At a Glance
- Tasks: Lead business development and secure new partnerships in the payments technology sector.
- Company: Global Payments is a leader in payment solutions, empowering millions globally.
- Benefits: Enjoy competitive pay, flexible work options, and opportunities for professional growth.
- Why this job: Join a dynamic team shaping the future of payment technology with innovative solutions.
- Qualifications: Bachelor's degree in Computer Science or equivalent; 10+ years in tech and financial services.
- Other info: Experience in fintech and business development is a plus; remote work may be available.
The predicted salary is between 43200 - 72000 £ per year.
Every day, Global Payments makes it possible for millions of people to move money between buyers and sellers using our payments solutions for credit, debit, prepaid and merchant services. Our worldwide team helps over 3 million companies, more than 1,300 financial institutions and over 600 million cardholders grow with confidence and achieve amazing results. We are driven by our passion for success and we are proud to deliver best-in-class payment technology and software solutions. Join our dynamic team and make your mark on the payments technology landscape of tomorrow.
Summary of This Role
Guides and undertakes business development efforts of prospective clients and distribution channels partners. Plans, identifies, and executes due diligence and implementation of strategic business development objectives. Researches, evaluates, and manages new strategic business opportunities, entry into niche or new geographic markets, new business platforms, major segment initiatives, and key partnerships and alliances pursuant to the mid- to long-range strategic plans of the segment and enterprise. Coordinates with Corporate Strategy & Development team in mergers, acquisitions, and/or joint ventures. Establishes policy and strategy implementation. Manages financial feasibility studies to include market analysis, monitoring of competitive activity, and identifying customer needs. Assists with special studies or key projects in areas such as operational effectiveness, capacity utilization, cost containment, etc. as required.
What Part Will You Play?
- Identifies, negotiates and secures new business relationships with non-traditional prospects with new ideas for new product solutions to create and new business opportunities.
- Champions work with product managers, sales, clients, relationship management teams, consultants, and internal and external partners to help define growth strategies, product marketing positioning objectives, pricing strategies, partnerships, communications, industry events, and/or strategies for products and services.
- Coordinates qualified opportunities with various internal teams for product design and detailed solution analysis.
- Evaluates new ideas to determine technical feasibility, possible deployment options, potential implementation costs and/or high level effort estimates and market potential.
- Assists Strategic Marketing in the market assessment and market analysis process to determine target market and client reaction to new solution concepts which are consistent with the organization's long range and strategic plans.
- Identifies and investigates emerging market and niche opportunities.
- Oversees market analysis, monitors competitive activity, and identifies needs relative to organization’s capabilities and alignment.
- Provides recommendations (i.e., go/no go, buy, build or partner) to executive management for the delivery of new solution ideas based on the potential return on investment.
- Directs commercial and contractual negotiations to secure a profitable financial return on the investment and on the resources deployed into the sign up and the implementation of new clients and new business.
- Conducts full due diligence throughout the whole negotiation phase leading into contract stage.
- Provides the oversight and coordinates with other teams across the sales process including qualifying opportunities against established criteria, developing terms sheets, coordinating solution design, formulating RFP/RFI responses, structuring pricing, and guiding legal/ commercial negotiations.
- Monitors revenue generation in order to secure delivery of financial objectives established in the annual budget.
- Secures invoicing and revenue recognition.
- Identifies, negotiates and secures potential business partnerships in order to enhance products and services to new customers with the objective to offer latest technology and innovation in the electronic payments area.
- Provides industry knowledge, market understanding and strategic product management expertise to identify market trends and innovation needs that align to the ongoing strategic marketing plan for the business.
- Delivers industry thought leadership by authoring white papers, case studies and industry publication articles while regularly speaking at financial services industry events, trade shows and client conferences.
Not an exhaustive list; other duties as assigned.
What Are We Looking For in This Role?
Minimum Qualifications
- Bachelor's Degree Relevant Experience or Degree in: Computer Science or equivalent field from an accredited university is required; however, relevant experience in lieu of a degree may be considered.
- Typically Minimum 10+ Years Relevant Exp Experience in technology and a good grasp of financial services technology preferably across all phases of the B2B product lifecycle within the Payments space.
- Strong understanding of the fintech environment and of the emerging players entering the payments space (Google, Facebook, Apple, etc.)
- Prior sales, business development or M&A experience is valuable.
- Any start-up, executive management or P&L management would be additive.
- Understanding of sales management and reporting, ability to drive reviews of sales activity across a broad stakeholder group.
- Experience driving management reporting and dashboards for consumption at a senior leadership level.
Preferred Qualifications
- Master's Degree typically, related field of study from an accredited university.
- Typically Minimum 12+ Years Relevant Exp
ISV Strategic Partner Growth Manager employer: Global Payments UK Ltd
Contact Detail:
Global Payments UK Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ISV Strategic Partner Growth Manager
✨Tip Number 1
Network with professionals in the fintech and payments industry. Attend relevant conferences, webinars, and meetups to connect with potential colleagues and industry leaders. This can help you gain insights into the latest trends and opportunities in the market.
✨Tip Number 2
Research Global Payments UK Ltd thoroughly. Understand their products, services, and recent developments. Tailoring your conversations and questions during interviews to reflect this knowledge will demonstrate your genuine interest in the company and its mission.
✨Tip Number 3
Prepare to discuss your experience in business development and strategic partnerships. Be ready to share specific examples of how you've successfully identified and secured new business opportunities in the past, particularly in the B2B payments space.
✨Tip Number 4
Stay updated on emerging players in the payments industry, such as tech giants like Google and Apple. Being knowledgeable about their strategies and innovations can give you an edge in discussions about market trends and competitive analysis during the interview process.
We think you need these skills to ace ISV Strategic Partner Growth Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in technology and financial services, particularly in the B2B product lifecycle within the payments space. 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 understanding of the fintech environment and your experience in business development or M&A. Mention specific examples of how you've successfully identified and secured new business relationships.
Highlight Relevant Skills: Emphasise skills such as negotiation, market analysis, and strategic planning. Provide concrete examples of how you've applied these skills in previous roles to achieve business objectives.
Showcase Thought Leadership: If applicable, include any industry publications, white papers, or speaking engagements you've participated in. This demonstrates your expertise and commitment to staying informed about market trends and innovations.
How to prepare for a job interview at Global Payments UK Ltd
✨Research the Company and Industry
Before your interview, make sure to thoroughly research Global Payments and the fintech industry. Understand their products, services, and recent developments. This will help you demonstrate your knowledge and show that you're genuinely interested in the role.
✨Prepare for Behavioural Questions
Expect questions that assess your past experiences and how they relate to the role. Use the STAR method (Situation, Task, Action, Result) to structure your answers, focusing on your achievements in business development and strategic partnerships.
✨Showcase Your Strategic Thinking
As an ISV Strategic Partner Growth Manager, you'll need to think strategically. Be prepared to discuss how you've identified and pursued new business opportunities in the past, and how you would approach similar challenges at Global Payments.
✨Demonstrate Your Communication Skills
Effective communication is key in this role. Be ready to explain complex ideas clearly and concisely. You might also be asked to present a case study or a proposal, so practice articulating your thoughts in a structured manner.