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Business Development Manager

Street Diligence is a high-growth FinTech start-up with an innovative product offering and ambitious expansion plans. Our clients include leading financial institutions that use our platform to analyze and negotiate advantageous terms in legal and financial contracts.  We break down key terms, identify what’s “market” and “off-market” and flags risks embedded in contract terms.  Our platform also provides unique visuals, benchmarking and comparison to place negotiations and contracts in context.  Founded in 2012, Street Diligence is headquartered in New York. 

THE ROLE 

This is an exciting opportunity to shape the trajectory of a fast-moving SaaS company in the FinTech space. Street Diligence is seeking a results-driven Business Development Manager to lead and optimize our outbound sales efforts, driving the success of our sales strategies and top-of-funnel growth. This role will be pivotal in organizing high-quality prospects, delivering targeted contacts to the SDR team. The ideal candidate will have expertise in outbound marketing strategies, prospect mapping, and a data-driven mindset to track success through conversion rates and revenue impact. This is an exciting opportunity to shape the trajectory of a fast-moving FinTech company in the SaaS space. 

  
WHAT YOU’LL DO 

  • Create and implement a targeted strategy focused on driving market penetration within our key products and verticals to achieve measurable growth. 

  • Focus on generating leads and driving their conversion, with a focus on revenue generation as a key performance indicator. 

  • Equip the SDR team with vetted, high-quality contacts for outreach, ensuring alignment with sales goals and maximizing conversion potential. 

  • Research and identify target companies and key contacts within specific verticals, creating a clear map of high-value opportunities for the sales team. 

  • Design and execute outbound engagement strategies, including the creation of messaging, sales outreach, and drip campaigns, leveraging our existing marketing collateral to enhance engagement. 

  • Identify events and networking opportunities that align with our lead generation and growth objectives . 

WHAT YOU’LL BRING 

  • BA/BS degree (or relevant work experience) 

  • 4+ years of experience in B2B Sales, Sales Enablement, or a related field with a strong focus on lead generation. 

  • Expertise in ‘cold calling’ best practices and managing diverse stakeholder groups 

  • Demonstrated expertise in creating and managing outbound campaigns, including email marketing, drip campaigns, and targeted outreach 

  • Proficiency with CRM systems (ie. Salesforce) and marketing automation platforms to track and nurture leads effectively 

DESIRED QUALIFICATIONS 

  • Experience working at a FinTech or Financial Services organization. 

  • Experience selling an AI or ML based SaaS platform 

We know that not everyone will meet all of the qualifications listed above. If your experience doesn't perfectly align, but you believe you'd be a strong fit for the team, we encourage you to apply. We’re eager to learn more about what you can offer! 

Street Diligence is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state or local law. Street Diligence participates in the E-Verify employment system of the U.S. Government. 

Average salary estimate

$100000 / YEARLY (est.)
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$80000K
$120000K

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What You Should Know About Business Development Manager, Street Diligence

Street Diligence, a high-growth FinTech start-up based in Florianópolis, is on the lookout for a dynamic Business Development Manager to help steer our outbound sales efforts as we continue to expand. In this role, you'll play a crucial part in shaping the success of our innovative platform, which helps leading financial institutions break down legal and financial contracts, pinpointing key terms and risks that might be lurking in the fine print. If you have a knack for identifying potential customers and driving engagement through targeted marketing strategies, we want you! As a Business Development Manager at Street Diligence, you'll focus on researching and mapping high-value prospects, equipping our sales development team with the contacts they need to make meaningful connections. You'll be responsible for designing effective outreach campaigns and utilizing CRM systems to track your efforts, all while aiming for measurable growth in revenue. Our ideal candidate will have at least four years of experience in B2B sales or lead generation, with a particular expertise in cold calling and managing diverse stakeholders. Experience in the FinTech space or selling AI-driven solutions would be a big plus! If you're ready to take on this exciting challenge and have an impact on our growth trajectory, we'd love to hear from you!

Frequently Asked Questions (FAQs) for Business Development Manager Role at Street Diligence
What are the primary responsibilities of a Business Development Manager at Street Diligence?

The primary responsibilities of a Business Development Manager at Street Diligence include creating and implementing targeted sales strategies to drive market penetration and lead generation. You'll equip our Sales Development Representative (SDR) team with vetted prospects, research target companies, and develop outbound engagement strategies that leverage our existing marketing materials.

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What experience is necessary for a Business Development Manager position at Street Diligence?

To qualify for the Business Development Manager position at Street Diligence, candidates typically need a BA/BS degree or relevant work experience, combined with at least 4 years in B2B Sales or Sales Enablement. Expertise in outbound marketing, cold calling, and stakeholder management is crucial, as well as experience with CRM platforms like Salesforce.

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How does Street Diligence measure success for the Business Development Manager role?

Success in the Business Development Manager role at Street Diligence is primarily measured through lead generation and conversion rates, as well as revenue growth. You'll be expected to track your efforts using data analytics, aiming to align your strategies with the overall sales goals.

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What skills will make a Business Development Manager successful at Street Diligence?

A successful Business Development Manager at Street Diligence should have strong communication and interpersonal skills to engage effectively with potential clients. Proficiency in developing outbound campaigns, cold calling, and utilizing marketing automation tools is essential to enhance lead engagement and conversion.

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Is prior experience in FinTech important for a Business Development Manager at Street Diligence?

While prior experience in FinTech is not mandatory, it is certainly desirable for a Business Development Manager at Street Diligence. Understanding the nuances of financial services and technology can significantly enhance your effectiveness in this role, especially when selling our SaaS platform.

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Common Interview Questions for Business Development Manager
Can you describe your experience with lead generation strategies as a Business Development Manager?

In responding to this question, highlight specific techniques you've employed for lead generation, such as targeted outreach, cold calling, or utilizing CRM tools like Salesforce. It’s ideal to provide examples that showcase your success and the measurable impact of your efforts.

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What do you believe are the key components of a successful outbound marketing campaign?

When answering this, emphasize the importance of clear messaging, understanding your target audience, and effective follow-up strategies. Discuss how you utilize data analytics to measure campaign performance and make necessary adjustments in real time.

Join Rise to see the full answer
How do you prioritize leads in a fast-paced sales environment?

Share your approach to lead prioritization, which may include assessing lead quality based on fit with your ideal customer profile, understanding their needs, and utilizing a scoring system. Highlight how this strategy helps increase conversion rates.

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Describe a time you overcame a significant sales challenge.

For this question, narrate a specific example where you faced a tough sales situation—be it a difficult client or market conditions. Focus on the strategies you implemented to overcome these challenges and the successful outcome that followed.

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How do you stay informed about changes and trends in the FinTech industry?

Discuss your methods for staying updated, such as following industry publications, attending conferences, and networking with professionals. This shows your commitment to remaining knowledgeable about the industry as a Business Development Manager at Street Diligence.

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What role does customer feedback play in your sales strategy?

Emphasize the significance of customer feedback in refining your sales strategies, product development, and enhancing customer relationships. Providing examples of how you've integrated feedback into your approach can be impactful.

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How do you collaborate with other teams to achieve sales goals?

Illustrate the importance of cross-team collaboration, explaining how you work with marketing, product development, and customer success teams to align efforts and drive sales initiatives effectively.

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What techniques have you used to build a solid relationship with key stakeholders?

Discuss specific relationship-building techniques such as maintaining regular communication, personalizing interactions, and ensuring transparency with stakeholders. Relate back to how these efforts have led to successful partnerships.

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Can you give an example of how you used data to influence your sales decisions?

Provide a concrete example where you used sales data to inform your strategies, such as adjusting outreach methods based on conversion metrics or using insights to target a specific demographic more effectively.

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Why do you want to work as a Business Development Manager at Street Diligence?

This is your chance to express your enthusiasm for Street Diligence's innovative approach in the FinTech space. Talk about your alignment with their mission, the excitement of contributing to a growing SaaS platform, or the particular aspects of their culture that resonate with you.

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Street Diligence is the leading provider of deal term analytics for fixed income investment professionals. Our web-based platform is used by leading hedge funds, global investment banks, direct lenders, restructuring advisors and insurance compani...

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Full-time, on-site
DATE POSTED
January 3, 2025

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