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Home Improvement Financing Business Development Officer (Remote)

Regions Financial Corporation, Salt Lake City, UT, United States


Job Description At Regions, the Home Improvement Financing Business Development Officer supports the development of successful relationships with program sponsors and their authorized contractor clients.

Primary Responsibilities

Validates, enhances, and updates the program sponsor lead, suspect, and prospect lists

Maintains files in the CRM system including contact information, firmographics, correspondence, call reports, etc.

Identifies and investigates new industry opportunities that fit a sponsor profile for the bank

Prequalifies program sponsor leads based upon objective criteria

Assists in pre-trade show planning and post-trade show follow‑up

Attends trade shows

Assists in the transitioning of a new program sponsor to the launch team

Assists in reviewing material developed for new programs for accuracy in terms of how a program is structured

Assists in the planning, execution, and monitoring of the annual business development plan including the preparation of the annual budget

Responds promptly to inbound calls from suspects, prospects, and new program sponsors and/or contractors

Provides information, answers routine questions, or refers problem/opportunity to the VP/Manager of Business Development for satisfactory resolution

Develops an in‑depth knowledge of business development, marketing strategies and positioning, new program launch strategies, program sponsor and contractor training, choice of payment options, PartnerPortal reporting and tracking system capabilities, CRM system, loan center and contractor support workflow processes, pricing, program agreements, credit policy, market demand, and competition

Monitors and reports on news releases, blogs, and social media sightings on companies listed on the lead, suspect, and prospect lists as well as any key management changes

Assists Business Development Officers in identifying key targets in targeted companies and sets appointments

Demonstrates ability to work a prospect through the client‑focused buying continuum under the lead of supervisor using PCE skills

Demonstrates ability to engage prospects at trade shows and other similar functions to explain the bank’s value proposition and determine interest on part of prospect

Assists in managing and enhancing the CRM features to accommodate departmental needs

Begins to manage the business development process on assigned accounts

Job Conditions This position is exempt from time‑keeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements

Bachelor’s degree in Business or a related field and five (5) years of business development or related experience

Or Associate’s degree in Business or a related field and seven (7) years of business development or related experience

Or High School Diploma or GED and nine (9) years of business development or related experience

Willing and able to travel

Skills and Competencies

Ability to work in a collaborative environment

Capacity and willingness to learn quickly

Communicates in a positive, motivating, and persuasive way

Develops the ability to communicate with all personality types including dominant/strong personalities without fear or apprehension

Organized, deliberate, and detail oriented

Sense of urgency

Additional Job Description

Direct competitor experience strongly preferred

Ability to travel to Salt Lake City, UT or national events as needed up to 25%

Location Details Salt Lake City, Utah. Position is currently offsite, preferably close to a Regions office within our retail branch footprint. Associates will work from home primarily and may be expected to go on site for meetings or other events as needed.

Compensation Details Pay ranges are job specific and are provided as a point‑of‑market reference. Other factors that directly impact pay include experience, skills, knowledge, contribution, job location and performance in the job role.

Job Range Target:

Minimum: $83,869.50 USD

Median: $116,570.00 USD

Incentive Pay Plans: Eligible to participate in a commission incentive plan. Employees can earn commission based on performance against defined metrics and goals.

Benefits Information

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, visit https://www.regions.com/about-regions/welcome-portal/benefits.

Equal Opportunity Equal Opportunity Employer/including Disabled/Veterans.

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