1031 Exchange Business Development Officer

Northern BankWoburn, Massachusetts

$140,000 - $185,000 / year

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Overview

Schedule

Alternate-schedule

Full-time

Career level

Senior-level

Remote

On-site

Compensation

$140,000-$185,000/year

Benefits

Career Development

Job Description

SUMMARY/OBJECTIVE:The 1031 Exchange Business Development Officer is responsible for business development for the Northern 1031 Exchange and Northern Realty platforms by identifying and pursuing opportunities with existing Northern Bank clients and non-clients.KEY RESPONSIBILITIES:

Achieve monthly, quarterly, and annual deposit and revenue related goals established in the annual budgeting process
Grow 1031 business by developing new clients and new business opportunities and leverage existing networks
Build portfolio of local and national clients, manage relationships and drive strong client satisfaction
Attend industry specific trade shows, conferences, and seminars. Night and weekend work and travel may be required
Actively solicit CPA firms, Law Firms and Real Estate Agencies to establish relationships, and set Northern as Qualified Intermediary of choice
Set up on site, in-house or virtual appointments, classes and webinars for center of influences. CE credit offered for accredited schools
Answering all calls and emails in a timely manner. Some nights, weekends and holidays will be required
Identify any potential cross selling opportunities to Northern Realty for broker’s referral fees, Northern Financial or Asset Strategy for DST sales, Northern Bank Commercial Loan team and Northern Home Loan

JOB QUALIFICATIONS:

Bachelor’s Degree required; MBA/CES preferred
10+ years in sales and marketing experience in real estate or 1031 Exchange industry
Basic understanding of 1031 Exchange tax code
Strong verbal and written skills
Strong analytical and problem-solving skills; well organized
Massachusetts Real Estate Agent license

The annual salary range for the 1031 Exchange Business Development Officer is $140000 - $185000 per year.

About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).

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FAQs About 1031 Exchange Business Development Officer Jobs at Northern Bank

What is the work location for this position at Northern Bank?

This job at Northern Bank is located in Woburn, Massachusetts, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Northern Bank?

Candidates can expect a pay range of $140,000 and $185,000 per year.

What employment applies to this position at Northern Bank?

Northern Bank lists this position under the following employment categories:

Alternate-schedule
Full-time

What experience level is required for this role at Northern Bank?

Northern Bank is looking for a candidate with "Senior-level" experience level.

What benefits are offered by Northern Bank for this role?

Northern Bank offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.

What is the process to apply for this position at Northern Bank?

You can apply for this role at Northern Bank either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.