Business Development Manager
1 week ago
We are seeking a highly motivated Business Development Manager to join our team at EQ Bank | Equitable Bank. This is an exciting opportunity for a professional with a passion for insurance lending and reverse mortgage products.
Job Summary- The Business Development Manager will support the development of new products, features, and services for our Insurance Lending and Reverse Mortgage businesses.
- This includes working closely with cross-functional teams to stay up-to-date on industry trends and competitor activity.
- The successful candidate will be responsible for analyzing data and providing recommendations to senior management on product enhancements and growth strategies.
You will be part of a dynamic team that values innovation, creativity, and collaboration. Our team members are passionate about delivering exceptional customer experiences and driving business growth.
ResponsibilitiesProduct Development and Expansion- Work with the Product Manager and underwriters to identify new products and product enhancements that meet market needs.
- Analyze market trends and competitor activity to inform product development decisions.
- Develop business cases and recommend product launches to senior management.
- Identify opportunities to improve operational processes and implement changes with stakeholder input.
- Lead updates to calculators and other tools to enhance user experience.
- Evaluate process improvements and make recommendations to senior management.
- Own ongoing reporting requirements, including weekly updates to senior management.
- Collaborate with the Personal Banking Strategy team to refine automated reporting.
- Analyze reporting data to identify insights and make recommendations to senior management.
- Monitor sales tool effectiveness and iterate on design as needed.
- Lead analysis of marketing initiatives and develop data-driven strategies.
- Present data insights to senior management to inform business decisions.
- Bachelor's degree in Business Administration, Engineering, Math, or related field.
- 2-5+ years' experience in the financial services industry.
- Established organizational and collaboration skills.
- Strong business acumen and analytical abilities.
- Excellent communication and problem-solving skills.
We offer a competitive salary of $85,000 - $110,000 per year, depending on experience.
Additional benefits include:
- Competitive discretionary bonus.
- Market-leading RRSP match program.
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