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Strategic Partnerships Relationship Manager

Company Description

Hi. We’re OFX, a global provider of online international payment and money management services. Our journey is one of exciting growth and transformation, revolutionizing how businesses and individuals move and manage money globally. We're evolving into a global payment solutions provider, enabling businesses to streamline their global financial operations, improve control, reduce costs and achieve more. Our new Business Platform offers clients real-time visibility and controls over their payments, expenses, approval workflows and reconciliations to help make business easier. 

At OFX, you’ll have the opportunity to bring your expertise to life, collaborate across disciplines, and be part of a team shaping the future of global money management.

Job Description

We’re looking for a dynamic Partnerships Relationship Manager professional to join our North American team to help grow and operationalize our Partnership program. You have ideally been working in business development and partner activation within the technology and financial services sector and understand strategic accounts. You will be given ownership against a few strategic accounts, the direction and products to be successful, but you will also bring our own ideas to the role. You will have responsibility to maintain positive standings with the partners, generate incremental revenue growth and renewals.

OFX supports a hybrid working arrangement (working remotely is highly supported however this role will be required to be available to work from the local office as required i.e. a minimum of once per week or as needed to meet the needs of the client group.  Ability to travel on occasion (i.e. 1-2 times annually) within NA is required.

What you’ll do:

  •  Establish executive relationships with Partnership accounts and inspire strategic thinking related to OFX's product with senior professionals and their teams.
  • Based on client requirements and OFX sales targets, coordinate all aspects of making the client experience positive and recurring.
  • Responsible for development and execution of a comprehensive support model and program management framework for key partnerships to ensure seamless execution, delivery, and continuous improvement of products and services (internal and external).
  • Take initiative to assist and collaborate with other team members to reach your collective goals.
  • Work closely with the Head of Partnerships and coordinate actions to make sure that there is a cohesive account strategy and action plans for key partnerships.
  • Drive product innovation and enhancement initiatives to overcome risks/blockers and deliver solutions that align with and support the OFX's overarching Partnership strategy.
  • Collaborate closely with marketing to develop compelling content, messaging, and program support materials that resonate with target audiences and drive demand for the OFX service for key partnerships.
  • Engage with compliance and legal to ensure all aspects of the program (solution/product, sales/marketing, processes, and frameworks) adhere to OFX standards and are approved/documented with all stakeholders.
  • Build strong and efficient relationships with colleagues and engage internal expertise when needed at client meetings.
  • Accurately and systematically document and record relevant information in relevant systems (Salesforce, Confluence, Box, etc).
  • Oversee the operational cadence of critical partner relationships, acting as a central point of contact to proactively address needs and concerns from both internal teams and external partner organizations.
  • Meet personal and support team revenue targets through effective planning and execution of sales activities with key partnerships.
  • Provide updates and monthly projections and quarterly committed forecasts of sales activity and volume to monitor the overall success of Partnerships NA.
  • Creatively build new revenue opportunities with key partnerships by finding new cross-sell and up-sell opportunities.

Qualifications

What you’ll bring:

  •  You can see the big picture and solve problems for our partners using our value proposition
  • You are comfortable building business cases and asking the right questions to evaluate these win-win partnerships.
  • You are obsessive about your customers and know instinctively how to build success through smart not busy work.
  • You are natural at building relationships. People work with you because they want to and trust you, because you do what you say you will do.
  • An individual quota does not stop you working in a team. You know instinctively that a rising tide floats all boats.
  • A passion for fintech and the business world in general.
  • An understanding of the key drivers of the Foreign Exchange market and the specialist products and tools within our offering.
  • A proven background in achieving sales targets and meeting clearly defined KPIs. 
  • Proficient in all Microsoft office programs.
  • Strong attention to detail and lateral thinking skills to problem solve and explore new ideas.
  • Excellent written and verbal communication skills including ability to communicate technical details.
  • High levels of self-motivation and desire for self-improvement.

We offer a competitive On-Target Earnings (OTE) range of $137,500 – $150,000 CAD, which includes a base salary of $110,000 - $120,000 CAD complemented by a quarterly incentive plan. Our comprehensive benefits package is available to all full-time employees and part-time employees working a minimum of 24 hours per week, ensuring you receive valuable support and perks as part of your compensation.

We also offer a flexible hybrid working model where employees typically work 1-2 days from one of our North American offices (San Francisco, Toronto or Edmonton). 

Additional Information

We’re OFXers because we want to make a difference. We see challenges as opportunities and we’re not afraid to roll up our sleeves to get stuff done. We’re committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team, cross-functionally and globally, to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

  • Always keep learning. We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career, with leadership training, secondments, internal mobility and access to a large library of online learning.
  • Make a difference. Through our Make a Difference program, we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual volunteer day, which OFXers can use together or individually, as well as matched giving and the opportunity to nominate charity of choice every quarter.
  • Reward and recognition. We recognise a job well done. OFXers are encouraged to celebrate their peers’ effort, technical expertise or support through a range of global and regional channels and awards, including quarterly and annual awards, milestones and shout outs.
  • Showing our social side. Our Good Vibes employee-led committees around the globe organize events to help keep our employees engaged inside and outside the office. Whether it’s a wellbeing activity, end of year celebration, or a monthly team get-together, our team wants you to feel welcome!
  • Benefits that mean something. We offer a range of fantastic benefits, including primary and secondary gender neutral carer parental leave (16 weeks) or birthday leave, you'll feel well-supported at OFX.
  • A great work environment. Enjoy work-life balance and flexibility with our hybrid work model, in an inclusive, diverse and non-hierarchal culture.

At OFX, we are committed to fostering a diverse, inclusive and accessible workplace where we value, respect, and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve, we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process, please email us at [email protected].

We encourage you to apply if this role aligns with your career aspirations.

#LI-Hybrid

At OFX, we are committed to fostering a diverse, inclusive and accessible workplace where we value, respect, and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve, we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process, please email us at [email protected].

We encourage you to apply if this role aligns with your career aspirations.

Average salary estimate

$115000 / YEARLY (est.)
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$110000K
$120000K

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What You Should Know About Strategic Partnerships Relationship Manager, OFX

Looking to make a significant impact in the fintech landscape? OFX is on the lookout for a Strategic Partnerships Relationship Manager to join our vibrant team in Toronto, ON, Canada. In this role, you'll engage with strategic accounts, fostering relationships that drive our partnership program to great heights. With a background in business development within technology and financial services, you'll navigate the complexities of partner activation and elevate the client experience. You'll establish executive relationships, manage program execution, and work collaboratively to enhance our offerings, all while generating revenue growth. OFX values innovative thinking, so your ideas will always be welcomed. Enjoy flexibility with a hybrid work arrangement while engaging with colleagues to ensure seamless operations and compliance. Join us as we revolutionize global money management – together, we can make business easier while you build a fulfilling career.

Frequently Asked Questions (FAQs) for Strategic Partnerships Relationship Manager Role at OFX
What are the key responsibilities of a Strategic Partnerships Relationship Manager at OFX?

As a Strategic Partnerships Relationship Manager at OFX, your key responsibilities include establishing and maintaining executive-level relationships with partnership accounts, coordinating the client experience, managing the execution of a comprehensive support model, and collaborating closely with the Head of Partnerships to devise cohesive account strategies. Furthermore, you'll drive product innovation, generate revenue growth through cross-sell and up-sell strategies, and engage cross-functionally with marketing and compliance teams to ensure all programs meet OFX standards.

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What qualifications are required for the Strategic Partnerships Relationship Manager role at OFX?

To be considered for the Strategic Partnerships Relationship Manager role at OFX, candidates should possess a strong background in business development and partner activation within the technology or financial services sectors. Proficiency in building business cases, strong communication skills, and a passion for the fintech industry are also essential. Additionally, candidates need to demonstrate a proven ability to meet sales targets and achieve KPIs while maintaining an obsessive focus on customer success.

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How does FIFO support Strategic Partnerships Relationship Managers in their tasks?

OFX actively supports Strategic Partnerships Relationship Managers through a dynamic working environment that encourages collaboration and innovative thinking. Team members are equipped with the tools they need to maintain positive relationships with partners, and they are provided with access to comprehensive resources for training and career development. Additionally, OFX promotes a flexible hybrid working model, ensuring that Managers can balance their responsibilities while effectively serving both partners and internal teams.

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What kind of work culture can a Strategic Partnerships Relationship Manager expect at OFX?

At OFX, a Strategic Partnerships Relationship Manager can expect a collaborative, inclusive, and engaging work culture. The company is dedicated to fostering an environment where every employee feels valued and encouraged to share their unique perspectives. Regular opportunities for learning, volunteer initiatives, and employee recognition programs create a positive atmosphere, allowing you to thrive as you contribute to the company's mission of simplifying global money management.

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What advancement opportunities does OFX offer for Strategic Partnerships Relationship Managers?

At OFX, Strategic Partnerships Relationship Managers can take advantage of various career advancement opportunities. The company offers a wide range of learning and career development programs, including leadership training and internal mobility options. As you excel in your role, you will have the chance to take on more responsibilities, participate in strategic projects, and explore diverse career paths within the organization, positioning you for future growth and success.

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Common Interview Questions for Strategic Partnerships Relationship Manager
How do you approach developing relationships with strategic partners?

When developing relationships with strategic partners, I focus on understanding their unique needs and objectives. I proactively engage in open communication to align our goals and ensure mutual benefits. Establishing trust is crucial, so I make a point to deliver on my promises consistently, demonstrating reliability and commitment.

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Can you give an example of a successful partnership you managed?

One successful partnership I managed was with a leading tech firm where we collaborated to enhance their payment solutions. By closely analyzing their requirements, we tailored our offerings to fit their client's expectations, resulting in increased revenue for both parties. My ability to communicate our value proposition effectively was key to strengthening this partnership.

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What strategies do you employ to meet revenue targets?

To meet revenue targets, I employ a combination of strategic planning and data analysis. I identify key growth opportunities within existing partnerships and initiate cross-sell or up-sell campaigns tailored to their specific needs. Regularly monitoring performance metrics helps me adjust our tactics and make informed decisions to optimize results.

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How do you handle conflicts with partners?

In dealing with conflicts, I prioritize open dialogue to understand the root cause of the issue. By actively listening to their concerns, I can present viable solutions that align with our mutual goals. Maintaining transparency and fostering a collaborative environment often helps resolve conflicts productively.

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What tools do you find essential for managing partner relationships?

Tools like Salesforce and Confluence are essential for me in managing partner relationships. They help track progress, store documentation, and collaborate seamlessly with internal teams. Furthermore, I leverage reporting tools to gather insights into partner performance, which enables me to make data-driven decisions.

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Could you describe your experience with compliance and legal matters related to partnerships?

I have extensive experience collaborating with compliance and legal teams to ensure all partnership agreements adhere to regulatory standards. I am proactive in seeking approval and documentation for new initiatives and processes to minimize risks and protect our company's interests while maintaining strong partner relationships.

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How do you maintain motivation and drive in your work?

I stay motivated by setting personal and professional goals that align with my role. Celebrating small wins along the way keeps my energy high. I also continuously seek feedback from peers and mentors, which fuels my desire for improvement and helps me remain focused on driving results.

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What is your approach to collaborating with cross-functional teams?

I believe that successful collaboration requires respect for diverse perspectives and open communication. I actively involve cross-functional teams in decision-making processes and encourage sharing of ideas to create solutions that cater to our partner's needs. Building strong working relationships across teams enhances our ability to achieve our collective goals.

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How do you keep yourself updated with new trends in fintech?

To stay updated on fintech trends, I follow industry publications, attend webinars, and participate in networking events. Engaging with fellow professionals in online forums also allows me to share knowledge and learn from others' experiences. Continuous learning is vital in such a rapidly evolving industry.

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What do you consider as the biggest challenge when working with partners?

One of the biggest challenges when working with partners can be aligning our differing expectations and priorities. I find that clear communication of goals and regular check-ins are crucial in navigating these challenges. By fostering a culture of transparency and collaboration, we can overcome hurdles and drive success together.

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Founded in 1998, OFX, part of the OzForex Group, provides online international monetary transfer services. They are headquartered in Sydney, Australia.

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