Sr. Specialist, Bus. Dev.
Authentic, innovative and results-driven? Raise your hand if thatsounds like you!
We're looking for an amazing individual to join our growing team. The longevity of our firm is a testament to its strength and stability. Your ability to contribute fresh and diverse perspectives in a team-basedenvironment will usher us into future and take us to the next level.
As the fastest growing RIA custodian in the U.S., BNY Mellon's PershingAdvisor Solutions offers a fast paced environment and dynamic culture where"client first" is paramount. We serve advisory firms who areprofessionally managed and growth oriented, supporting high net worth andultra-high net worth investors who lead complex financial lives.
Our commitment to career growth and mobility is at the core of ourpeople oriented culture, as evidenced by our tenured staff. We welcomethe opportunity to speak with you!
Business Development - IC3Independently evaluates and pursues new business opportunities and client prospects, focusing on responsible business growth that is compliant, of acceptable risk and profitable. Serves in a consultative role to prospects, advising leadership on the best way to achieve their short- and long- term strategic objectives through the firms solutions. Pursues small to moderately-sized prospects of limited complexity with standard product needs. Prospects could be advisors, individuals or institutions. In some cases at this level, incumbents follow leads that come in to the organization, versus generating leads themselves. May assist a more senior Business Development colleague on large or complex accounts to gain breadth/depth of knowledge. May also pursue advantageous strategic partnerships with third parties in order to better respond to prospects needs. For some areas of the Bank, may be responsible for achieving organic incremental growth from existing clients.Locates potential prospects through in-depth industry research and an understanding of the market environment, including short- and long-term trends, competitor offerings, regulatory developments etc. For some business units, leads may originate from direct inquiries from prospects. Prospect contacts could be advisors/individuals or institutional leaders.Screens and evaluates prospects by analyzing market strategies, deal requirements, growth potential, financials and internal firm priorities.Consults with prospects on their strategic vision and applies an understanding of the firms solutions and value proposition to help them achieve that vision. Within standards/limits established by BD leaders, develops a negotiation strategy and position to align prospect needs to firm offerings.Closes new prospects by structuring deals (pricing, contract terms, etc.) that achieve optimal terms for both the client and the firm within assigned parameters. Ensures deals and related activities are compliant with all regulations. Follows up with firm-wide resources (marketing, legal, compliance, etc.) to gather needed information required to finalize a proposal/deal.Work closely with related teams (RMs, AMs, CSD) and other firm-wide resources (marketing, legal, compliance, etc.) to ensure all risk management/compliance activities relevant to business development activities are conducted and captured.Tracks and reports on business development results for assigned area (geographic, business/industry category, product category, etc.)May have people management responsibilities in some geographies. Provides guidance to less experienced Business Development roles as needed.Responsible for business development within assigned area (geographic territory, product category, business/industry category/segment, etc.). Typically pursues small to moderately-sized prospects with limited complexity. For some areas of the Bank, may be responsible for achieving organic incremental growth from existing clients. Qualifications
Bachelors degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred. 5-7 years of total work experience preferred. Financial Services experience with a particular client type or product (Hedge, Pension, etc.) preferred as is prior experience in a related customer-facing role, Sales Support, Global Capital Markets or Product Management. Applicable local/regional licenses or certifications as required by the business. A good understanding of the relevant marketplace, competitive landscape and industry drivers in the relevant region is preferred. As global firm, bi-lingual capabilities are helpful as is an understanding of local/cultural nuances important for client trust. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums. Primary Location:
United States-New Jersey-Jersey City Internal Jobcode:
Pershing Domestic-HR06431 Requisition Number: