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Business Development Officer in Phoenix, AZ

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 Phoenix, AZ
106425 - 160875
25th percentile
106425
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
134750
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
160875
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 195525 234850 279950 Vice President – Banking and Financial Markets 149050 183700 213675 Banking and Financial Markets Associate 99275 126500 141625 Banking and Financial Markets Analyst 66550 84975 96800 Portfolio Manager 115500 140525 171050 Banker 73700 89925 107250 Credit Analyst, 5+ Years’ Experience 83050 101200 120175 Credit Analyst, 3-5 Years’ Experience 64625 78650 90750 Credit Analyst, 1-3 Years’ Experience 55550 67650 86900 Commercial Lender 81950 98725 115775

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