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Business Development Manager - Enterprise & Financial Services

About Polygon Labs

Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer. Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development as well as Polygon CDK.

Job Summary

Are you a financial services, consulting or corporate business professional?
Are you passionate about blockchain, crypto, and the “L2 thesis”?
Spend your free time devouring crypto podcasts?
Looking to be at the forefront of blockchain research (zero-knowledge)?
Eager to help bring the world on chain?

As a Business Development Manager - Enterprise & Financial Services, you will help with collaboration opportunities with the world’s most innovative and systemically important institutions and enterprises using Polygon blockchain scaling solutions. It's not just a job; it's your chance to shape the future of web3. If you're a business visionary who thrives on autonomy, ambiguity, innovation and impact and wants to be part of a top-performing team, we welcome your application and look forward to speaking with you.

Key Job Responsibilities 

Here are the key job responsibilities for a Business Development Manager - Enterprise & Financial Services:

  • Strategic Adoption and Dealwork: Identify, engage and close deals with leads interested in building a zk-powered L2 with Polygon CDK, joining the AggLayer, deploying a dApp on Polygon PoS or contributing to the development of dApps and chains within the Polygon network across the different verticals and use cases, including RWAs, tokenization, exchanges, stablecoins, DPPs, supply chain, government solutions and payments platforms.

  • Critical Infrastructure: Identify and foster relationships with key infrastructure that will help accelerate the adoption of Polygon blockchain solutions among enterprises and institutions, including wallets, oracles, payments APIs, stablecoins, tokenization platforms and exchanges.

  • Partnership Development: Forge partnerships and collaborations with financial institutions, enterprises, blockchain startups, technology providers and VCs to promote the adoption of Polygon technology and the AggLayer.

  • Networking: Build key relationships with new and existing key players within the Polygon community and wider web3 industry. Attend key events and leverage that network to close deals. 

  • Cross-Functional Collaboration: Collaborate closely with Solutions Engineering, Product and Enablement teams to ensure the successful collaboration using Polygon technology.

  • Market Research: Be in tune with market trends, customer demands and competitive solutions – communicate such trends, demands and solutions with cross-functional colleagues throughout the global organization.

  • Blockchain Advocacy: Acting as an advocate for Polygon technology within your regional geography and digitally, and participating in industry events, conferences, and forums (as well as on social media) to promote awareness and adoption.

  • Reporting and Metrics: Provide regular reports on the progress of your pipeline and business development efforts, including key performance indicators, project milestones and commercial results.

About the Team 

You will be a valuable addition to our team of passionate Business Development professionals. Reporting to the Head of Enterprise & Financial Services, you'll be part of a globally distributed team of people who share your dedication to driving growth and innovation. Our team is united by a common goal: to expand the adoption of Polygon technology worldwide.

What you’ll need- Preferred Qualifications

  • Business Development or Sales Expertise: Extensive experience (minimum of 5 years) in sales or business development, preferably within capital markets, financial services or asset management.

  • Blockchain Expertise: Experience at a blockchain protocol or in the web3 industry, showcasing a deep understanding of blockchain technology and its applications, including tokenization, stablecoins, wallets, on-ramps, exchanges and smart contract tooling. 

  • Relationship Building: A proven track record of establishing and nurturing high-level relationships to drive growth.

  • Entrepreneurial Mindset: A self-driven and entrepreneurial mindset, demonstrating your ability to take initiative and adapt to evolving market dynamics within the blockchain industry.

  • Web3 Knowledge: Knowledge of broader blockchain industry and concepts, including DeFi and zk technology.

  • Communication Skills: Excellent presentation and communication skills to effectively convey complex blockchain ideas and solutions.

  • Passion for Blockchain Innovation: A genuine passion for blockchain innovation and a commitment to staying updated on the latest trends and developments in the blockchain space.

Polygon Labs Perks

The goal of the Polygon Labs total rewards program is to support the health and well-being of you and your family. Our comprehensive compensation plan includes the following benefits for our full time employees:

  • Remote first global workforce

  • Industry leading Medical, Dental and Vision health insurance*

  • Company matching 401k with 3% match*

  • $1,500 Home Office Set Up Allowance (life-time max)

  • $200 Annual Book Allowance Program

  • $75 Monthly internet or phone reimbursement

  • Flexible Time Off

  • 1 company wide wellness Friday day off per quarter

  • Company issued laptop

  • Egg freezing, mental health, and employee wellness benefits

*In certain countries medical, dental and vision is fully covered for employees & their dependents. This is country and plan specific.

*401k is for United States employees only

Polygon Labs is committed to a diverse and inclusive workplace and is an equal opportunity employer. We do not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Polygon Labs is committed to treating all people in a way that allows them to maintain their dignity and independence. We believe in integration and equal opportunity. Accommodations are available throughout the recruitment process and applicants with a disability may request to be accommodated throughout the recruitment process. We will work with all applicants to accommodate their individual accessibility needs.

If you think you have what it takes, but don't necessarily meet every single point on the job description, please still get in touch. We'd love to have a chat and see if you could be a great fit.

Learn More about Polygon Labs

Website |Twitter|Developer Twitter |Telegram |Reddit |Discord |Instagram |Facebook |LinkedIn

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Average salary estimate

$125000 / YEARLY (est.)
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$100000K
$150000K

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What You Should Know About Business Development Manager - Enterprise & Financial Services, Polygon Labs

Join Polygon Labs as a Business Development Manager - Enterprise & Financial Services in the vibrant tech hub of New York City! If you're passionate about blockchain, crypto, and ready to dive into cutting-edge technology, this role is for you. At Polygon Labs, we’re at the forefront of blockchain innovation, and your mission will be to forge partnerships with financial institutions and enterprises eager to utilize our blockchain scaling solutions. You’ll identify new opportunities in the market while building relationships with key players to drive Polygon’s AggLayer adoption. Your expertise will help us engage leads interested in our zk-powered L2 with Polygon SDK and creating decentralized applications. Collaborating with our talented Solutions Engineering and Product teams, you’ll conduct market research to stay ahead of trends, advocate for our technology at industry events, and report on your progress. With a minimum of 5 years’ experience in sales or business development, particularly within capital markets and financial services, you will be instrumental in shaping the future of web3. At Polygon Labs, we provide a remote-first work environment and a comprehensive benefits package to support your well-being and growth. Join us in creating a more decentralized world!

Frequently Asked Questions (FAQs) for Business Development Manager - Enterprise & Financial Services Role at Polygon Labs
What are the responsibilities of a Business Development Manager - Enterprise & Financial Services at Polygon Labs?

As a Business Development Manager - Enterprise & Financial Services at Polygon Labs, your key responsibilities include strategic adoption and deal-making, fostering relationships with essential infrastructure players, partnership development with financial institutions, and networking extensively within the web3 ecosystem. You'll also collaborate cross-functionally with teams to advance projects utilizing Polygon technology and report on your business development efforts and metrics.

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What qualifications are needed for the Business Development Manager - Enterprise & Financial Services role at Polygon Labs?

To excel in the Business Development Manager - Enterprise & Financial Services role at Polygon Labs, you should have at least 5 years of experience in sales or business development, with a strong background in capital markets or financial services. Familiarity with blockchain technology and its applications is crucial, along with excellent relationship-building skills, an entrepreneurial mindset, and a passion for blockchain innovation.

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How does partnership development work for a Business Development Manager at Polygon Labs?

Partnership development for a Business Development Manager at Polygon Labs involves establishing collaborations with blockchain startups, financial institutions, and technology providers. You'll engage with potential partners to promote Polygon's blockchain solutions while leveraging your industry network and attending key events to close strategic deals that drive the adoption of our technology.

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What is the work environment like for a Business Development Manager at Polygon Labs?

As a Business Development Manager at Polygon Labs, you will enjoy a remote-first global work culture that emphasizes flexibility and collaboration. We value diversity and inclusion and provide a supportive environment that encourages creativity and innovation. You’ll be part of a passionate team focused on driving growth within the rapidly evolving blockchain space.

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What opportunities for professional growth does Polygon Labs offer to Business Development Managers?

Polygon Labs provides numerous opportunities for professional growth for Business Development Managers, including advanced training in blockchain technology, participation in industry events, and a chance to work alongside experienced professionals in the field. Our comprehensive rewards program also supports your health and well-being, contributing to your overall development.

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Common Interview Questions for Business Development Manager - Enterprise & Financial Services
Can you describe your experience in sales and how it relates to the role of Business Development Manager at Polygon Labs?

When answering this question, emphasize your sales achievements and experiences that align with the blockchain and financial services sectors. Highlight specific examples where you successfully closed deals or built strategic partnerships in your previous roles, demonstrating how this expertise will benefit Polygon Labs.

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How do you approach building relationships with high-level stakeholders in the financial services industry?

Discuss your strategies for relationship-building, such as leveraging networking events, follow-ups, and personalized communication. Emphasize the importance of trust and how you maintain relationships through transparency and consistent engagement, which is essential in the financial services landscape.

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What do you know about Polygon and its positioning within the blockchain ecosystem?

Show that you understand Polygon’s technology, including its focus on scalability and partnerships within the blockchain space. Discuss how you see Polygon's solutions benefiting enterprises and your ideas on how to promote adoption. Keeping updated through blogs or podcasts showcases your proactive interest.

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What challenges do you foresee in promoting blockchain technology to traditional financial institutions?

Address potential challenges such as regulatory concerns, technological integration, and resistance to change. Share your approach to overcoming these barriers by focusing on education and demonstrating the benefits of blockchain solutions, thus positioning yourself as a knowledgeable advocate for Polygon's technology.

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Can you provide an example of a successful deal you closed in a previous role and the impact it had?

Bring forth a specific example where your negotiation skills led to a successful partnership or deal. Explain the situation, your approach, the outcome, and the subsequent impact on your organization. This not only enhances your credibility but also illustrates your capabilities as a Business Development Manager.

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How do you stay updated on the latest trends and innovations within the blockchain space?

Demonstrate your commitment to learning by sharing your methods, like following industry news, attending webinars, and participating in discussions on relevant platforms. Engaging with communities online or offline will put you ahead in understanding the fast-evolving blockchain landscape.

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What methods do you use to assess market trends and opportunities?

Describe your analytical skills and sources you rely on, such as industry reports, market analysis, and competitive research. Highlighting your structured approach to evaluating market conditions shows that you're strategic and organized in identifying growth opportunities.

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In your view, what role does advocacy play in the field of blockchain technology?

Discuss the importance of advocacy in driving awareness and adoption of blockchain technologies. Share your thoughts on how being an advocate can influence stakeholders and the community, and how this role aligns with being a Business Development Manager at Polygon Labs.

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How would you handle a disagreement with a potential partner regarding contract terms?

Explain your approach to conflict resolution, emphasizing communication and negotiation skills. Highlight the importance of understanding both parties’ needs and finding a win-win solution, demonstrating your ability to maintain strong relationships while addressing concerns.

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Why do you want to work for Polygon Labs as a Business Development Manager?

Convey your passion for blockchain technology and innovation, directly connecting it to Polygon's mission. Articulate your admiration for the company’s contributions to the industry and how your goals align with enhancing Polygon's footprint in the financial services sector.

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DATE POSTED
December 3, 2024

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