Business Development Director
3 hours ago
Job Title: Director, Business Development at Mastercard Foundation
About the Role:
We are seeking a highly skilled and experienced Business Development Director to join our team at Mastercard Foundation. The successful candidate will be responsible for growing, maintaining, converting, and tracking a healthy pipeline of Large Market/B2B opportunities across all issuers, including new players in this space.
Key Responsibilities:
- Meet and exceed KPIs on Pipeline Value, Conversion rate, time-to-revenue and Y1/Y2 revenue.
- Support issuers through the LM/B2B journey by clearly and simply articulating the value MC can bring both around Product, D&S and other Services capabilities.
- Bring to bear the entire Mastercard capability set, across all functions, to close out deals.
- Create, drive, and win deals with Financial Institution (FI) partners (for both card & invoice led flows) and own the response to RFPs when required.
- Take responsibility for training the sales teams inside the FI partners and supporting their ongoing product knowledge development to enable them to sell into their customer base.
- Where it is optimal, undertake Direct-to-Corporate (D2C) activities, working directly with Large Market/Mid-Market corporates that have significant procurement activity.
- Assist them in identifying pain points in their procurement processes, articulate solutions that leverage Mastercard platforms & products and have them make the brand decision in favor of Mastercard.
- Once that is done, then in discussion with Regional B2B Head, take these prospective LM/MM corporate customers to Issuers/FI partners in a completely agnostic manner and help them make decisions around which partners to go with.
- Own deal implementation & go-live in partnership with B2B Program Managers where available or directly interface with TAMs to drive implementation of deals.
- Develop and manage a Commercial BD events schedule.
Requirements:
- Good knowledge of the Commercial Large Market segment and its AP/Procure-to-Pay and AR/Order-to-Cash cycle pain points.
- Working knowledge of the Commercial Card / Transaction Banking industry with a demonstrated experience in sales/product/customer management in these businesses.
- Self-motivated with a demonstrated track record of success.
- Ability to interact with external clients.
- Successful salesperson with ability to generate and follow up on leads independently.
- Good communication skills and active participation to contribute to team settings.
- Proactivity, curiosity to learn and eagerness to innovate.
- Demonstrated success in commercial management/relationship roles with a strong track record of success.
- Superior interpersonal and communications skills and an ability to bring together internal and external stakeholders to create solutions for customers and have them implemented.
- Experience in identifying strategic opportunities and of managing multiple stakeholder projects.
Security Responsibility:
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercards security policies and practices;
- Ensure the confidentiality and integrity of the information being accessed;
- Report any suspected information security violation or breach;
- Complete all periodic mandatory security trainings in accordance with Mastercards guidelines.
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