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Business Development Operations - job 1 of 2

Company Description

IFS is a billion-dollar revenue company with 7000+ employees on all continents. Our leading AI technology is the backbone of our award-winning enterprise software solutions, enabling our customers to be their best when it really matters–at the Moment of Service™. Our commitment to internal AI adoption has allowed us to stay at the forefront of technological advancements, ensuring our colleagues can unlock their creativity and productivity, and our solutions are always cutting-edge.

At IFS, we’re flexible, we’re innovative, and we’re focused not only on how we can engage with our customers but on how we can make a real change and have a worldwide impact. We help solve some of society’s greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and understand our responsibility to reflect the diverse world we work in. We are committed to promoting an inclusive workforce that fully represents the many different cultures, backgrounds, and viewpoints of our customers, our partners, and our communities. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We’re looking for innovative and original thinkers to work in an environment where you can #MakeYourMoment so that we can help others make theirs. With the power of our AI-driven solutions, we empower our team to change the status quo and make a real difference.

If you want to change the status quo, we’ll help you make your moment. Join Team Purple. Join IFS.

We embrace flexibility and hybrid work opportunities to support diverse needs and lifestyles, while also valuing inclusive workplace experiences. By fostering a sense of community, we drive innovation, strengthen connections, and nurture belonging. Our commitment ensures you can work in a way that suits you best, while also engaging with colleagues to share ideas and build meaningful relationships

Job Description

Business Development Operations 

About the Role:

We are seeking a highly motivated and analytical Business Development Operations Specialist to play a crucial role in optimizing the performance and efficiency of our Business Development (BD) team. This role will be instrumental in managing our BD tech stack, identifying growth opportunities, tracking performance, and enabling the team to achieve its targets. The ideal candidate will possess a strong knowledge of sales processes, data analysis, and technology, with a passion for driving continuous improvement.

Key tasks:

Tech Stack Management:

  • Review and Assessment: Evaluate the current BD tech stack (CRM, Outreach, Demandbase, Consensus, Lusha, LinkedIn Sales Nav, etc.), evaluating usage, effectiveness, and ROI.
  • Platform Optimization: Improve the utilization of existing platforms, streamlining workflows and maximizing their potential.
  • Integration and Reporting: Enhance integrations between platforms to ensure seamless data flow and develop robust reporting mechanisms to track key metrics.
  • Collaboration: Work closely with other departments (e.g., Customer Success, Marketing) to evaluate and improve the overall tech stack ecosystem.

Performance and Improvement:

  • Opportunity Identification: Identify areas for improvement within the BDR team, including process gaps, misalignment with other departments, and ineffective tool utilization.
  • Performance Tracking: Monitor key performance indicators (KPIs) related to growth, inbound conversion rates, and opportunity creation. Analyse activity levels to ensure optimal performance across the BD team.
  • Data Analysis: Use data to identify trends, patterns, and areas of underperformance. Use data-driven insights to recommend and implement process changes and improvements to current working practices.
  • Corrective Actions: Develop and implement corrective action plans to address underperforming areas and drive overall business performance.

Team Enablement and Collaboration:

  • Process Enablement: Train and enable the BD team on new processes, tools, and best practices, ensuring consistent execution and optimal performance.
  • Cross-Functional Collaboration: partner closely with the BD Enablement team and Marketing teams to maintain alignment, share best practices, and ensure seamless integration of processes and technologies. Stay informed of process changes within these departments and adapt BD workflows accordingly.

Qualifications

Qualifications:

  • Proven history in a Business Development Operations or similar role.
  • Strong knowledge of sales processes and methodologies.
  • proven history in managing and optimizing sales technology platforms (CRM, Outreach, Demandbase, Consensus, Lusha, LinkedIn Sales Nav, etc.).
  • Excellent analytical and problem-solving skills, with the ability to translate data into actionable insights.
  • Strong communication and social skills, 1 with the ability to effectively collaborate with cross-functional teams.

 

Additional Information

PLEASE NOTE THIS ROLE CAN BE BASED FROM, SRI LANKAN OFFICE, OR UK OFFICE

Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

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 Operations, IFS

At IFS, we’re on the lookout for a driven and analytical Business Development Operations Specialist to join our vibrant London team. Imagine being at the center of our Business Development efforts, where your insights will directly influence the effectiveness and efficiency of our incredible BD team. In this role, you’ll be diving into our BD tech stack, evaluating tools like CRM, Outreach, and LinkedIn Sales Nav to ensure we're getting the most bang for our buck. You'll be responsible for optimizing these platforms, improving workflows, and ensuring robust reporting mechanisms that track crucial KPIs and growth metrics. Your keen analytical skills will enable you to uncover hidden patterns and pinpoint areas of improvement, helping the team hit their targets one after the other. Not only will you be making a significant impact on performance, but your role will also involve training and enabling the BD team on best practices and new tools, fostering an environment of continuous improvement. Collaborating closely with other teams such as Customer Success and Marketing will allow you to align processes and create a seamless tech ecosystem. Here at IFS, we value innovative thinkers who thrive in a hybrid work environment where flexible lifestyles are embraced. Join us and take on the exciting challenge of redefining business development operations while creating meaningful changes that resonate across the globe. It’s time to #MakeYourMoment with IFS!

Frequently Asked Questions (FAQs) for Business Development Operations Role at IFS
What are the key responsibilities of a Business Development Operations Specialist at IFS?

As a Business Development Operations Specialist at IFS, you'll have an array of key responsibilities that will shape the success of our BD team. These include managing and optimizing our technology stack, monitoring performance metrics, and collaborating with different departments to drive growth. Your role will center around analyzing data to identify improvement opportunities in our sales processes, ensuring that every tool in our BD tech stack is utilized to its fullest potential.

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What qualifications are needed for the Business Development Operations role at IFS?

To excel in the Business Development Operations position at IFS, candidates should hold a proven history in a similar role, showcasing critical knowledge of sales processes and methodologies. Experience in managing and optimizing sales technology platforms like CRM, Outreach, and LinkedIn Sales Nav is essential, alongside strong analytical and problem-solving abilities. Moreover, excellent communication skills will enable you to effectively collaborate across teams, facilitating an integrated approach to business development.

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How does the Business Development Operations Specialist contribute to team performance at IFS?

The Business Development Operations Specialist plays a pivotal role in enhancing team performance by utilizing data-driven insights to implement corrective action plans that address underperformance. By continuously monitoring KPIs and regular performance tracking, you'll be positioned to identify trends and recommend actionable strategies for improvement. This ultimately empowers the BD team to meet and exceed their operational targets.

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What kind of work environment can a Business Development Operations Specialist expect at IFS?

At IFS, the work environment for a Business Development Operations Specialist is dynamic and inclusive, promoting flexibility and hybrid work options. We embrace diverse lifestyles and understand the importance of creating a supportive atmosphere where team members can thrive. With a focus on collaboration, innovation, and respect for diverse perspectives, you’ll feel empowered to make a real difference in your role.

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What technology platforms will I be working with as a Business Development Operations Specialist at IFS?

As a Business Development Operations Specialist at IFS, you will engage with a robust tech stack that includes platforms such as CRM systems, Outreach, Demandbase, Consensus, Lusha, and LinkedIn Sales Nav. Your expertise will be crucial in assessing and optimizing these platforms to streamline processes and enhance overall efficiency within our Business Development efforts.

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Common Interview Questions for Business Development Operations
Can you explain your experience with sales technology platforms and how you've optimized them?

When answering this question, it's essential to highlight specific platforms you've worked with, such as CRM or Outreach. Share examples of how you assessed their effectiveness, discovered areas for improvement, and implemented strategies to optimize their usage. Highlight your analytical skills by mentioning specific outcomes, such as increased efficiency or higher conversion rates.

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What strategies have you used to identify gaps in business development processes?

In responding, discuss methods you've employed, like performance tracking and data analysis to spot inefficiencies. Give specific examples of how you implemented corrective action plans to bridge these gaps, focusing on the impact these strategies had on team productivity or sales growth.

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Describe a situation where you had to collaborate with different teams. How did you ensure alignment?

To effectively answer this question, illustrate a scenario where cross-functional collaboration was necessary. Emphasize your communication skills, including how you facilitated discussions, shared insights, and ensured that everyone was on the same page to achieve joint goals. Highlight the successful outcomes that resulted from this collaboration.

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How do you approach training and enabling team members on new tools?

When answering this, highlight your experience in training or mentoring others on new processes or technologies. Share your approach, whether it's through hands-on training sessions, comprehensive documentation, or ongoing support. Emphasize how you tailor training to meet individual needs while ensuring the entire team achieves consistency in execution.

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What key metrics do you believe are critical to track in business development operations?

Discuss specific KPIs that are crucial for evaluating BD performance, such as inbound conversion rates, opportunity creation, and overall team productivity. Explain why you consider these metrics important and how monitoring them can drive actionable insights to enhance overall performance.

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Tell me about a time you used data analysis to improve a process. What was the result?

Provide a detailed response about a specific occasion when you utilized data analysis to identify inefficiencies or underperformance. Focus on the steps you took to analyze the data, the changes you implemented based on your findings, and quantify the outcome to show the positive impact of your actions.

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How do you ensure that your team stays motivated and engaged while achieving targets?

In your answer, discuss methods you've used to foster team motivation, such as setting clear goals, recognizing achievements, and promoting an inclusive culture. Share examples of how you’ve helped build a strong community within the team to enhance engagement and drive collective success.

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What is your approach to integrating different technology platforms?

Describe your experience with technology integration, emphasizing your analytical and problem-solving skills. Highlight how you assess compatibility between systems, streamline workflows, and ensure seamless data flow between platforms. Discuss specific tools you’ve integrated and the outcomes achieved.

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Can you highlight a challenging project you managed in a previous role and how you overcame obstacles?

Provide a scenario where you faced significant challenges in a project related to business development operations. Discuss the problem-solving techniques you employed to overcome these obstacles, the support you sought, and the solutions you implemented to successfully navigate challenges while achieving project goals.

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What do you believe is the biggest trend in business development today?

In your response, discuss current trends in business development operations that are shaping the industry, such as the growing reliance on data analytics or the rise of AI in sales processes. Explain how you stay informed about industry changes and how you adapt your strategies to align with emerging trends.

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At IFS we develop cloud enterprise software for companies who want to be at their best when it matters most to their customers - at the #MomentOfService. This idea resonates with customers, partners and analysts, and has helped fuel growth. But wh...

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