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Business Development Officer - C14 - NEW YORK

The Business Development Officer is a strategic professional who closely follows latest trends in own field and adapts them for application within own job and the business. Recognized subject matter expert within one area. Commercial awareness is a necessity. Is an acknowledged authority both within and outside area of expertise. Typically a small number of people within the business that provide the same level of expertise. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication is typically required. Provides advanced judgment and conducts in-depth quantitative or qualitative analysis to solve problems and develop new, innovative solutions. Required to think beyond existing solutions, assumptions or current knowledge of sophisticated areas. Significant impact on a function and/or the business through making decisions that determine technical approaches and strategies for the area.

Responsibilities:

  • Responsible for sales strategy development and determining the best possible approach for strategy execution.
  • Deal with complex issues or problems with substantial potential impact, where weighing alternatives and balancing potentially conflicting needs is required for the development of possible action items or approach.
  • Accountable for delivery of a full-range of service to one or more geographic regions.
  • Work with senior management to structure and negotiate more complex deals and financial requirements.
  • Apply in-depth industrial and business knowledge for uncovering and seizing business opportunities.
  • Develop and manage program related internal and external processes by sourcing, evaluating, winning, and closing new partner programs.
  • Assist Country Head or Team Manager in budgeting, planning, policy formulation and implementation.
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.


Qualifications:

  • Bachelor's degree in finance, economics, engineering or related disciplines
  • 15+ years relevant experience in the commercial baking industry
  • Good record of proactively building relationships with product and credit review/approval partners
  • Solid knowledge in in treasury and capital markets products


Education:

  • Bachelors degree, potentially Masters degree


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.

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Job Family Group:

Commercial and Business Sales

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Job Family:

Commercial Business Development

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Time Type:

Full time

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Primary Location:

New York New York United States

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Primary Location Full Time Salary Range:

$163,600.00 - $245,400.00


In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.

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Anticipated Posting Close Date:

Apr 02, 2025

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Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View the "EEO is the Law" poster. View the EEO is the Law Supplement.

View the EEO Policy Statement.

View the Pay Transparency Posting

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Average salary estimate

$204500 / YEARLY (est.)
min
max
$163600K
$245400K

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What You Should Know About Business Development Officer - C14 - NEW YORK, Citi

Are you ready to take the next step in your career as a Business Development Officer? At Citi in New York, we’re looking for someone with a keen sense of market trends and a knack for strategic planning. Your role will be pivotal in developing and executing sales strategies that significantly impact our business. You'll not only lead the charge in uncovering new business opportunities but also work hand-in-hand with senior management to structure complex deals. With over 15 years of experience in the commercial baking industry under your belt, you’ll apply your extensive knowledge to solve intricate challenges while fostering robust relationships with key stakeholders. Your decision-making will drive our success, and your communication skills will shine as you negotiate at the highest levels. You'll thrive in a fast-paced environment, utilizing your analytical expertise to weigh various alternatives and making informed choices to support our goals. As a recognized subject matter expert, you will also be tasked with safeguarding Citi’s assets and reputation by ensuring all practices adhere to compliance and ethical standards. If you’re passionate about creating impactful solutions and driving revenue growth, this is the role for you. Join us at Citi and help shape the future of our business in New York!

Frequently Asked Questions (FAQs) for Business Development Officer - C14 - NEW YORK Role at Citi
What are the primary responsibilities of a Business Development Officer at Citi?

As a Business Development Officer at Citi, your main responsibilities include developing sales strategies, identifying new business opportunities, and negotiating complex deals with senior management. You'll also be accountable for delivering a comprehensive range of services across geographic regions, while ensuring compliance with applicable laws and regulations.

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What qualifications are necessary for the Business Development Officer position at Citi?

To be considered for the Business Development Officer role at Citi, you should have a Bachelor's degree in finance, economics, or a related field. Additionally, over 15 years of relevant experience in the commercial baking industry is essential, along with a solid understanding of treasury and capital markets products.

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How does the Business Development Officer role at Citi interact with senior management?

In the Business Development Officer role at Citi, you will work closely with senior management to structure and negotiate more complex deals and financial requirements. This collaboration is key to addressing complex issues that may arise and ensuring the successful execution of business strategies.

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What skills are important for a successful Business Development Officer at Citi?

Successful candidates for the Business Development Officer position at Citi should possess excellent communication and negotiation skills to effectively engage with senior stakeholders. Additionally, advanced analytical skills are critical for assessing risks and developing innovative solutions tailored to business needs.

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What type of work environment can a Business Development Officer at Citi expect?

As a Business Development Officer at Citi, you can expect a fast-paced and dynamic work environment where collaboration with teams is essential. You will be challenged to think critically and creatively, leveraging your expertise to drive the business forward while managing complex issues with a focus on ethical practices.

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Common Interview Questions for Business Development Officer - C14 - NEW YORK
Can you describe your experience in developing sales strategies as a Business Development Officer?

In answering this question, focus on specific projects where you developed or adapted sales strategies. Highlight your analytical approach to problem-solving and how you used market insights to inform your strategies at past positions.

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What methods do you use to build relationships with stakeholders?

Discuss your relationship-building techniques, such as consistent communication, understanding their needs, and maintaining transparency in your dealings. Share examples of how you've successfully cultivated partnerships in previous roles.

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Describe a complex deal you negotiated in your previous roles.

Provide a detailed narrative of a particular deal, including the challenges faced, how you approached negotiations, and the outcome. Emphasize your strategic thinking and effective communication during the negotiation process.

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How do you assess and manage risks associated with new business opportunities?

Explain your systematic approach to risk assessment, such as conducting thorough analyses and evaluating the potential impact on the organization. Discuss how you balance risks against potential benefits to make informed decisions.

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What strategies do you employ to stay updated on industry trends?

Share your methods for keeping abreast of industry developments, such as attending conferences, networking, or following relevant publications. Mention how these trends influence your business development strategies.

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How do you ensure compliance in your work as a Business Development Officer?

Highlight your understanding of compliance requirements and how you incorporate them into your decision-making processes. Share instances where adherence to compliance helped prevent issues or fostered a trustworthy business environment.

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What has been your greatest achievement as a Business Development Officer?

Discuss a specific achievement that highlights your strategic impact on the organization. Use metrics to quantify the outcome and describe the skills that contributed to your success.

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How do you balance multiple complex projects?

Talk about your organizational skills and methods for prioritizing projects based on urgency and impact. Provide examples of tools or practices you use to manage your workload effectively.

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Can you explain your experience with financial modeling and analysis?

Reflect on your experience with financial models, focusing on the types of analyses you've conducted. Explain how these analyses have informed your strategies or decisions in business development roles.

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What motivates you in your role as a Business Development Officer?

Identify key motivators, such as achieving targets, driving innovation, or the thrill of negotiations. Share how these motivators have propelled your performance and success in past positions.

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Citi’s mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. Our core activities are safeguarding assets, lending money, making payments and accessing the capi...

323 jobs
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CULTURE VALUES
Inclusive & Diverse
Rise from Within
Mission Driven
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SENIORITY LEVEL REQUIREMENT
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 28, 2025

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