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Wells Fargo

Diversified financial services: banking, lending, investments

Lead Commercial Banking Business Development Representative

Account ExecutiveUpdated on Nov 9
Full-time

About the Job

Requirements

  • At least 5 years of Commercial Banking Business Development experience, or equivalent demonstrated through work experience, training, military experience, or education.
  • Comprehensive knowledge and understanding of core banking products and services, such as commercial lending and treasury management, is desired.
  • Completion of a formal credit training program is desired.
  • An established local network and deep understanding of the Boise, Idaho and Spokane, Washington markets to drive business development are desired.
  • Commercial banking account relationship management experience for clients with annual revenue of $25 million to $2 billion is desired.
  • Demonstrated experience working collaboratively to deliver the organization to clients and prospects is desired.
  • Demonstrated experience generating new client relationships and building and retaining long-term client relationships is desired.
  • Experience identifying and mitigating risk and ensuring compliance with processes and procedures is desired.
  • Ability to travel is expected.
  • Specific compliance policies may apply to outside activities or personal investing; affected employees are expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired.

Responsibilities

  • Lead complex market and other large-scale planning efforts with Commercial Banking Business Development by conducting competitive analyses, leveraging business tools, and applying market insights to identify areas of opportunity.
  • Review and analyze complex, multifaceted, or large-scale prospects’ needs and Wells Fargo’s offerings, considering profitability and risk to Commercial Banking.
  • Make decisions in complex and multifaceted situations within the Commercial Banking Business Development group, applying an understanding of relevant policies, procedures, and compliance requirements, and influence and lead the team to meet deliverables and drive new initiatives.
  • Collaborate and consult with peers, colleagues, and middle- to senior-level managers to resolve prospects’ issues while achieving Wells Fargo’s business objectives; help prospects navigate processes, escalate inquiries when needed, and mentor less experienced colleagues.
  • Identify and source complex prospects, engage in cold and warm outreach, and lead the team in employing strategies focused on generating new, profitable Commercial Banking relationships.
  • Understand the full suite of financial solutions offered to Commercial Banking clients and the financial solutions currently used by each prospect.
  • Collaborate with relationship managers and product organizations in prospect interactions through the closing of the first transactions, leading internal coordination to develop and present financial solutions to prospects.

Desired Qualifications

  • Excellent verbal, written, and interpersonal communication skills.

About the Company

Wells Fargo

Diversified financial services: banking, lending, investments

Wells Fargo offers a broad set of financial services, including banking, mortgages, investing, credit cards, and wealth and business banking, to individuals, small businesses, and large corporations. Its products combine everyday banking with lending, investment products, and advisory services, accessible through branches, ATMs, and online or mobile platforms. The company earns mainly from interest on loans, banking fees, and commissions on investment products, supported by a large network and secure technology. Its goal is to help customers manage, preserve, and grow their money through trusted, accessible, and comprehensive financial solutions.

Company size
10,001+
Company stage
IPO
Headquarters
San Francisco, CA
Founded
1851

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