Business Development Specialist

Bread Financial Holdings, Inc.

$69K — $126K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High School Diploma or GED
  • 2+ years experience in business development, sales, or marketing
  • Bachelor’s Degree in Finance, Business Administration or related field preferred
  • 3+ years experience in Credit Card and/or Fintech sales environment preferred
  • Proficiency in Salesforce platform

Responsibilities

  • Support strategic planning by identifying new business opportunities
  • Coordinate resources and technology to support sales executives
  • Monitor market trends and competitor activities
  • Assist in developing proposals and client-facing documents
  • Ensure compliance with the new business process and regulatory requirements

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Flexible Time Off (FTO) program
  • Paid parental leave
  • 401(k) plan with immediate enrollment
  • Paid Sick and Safe Time (PSST) for associates
  • Stock purchase options during offering periods
  • Annual incentive bonus based on performance
Full Job Description

Job Summary

The Business Development Specialist works closely with assigned sales executive and others members of the Business Development team to support the company's business development initiatives. This role involves coordinating procedures and initiatives for the new business review process and provide crucial support for sales executives and leadership. This role may will also engage in client-facing business development support and interact with consultants and advisors throughout the new business sale cycle. 

Essential Job Functions

  • Support the 3-year strategic plan by identifying new leads, accounts, and business opportunities in the assigned verticals. - (35%)
  • Align resources, coordinate virtual technology efforts, and support sales executives to ensure a successful overview of new prospect clients for the Executive members of the organization. - (25%)
  • Monitor market trends and competitor activities. Manage pipeline reporting/activity tracking. Provide enterprise recurring and non-recurring Business Development reporting and updates. - (20%)
  • Assist sales executive in developing, writing, and designing proposals, RFP responses, and other client-facing documents. - (10%)
  • First line of defense to ensure that the new business process is in compliance with regulatory requirements. Resource for examinations as needed for requested materials, etc. - (10%)


Minimum Qualifications

  • High School Diploma or GED
  • 2+ years experience in business development, sales or marketing


Preferred Qualifications

  • Bachelor’s Degree in Finance, Business Administration or related field
  • 3+ years experience supporting Business development/Sales teams in Credit Card and/or Fintech sales environment


Skills

  • Business Development Planning
  • Sales Presentations
  • Sales Pipeline
  • Client Prospecting
  • Project Management
  • Sales Insights
  • Salesforce Platform


Reports To: Senior Director and above

Direct Reports: 0

Work Environment

  • Normal office environment. (Remote or Hybrid), 3 to 4 days per month are required in office if within 60 miles of a posted Bread Financial location.


Travel

  • Ability to travel up to 10% annually


Physical and Mental Requirements

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship.

  • Communicate/Hearing
  • Communicate/Talking
  • Move/Traverse
  • Stationary Position/Seated
  • Typing/Writing
  • Maintain focus in high pressure or fast-paced work environment

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

Salary Range (unless otherwise noted below):

$69,900.00 - $126,600.00

Full Salary Range for position:

California: $80,400.00 - $158,300.00Colorado: $69,900.00 - $133,000.00New York: $76,900.00 - $158,300.00Washington: $73,400.00 - $145,600.00Maryland: $73,400.00 - $139,300.00Washington DC: $80,400.00 - $145,600.00Illinois: $69,900.00 - $139,300.00New Jersey: $80,400.00 - $145,600.00Vermont: $69,900.00 - $126,600.00Ohio: $69,900.00 - $126,600.00

 

Maine: $69,900.00 - $126,600.00

 

Connecticut: $76,900.00 - $139,300.00

 

Virginia: $69,900.00 - $126,600.00

The actual base pay within this range may be dependent upon many factors, which may include, but are not limited to, work location, education, experience, and skills.


You must be work authorized in the United States on a full time basis without the need for any sponsorship now or in the future from any employer or organization. The Company cannot offer employment to F-1 (student) visa holders.

Bread Financial offers medical, prescription drug, dental, vision, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability) to eligible associates (regular full-time associates scheduled to work 30 hours per week or more) and their spouses/domestic partners, and child(ren) under the age of 26.  New associate elected coverage begins on date of hire (with the exception of disability coverage which has a 6-month waiting period).  Six weeks of 100% paid parental leave for eligible parents is available after a 180-day waiting period.   Hired associates can immediately enroll in Bread Financial’s 401(k) plan.

All associates receive 11 paid holidays. Associates have discretion in managing their time away from work through the Flexible Time Off (FTO) program and may need to notify and receive approval from their manager prior to taking the time off. Associates (except those located in Illinois) receive 80 hours of Paid Sick and Safe Time (“PSST”) upon hire and at the beginning of each subsequent calendar year. Illinois associates receive 40 hours of Illinois PSST upon hire and at the beginning of each subsequent calendar year and 40 hours of Illinois Paid Leave upon hire and at the beginning of each subsequent calendar year. Illinois Paid Leave must be used before associates in Illinois will be approved to take FTO.

Hired associates will be able to elect the purchase company stock during offering periods in June and December. You will be eligible for an annual incentive bonus based on individual and company performance.

Click here for more Benefits information.

Job Family:

Sales

Job Type:

Regular

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