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Business Development Associate (Entry-Level)

Looking for More Than Just Another Entry-Level Job?


Forget being another cog in a corporate machine. At Jeff, we're still small enough that every single person directly contributes to our success. As a Business Development Associate, you'll get thrown into the deep end from day one - working directly with our leadership team and developing skills that would take years to acquire at larger companies.


No getting coffee or similar “low value” work here. You'll be driving our expansion into emerging markets, developing expertise in business strategy, market analysis, negotiation, data analytics, and partner management simultaneously. If you're a second/last year student or graduate who wants to compress 5+ years of career development into one high-intensity role, this is your chance to build an exceptional foundation for your future.


Jeff is a fintech startup addressing a critical global challenge: 2 billion people worldwide have little to no access to financial products. We build financial product comparison marketplaces that connect consumers and financial service providers using digital footprint data.


In this role, you will:
  • Become a market expert for new regions like Colombia, India, Peru, and other emerging markets
  • Lead comprehensive competitor analysis to identify new opportunities
  • Create and manage accounts across platforms to discover business potential
  • Analyze data daily to drive strategic decisions and track performance in new markets
  • Execute end-to-end partner outreach, from LinkedIn prospecting to securing meetings
  • Own partner relationships and guide them from first conversation to generating tens of thousands in monthly revenue
  • Propose and implement product changes based on market needs, overseeing the process from idea to launch
  • Conduct new market research, from initial macro analysis to partner engagement strategies


Candidate Requirements:
  • Must be a 2nd or final-year student, or a recent graduate
  • Work experience is not required; relevant internships are a plus
  • Must demonstrate a strong willingness to prove yourself and grow professionally
  • Excellent written and verbal communication skills in English


What You'll Bring:
  • AI-first mindset: Enthusiasm for leveraging artificial intelligence tools and approaches
  • Full ownership mentality: You deliver results consistently and take complete responsibility for your work, going beyond the minimum requirements
  • Growth orientation: Strong desire to develop both personally and professionally
  • Analytical thinking: Ability to understand data and extract actionable insights
  • Proactive approach: Self-starter mentality with the drive to identify opportunities without direction
  • Adaptability: Comfort with rapidly changing priorities in a dynamic startup environment
  • Excellent communication: Skills to effectively engage with partners and internal stakeholders


Why This Role Will Accelerate Your Career:
  • Skill portfolio expansion: Develop expertise across business development, market analysis, data analytics, and relationship management simultaneously
  • Leadership exposure: Work directly with founders and executives, gaining insights typically reserved for senior roles
  • Global business acumen: Build international experience across emerging markets that will set you apart from peers
  • Rapid career progression: Take on increasing responsibility based on performance, not tenure
  • Entrepreneurial mindset: Develop the strategic thinking and execution skills needed to launch your own ventures in the future


Our Values:
  • Walk the talk: We not only understand what to do but are able to execute it
  • Integrity: We are reliable, trustworthy, and accountable professionals who respect each other
  • 10x Mentality: We tackle massive markets with bold ambition and solutions
  • Action over perfection: We make informed decisions quickly and iterate as we go
  • Always be solving, always be building: We are problem solvers, not just problem finders
  • Own it: We take full responsibility for our work and ensure everything possible is done to deliver outcomes


Since launching in Vietnam in 2020, we've:
  • Grown to a 40+ person team across 6 countries
  • Helped 9 million customers compare tens of millions of financial products
  • Raised close to $5 Million from reputable investors
  • Grown from 0 to 8-digit annual revenue
  • Recognised as one of the fastest growing companies in Europe by Financial Times and Statista (#27 in Ft 1000)
  • Been recognized by Sifted as the fastest growing startup in the region
  • Been named a Top 3 fastest growing tech company in Central Europe by Deloitte


€1,000 - €3,000 a month
On top of the salary, we offer:
- Performance-based bonus evaluated every 6 months
- Equipment of your preference
- Opportunity to join Employee Stock Option Plan & earn performance bonuses after successful probation
- Vacation policy that fully covers annual leave and National holidays in line with your residence country’s standards
- Knowledgeable, driven and truly experienced team
- Modern and cozy office in the very center of Riga, Spikeri - the very heart of Latvian startup ecosystem
- A hybrid approach to work - you can spend 2 days at home per week after probation
- Team building events, both remotely and in-office
- Health insurance after the probation
- High energy - as a growing startup, no day is the same
- Unlimited growth - as the company grows, you grow with us!

If you're excited about this opportunity and ready to help us expand into new markets while growing professionally, we want to hear from you!

Average salary estimate

$24000 / YEARLY (est.)
min
max
$12000K
$36000K

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 Associate (Entry-Level), Jeff App

Are you ready to kick-start your career in a way that truly matters? At Jeff, the fintech startup revolutionizing access to financial services, we're on the lookout for a Business Development Associate (Entry-Level) in Riga. This isn’t just another entry-level job where you’ll be stuck making coffee or filing paperwork; you will dive right into the action from day one! Here, every team member is integral to our success, providing you with a unique chance to contribute meaningfully and quickly cultivate skills that would typically take years to develop elsewhere. You’ll get to strategize for emerging markets like Colombia, India, and Peru, leading comprehensive competitor analyses to uncover opportunities and manage accounts that will bring in substantial revenue. You’ll also gain hands-on experience with partner outreach and relationship management, guiding partners from the first chat to generating impressive monthly profits. If you’re in your second or final year of university or are a recent graduate with a passion for growth and innovation, this is your opportunity to build a solid foundation for a thriving career! We believe in an AI-first approach and are excited to see how your analytical thinking can drive strategic decisions. Join us at Jeff to not only learn from seasoned professionals but also make a real impact that will shape your future. We can’t wait to meet you!

Frequently Asked Questions (FAQs) for Business Development Associate (Entry-Level) Role at Jeff App
What are the key responsibilities of a Business Development Associate at Jeff?

As a Business Development Associate at Jeff, your primary responsibilities will include researching new markets, conducting competitor analysis, managing partner relationships, and analyzing performance data. You’ll be actively involved in executing end-to-end outreach strategies that will help us expand our reach into emerging financial markets.

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What qualifications does Jeff require for the Business Development Associate position?

Jeff primarily seeks candidates who are either in their second or final year of university or recent graduates. While previous work experience isn’t mandatory, relevant internships can be beneficial. Key skills include excellent communication, a proactive approach to problem-solving, and a keen analytical mind.

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How does the Business Development Associate role at Jeff differ from other entry-level positions?

Unlike typical entry-level jobs, the Business Development Associate role at Jeff offers direct exposure to company leadership and strategic project involvement. You won’t be sidelined with menial tasks; instead, you will be at the forefront of driving initiatives that impact real market opportunities and company growth.

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What growth opportunities can a Business Development Associate expect at Jeff?

At Jeff, the growth opportunities are abundant. You will have the chance to expand your skillset in business strategy, market analysis, and data-driven decision-making, all while receiving mentorship from seasoned professionals. Performance-based evaluations mean that exceptional contributions can lead to rapid career advancements.

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What makes Jeff a great place for entry-level career starters?

Jeff stands out as a fantastic launchpad for your career due to its entrepreneurial environment, opportunities for direct impact, and a culture rooted in innovation and growth. You will work in a dynamic startup setting, allowing you to learn swiftly and advance your career in ways traditional companies might not offer.

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Common Interview Questions for Business Development Associate (Entry-Level)
Can you describe a time when you demonstrated analytical thinking?

When asked this question, provide an example where you gathered and interpreted data to make a significant decision or recommendation. Highlight how your analytical skills contributed to a positive outcome, illustrating your relevance to the Business Development Associate role at Jeff.

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What interests you about working as a Business Development Associate at Jeff?

Communicate your enthusiasm for fintech and the role's potential impact on financial accessibility. Discuss specific aspects of the company culture and responsibilities that excite you, demonstrating your alignment with Jeff's values and mission.

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How would you approach market research for a new region?

Outline a systematic approach that includes identifying key demographics, analyzing competitor presence, and understanding regulatory frameworks. Be specific about tools or methods you’d use, drawing on skills relevant to the Business Development Associate position.

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Describe how you would handle a challenging stakeholder relationship?

Express the importance of clear and effective communication. Provide an example where you successfully navigated a difficult professional relationship, emphasizing strategies such as active listening and setting mutual goals—key skills for managing partner relationships at Jeff.

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What is your experience with data analytics and how can it help at Jeff?

Discuss any academic coursework or projects that involved data analytics. Explain how data-driven decisions are crucial for business strategy and performance tracking, tying your answer back to the responsibilities of the Business Development Associate role.

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Why is an AI-first mindset important for this position?

Highlight the growing role of artificial intelligence in fintech and how leveraging AI tools can enhance market analysis and strategic decision-making. Explain how an AI-first approach can align with Jeff’s mission to innovate in the financial services space.

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What approach would you take to gain insights from competitor analysis?

Describe a comprehensive plan to analyze competitors, including aspects like product offerings, pricing strategies, and market presence. Stress the importance of turning insights into actionable strategies for Jeff's business development efforts.

Join Rise to see the full answer
Can you give an example of a situation where you took initiative?

Provide a compelling example from your academic or personal life where you identified an opportunity, took action, and achieved positive results. Emphasize how this proactive approach aligns with the expectations for a Business Development Associate at Jeff.

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How do you prioritize tasks in a fast-paced environment?

Discuss techniques you use for effective prioritization, such as time management frameworks or tools. Give an example of a situation where prioritizing effectively helped you accomplish goals crucial for a role similar to the Business Development Associate at Jeff.

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What are your long-term career goals and how does Jeff fit into them?

Reflect on how the unique opportunities at Jeff can accelerate your professional development. Talk about your aspirations within the fintech space and how the Business Development Associate role enables you to gain skills and experiences that align with your future goals.

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DATE POSTED
March 25, 2025

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