Senior Business Development Manager

New York, NY, US • Posted 2 days ago • Updated 2 days ago
Full Time
Occasional Travel Required
On-site
$120,000 - $160,000/yr
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Job Details

Skills

  • Banking
  • Sales
  • Wholesale
  • Payments
  • Business Development
  • Global Delivery
  • Sales Process

Summary

About Us:

Intellect Design Arena Ltd is a global leader in enterprise-grade financial technology, delivering composable and intelligent solutions to forward-looking financial institutions across 61 countries. With three decades of domain expertise, our product suite spans Wholesale Banking, Consumer Banking, Central Banking, Wealth, Capital Markets, Treasury, Insurance and Digital Technology for Commerce. Applying First Principles Thinking and Design Thinking, we have elementaries the financial services landscape into a finite set of Events, Microservices, and APIs, enabling faster, modular transformation with measurable outcomes.

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Position Details

Title: Senior BDM/Sales Manager - Banking & Payments Solutions

Locations : New York/New Jersey

Employment Type: Full time

 

Role Overview

We are looking for a Business Development Manager to drive new client acquisition and revenue growth for our Wholesale Banking solutions in the US market.

Create strategic growth and revenue for Global Wholesale Banking (Business Banking Digital Channel Capabilities, Business Payments, Virtual Account Management, Cash Flow Forecasting for SME s, Working Capital Management for mid and large sized Corporates, Payables and Receivables Finance) software and service offerings through new client acquisitions.

 

Scope of Role:

We are looking for a determined Business Development Manager who can confidently articulate our value proposition to C level executives in both Technology and Business at Tier 1 banks across US.

The successful candidate will be responsible for the acquisition of new clients. With domain knowledge of business or retail banking preferred, the candidate will facilitate the end to end sales process from prospecting to deal closure.

An ideal addition to our team is someone who can hit the ground running, is capable of working independently, and is excited by the thought of expanding our market share.

Key Responsibilities

  • Drive new business acquisition for Wholesale banking solutions across the US market
  • Sell banking technology solutions including payments, cash management, digital banking channels, virtual account management, and working capital solutions
  • Build relationships with C level executives (CIO, CTO, VP, Director level) at Tier 1 banks
  • Manage the full sales lifecycle including prospecting, pipeline development, RFP responses, negotiations, and deal closure
  • Develop and execute go to market strategies to drive growth in the banking sector
  • Generate and maintain a strong sales pipeline across large banking institutions
  • Collaborate with pre sales, product, marketing, and delivery teams to drive successful deal execution
  • Lead proposal development and RFP responses to increase win probability
  • Provide market insights and client feedback to product and leadership teams
  • Achieve annual revenue and sales targets aligned with company growth plans

 

Required Experience

  • 10 to 15 years of experience in Business Development or Enterprise Sales
  • Proven experience selling technology solutions to banks or financial institutions
  • Strong hunter mindset with experience acquiring new clients and logos
  • Experience selling payments, Wholesale banking, cash management, or digital banking platforms
  • Proven track record of achieving multi million dollar sales targets
  • Experience engaging with senior banking stakeholders (CIO, CTO, VP, Director level)
  • Strong communication, negotiation, and relationship management skills

 

Preferred Background

Candidates from the following backgrounds are encouraged to apply:

  • FinTech companies
  • Banking technology providers
  • Consulting firms serving banking clients
  • Banks with technology or digital banking sales experience

 

Additional Information

  • Willingness to travel within the US
  • Experience working in global delivery environments is a plus
Employers have access to artificial intelligence language tools (“AI”) that help generate and enhance job descriptions and AI may have been used to create this description. The position description has been reviewed for accuracy and Dice believes it to correctly reflect the job opportunity.
  • Dice Id: 91170783
  • Position Id: 8979452
  • Posted 2 days ago

Company Info

About Intellect Design Arena, Inc.

In the world of banking and financial technology, we are committed to drive business growth & value by designing technology transformations and reducing complexity with persistent delivery certainty, resulting in a 30% reduction in TCO and engaging customer experiences.

Applying first principles thinking, we have elementalised the banking space to a finite number of Events, Microservices and Application Programming Interfaces (APIs) which significantly simplifies any adoption/transformation initiative.

Further supported by our twin technologies – iTurmeric for Composability and Purple Fabric for Enterprise Connected Intelligence (CI), our IP asset vault presents a formidable combination of enterprise grade robustness, agility, richness of functionality and ease of deployment.

Contact the job poster
VA

Vasanthabalan Arumugam

Recruiter @ Intellect Design Arena, Inc.
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