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Channel Partner Manager | Financial Institutions - job 1 of 2

About Ramp

Ramp is a financial operations platform designed to save businesses time and money. Combining corporate cards with expense management, bill payments, vendor management, accounting automation, and more, Ramp's all-in-one solution frees finance teams to do the best work of their lives. More than 25,000 companies, from family-owned farms to e-commerce giants to space startups, have saved $1B and 10M hours with Ramp. Founded in 2019, Ramp powers the fastest-growing corporate card and bill payment platform in America, and enables over 35 billion dollars in purchases each year.

Ramp's investors include Sequoia, Founders Fund, Thrive Capital, Khosla Ventures, Greylock, Stripe, Goldman Sachs, Coatue, and Redpoint, as well as over 100 angel investors who were founders or executives of leading companies. The Ramp team comprises talented leaders from leading financial services and fintech companies—Stripe, Affirm, Goldman Sachs, American Express, Mastercard, Visa, Capital One—as well as technology companies such as Meta, Uber, Netflix, Twitter, Dropbox, and Instacart.

Ramp has been named to Fast Company's Most Innovative Companies list and LinkedIn's Top U.S. Startups for over 3 years, as well as the Forbes Cloud 100, CNBC Disruptor 50, and TIME Magazine's 100 Most Influential Companies.

About the role

Ramp’s Financial Institutions Channel is building a distribution flywheel where financial partners view Ramp as the obvious go-to corporate card and expense management provider for their portfolio companies and clients at scale.  

As a Scaled Finance Partner Manager, you’ll have the opportunity to build and scale our bespoke practice areas serving VC firms, accelerators & incubators and efficiently distributing Ramp throughout their portfolios. We are looking for candidates with a proven track record of building deep relationships with investment firms and portfolio companies and positioning Ramp as a trusted thought partner to leaders in financial services. You will be expected to sign and activate VC firms, enabling and onboarding their team members, and achieving consistent quota attainment and overachievement through closing portfolio company referrals.  

What you'll do

  • Sign partnership agreements with VC firms, accelerators & incubators and create comprehensive GTM plans

  • Establish partner activation strategy across VC, accelerator & incubator offerings to their founders and portfolio companies, customizing tiers of product and service offerings based on size, stage and industry focus of portfolio companies 

  • Identify and build relationships with multiple stakeholders within venture funds and across their third party network of service providers, advisors and leverage points 

  • Work cross-functionally across marketing, growth, direct sales, and product & engineering to drive co-marketing opportunities, onboard new clients, and inform our product roadmap

  • Become an expert in Ramp’s product, features, and workflows

What you'll need

  • Minimum 5 years of work experience with a minimum 3 years of experience in Partner Sales, Business Development, Partnership Management, or Channel Partnerships working with financial firms (PE, VC, Fintech, Financial Services SaaS, etc) 

  • Strong discovery skills, with a knack for identifying pain points and consultative selling

  • History as a top performer, regularly exceeding targets and quotas

  • Dedication to tracking and improving performance and efficiency daily

  • Strong written and verbal communication skills, with excellent listening skills

  • Bias for action and a strong desire to work in a fast-paced startup environment

  • A strong cross-functional collaborator who can build relationships across the company

Nice to Haves

  • Prior experience partnering with private equity firms in an investing, operating or partnership capacity

  • Background in Financial Services, preferably Investment Banking, Private Equity, Venture Capital, or experience working at a private equity or venture capital firm

Benefits (for U.S.-based full-time employees)

  • 100% medical, dental & vision insurance coverage for you

    • Partially covered for your dependents

    • One Medical annual membership

  • 401k (including employer match on contributions made while employed by Ramp)

  • Flexible PTO

  • Fertility HRA (up to $5,000 per year)

  • WFH stipend to support your home office needs

  • Wellness stipend

  • Parental Leave

  • Relocation support for NY

  • Pet insurance

Other notices

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

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Average salary estimate

$135000 / YEARLY (est.)
min
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$120000K
$150000K

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What You Should Know About Channel Partner Manager | Financial Institutions, Ramp

As a Channel Partner Manager for Financial Institutions at Ramp in the vibrant heart of New York City, you'll play a pivotal role in revolutionizing how financial partners engage with our cutting-edge corporate card and expense management platform. At Ramp, our mission is to empower finance teams to work smarter, not harder, by streamlining their operations and saving them valuable time and resources. With over 25,000 businesses relying on us, your expertise in forging deep relationships with venture capital firms, accelerators, and incubators will be crucial in establishing Ramp as their go-to solution. You’ll not only be signing partnerships but also crafting tailored go-to-market plans that resonate with distinct portfolio needs. In collaboration with a dynamic team across marketing, growth, and product engineering, you’ll ensure that Ramp is the trusted partner for VC firms looking to enhance their offerings to portfolio companies. What’s more, you'll have the flexibility to grow in a fast-paced startup environment alongside some of the sharpest minds in the fintech industry. Ramp values your insights, and as you immerse yourself in our products and services, you’ll contribute significantly to shaping our next innovations. This is an exciting opportunity for someone who's eager to make an impact while growing their career in a supportive and innovative environment!

Frequently Asked Questions (FAQs) for Channel Partner Manager | Financial Institutions Role at Ramp
What are the responsibilities of a Channel Partner Manager at Ramp?

As a Channel Partner Manager at Ramp, your primary responsibilities will include developing and managing partnerships with VC firms, accelerators, and incubators. You will create tailored go-to-market strategies, implement partner activation plans, and work collaboratively with internal teams to enhance Ramp’s offerings for their portfolio companies. Additionally, you will engage multiple stakeholders within your partner organizations to drive referrals and onboard new clients, ensuring that Ramp becomes a trusted advisor in financial operations.

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What qualifications do I need to apply for the Channel Partner Manager position at Ramp?

To qualify for the Channel Partner Manager role at Ramp, candidates should possess at least 5 years of work experience with a minimum of 3 years specifically in partner sales or business development within financial firms such as private equity or venture capital. Strong communication skills, a history of exceeding sales quotas, and an ability to work in a fast-paced startup environment are essential for success in this position.

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How does Ramp support its Channel Partner Managers in their roles?

Ramp offers a supportive environment for its Channel Partner Managers by fostering collaboration across various departments, including marketing, sales, and product development. You will have access to continuous training on Ramp’s products, as well as tools and resources to effectively build and manage your partnerships with financial institutions. The company also emphasizes personal growth and provides a comprehensive benefits package to ensure your well-being.

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What is the company culture like for a Channel Partner Manager at Ramp?

The company culture at Ramp is energetic, innovative, and supportive, making it an ideal environment for a Channel Partner Manager. Open communication, cross-functional collaboration, and an emphasis on personal and professional growth are key aspects of Ramp’s work environment. Employees are encouraged to share their insights and contribute to company initiatives, promoting a sense of ownership and team spirit throughout the organization.

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What benefits does Ramp offer to its Channel Partner Managers?

Ramp provides a comprehensive benefits package for its Channel Partner Managers, including full medical, dental, and vision coverage, a 401k plan with employer matching, flexibility with PTO, remote work stipends, and wellness programs. The company is also committed to your work-life balance and offers parental leave, relocation support, and pet insurance to ensure your needs are met both professionally and personally.

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Common Interview Questions for Channel Partner Manager | Financial Institutions
How do you approach building relationships with venture capital firms as a Channel Partner Manager?

When building relationships with venture capital firms, it's critical to focus on understanding their unique needs and pain points. I prioritize scheduling introductory meetings to learn about their portfolio companies and explore how Ramp can add value. Providing consultative insights and demonstrating Ramp’s expertise in financial operations will help establish my credibility and strengthen our partnership.

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What strategies do you use to exceed sales quotas in a partnership management role?

To exceed sales quotas, I set clear, achievable goals and consistently monitor my progress. I leverage data analysis to identify potential opportunities within existing partnerships and prioritize proactive outreach. Fostering strong relationships and trust with partners is also essential, as referrals and collaborations often lead to additional sales opportunities.

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Can you describe a successful go-to-market plan you've developed for a financial services partner?

A successful go-to-market plan I developed for a financial services partner involved a thorough assessment of their client base and needs. I tailored Ramp’s product offerings to fit the specific stages and industries of their portfolio companies. By establishing co-marketing initiatives and training their staff, we launched together, which resulted in a significant increase in client signings and overall satisfaction.

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What methods do you employ to identify pain points for portfolio companies within financial institutions?

I utilize surveys, one-on-one interviews, and feedback sessions with stakeholders at portfolio companies to identify their pain points. By understanding their challenges, I can tailor Ramp’s solutions to directly address their needs, which strengthens our value proposition and reinforces our relationship with financial partners.

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How do you ensure effective communication across different teams at Ramp?

To ensure effective communication, I establish regular check-in meetings and utilize collaboration tools for transparent updates between teams. I also encourage cross-functional brainstorming sessions focused on integrating feedback from marketing, growth, and product teams, creating a culture of open dialogue that enhances our partnership strategies.

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How would you approach onboarding new partners and their teams at Ramp?

Onboarding new partners requires a systematic approach, starting with tailored training sessions that educate their teams about Ramp’s features. I would create resource guides and host Q&A sessions to address any uncertainties. Continuous support during the onboarding process is critical to fostering trust and ensuring a smooth integration of Ramp’s platform into their operations.

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What experience do you have with consultative selling in the financial sector?

In my previous roles, I engaged in consultative selling by focusing on understanding clients' pain points and aligning our solutions to effectively meet those needs. This involved in-depth discussions, presenting tailored proposals, and collaborating closely with clients to highlight how Ramp's offerings can streamline their financial operations. My approach emphasizes building trust and long-term relationships.

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How do you keep yourself updated on trends in the financial services and fintech sectors?

I stay updated on trends in financial services and fintech by subscribing to industry publications, participating in relevant webinars, and networking with industry professionals. Engaging in professional groups on platforms like LinkedIn also helps me share insights and learn about emerging developments that can influence Ramp's strategies.

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Describe a challenge you faced as a Channel Partner Manager and how you overcame it.

A challenge I faced was negotiating terms with a hesitant VC firm that questioned the value of our partnership. I addressed their concerns by conducting a detailed analysis of their portfolio and presenting tailored data demonstrating the potential increase in efficiency and cost savings with Ramp’s solution. This personalized approach enabled us to move forward positively.

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What is your motivation for working in channel partnerships within the fintech industry?

My motivation stems from a passion for helping businesses thrive through innovative financial solutions. Leveraging technology to enhance operations is something I find fulfilling. Working in channel partnerships allows me to connect with diverse firms and create impactful programs that drive growth, making a tangible difference in the fintech arena.

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Ramp is a multinational financial technology company headquartered in Manhattan and founded in 2019. We are the fastest-growing corporate card and bill payment platform in the US, and enables billions of dollars in purchases each year.

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Badge Flexible CultureBadge Future MakerBadge Rapid Growth
CULTURE VALUES
Inclusive & Diverse
Collaboration over Competition
Growth & Learning
Transparent & Candid
Mission Driven
Diversity of Opinions
Empathetic
Fast-Paced
Rise from Within
Work/Life Harmony
Take Risks
Startup Mindset
BENEFITS & PERKS
Medical Insurance
Paid Time-Off
Maternity Leave
Mental Health Resources
Equity
Employee Resource Groups
401K Matching
Paid Holidays
Paid Sick Days
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 15, 2024

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