At a Glance
- Tasks: Drive financial success by selling retail deposit and loan products to clients.
- Company: Join Republic Bank, a top-rated workplace in Kentucky for ten years running!
- Benefits: Opportunities for career advancement, competitive salary, and a supportive work environment.
- Why this job: Make a real impact in your community while developing valuable skills.
- Qualifications: Five years of financial industry experience and strong sales skills required.
- Other info: Flexible work schedule with opportunities for community involvement.
The predicted salary is between 36000 - 60000 £ per year.
Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!
About Republic Bank: Republic Bank’s values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It’s one of the reasons we’ve been named as one of the Best Places to Work in Kentucky for ten years!
POSITION PURPOSE AND OBJECTIVES: The Business Development Manager II is responsible for uncovering loan and deposit opportunities through the day-to-day activities inside and outside the Banking Center. This position promotes growth of the Republic core customer base and leads by example daily with current and future client focused engagement. Duties include selling retail deposit and loan products to both the consumer and business clients in and around the Banking Center and cross selling for additional lines of business. This position includes encouraging a strong sales environment and an efficient, smooth, and professional customer servicing area. This position is also responsible for the Banking Center reaching its goals for growth in deposits, loans, fee income and net checking accounts.
MINIMUM QUALIFICATIONS:
- Five (5) years of financial industry experience required.
- Previous lending experience preferred.
- Demonstrated ability to sell and cross-sell bank products and services required.
- Proficiency in Microsoft Office products and internet applications.
- NMLS registration may be required.
ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES:
- Act as the driving force for the financial success of the banking center.
- Sell, open, and maintain retail deposit and loan products to consumer and business clients by conducting outside calls to businesses, soliciting the existing client base and walk in clients, and by establishing referral networks.
- Develop and improve your ability to cultivate new and maintain existing business relationships by conducting limited outside calls to business and personal clients/prospects, including establishing relationships and referral networks outside of the banking center.
- Lead the sales function at the Banking Center, setting the tone for a strong sales environment and managing and developing the sales skills and techniques of the staff.
- Manage the existing client base of deposits and loans to support growth and retention.
- Actively manage loan maturities, renewals and delinquencies of the consumer and commercial portfolio.
- Handle and resolve customer escalated issues.
- Community involvement around the Banking Center, including neighborhood associations and business networking groups.
- Identify opportunities for Treasury Management, Commercial Lending, Mortgage Lending, and Nest Egg referrals.
- Work directly with representatives from these areas to refer clients and follow up to ensure that the transaction was properly completed, and the client was satisfied.
- Conduct daily, weekly, and monthly sales meetings to ensure each associate is reaching their sales potential.
- Learn the credit culture of Republic Bank in order to present appropriate credits for approval.
- Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
- Model and foster behaviors that support the Bank’s values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
- Willingly perform all other duties and projects as assigned.
INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED:
- Excellent verbal and written communications skills.
- Self-motivated and work in a team environment.
- High energy level and strong sense of urgency.
- Detailed oriented with ability to multi-task.
PHYSICAL REQUIREMENTS: The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision, and distance vision. The noise level in the work environment is usually moderate.
OTHER REQUIREMENTS: Regular and predictable physical presence at the worksite is an essential function of this position. Travel between Republic Banking facilities may be required including occasional out of town travel. Flexible work schedule may include some evenings, weekends and/or overtime. Stay abreast of new developments, best practices, and statutory and regulatory changes.
This position is subject to SAFE Act Registration Requirements. Pursuant to the SAFE Act requirements, all applicants for employment who will be engaged in residential loan mortgage originations as defined by the SAFE Act must register with the federal registry system and maintain a status in good standing under the SAFE Act requirements. Failure to register successfully or to maintain a status in good standing under the SAFE Act will affect your eligibility for continued employment and may result in corrective counseling up to termination of employment.
The above is intended to describe the general content of and requirements for the performance of this position. It is not construed as an exhaustive statement of duties, responsibilities, or requirements.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Business Development Manager II employer: Republic Bank & Trust Co
Contact Detail:
Republic Bank & Trust Co Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager II
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend local events, join relevant groups, and don’t be shy about reaching out to folks on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Practice your pitch! When you meet someone, be ready to talk about yourself and what you bring to the table. Keep it concise but engaging – think of it as your personal brand elevator pitch that highlights your experience and enthusiasm for the role.
✨Tip Number 3
Follow up after meetings or networking events. A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to make it personal and show you were genuinely interested.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly shows your interest in being part of our team. Plus, it’s super easy to navigate – just a few clicks and you’re in!
We think you need these skills to ace Business Development Manager II
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager II role. Highlight your financial industry experience and any previous lending roles you've had. We want to see how your skills align with our values at Republic Bank!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this position and how you can contribute to our team. Remember, we love candidates who can innovate and provide exceptional service!
Showcase Your Sales Skills: Since this role is all about driving sales, make sure to include specific examples of how you've successfully sold and cross-sold products in the past. We’re looking for someone who can lead by example and foster a strong sales environment!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at Republic Bank!
How to prepare for a job interview at Republic Bank & Trust Co
✨Know Your Numbers
As a Business Development Manager, you'll need to demonstrate your understanding of financial metrics. Brush up on key performance indicators related to loans and deposits, and be ready to discuss how you've driven growth in previous roles.
✨Showcase Your Sales Skills
Prepare specific examples of how you've successfully sold and cross-sold banking products. Use the STAR method (Situation, Task, Action, Result) to structure your responses, highlighting your ability to create a strong sales environment.
✨Understand the Company Culture
Republic Bank values community involvement and exceptional service. Research their IMPACT values and think about how you can align your experiences with these principles. Be ready to share how you've contributed to a positive team culture in the past.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially around customer escalations or managing loan delinquencies. Think of scenarios where you've successfully resolved issues and be prepared to explain your thought process.