Business Development Officer

Job Title
Strategic Partner Business Development Officer ("Business Development Officer" or "BDO")
WebBank (the "Bank") is headquartered in Salt Lake City, Utah, and is an FDIC-insured, state-chartered industrial bank that provides customized consumer and commercial financing solutions on a nationwide basis. 


Strategic Partnership Group
The Bank, under the management of the Bank's Strategic Partnership Group ("SP Group"), is a leading provider of closed-end and revolving private-label and bank card financing programs.
Operating in cooperation with third-party vendor relationships ("Strategic Partners"), the Bank originates and funds a variety of consumer and commercial (small to medium-size business) private-label (closed-loop network) or bank card (i.e. MasterCard) programs ("Strategic Partner Programs").


Job Summary
The Business Development Officer reports directly to the SP Group Director and is responsible for managing the initial development, due diligence and selection process of Strategic Partners and Strategic Partner Programs.  The BDO shall be the single point of contact for each prospective partner in order to manage the Bank's initial due diligence and selection process, as well as support the SP Group in the in-depth due diligence, contract negotiations, and implementation processes.  The BDO shall work closely with the Business Research Analyst and other respective departments within the Bank and third-party resources (i.e. Outside Counsel, Independent Third-Party Specialists) that are required to complete the initial due diligence and selection process of prospective partners.


 Position Requirements