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Director of Strategic Business Development

Our Company

Private investments such as venture capital, hedge funds, and private equity make up roughly 25% of the investment universe. Traditionally, investors, advisors, banks, families, and managers track hundreds of investments in complicated spreadsheets, file folders, and busy inboxes. Not only is this tedious and time-consuming, but it is rife with opportunities for manual data entry errors, inconsistent reporting, and lost information. Enter Arch.

Arch is a Series A financial technology company that automates the management of private investments, improving access, understanding, and the human experience of investing across asset classes. Arch delivers standardized data, documents, and insights in a single platform, avoiding the need to chase information across dozens or hundreds of fund manager portals. Our purpose is to save investors time while empowering them to make more informed investment decisions, leading to better financial outcomes. 

We are a fast growing, dynamic company serving hundreds of clients, and we are looking to hire in all departments as we scale.

The Role:
We are hiring a high-performing Director of Strategic Business Development to drive business across enterprise and strategic accounts. We’re a product-first company with significant commercial traction and continually reinvest in our product. As an Arch Director of Strategic Business Development, you will play a pivotal role in meeting, understanding, and serving core accounts to accelerate our market presence and revenue growth.

At Arch you will:

  • Build relationships with the people inside banks, institutions, investment advisors, and other firms who allocate capital and would greatly benefit from the Arch platform.

  • Manage end-to-end client acquisition process - including lead generation, qualification, product demonstration, and conversion 

  • Collaborate cross-functionally with Partnerships, Product, Operations, and the Executive Leadership team to acquire and attract new clients

  • Learn from every interaction, bringing market insights to Arch Engineering and Operations to improve the core product continually.

Reach out to us if you:

  • Have 5-7 years of experience in Business Development within a SaaS technology company, preferably in a growth stage startup. 

  • Seek massive opportunities, jump on them, and take initiative.

  • High energy, love talking to people, and want to work on complex customer problems.

  • Are obsessed with personal growth and feedback – you improve every day and will be given the tools to do so.

  • Will put in the work to understand each client’s needs and help them make the most informed decision of what’s in their best interest. When clients are properly informed, they choose Arch. 

  • Take a long-term perspective and uphold Arch's brand and relationships with potential partners above all else. There are two degrees of separation between most potential clients.

  • Want to hustle alongside an ambitious team to have an impact. You’re energized by deep understanding of your customer’s problems, helping them, and will not stop until you solve them. 

  • Excited by working late and where you get to solve meaningful problems. 

  • Have a consultative and problem-solving mindset (we are not a super salesy organization).

Bonus points if you:

  • Have previously worked in wealth management, a family office, fund management, accounting, or a related financial field.

  • Possess deep understanding of Alternative Investments industry trends, products, and services.

  • Are familiar with the terms capital calls, IRRs, recallable distributions, or K-1s.

A Note about us:

All of our roles are based full-time at our New York City office, where our team thrives on in-person collaboration and dynamic teamwork. Being onsite daily enables us to build strong connections, collaborate effectively to solve challenges, and foster an engaging environment focused on shipping product and delivering exceptional service to our clients.

We encourage applicants currently located in or willing to relocate to the NYC area to join us in this exciting, hands-on workspace.

Some perks of working for Arch include:

  • Strong Team – You’ll be backed by a strong team that consistently exceeds client expectations and ships new products quickly.

  • Your work is high impact - Being part of a small team means you have real responsibility and impact from day one. You'll be involved in discussions that drive the growth and direction of our platform from the very beginning.

  • Product Market Fit – We have strong product market fit, exceptionally low churn, and have grown mostly organically through word of mouth.  

  • Team community and camaraderie – We have enormous trust in each other and always do what we can do to support one another. We're always ready to step in to help.

  • Lunch is on Us – Grab lunch on us while you’re in the office and take a break to laugh, brainstorm, or just hang out with your teammates over a meal.

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Average salary estimate

$135000 / YEARLY (est.)
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$120000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Director of Strategic Business Development, ARCH

We're thrilled to announce an exciting opportunity at Arch for a Director of Strategic Business Development! Nestled in the heart of New York City, Arch is transforming the private investment landscape, enabling investors to manage their assets seamlessly through our innovative platform. In this groundbreaking role, you'll harness your expertise to cultivate relationships with financial institutions, banks, and investment advisors who are primed to benefit from what Arch has to offer. Building connections is just the start; you’ll take charge of the entire client acquisition journey—from lead generation to conversion—while collaborating closely with our dynamic teams to tailor our offerings to meet client needs. Your insights will directly influence our product improvements, ensuring we remain at the forefront of the industry. We're in search of someone who's not just experienced, but passionate, driven, and eager to solve complex challenges. If you thrive in fast-paced environments and want to make a significant impact from day one, then Arch is the place for you! Join us and be a part of a collaborative culture that values growth and innovation. With us, your contributions will truly matter and you'll enjoy perks like team lunches and a strong community spirit. Let’s chart the future of private investing together!

Frequently Asked Questions (FAQs) for Director of Strategic Business Development Role at ARCH
What does the Director of Strategic Business Development role at Arch entail?

The Director of Strategic Business Development at Arch is responsible for driving business growth across enterprise and strategic accounts. This entails building robust relationships within banks and investment firms, overseeing the complete client acquisition process, and ensuring client needs are met effectively.

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What qualifications are needed for the Director of Strategic Business Development role at Arch?

Arch is seeking candidates with 5-7 years of experience in Business Development within a SaaS technology setup, ideally in a growth stage startup. Candidates should also have a consultative mindset and a passion for solving complex customer challenges.

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Is the Director of Strategic Business Development role at Arch based in New York?

Yes, the Director of Strategic Business Development position at Arch requires full-time presence in our New York City office, as we emphasize in-person collaboration to foster strong teamwork and connection.

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What skills are essential for success in the Director of Strategic Business Development position at Arch?

Successful candidates should possess excellent communication and problem-solving skills, high energy, and the ability to empathize with clients to address their unique needs, alongside a strong understanding of the alternative investments landscape.

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What kind of company culture does Arch promote for the Director of Strategic Business Development role?

Arch is committed to maintaining a collaborative and supportive company culture. Teamwork and camaraderie drive our daily operations, allowing everyone to contribute effectively while enjoying perks like communal lunches.

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How can being a Director of Strategic Business Development at Arch impact my career?

This role at Arch offers high visibility and the chance to influence the growth strategy directly. You'll be part of a strong team where your contributions are valued from day one, ensuring significant impact on your career advancement.

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What are the benefits of working at Arch as a Director of Strategic Business Development?

Working at Arch provides several perks, including strong team support, high-impact responsibilities, and the opportunity to be part of a company with strong product-market fit. Our environment encourages personal growth and transparent communication.

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Common Interview Questions for Director of Strategic Business Development
Can you describe your experience in business development within a SaaS environment?

When answering this question, highlight specific projects or accomplishments you achieved in business development roles. Discuss metrics and how you contributed to the growth of the company, emphasizing leadership and key strategies used.

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How do you prioritize potential clients when managing multiple leads?

Outline your approach to assessing lead quality and prioritizing based on potential revenue, alignment with company goals, or ease of acquisition. Track your prioritization process and make it data-driven, if possible.

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What techniques do you use to build relationships with high-value clients?

Share your methods for relationship-building, such as personalized communication, regular follow-ups, or understanding client needs. Explain how these techniques have led to successful partnerships in past roles.

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Describe a challenging situation you faced in business development and how you overcame it.

Provide a specific example of a challenge you encountered; detail your thought process, the actions you took, and the results. Focus on problem-solving and your adaptability to overcome obstacles.

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How do you stay informed about trends in the alternative investments industry?

Discuss your strategies for staying updated on industry trends, such as reading trade publications, attending conferences, or networking with industry professionals. These demonstrate your commitment to continuous learning.

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What role do feedback and personal growth play in your professional development?

Explain how you actively seek feedback from peers and superiors and how you use it constructively to improve your skills. Share examples of how you’ve adapted based on past feedback to showcase your willingness to grow.

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How would you approach the client acquisition process as Director of Strategic Business Development at Arch?

Discuss your structured framework for client acquisition, including research, targeted outreach, needs assessment, and conversion strategies. Emphasize customization based on client needs and maintaining a consultative approach.

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What are your thoughts on creating a strong team culture in a startup environment?

Outline your view on fostering strong team culture through open communication, giving back to the community, and encouraging collaboration. Provide examples of how you’ve contributed to team culture in previous roles.

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How do you handle objections from potential clients?

Share your approach to handling objections, focusing on active listening and offering solutions to alleviate concerns. Draw from real-life examples where you successfully converted a skeptical lead into a delighted client.

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Can you discuss a time when market insights significantly influenced a business decision you made?

Provide a specific instance where market insights led to actionable strategies or decisions. Detail the insights you gathered, how you analyzed them, and the positive outcome resulting from those insights.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
November 27, 2024

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