Business Development Executive - Institutional Client Group (OR)

Business Development Executive (BDE)U.S. Bank is the fifth-largest commercial bank in the United States. The Institutional Client Group (ICG) is the relationship-management team that serves our largest clients – ranging from $50 million in annual revenue to large corporate institutions – delivering solutions from across the bank to help companies meet their business goals. ICG operates in every state and supports multiple sectors, from healthcare to technology. Its new team of Business Development Executives (BDEs) will drive growth by building a network of contacts and leads, identifying new opportunities, and cultivating strong client relationships that increase revenue and market share for U.S. Bank.As Business Development Executive (BDE), your primary focus is driving growth by identifying, prospecting, and acquiring new corporate and commercial banking clients with over $50 million in annual revenue. This role is tailored for a results-driven professional who's passionate about building strong client relationships and expanding the bank's market presence. Your success will be measured by your ability to cultivate leads, secure new business, and contribute to the bank's overall revenue and market share growth.Base pay for this role usually falls within $225,000 to $250,000. Additional considerations regarding base pay levels are based on candidate qualifications. Your compensation expectations will be discussed with a U.S. Bank recruiter if you are contacted to discuss the role further.Essential Functions:Identify potential commercial clients through market research, industry networks, referrals, and events.Develop and execute a strategic prospecting plan to build and maintain a robust pipeline of new business opportunities.Initiate contact and engage with decision-makers, presenting tailored banking solutions that meet client needs.Conduct thorough needs assessments and deliver compelling proposals to secure new client relationships.Stay ahead of market needs by providing insights on market trends and tailored financial strategies.Stay informed about market trends, competitor offerings, and industry developments to position the bank as a leader in commercial banking.Leverage market intelligence to identify untapped opportunities and optimize outreach strategies.Collaborate with internal teams (RMs, Treasury, Payments, Credit, etc.) to deliver seamless onboarding experiences for new clients.Represent the bank at community and industry events, enhancing brand visibility and credibilityMonitor client satisfaction and resolve issues promptly, ensuring long-term loyaltyAchieve and exceed monthly, quarterly, and annual new business development goals through robust scorecard measurement.Maintain accurate and up-to-date records of prospecting activity, pipeline status, and closed deals in CRM tools.Essential Qualifications:Bachelor's degree in Business, Finance, or a related field, or equivalent work experience.10+ years of proven success in a corporate/commercial banking environment with a focus on new client acquisition.Strong understanding of commercial banking products and services, including credit, treasury, and cash management.Strong, established network in this BDE's assigned marketBackground in a formal business development role within mid- and large-cap banking sectors.Proficiency with CRM platforms and prospecting tools.Exceptional communication, negotiation, and presentation skills.Entrepreneurial mindset with a strong drive to achieve ambitious growth goals.Ability to build trust and credibility with clients and internal stakeholders.Other Requirements:Willingness to travel as required for prospect meetings and industry eventsThe role offers a hybrid/flexible schedule, which means there's an in-office expectation of three (3) or more days per week.This position also requires 2 or more hours of driving per week.If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.Benefits:Healthcare (medical, dental, vision)Basic term and optional term life insuranceShort-term and long-term disabilityPregnancy disability and parental leave401(k) and employer-funded retirement planPaid vacation (from two to five weeks depending on salary grade and tenure)Up to 11 paid holiday opportunitiesAdoption assistanceSick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by lawU.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.