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Business Development Officer in Austin, TX

Business Development Officer Job Description

Business development officers should have a minimum of 10 years of experience in the banking or financial services industry, along with a solid understanding of the needs of investors. They must be strong communicators and have a proven ability to reach new clients and generate business. Business development officers typically deal with several clients at a time and should possess top-notch sales skills. A bachelor’s degree in finance or business is required, and firms often give preference to candidates with a CFA.

Typical business development officer duties:

Bringing in new business for the institutionWorking with executives, management and other staff to create new opportunities for the firmAligning current clients with the best investment opportunities

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Salary for Business Development Officer in Austin, TX
112230 - 169650
25th percentile
112230
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
142100
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
169650
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Managing Director/Partner – Banking and Financial Markets 206190 247660 295220 Vice President – Banking and Financial Markets 157180 193720 225330 Banking and Financial Markets Associate 104690 133400 149350 Banking and Financial Markets Analyst 70180 89610 102080 Portfolio Manager 121800 148190 180380 Banker 77720 94830 113100 Credit Analyst, 5+ Years’ Experience 87580 106720 126730 Credit Analyst, 3-5 Years’ Experience 68150 82940 95700 Credit Analyst, 1-3 Years’ Experience 58580 71340 91640 Commercial Lender 86420 104110 122090

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