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Business Development Manager

Bitstamp is the original cryptocurrency exchange.  

We started small in 2011, with just two laptops and big aspirations. Fast forward to today and we have grown to serve over 5 million clients across the globe, who benefit from our commitment to security, transparency and regulation. Whether it’s through our intuitive web and mobile apps or arsenal of industry-leading APIs, Bitstamp is where crypto enters the world of finance.  

Our success is a result of the innovative ideas, talented individuals, and passion of our team. Together, we have helped shaped the crypto industry and continue to do so. We are always on the lookout for new talent and crypto-curious thinkers who share our passion for the future of finance.  

 As a  Business Development Manager, you will join our  US Business Development team to help encompass sales, client growth, account management, lead generation and a number of other important elements including strategic partnership opportunities, events and networking, and internal projects. 

The benefits of Life at Bitstamp 

  • Work from home or other location that allows you to be most productive. 
  • Generous home-office allowances upon joining to help set up your home space. 
  • Incentives: Financial Rewards, Bitstamp Employee Annual Awards, etc. 
  • Sports and cultural activities, pet-friendly offices, a full fridge, teambuilding events, Bitstamp parties. 

What you'll do  

  • Target and source new clients, and in turn grow incremental volume and revenue.
  • Innovate and lead complex client centric initiatives to generate further revenue from existing clients and products. Working with product and management to turn such opportunities into revenue.
  • Formulate and implement innovative client engagement and sales strategies that leverage market insights and position our services as indispensable to clients.
  • Be a mentor and advocate to junior members of the BD team such as BD Associates and Account Managers ensuring they have the tools to develop client relationships and revenues.
  • Skillfully negotiate contracts, manage renewals, and ensure adherence to contractual agreements.
  • Grow and manage a portfolio of key, high-value client accounts, serving as the foremost advocate and point-person for their engagement with Bitstamp.
  • Strategically sell Bitstamp products and features through a deep knowledge of the industry, platform, client business models, and the crypto ecosystem.
  • Proactively collaborate with business development colleagues across regions to maximize growth of global and regional accounts.
  • Develop a pipeline of opportunities through your own existing network, participation in industry events, market research, engagement with incoming leads, cold calling or by using some other, previously agreed approach to growth.
  • Manage your pipeline of leads via Salesforce CRM tools, and keep client and pipeline data up to date.
  • Act as a Client advocate in navigating Bitstamp departments and functions during negotiation, onboarding and issue identification/resolution.
  • Flexibly handle other tasks as directed by your superiors to support the overall success of the team and organization. 

On day one you'll bring

  • At least 3 years of prior experience in Sales/Business development roles with a proven track record of client acquisition.
  • Mandatory experience in financial or fintech industry / fintech, crypto and Blockchain technology, experience working globally. 
  • Characteristics: Responsible, goal oriented, self-initiative, precision, good communication skills, non-conflict, independence, teamwork experience. 
  • Knowledge of another foreign language is an asset.

Average salary estimate

$95000 / YEARLY (est.)
min
max
$70000K
$120000K

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 Business Development Manager, Bitstamp

Are you ready to make an impact in the world of cryptocurrency? Join Bitstamp as a Business Development Manager and be part of a revolutionary journey! Since our launch in 2011, we’ve evolved from two laptops to a powerhouse serving over 5 million clients worldwide. We pride ourselves on our commitment to security, transparency, and regulation, offering innovative solutions through our user-friendly web and mobile apps, as well as leading industry APIs. As a Business Development Manager, you’ll be joining our dynamic US Business Development team, focusing on vital elements like sales, client growth, and strategic partnerships. You will target new clients, drive revenue, and enhance the experience for our existing customers. Your role will require you to leverage market insights to devise effective sales strategies, mentoring junior team members, and skillfully managing high-value client accounts. Enjoy a flexible work environment with generous home-office allowances, financial rewards, and opportunities for team bonding. If you bring at least 3 years of experience in sales or business development, particularly in the fintech or crypto space, and thrive in a goal-oriented atmosphere, Bitstamp may be the place for you. We are passionate about shaping the future of finance and would love for you to join us in this exciting endeavor!

Frequently Asked Questions (FAQs) for Business Development Manager Role at Bitstamp
What are the primary responsibilities of the Business Development Manager at Bitstamp?

As a Business Development Manager at Bitstamp, you will focus largely on client acquisition, revenue growth, and strategic partnerships. This includes innovating client-centric initiatives, negotiating contracts, and managing a portfolio of high-value accounts. You’ll also mentor junior team members and collaborate across regions to drive global growth.

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What qualifications do I need to apply for the Business Development Manager position at Bitstamp?

To qualify for the Business Development Manager role at Bitstamp, you should have at least 3 years of experience in sales or business development, especially within the fintech or crypto industries. A proven track record of client acquisition is essential, along with strong communication skills and the ability to work well in a team.

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What benefits does Bitstamp offer for its Business Development Manager role?

Bitstamp offers a variety of benefits for its Business Development Managers, including the flexibility to work from home, generous home-office allowances, financial rewards, and opportunities for team-building activities. You’ll enjoy an inclusive culture and incentives like Bitstamp Employee Annual Awards.

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What skills are essential for a Business Development Manager at Bitstamp?

Essential skills for a Business Development Manager at Bitstamp include strong negotiation abilities, goal orientation, precision, and excellent communication skills. You'll need to demonstrate self-initiative and independence while having experience working collaboratively within a team.

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How does the Business Development team at Bitstamp collaborate on growth strategies?

The Business Development team at Bitstamp collaboratively focuses on maximizing growth by sharing market insights and innovative strategies. You will be encouraged to connect with colleagues across regions to explore global opportunities, ensuring a united approach to client engagement and revenue generation.

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Common Interview Questions for Business Development Manager
Can you describe your experience in leading client acquisition strategies?

During your interview, focus on concrete examples where you've successfully developed and implemented client acquisition strategies. Explain your approach, the challenges you faced, how you overcame them, and the impact your strategies had on sales metrics and client relationships.

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How do you prioritize tasks when managing multiple high-value client accounts?

It’s crucial to discuss your organizational skills and tools you use, like CRM systems, to track and prioritize tasks. Explain how you assess urgency and importance, and your method for ensuring timely communication and follow-ups with clients.

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What is your approach to mentoring junior team members?

Talk about how you provide guidance, share knowledge, and foster an inclusive environment. Describe a specific scenario where you helped a junior colleague develop skills or navigate challenges, highlighting how their growth contributed to team success.

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How do you stay informed about trends in the fintech and crypto industries?

Explain your methods for industry research, such as following thought leaders, engaging in professional groups, attending conferences, or reading industry publications. Providing examples of how this knowledge impacts your work will showcase your proactive nature.

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Can you share an instance where you successfully negotiated a contract?

Share a specific negotiation scenario that highlights your skills. Describe the situation, the parties involved, the challenges you faced, your strategy, and the outcomes. Emphasizing clarity in communication and finding mutually beneficial terms is key here.

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What strategies do you use to build long-term client relationships?

Discuss your philosophy on client relationships, like active listening, regular check-ins, and personalized service. Share specific tactics you utilize to ensure client satisfaction and engagement, possibly including feedback loops and adaptability to changing client needs.

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How do you approach market research for lead generation?

Demonstrate your analytical skills by outlining your process, which may include identifying target audiences, analyzing competitors, and studying market trends. Provide examples of how research has informed your lead generation strategies in previous roles.

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Describe a challenging sales target you've faced and how you achieved it.

Choose a specific example and explain the context, the sales target challenges, and the approach you took to meet or exceed those targets. Detail tactics, any collaboration with other departments, and strategies that led to your success.

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What role does teamwork play in business development?

Talk about the collaborative nature of business development and how working with diverse teams can lead to innovative solutions. Share an example of how teamwork has helped you achieve results and foster relationships within an organization.

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How do you utilize data to drive your business development efforts?

Discuss your experience with data analysis and how it informs your strategy. Highlight how you use data insights to identify opportunities, measure success, and refine tactics to enhance client engagement and drive sales growth.

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Founded in 2011, Bitstamp is a bitcoin exchange platform that allows trading between fiat currency, bitcoin, and other cryptocurrencies Bitstamp is located in the United Kingdom

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Full-time, remote
DATE POSTED
December 13, 2024

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