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Partner Development Representative - job 1 of 4

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

Our world-class sales organization is looking for self-motivated teammates with high social intelligence and a natural inclination for selling and partnering to accelerate our growth as we scale rapidly! Individuals who are eager to learn, embrace challenges, and passionate about succeeding will thrive at Ramp. Our Partner Development Representatives act as the initial point of contact and are responsible for hunting and qualifying partners to build new partnerships that drive sales opportunities for Ramp.

What You’ll Do

  • Source new partner opportunities through inbound qualification and outbound outreach

  • Qualify prospects through consultative conversation in a variety of channels including but not limited to: accounting firms, private equity firms, banks, GSIs, and software providers

  • Grow top of partner funnel through warm and cold outbound campaigns

  • Find new and unique ways to build and develop partner relationships

  • Maintain accurate client relationship data within Salesforce

What You'll Need

  • Strong written and verbal communication skills

  • Excellent listening skills and energetic and professional phone and zoom presence

  • High level of comfort with sales, prospecting and both virtual and in person

  • Dedication to tracking and improving performance and efficiency on a daily basis

  • Deep interest in understanding specific business challenges with the different verticals

  • Sense of entrepreneurship: a self-starter with a high sense of urgency, ability to work within undefined processes and a will to find a way

Nice to Haves

  • Prior experience within partnerships or channel sales

  • Prior experience with customer-facing and/or sales roles

  • Experience with one of our channel partners (accounting firm, private equity, venture capital, banking, GSI)

  • Prior CRM experience (preferably Salesforce)

  • Experience at a high-growth startup

  • Ability to understand financial services

  • Bachelor’s degree from a four-year university

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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CEO of Ramp
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Eric Glyman
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Average salary estimate

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Partner Development Representative, Ramp

Exciting times are ahead at Ramp, where we’re on the lookout for an enthusiastic Partner Development Representative to join our team in New York City! At Ramp, we’re proud to offer an innovative financial operations platform that helps businesses save both time and money. With a lively mix of corporate cards, expense management, and more, we’ve empowered over 25,000 organizations to save an astonishing $1 billion and 10 million hours. As a Partner Development Representative, you will play a critical role in driving our growth by connecting with potential partners and nurturing relationships to create dynamic opportunities for Ramp. If you’re a self-motivated individual with a knack for sales and a genuine passion for teaming up with others, you’ll find yourself right at home here. Your responsibilities will include sourcing new partners through both inbound and outbound outreach, engaging in consultative conversations, and maintaining accurate records in Salesforce. You’ll thrive in our fast-paced environment if you embrace challenges and prioritize problem-solving. So, if you’re ready to be part of a company recognized by Fast Company and TIME as one of the most innovative firms around, we can’t wait to meet you!

Frequently Asked Questions (FAQs) for Partner Development Representative Role at Ramp
What are the primary responsibilities of a Partner Development Representative at Ramp?

As a Partner Development Representative at Ramp, your primary responsibilities include sourcing new partner opportunities through various channels, qualifying prospects via consultative conversations, and maintaining an accurate client relationship database within Salesforce. You’ll also engage in both warm and cold outreach campaigns to grow our partner pipeline.

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What skills are essential for success as a Partner Development Representative at Ramp?

To succeed as a Partner Development Representative at Ramp, you should possess strong written and verbal communication skills, alongside excellent listening abilities. A professional presence on calls and video meetings is crucial, as is a proactive approach to sales and prospecting. The role requires a sense of entrepreneurship, comfort with working in undefined processes, and a commitment to performance improvement.

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What experience is preferred for a Partner Development Representative role at Ramp?

While not mandatory, prior experience in partnerships or channel sales is highly desirable for a Partner Development Representative role at Ramp. Additionally, experience in customer-facing or sales roles, particularly within accounting, private equity, or banking, can significantly enhance your application.

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What is the work culture like for a Partner Development Representative at Ramp?

Ramp prides itself on a collaborative and dynamic work culture. As a Partner Development Representative, you’ll be surrounded by talented professionals who are eager to share insights and support your growth. The environment is fast-paced, and the emphasis is on learning, embracing challenges, and celebrating success together.

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What benefits do Ramp employees receive as a Partner Development Representative?

Ramp offers a competitive benefits package for its U.S.-based full-time employees, which includes 100% medical, dental, and vision insurance coverage, a 401k with employer match, flexible PTO, wellness stipends, and relocation support for those moving to New York City. There are also unique perks such as a fertility HRA and pet insurance.

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Common Interview Questions for Partner Development Representative
How do you approach qualifying a new partner prospect as a Partner Development Representative?

When qualifying a new partner prospect, it's vital to focus on understanding their needs and challenges. Start by conducting thorough research on the prospect's business and industry. Use consultative techniques during your conversations to uncover specific pain points and explain how Ramp’s solutions align with their goals. Highlight your active listening skills to build rapport.

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What strategies would you utilize for outbound outreach as a Partner Development Representative?

Effective outbound outreach strategies should include a mix of personalized emails, phone calls, and leveraging social media platforms like LinkedIn. Tailor each communication to address the specific needs of the prospect and include a clear value proposition. Don’t hesitate to get creative by showcasing success stories or relevant case studies to capture their interest.

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What experience do you have with CRM tools, particularly Salesforce?

In a fast-paced sales environment like Ramp, proficiency in CRM tools is essential. Highlight your experience with Salesforce, including how you've used it for tracking leads, managing relationships, and analyzing data. Discuss any specific metrics you’ve improved through effective CRM management, illustrating how it has impacted prior sales outcomes.

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Can you share an example of a challenging partner relationship you developed?

Discuss a real scenario where you encountered challenges while developing a partner relationship. Focus on how you approached the situation, the steps you took to understand their needs, and how you ultimately established a successful collaboration. Emphasize the skills and tactics you employed to overcome obstacles.

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What motivates you to succeed in a sales role?

In a sales role, motivation often comes from setting and achieving personal and team goals. Share your passion for helping businesses overcome financial challenges and how that drives you. Mention the excitement of closing deals and the satisfaction of forging partnerships that lead to mutual growth and success.

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How do you stay informed about developments in financial services?

To stay updated on developments in financial services, I regularly read industry publications, join webinars, and take part in professional networking events. Engage with thought leaders on platforms like LinkedIn and participate in relevant discussions. Asking insightful questions helps enhance my understanding and aligns my strategies with current trends.

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Describe how you handle rejection in sales.

Rejection is a part of sales, and handling it gracefully involves learning and persistence. Share how you reflect on the feedback provided and use it to improve your approach. Emphasize your resilience and positive attitude, and describe how you view each rejection as a stepping stone to future successes.

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How do you prioritize your tasks when managing multiple prospects?

Prioritization in managing multiple prospects can be achieved through organizing tasks based on urgency and potential value. Explain how you use tools like Salesforce for tracking progress, set reminders, and allocate time blocks for follow-ups. Highlight your ability to remain flexible and adapt to changing priorities.

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What unique value do you think you can bring to the Partner Development Representative role?

Consider discussing your unique combination of skills, experiences, and perspectives that align with Ramp's mission. Highlight your prior experience in sales or partnerships and how it has shaped your ability to connect with diverse businesses. Emphasize your drive to innovate and create lasting relationships as a key value you bring.

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Why do you want to join Ramp as a Partner Development Representative?

Express your excitement about joining Ramp by discussing its innovative approach to financial operations and the impact you could have in scaling partnerships. Highlight Ramp's accolades and growth trajectory that resonate with your career aspirations, emphasizing your eagerness to contribute to a forward-thinking company.

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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 12, 2024

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