Business Development Officer
Business Development Officer
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$ 165000 - 185000
1 Vacancy
Job Description
Were building a relationshiporiented bank for the modern world. We need talented passionate professionals who are dedicated to doing whats right for our clients.
At CIBC we embrace your strengths and your ambitions so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.
To learn more about CIBC please visit
What Youll Be Doing
As a Business Development Officer you will drive the growth of new business by acquiring highnetworth individuals family offices endowments and foundations as clients. Working closely with Relationship Managers Investment and Wealth Specialists and other sales professionals you will implement business development strategies and cultivate relationships with key referral sources. You will also play a lead role in promotional events and seminars enhancing CIBCs market presence and expanding the client base. This role operates in an office environment with frequent travel required.
How Youll Succeed
Grow new business: Develop and acquire new client relationships with individuals and institutions that have complex financial needs.
Manage and retain key relationships: Oversee select client accounts ensuring strong retention and business growth while aligning with investment policies and strategies.
Collaborate with internal partners: Work with Relationship Managers Investment and Wealth Specialists and other sales professionals to execute national sales strategies.
Expand referral networks: Build a pipeline of business prospects by developing relationships with attorneys accountants bankers and other key intermediaries.
Strengthen channel partnerships: Identify and cultivate opportunities within existing channels to drive additional business.
Lead strategic initiatives: Organize and facilitate promotional events seminars and networking opportunities to expand alliances and grow CIBCs presence in the wealth management space.
Who You Are
Experienced in wealth management: You have a minimum of 10 years of experience in wealth management or a closely related field.
Financially savvy: You possess extensive knowledge of investment strategies trust administration and wealth management solutions.
Proven business developer: You have a track record of successfully raising assets and driving new client acquisition.
Exceptional communicator: Your verbal and written communication skills allow you to confidently engage clients prospects and professional networks.
Skilled presenter: You excel at delivering compelling presentations in both oneonone and group settings effectively marketing complex financial solutions.
Entrepreneurial and growthfocused: Your approach to business development reflects an entrepreneurial mindset and a passion for building lasting client relationships.
Wellcredentialed: A Bachelors degree is preferred along with advanced designations such as MBA CFP CFA JD CTFA or CPA.
What Success Looks Like
A growing pipeline of highnetworth individuals family offices and institutional clients.
Strong partnerships with internal teams and external referral sources leading to increased new business.
High client retention and expanded relationships through exceptional service and strategic financial solutions.
Effective of promotional events and seminars that enhance CIBCs visibility and market leadership.
A reputation as a trusted advisor within the wealth management space driving longterm client success.
California residents your privacy rights regarding your actual or prospective employment
At CIBC we offer a competitive total rewards package. This role has an expected salary range of $for the St. Louis MO market based on experience qualifications and location of the position. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which also may include a discretionary bonus component.
CIBC offers a full range of benefits and programs to meet our employees needs; including Medical Dental Vision Health Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave Parental Leave and Vacation) Holidays and 401(k) in addition to other special perks reserved for our team members.
Candidates hired to work in other locations will be subject to the pay range associated with that location. Additional total compensation and benefits details will be provided during the hiring process.
This position does not offer visa sponsorship.
#LITA
What CIBC Offers
At CIBC your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career rather than just a paycheck.
We work to recognize you in meaningful personalized ways including a competitive salary incentive pay banking benefits a benefits program* a vacation offering wellbeing support and MomentMakers our social pointsbased recognition program.
Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.
We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.
*Subject to plan and program terms and conditions
What you need to know
CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation please contact
You need to be legally eligible to work at the location(s) specified above and where applicable must have a valid work or study permit.
We may ask you to complete an attributebased assessment and other skills tests (such as simulation coding MS Office). Our goal for the application process is to get to know more about you all that you have to offer and give you the opportunity to learn more about us.
Job Location
MO1401 South Brentwood Blvd.Employment Type
RegularWeekly Hours
40Skills
Business Development Client Service Competitive Intelligence (CI) Customer Retentions Investment Research New Business Acquisition People Management Promotional Activities Relationship ManagementRequired Experience:
Unclear Seniority
Employment Type
Full-Time
