Business Development Specialist
1 week ago
Job Description
We are seeking a highly skilled Business Development Specialist to join our team at Prospera Credit Union. As a Relationship Manager Lead, you will be responsible for maintaining and growing advisory relationships with our highest value members.
About the Role
- Proficiently assess members' financial objectives, risk tolerance, and unique needs to provide tailored advice.
- Effectively create holistic financial strategies that encompass investment, lending, protection, and omni-channel day-to-day banking.
- Facilitate referrals to trusted partners, ensuring a smooth transition of the member while maintaining trust.
- Responsible for the onboarding and initiating relationship conversations and introductions with new retail and business members that fit within the highest value member portfolio.
- Develops and advances member relationships through the utilization of Financial Health Checks, pipeline management, and effective referrals to other Line of Business Specialists.
- Contributes to positive member CEI scores through consistent adherence to the advisory process and adaptation of service.
- Executes on holistic advice-based financial strategies by fulfilling members' complex lending, investment, protection, and day-to-day banking needs.
- Maintain accurate records of member interactions, advice, and transactions, while adhering to internal policy, regulatory compliance, and ethical standards.
- Has a solid understanding of registered products, including tax implications, and is comfortable developing strategies for term deposits to balance members' needs for liquidity and desired returns.
- Support the execution of cash-related and other operational tasks on a daily, weekly, monthly, quarterly, and yearly basis.
- Assist in the supervision of compliance and audit responsibilities, including the management of ATM, night deposit processes, postdated and pending file management, cash and negotiable balancing.
- Help drive outcomes through leadership in campaign management and reporting.
- Provides back-up support for other advice center roles as needed.
Requirements
- Grade 12 or Equivalent and Business Administration or Marketing diploma or degree (a plus).
- 3+ years in financial services with at least one year in an advisory capacity.
- Experience with mortgage lending (preliminary credit assessments) and selling mutual funds (required).
Compensation and Benefits
The estimated salary for this role is $85,000 - $110,000 per annum, depending on experience. In addition to a competitive salary, we offer a comprehensive benefits package, including health, dental, and vision coverage, as well as a generous pension plan.
About Us
Prospera Credit Union is a leading financial institution dedicated to helping our members achieve their financial goals. We value our employees and strive to create a work environment that is supportive, inclusive, and rewarding.
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