Full-Time

Senior Manager

Business Development Banker, Boston, MA

Posted on 9/11/2024

Capital One

Capital One

10,001+ employees

Offers diverse financial products and services

Fintech
Financial Services

Senior

Company Historically Provides H1B Sponsorship

Boston, MA, USA

Category
Commercial Banking
Finance & Banking
Required Skills
Sales
Management
Marketing
Requirements
  • At least 2 years of Business Banking experience
Responsibilities
  • Identify and develop new business relationships that have annual revenues between $2MM - $20MM
  • 80-90% of time will be spent in market generating business by meeting with prospects, outside calling, attending networking functions, and community events
  • Work closely with Centers of Influence (COI) to include CPA’s, lawyers, and commercial real estate brokers to assist in driving new business. Also, have a well-defined marketing strategy that will target his/her respected goals
  • Effectively onboard business prospects and grow existing business customer’s lending, depository, and treasury management relationships
  • Understand and carry out senior management’s (Group Sales Executive, Market Sales Executive and Market Credit Executive) sales objective(s) within their respective marketplace / territory
  • Partner with multiple lines of business within Capital One including but not limited to: Treasury Management, Wealth Management, and Vantiv Merchant Services to help cross-sell Capital One products and services and deepen new and existing banking relationships
  • Have in-depth experience of the pre-qualification, structuring, and pricing on all credit requests to adhere to Capital One Bank profitability standards
  • Maintain a strong understanding of Capital One’s credit policy, evaluate risk on credit and depository products, and recognize client eligibility to successfully submit credit/application packages.
  • Stay current with national, regional, and local industry trends

Capital One offers a variety of financial services, including credit cards, savings accounts, car loans, and business checking accounts, primarily in the United States. The company focuses on user-friendly banking solutions with no fees or minimums for checking accounts, making it easier for customers to manage their money. Capital One stands out from competitors with its commitment to financial inclusion and literacy, partnering with organizations to provide educational resources. The goal is to transform the banking experience by ensuring everyone has access to financial services and the knowledge to make informed decisions.

Company Stage

IPO

Total Funding

$15.9M

Headquarters

McLean, Virginia

Founded

2014

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Worldpay enhances payment security and efficiency for merchants.
  • Capital One's collaboration with HITEC improves data infrastructure and decision-making.
  • Financial empowerment initiatives support community stability, like the $86,000 grant to United Way.

What critics are saying

  • Increased competition in subscription management tools may dilute Capital One's first-mover advantage.
  • Over-reliance on partnerships for tech advancements could pose risks if partnerships falter.
  • Departure of key personnel like Joe Rodriguez may affect risk management expertise.

What makes Capital One unique

  • Capital One offers user-friendly banking with no fees or minimums for checking accounts.
  • The company partners with Minna Technologies for subscription management tools in its app.
  • Capital One's mobile banking app is a model for secure, user-friendly digital banking.

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Benefits

Medical, Dental, & Vision coverage

Onsite Health Centers

Prescription saving with network of local pharmacies

Stock Purchase Plan

Education Assistance

401(k)

Flexible Spending Accounts

Life and Disability insurance

Generous paid time off + corporate & floating holidays

Registered dieticians on site, cooking classes and free virtual fitness classes

Employee Assistance Program

INACTIVE