Business Development Executive duties and responsibilities
The duties and responsibilities of a Business Development Executive revolve around managing and expanding the sales process and client relationships, as well as managing a team of staff to contribute to the effort. Other key duties can include:
- Identifying and managing risks
- Building and maintaining strong client relationships
- Tracking and identifying new growth opportunities
- Working with a diverse team of staff and managers
- Making presentations and sales pitches to investors
- Leading communication and collaborations at a company-wide level
Business Development Executive skills and qualifications
A Business Development Executive is a highly specialized position with extensive responsibilities, from leadership to risk management. Hard skills are related to technical knowledge and training, while soft skills are traits such as leadership and communication. The job also requires being comfortable engaging with people at every level, from support staff to high-level executives. Some specific skills and qualifications required include:
- Outstanding leadership and management skills
- Project management and sales experience
- Ability to use productivity software and tools
- Attention to detail and ability to analyze complex information
- Well-developed communication skills in-person and in a variety of media
- Problem-solving abilities
- Goal-setting skills
Business Development Executive experience requirements
To be effective in their job, a Business Development Executive generally needs at least five years of experience at some level of business or sales management. This is because the job requires managerial skills and responsibility for team members and experience with client interaction, delivering presentations, and developing leads.
Business Development Executive education and training requirements
At a minimum, the duties of a Business Development Executive require a bachelor’s degree in business, marketing, or a related field. This will ensure that the candidate has obtained the basic level of skills, training, and knowledge to perform the job responsibilities. Sales, management and marketing training are a plus. For some companies in more specialized fields, a master’s degree in business administration may be necessary.
Business Development Executive salary expectations
According to Indeed Salaries, the average salary for a Business Development Executive in Canada is $55,141 per year. However, this may vary depending on qualifications, the specific company, and the location of the job.
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