirement Savings Plan: Open Bank matches 100% of the first 6% of employees' contributions. Employees are eligible to participate on the first of the month following 90 days of employment.
• Paid Time Off (PTO): Employees begin to accrue PTO hours at the time of hire to use for vacation, illness, or other personal reasons.
• Employee Assistance Program (EAP): The EAP offers counseling sessions, online tools and resources, and legal and financial guidance for employees and their family.
• Company Paid Lunch: Open Bank provides company paid lunch twice a week.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees