Plaid

Strategic Partnerships - Credit

Plaid$130K — $180K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of overall work experience, including 8+ years in business development or strategic partnerships in high-growth settings.
  • Experience in the credit/lending industry with a focus on innovation in financial services.
  • Proven success in closing large partner deals exceeding $1M+ ARR.
  • Strong communication skills with the ability to build internal relationships across various teams.
  • Strategic mindset for holistic partner program development alongside individual partnerships.

Responsibilities

  • Own market strategy by assessing new target markets in credit and identifying potential partners.
  • Manage the entire partner deal cycle from strategy to execution with cross-functional team support.
  • Elevate partner relationships by collaborating on integration and growth milestones.

Benefits

  • Opportunity to work on innovative solutions in financial services and lending.
  • Environment that encourages diversity and values unique experiences.
  • Collaborative culture involving cross-functional teamwork.
Full Job Description
Plaid's Partnerships team unlocks "one to many" relationships and product partnerships with technology platforms to allow more customers and consumers to benefit from Plaid's solutions. This role will focus specifically on partnerships that unlock new markets and scale new use cases alongside our Credit Team.

Our Credit Team is building the future of lending by making cash flow data as ubiquitous and trusted as traditional credit data. Our mission is to expand access to more affordable credit by empowering lenders with real-time financial data that improves risk assessment and decision-making at scale.

In this role, you'll be the partnerships leader driving forward mutually beneficial partnerships for companies looking to use Plaid across to lending & credit lifecycle, from income verification to cash flow underwriting. You'll be responsible for the entire sales process from identifying high priority target partners, to forming early relationships, to negotiating and closing complex deals, to upselling existing partners. You'll work directly with internal and external stakeholders across functions - from product to legal to engineering - to unlock mutually beneficial partnerships.

Responsibilities
  • Market Strategy. Own and drive assessments of new target markets in the credit/lending industry and identify high propensity partnership targets. Lead targeting strategy by employing outbound, marketing, sales strategy alongside product and marketing counterparts.
  • Deal Execution: Own all aspects of the partner deal cycle (strategy, prospecting, discovery, alignment, negotiation, execution) with support from our cross-functional teams (product, implementation, commercial, legal).
  • Partner Growth: Elevate our partner relationships through key milestones - from completed integration to "first customer live" to scaling. Collaborate with teams such as product and implementation to enable continued growth.

Qualifications
  • 10+ years of overall work experience, with 8+ years business development, strategic partnerships, product partnerships or strategic sales experience in a dynamic high-growth environment.
  • Experience working in the credit / lending industry and excitement around driving innovation in financial services.
  • Proven ability to close and grow large partner relationships (>$1M+ ARR).
  • Strong communicator and internal relationship builder, who can collaborate cross-functionally (e.g., with our product and technical teams) on complex topics.
  • Strategic mindset to build a holistic partner program in addition to individual partner relationships.

Our mission at Plaid is to unlock financial freedom for everyone. To support that mission, we seek to build a diverse team of driven individuals who care deeply about making the financial ecosystem more equitable. We recognize that strong qualifications can come from both prior work experiences and lived experiences. We encourage you to apply to a role even if your experience doesn't fully match the job description. We are always looking for team members that will bring something unique to Plaid!

About Plaid

Plaid is a financial services company based in New York City. The company builds a technology platform, which enables applications to connect with users' bank accounts. Plaid focuses on enabling consumers and businesses to interact with their bank accounts, check balances, and make payments through financial technology applications. The company was founded in 2013 by Zach Perret and William Hockey. In January 2020, Visa announced that it would acquire Plaid for $5.3 billion. The acquisition was completed in January 2021.
Learn more about Plaid
Size
600 employees
Industry
Founded
2011

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