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- Tasks: Drive partnerships and manage relationships with financial brokers and SMEs.
- Company: YouLend is a leading embedded financing platform for top e-commerce and tech companies.
- Benefits: Enjoy stock options, private medical insurance, gym access, and team socials.
- Why this job: Join an award-winning fintech and make a real impact in the financial services sector.
- Qualifications: Fluent in German with 2+ years in partnership sales; strong networking and presentation skills required.
- Other info: Be part of a diverse team in a fast-paced, dynamic environment.
The predicted salary is between 40000 - 60000 £ per year.
YouLend is the preferred global embedded financing platform for many of the world's leading e-commerce sites, tech companies and payment services providers such as Amazon, eBay, Shopify, Mollie, Dojo, Paysafe, Just Eat Takeaway and Takepayments. Our software platform and APIs enable our partners to offer flexible financing products, in their desired branding, to their merchant base. With YouLend's AI-driven credit risk assessment solutions, more merchants and SMEs than ever can receive fast, flexible and affordable funding. We operate in 9+ geographies across the UK, EU and the US.
The role of the Business Development Manager is diverse, involving direct sales in sourcing and pitching new partners as well as relationship management. Success in this role requires a balance of both skill sets.
In your role, you'll manage a portfolio of introducing partners, which could include Financial Brokers, Accountants, PSPs, or any partner with access to numerous SMEs. You will be expected to grow your portfolio through acquiring new partners and scaling your current partners through training and relationship management initiatives to match the growth of YouLend.
Requirements- Build a portfolio of partnerships in a new jurisdiction from a cold start
- Articulate and present performance metrics internally to senior management and C-level executives
- Identify and win partnerships with various referral partners, including brokerages and financial advisors
- Develop a scalable account management strategy and demonstrate proven results
- Articulate a broader new business acquisition strategy with support from the Broker Partnerships lead across DE & Europe
- Engage in marketing activities (webinars, newsletters, thought leadership)
- Manage relationships through existing partners
- Focus on acquiring new business from new or existing partners through initiatives and training
- Create engaging training sessions and present to partners and their teams
- Support the European Business Development Lead with key partners and provide input for efficient processes
- Utilize networking skills through social media and attend relevant events
- Be prepared to travel and organize social events for partners
- Fluent in German (native level or C2)
- 2+ years of partnership sales/business development experience in financial services or e-commerce
- Proven track record of meeting revenue targets through partnership agreements
- Experience with prospect outreach and building effective targeting strategies
- Able to report performance efficiently and concisely to senior management
- Strong understanding of commercial risk mitigation and management
- Ability to simplify complex solutions for effective communication
- Motivated and comfortable with accountability
- Willing to contribute to a fast-growing company
- Ability to work in a fast-paced environment with multiple demands
- A networker with an entrepreneurial spirit and excellent presentation skills
- Full 360 sales experience
Why join YouLend? Award-Winning Workplace: Recognized as one of the "Best Places to Work 2024" by the Sunday Times. Award-Winning Fintech: Recognized as a "Top 250 Fintech Worldwide" company by CNBC. We offer a comprehensive benefits package that includes:
- Stock Options
- Private Medical Insurance via Vitality
- EAP with Health Assured
- Enhanced Maternity and Paternity Leave
- Modern office space in Central London
- Free Gym in office building in Holborn
- Subsidised Lunch via Feedr
- Deliveroo Allowance for late work
- Monthly in-office Masseuse
- Team and Company Socials
- Football Power League / Squash Club
At YouLend, we champion diversity and embrace equal opportunity employment practices. Our hiring, transfer, and promotion decisions are based on qualifications, merit, and business requirements, free from discrimination based on race, gender, age, disability, religion, nationality, or any other protected basis under applicable law.
Salary Range: £50,000 - £60,000 + up to 70% Annual performance bonus.
Seniority level: Entry level
Employment type: Full-time
Job function: Sales, Business Development, and Customer Service
Industries: IT Services and IT Consulting
Business Development Manager - German Speaking employer: YouLend
Contact Detail:
YouLend Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - German Speaking
✨Tip Number 1
Network actively within the financial services and e-commerce sectors. Attend industry events, webinars, and meetups to connect with potential partners and gain insights into the market. This will not only help you build relationships but also demonstrate your commitment to the role.
✨Tip Number 2
Leverage social media platforms like LinkedIn to showcase your expertise in partnership sales and business development. Share relevant content, engage with industry leaders, and participate in discussions to increase your visibility and attract attention from YouLend.
✨Tip Number 3
Prepare to articulate your understanding of commercial risk mitigation and management during networking conversations. Being able to simplify complex solutions will set you apart and show that you can effectively communicate with potential partners.
✨Tip Number 4
Familiarise yourself with YouLend's products and services before applying. Understanding their AI-driven credit risk assessment solutions and how they benefit partners will allow you to speak confidently about how you can contribute to their growth and success.
We think you need these skills to ace Business Development Manager - German Speaking
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development and partnership sales, especially within financial services or e-commerce. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your fluency in German and your ability to build partnerships. Mention specific examples of how you've met revenue targets and developed successful strategies in previous roles.
Showcase Your Networking Skills: In your application, emphasise your networking abilities and any relevant connections you have in the industry. Highlight experiences where you've successfully engaged with partners or clients through social media or events.
Demonstrate Your Understanding of the Role: Clearly articulate your understanding of the responsibilities of a Business Development Manager at YouLend. Discuss how you would approach building a portfolio of partnerships and managing relationships effectively.
How to prepare for a job interview at YouLend
✨Showcase Your Language Skills
As a Business Development Manager for a German-speaking role, it's crucial to demonstrate your fluency in German. Be prepared to conduct part of the interview in German to showcase your language proficiency and comfort level.
✨Highlight Relevant Experience
Make sure to discuss your previous experience in partnership sales or business development, especially within financial services or e-commerce. Use specific examples to illustrate how you've met revenue targets and built successful partnerships.
✨Prepare for Performance Metrics Discussion
Since the role involves reporting performance metrics to senior management, be ready to discuss how you track and report on your success. Bring examples of metrics you've used in the past and how they contributed to your team's goals.
✨Demonstrate Networking Skills
Networking is key in this role, so be prepared to talk about your strategies for building relationships with partners. Share any relevant experiences where you've successfully engaged with stakeholders through social media or events.
