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Director of Business Development, Legal, Compliance, and Risk

Job Summary:

Under the direction of the National Director, Channel Business Development and in collaboration with practice leadership, and the Chief Business Development Officer, the Director of Business Development, Legal, Compliance & Risk, is responsible for driving, monitoring, and improving sales performance for BDO’s legal channel service offerings including electronic discovery, digital forensics, information governance, cyber security, data analytics, forensic accounting, and investigations. This position is also charged with building the sales presence and identifying, helping to pursue new business opportunities and closing sales in line with the Firm, regional and office business strategies. 


Job Duties:

  • attorneys, mainly Partners in top law firms, as well as corporate counsel, compliance, and risk professionals within corporations 
  • Brings a strong network of C-Suite and legal market contacts which can be translated into new business
  • Creates and executes against business development plans in conjunction with Advisory Principals and Managing Directors in the local market for services relevant to the target market defined
  • Identifies business development activities necessary to drive opportunities and define cross-selling and key account programs
  • Facilitates monthly meetings with the Regional BD Director or their designee as well as practice leaders to design, implement, and report on business development / marketing plans for the practice
  • Collaborates alongside practice leaders to understand service capabilities and reports back to the team on market perceptions, competitor activity, and market pulse
  • Distributes business development plans, goals, and progress reports to Advisory practice leaders each quarter for feedback
  • Facilitates the monthly production of pursuit/pipeline reports
  • Directs practice strategies and resources to improve sales effectiveness and maintains compliance with national processes
  • Works alongside Principals to negotiate pricing and overall delivery of services with prospects
  • Provides feedback to National Business Development Services on processes, templates, tools, etc.
  • Coordinates with BDO Alliance USA and BDO International member firms on initiatives, as appropriate

Supervisory Responsibilities:

  • N/A


Qualifications, Knowledge, Skills and Abilities:

Education:

  • Bachelor’s Degree and five (5) or more years of business development / marketing experience in a professional services environment or industry relevant firm required; OR High School Diploma/GED and seven (7) or more years of business development / marketing experience in a professional services environment or industry relevant firm, required
  • Bachelor’s Degree in Business Administration or Marketing, preferred
  • Advanced Degree (JD, MBA), preferred 

Experience:

  • Track record of developing business relationships with- level executives (CEOs, CFOs, Board of directors, etc.) and referral sources (attorneys, bankers, etc.), required
  • Experience working in professional services firms including accounting, cyber security, data analytics, software, business advisory services and/or electronic discovery industries, preferred

License/Certification:

  • N/A

Software:

  • Proficient in the use of Microsoft Office Suite, required
  • Client relationship management(CRM) experience, required
  • Microsoft Dynamics, preferred

Language:

  • N/A

Other Knowledge, Skills, & Abilities:

  • Advanced knowledge in the development, management and execution of sales processes including business development planning, lead generation, event planning, pipeline management, account planning management, sales strategy, and development
  • Ability to develop business relationships with C-Suite executives (CEOs, CFOs), Board of Directors and referral sources (attorneys, bankers, etc.)
  • Ability to thoughtfully and positively influence, lead, marshal resources, and manage change in a matrix environment
  • Strong business acumen with an ability to understand and communicate BDO's business, marketplace and value proposition
  • Knowledge of contact management software including updating, maintenance, and list generation 
  • Excellent project management skills
  • Capable of working in a deadline-driven environment and handle multiple projects simultaneously 
  • Excellent verbal and written communication, as well as the ability to present and facilitate 
  • Capacity to travel to the assigned offices within the region on a periodic basis to meet with business development / marketing personnel, participation in events or sales meetings, and attend regional and national meetings, as necessary (up to 50 percent annually)

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate’s qualifications, experience, skills, and geography.

California Range:  $150,000 - $200,000 
Colorado Range:  $150,000 - $200,000 
Illinois Range:  $150,000 - $200,000 
Maryland Range:  $150,000 - $200,000 
Minnesota Range:  $150,000 - $200,000 
NYC/Long Island/Westchester Range:  $150,000 - $200,000 
Washington Range:  $150,000 - $200,000
Washington DC Range:  $150,000 - $200,000

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CEO of BDO USA
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Wayne Berson
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Average salary estimate

$175000 / YEARLY (est.)
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$150000K
$200000K

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What You Should Know About Director of Business Development, Legal, Compliance, and Risk, BDO USA

Are you ready to take your career to the next level? BDO is on the lookout for a passionate and driven Director of Business Development, Legal, Compliance, and Risk to join our dynamic team in Washington, DC. In this leadership role, you'll be working closely with the National Director and practice leadership to enhance our legal channel service offerings. Imagine leveraging your extensive network of C-Suite executives and legal professionals to build new business opportunities in sectors like electronic discovery and cyber security. You'll create strategic business development plans, identify activities for driving new opportunities, and work side-by-side with practice leaders to ensure we stay ahead in the market. You'll appreciate the collaborative environment where your insights on market perceptions and competitor activities will be valued. Additionally, you’ll work with our Principals to negotiate pricing and deliver top-notch services to our clients while facilitating essential communication within our teams. Your expertise in managing business relationships and your innovative approach to problem-solving will be key in ensuring our growth and compliance alignment. With a track record in a professional services environment, you’ll bring a wealth of experience that will help BDO continue to set the standard. If you're looking for an opportunity where your talents can shine and your efforts will make a real impact, we would love to hear from you!

Frequently Asked Questions (FAQs) for Director of Business Development, Legal, Compliance, and Risk Role at BDO USA
What does a Director of Business Development at BDO do?

The Director of Business Development, Legal, Compliance, and Risk at BDO is primarily responsible for driving sales performance within the legal channel offerings. This role includes building relationships with Partners in law firms and corporate counsel, executing business development plans, and identifying new business opportunities to ensure the firm’s growth and compliance.

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What qualifications are needed for the Director of Business Development at BDO?

To qualify for the Director of Business Development at BDO, candidates typically need a Bachelor’s Degree along with five or more years of relevant business development experience in a professional services environment. A strong background in business relationships with C-Suite executives is crucial, and advanced degrees such as an MBA are preferred.

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What are the key responsibilities of the Director of Business Development role at BDO?

Key responsibilities include developing and executing strategic business plans, facilitating meetings with practice leaders, negotiating services and pricing, and reporting on progress towards business development goals. The role requires a proactive approach to identifying and pursuing new opportunities in legal services.

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How does a Director of Business Development contribute to BDO's success?

A Director of Business Development directly contributes to BDO's success through the acquisition of new clients and strengthening existing relationships. By collaborating with various practice leaders and utilizing their deep industry knowledge, they drive sales effectiveness and ensure that BDO remains competitive in the market.

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What skills are essential for the Director of Business Development position at BDO?

Essential skills include excellent project management, strong verbal and written communication, and the ability to influence and lead in a matrix environment. A deep understanding of sales processes and the ability to handle multiple projects simultaneously are also critical for success in this role.

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Common Interview Questions for Director of Business Development, Legal, Compliance, and Risk
Can you describe your approach to developing business relationships with C-Suite executives?

When developing relationships with C-Suite executives, I focus on understanding their specific needs and challenges. Building rapport and trust is crucial, so I tailor my communication to demonstrate how our solutions can directly benefit their organization.

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How do you prioritize business development activities in your role?

I prioritize business development activities based on potential ROI and alignment with our strategic goals. I ensure that we focus on high-impact initiatives while remaining adaptable to emerging opportunities in the market.

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What strategies do you use for effective sales negotiations?

Effective sales negotiations require thorough preparation and strong communication skills. I utilize a consultative approach to understand the client’s needs while ensuring that we position our offerings compellingly to meet those needs.

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How do you stay updated on market trends and competitor activities?

To stay informed, I regularly engage in industry networking and subscribe to relevant publications. I also collaborate with my team to analyze market data, allowing us to adjust our strategies proactively.

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Can you give an example of a successful business development plan you executed?

One successful business development plan I executed involved a targeted outreach campaign to corporate counsel within a specific sector. By leveraging my network and aligning our services with their strategic needs, we secured several high-value contracts.

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What role does collaboration play in your business development efforts?

Collaboration is fundamental to my approach. By working closely with practice leaders and various stakeholders, we ensure that everyone is aligned, maximizing our outreach effectiveness and tailored engagement strategies.

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How do you measure the success of your business development initiatives?

I measure success through various KPIs such as new client acquisition rates, revenue growth in specific segments, and the effectiveness of campaign outreach, along with regular feedback from our team and clients.

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How do you handle setbacks in pursuing new business opportunities?

When faced with setbacks, I view them as learning experiences. I analyze what went wrong, gather feedback, and adjust my strategy accordingly. Resilience and adaptability are key to thriving in business development.

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What excites you about the legal compliance and risk industry?

I am particularly excited about the ever-evolving nature of the legal compliance and risk industry. The challenges presented by technology advancements and regulatory changes create dynamic opportunities for innovation and growth.

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What role does data analytics play in your business development strategy?

Data analytics is crucial for identifying market trends and understanding client behavior. By leveraging data effectively, I ensure our strategies are informed and targeted, ultimately driving more successful outcomes.

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DATE POSTED
April 2, 2025

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