This is a business development role responsible for developing and managing deposit relationships within designated market segments (e.g. Fiduciary, Title, Escrow, Law, Nonprofit, etc.) and fostering the Bank’s relationship management culture by actively pursuing new deposit opportunities from prospective and current customers.
Responsibilities
Serve as a dedicated relationship manager resource in the Specialty Deposit group, responsible for new deposit origination. Ideal candidate will have a track record of generating over $20MM in new deposit origination annually. Deposit customer base ranges from $1MM to $50MM in average deposits per customer.
Prospects, markets, structures, and originates new deposit products such as:
Title and Escrow Services
Third Party Escrow Services
RE Investments Entities (DSTs/REITs/TIC)
Property and Community Management
Legal Fiduciaries and Service Plans
Unions and other Public Service Organizations
Schools and School Districts
Non-Profit Organizations
Government Agencies including Cities, Municipalities, and Water Districts
Insurance Company Custodian Accounts
Medical Groups including Hospitals, Medical Service Plans, and Medical Billing
Employment Agencies and Payroll Companies
Qualifications
Business development/sales in the financial industry: 5 years +
Specialty Deposit Business Development Origination: 2 years +
Track record of generating over $20MM in new deposit origination
Must be able to work out of one of our locations #orangecounty #LosAngeles #SanDiego
A reasonable, good faith estimate of the minimum and maximum base salary or pay for this position is $93,570.40 to $140,355.60. Actual compensation will vary based on various factors including but not limited to location, experience, and performance. A business line incentive may be provided ranging from 0% - 1% per loan and 0%-2% per deposit, in addition to a medical and other benefits, dependent on the position. For more information regarding our benefits, please visit https://www.ppbi.com/careers.html
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Business Development and Sales
Industries
Banking
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