Business Development (Embedded Finance) Director
$311.88k - $389.85kBrex
Why join usBrex is the intelligent finance platform that enables companies to spend smarter and move faster in more than 200 markets. By combining global corporate cards and banking with intuitive spend management, bill pay, and travel software, Brex enables founders and finance teams to accelerate operations, gain real-time visibility, and control spend effortlessly. Brex’s AI-native automation and world-class service eliminate manual expense and accounting tasks for customers so they can focus on what matters most. Tens of thousands of the world's best companies run on Brex, including DoorDash, Coinbase, Robinhood, Zoom, Plaid, Reddit, and SeatGeek.Working at Brex allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry. We’re committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream. We make this a reality by empowering you with the tools, resources, and support you need to grow your career.Business Development (“BD”) at BrexThe primary focus of the BD team is to drive growth of Brex’s Embedded Finance platform. We are Brex’s Zero to One team, responsible for originating, launching, and scaling partnerships that drive nonlinear corporate card spend. This can include new vertical and market exploration, embedded distribution models, and other strategic bets. We are responsible for strategy, sourcing, negotiation and cross-functional leadership throughout the partner lifecycle. Every member of our team directly impacts our bottom line as we work closely with infrastructure and application partners (Coupa, Navan, Zip, Tekion, etc.) to drive non-linear growth in revenue. In the past twelve months, our BD business has experienced immense growth, with 5x YoY increase in volume through our partners. This growth underscores the significant potential of embedded payments and highlights our technology's growing appeal, making platforms the fastest-growth pillar within Brex.What You’ll DoAs a BD Director you will help generate revenue for Brex by developing a pipeline of partners and then executing on a go-to-market strategy for several anchor partners to drive card volume. You will combine prior experience in product partnerships/channel sales with the unique technology, partnerships and market opportunity at Brex. Some of our engagement models include embedded card integrations, reseller motions, and co-sell relationships. You will be deeply integrated with Product/Engineering, Sales, Product Marketing, Legal and other teams. This is a full-stack, individual contributor BD role - you will lead the entire partnership lifecycle from sourcing and contracting through to product integration and activation of the first 50 customers. You’ll collaborate cross-functionally to structure bespoke embedded payment solutions, develop joint go-to-market plans, and ensure Brex’s platform is deeply embedded in our partners' workflows.This role is ideal for an ex-founder or high-agency operator with both product and go-to-market instincts, who thrives in ambiguity and wants to build something zero to one.Where You'll Work This role will be based in our New York City office. We are a hybrid environment that combines the energy and connections of being in the office with the benefits and flexibility of working from home. We currently require a minimum of three coordinated days in the office per week, Monday, Wednesday and Thursday. As a perk, we also have up to four weeks per year of fully remote work!ResponsibilitiesProactively identify and source net-new partners while expanding existing partner relationships through end-to-end execution (sourcing, business case creation, legal contracting, product integration, and early customer activation) Develop strategies for partner acquisition and expansion, identifying new verticals, market segments, and GTM pathways to support Brex’s “bend the curve” growth goalsCollaborate with Product, Engineering, Legal, Finance, Sales, and Marketing teams to launch complex integrations and activate early usageNavigate ambiguity, distill complexity into actionable decisions, and take initiative in new, undefined opportunity areasTransition-activated partnerships to scaled go-to-market execution and performance tracking in collaboration with AE teamsSupport Brex’s growth into strategic customer segments through targeted partnerships instead of fixed vertical ownershipOperate like a founder with ownership across strategy, documentation, integration execution, and driving impactRequirements8+ years of experience in strategic partnerships, product partnerships, or enterprise sales in B2B industry, preferably at a high-growth startupProven track record of revenue responsibility, exceeding quota targets and achieving strategic objectivesProven ownership of the full engagement lifecycle from discovery, scoping, pricing, contracting, and delivery with accountability of resultsHigh energy and creativity, with a passion for building relationships and thriving in hands-on, self-starter environmentsComfortable managing multiple work streams in a fast-paced, constantly evolving environment while maintaining clarity and focusBusiness acumen spanning the range from strategic mindset (view of market dynamics, partner value propositions, strategic negotiations) to tactical initiatives to build the businessSelf-starter with a drive to win by serving customers and growing revenueUp to 25% travel requiredBonus PointsEx-Founder experience or hybrid backgrounds combining strategy, product, and GTMFintech or embedded finance experienceExperience integrating financial products into SaaS or workflow platformsBackground in management consulting with operating experience in startupsCompensationThe expected OTE range for this role is $311,880 - $389,850. The starting wage will depend on a number of factors including the candidate’s location, skills, experience, market demands, and internal pay parity. The OTE figure listed here includes base salary and commissions, which may or may not be earned depending on performance. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.Please be aware, job-seekers may be at risk of targeting by malicious actors looking for personal data. Brex recruiters will only reach out via LinkedIn or email with a brex.com domain. Any outreach claiming to be from Brex via other sources should be ignored.
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