What does a senior consultant, business development do?
Senior Business Development Consultants are responsible for recruiting independent financial advisors and helping advisors look for assets. Their value is determined through business consultations and understanding the workings of financial practice. Their experience should allow them to know how to recruit the best independent financial advisors and communicate with them. Senior Business Development Consultants are committed to a sound recruiting routine, persistency, and the ability to close deals using any communication channel.
Senior consultant, business development responsibilities
Here are examples of responsibilities from real senior consultant, business development resumes:
- Improve the company's Salesforce CRM system to maintain an accurate list of leads, clients and projects/cases.
- Manage and negotiate key vendor relationships including financial transaction processing, product marketing, advertising and collateral fulfillment to maximize ROI.
- Track the entire sales cycle in SalesForce and assemble the back office resources to ensure the proper client satisfaction.
- Develop and maintain an accurate list of prospects and clients in a proprietary client relationship management system (CRM).
- Identify organizations for company to become vendor-list and receive RFP notices.
- Develop case-studies and RFP responses and investigate potential business partners/affiliations to expand operations.
- Utilize visualization techniques, forecasting, modeling, statistical analysis, and predictive analytics to design and maintain internal business solutions.
- Assist in establishing social media presence for the company (specifically LinkedIn).
- Work as business executive to attract new clients from social networks such as LinkedIn, for e-publishing.
- Leverage market knowledge and expertise to facilitate customers maximizing their return on investment for oil and gas exploration and production.
Senior consultant, business development skills and personality traits
We calculated that 32% of Senior Consultants, Business Development are proficient in SQL, Healthcare, and Project Management. They’re also known for soft skills such as Business skills, Collaboration skills, and Instructional skills.
We break down the percentage of Senior Consultants, Business Development that have these skills listed on their resume here:
- SQL, 32%
Created SQL scripts for Database tables, Entity classes and DAO for data persistence to the database.
- Healthcare, 17%
Organized coverage of FinTech and Healthcare Information Technology.
- Project Management, 13%
Recruited and placed consultants in fields of application development and project management.
- SR, 11%
Job Responsibilities as Sr. Auction Consultant / Sr. Business Development Executive: Development of Business in International Market.
- UAT, 10%
Deployed universes and reports to production from Test environment (UAT) using Import Wizard.
- Lean Six Sigma, 1%
Managed an automated letter project using Lean Six Sigma techniques with an outside vendor to send the letters.
Most senior consultants, business development use their skills in "sql," "healthcare," and "project management" to do their jobs. You can find more detail on essential senior consultant, business development responsibilities here:
Business skills. One of the key soft skills for a senior consultant, business development to have is business skills. You can see how this relates to what senior consultants, business development do because "training and development managers must understand business operations in order to match training with business goals." Additionally, a senior consultant, business development resume shows how senior consultants, business development use business skills: "worked on development of a business analyst/functional consultant role to compliment technical/scripting specialties within erp guru. "
Collaboration skills. Another essential skill to perform senior consultant, business development duties is collaboration skills. Senior consultants, business development responsibilities require that "training and development managers need strong interpersonal skills because delivering training programs requires working in concert with staff, trainees, subject matter experts, and the organization’s leaders." Senior consultants, business development also use collaboration skills in their role according to a real resume snippet: "account conversion tools included saas cloud-hosted enterprise management and collaboration software. "
Instructional skills. senior consultants, business development are also known for instructional skills, which are critical to their duties. You can see how this skill relates to senior consultant, business development responsibilities, because "training and development managers need to understand the fundamentals of teaching and lesson planning." A senior consultant, business development resume example shows how instructional skills is used in the workplace: "jump-started stalled product development across all instructional media (cds, dvds, websites, books). "
Leadership skills. senior consultant, business development responsibilities often require "leadership skills." The duties that rely on this skill are shown by the fact that "managers are often in charge of a staff and programs." This resume example shows what senior consultants, business development do with leadership skills on a typical day: "demonstrated hr leadership in strategic partnership with cvs caremark to ensure seamless transition to new arrangement. "
Communication skills. Another common skill required for senior consultant, business development responsibilities is "communication skills." This skill comes up in the duties of senior consultants, business development all the time, as "training and development managers must clearly convey information to diverse audiences." An excerpt from a real senior consultant, business development resume shows how this skill is central to what a senior consultant, business development does: "developed relationship building program targeting consumer lifestyle brands for award-winning communications firm. "
See the full list of senior consultant, business development skills
The three companies that hire the most senior consultant, business developments are:
- Elevance Health
11 senior consultants, business development jobs
- New York Life Insurance4 senior consultants, business development jobs
- Conduent3 senior consultants, business development jobs
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Compare different senior consultants, business development
Senior consultant, business development vs. Business consultant
A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.
While similarities exist, there are also some differences between senior consultants, business development and business consultant. For instance, senior consultant, business development responsibilities require skills such as "sql," "sr," "lean six sigma," and "executive leadership." Whereas a business consultant is skilled in "strong analytical," "analytics," "tableau," and "process improvement." This is part of what separates the two careers.
Business consultants earn the highest salaries when working in the technology industry, with an average yearly salary of $89,294. On the other hand, senior consultants, business development are paid more in the professional industry with an average salary of $100,087.The education levels that business consultants earn slightly differ from senior consultants, business development. In particular, business consultants are 4.0% more likely to graduate with a Master's Degree than a senior consultant, business development. Additionally, they're 0.3% more likely to earn a Doctoral Degree.Senior consultant, business development vs. Executive consultant
An executive consultant gives support and guidance to the company's management team. Their duties may vary depending on each client's needs. Other companies hire consultants to solve a particular problem or assist with operations, employees, or strategic planning. They advise partner companies in business development opportunities to pursue financial goals and financial growth. They can also provide consulting services for non-profit organizations to act as an executive member.
Each career also uses different skills, according to real senior consultant, business development resumes. While senior consultant, business development responsibilities can utilize skills like "sql," "sr," "uat," and "lean six sigma," executive consultants use skills like "process improvement," "c-suite," "client relationships," and "business strategy."
On average, executive consultants earn a higher salary than senior consultants, business development. Some industries support higher salaries in each profession. Interestingly enough, executive consultants earn the most pay in the technology industry with an average salary of $139,883. Whereas senior consultants, business development have higher pay in the professional industry, with an average salary of $100,087.Average education levels between the two professions vary. Executive consultants tend to reach higher levels of education than senior consultants, business development. In fact, they're 5.0% more likely to graduate with a Master's Degree and 0.3% more likely to earn a Doctoral Degree.What technology do you think will become more important and prevalent for senior consultant, business developments in the next 3-5 years?
Tammy Bosley Ph.D.
Assistant Professor, Program Coordinator for Communication Studies, Lorain County Community College
Senior consultant, business development vs. Principal consultant
A principal consultant is responsible for evaluating business' needs and opportunities, identifying potential leads to create project proposals, and maintaining strong business relationships that would generate revenues and increase the organization's profitability. Principal consultants must be up-to-date with the current market trends to ensure that the business adapts to the industry's changes. They also initiate new product development to expand its brand image, working closely with the marketing team for marketing strategies and promotions.
The required skills of the two careers differ considerably. For example, senior consultants, business development are more likely to have skills like "sql," "sr," "lean six sigma," and "executive leadership." But a principal consultant is more likely to have skills like "cloud," "c #," "customer satisfaction," and "java."
Principal consultants earn the highest salary when working in the finance industry, where they receive an average salary of $119,120. Comparatively, senior consultants, business development have the highest earning potential in the professional industry, with an average salary of $100,087.principal consultants typically earn higher educational levels compared to senior consultants, business development. Specifically, they're 8.6% more likely to graduate with a Master's Degree, and 0.4% more likely to earn a Doctoral Degree.Senior consultant, business development vs. Business development and marketing manager
The business development and marketing manager is in charge of overseeing a company's marketing programs and projects. They primarily manage and coordinate teams, set goals and guidelines, organize budgets and timelines, conceptualize plans, and develop strategies to optimize operations. They may also liaise with clients and suppliers, streamline marketing materials, and train staff. Furthermore, as a manager, it is essential to lead and encourage the workforce to reach goals, all while enforcing the company's policies and regulations.
Types of senior consultant, business development
Updated January 8, 2025
