First Citizens Bank

SVB-RM I -Business Development- Startup Banking

First Citizens Bank$120K — $150K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree with 2 years in relevant field or High School Diploma with 6 years of experience
  • 5 years of direct experience in startup or venture roles is preferred
  • Proven ability to develop strong relationships
  • Self-starter with autonomous execution skills
  • Willingness to engage actively in market events
  • Attention to detail and strong organizational skills
  • Pre-existing network in the innovation economy

Responsibilities

  • Collaborate on regional go-to-market strategy with the Business Development Director
  • Engage with early-stage channels in the tech and venture ecosystem
  • Build and manage a pipeline of new prospects through various channels
  • Articulate SVB's value proposition to prospective clients
  • Track client engagement using CRM tools
  • Partner with internal SVB teams to close deals
  • Support founder success initiatives with top-tier prospects and clients

Benefits

  • Comprehensive benefits program designed for associates' needs
  • Opportunities for professional development and growth
  • Engagement in a dynamic, innovative work environment
  • Supportive culture fostering relationships in the startup ecosystem
Full Job Description
Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of our Nor Cal office.

SVB Startup Banking is focused on engaging and building deep and authentic relationships with pre-Series A founders, investors (emerging managers), clients, prospects, and partners including accelerators/incubators, law firms, universities, industry groups, and more.

We are currently seeking a business development professional with experience in the early-stage technology startup landscape to join our team. The role's day-to-day work is broken down into two main functions: business development (acquiring new clients for SVB's startup banking platform) & delivering founder success within your local market (in this case, Northern California). Your days will be spent meeting founders and channel partners, spearheading events with key partners (from conception to execution to follow up) and serving as a brand ambassador for SVB in your local market. This role involves a lot of "dot connecting" across your own personal and professional, internal and external networks. Based in San Francisco, the ideal candidate is already active in the local ecosystem, with an existing and growing network of investors, law firms, influencers, and relevant stakeholder relationships.

Responsibilities

  • Work closely with our Director of Business Development to develop and execute on a regional GTM strategy
  • Successfully engage and support key early-stage channels in the tech and venture ecosystem
  • Generate your own pipeline of new prospects. This can be done in many ways, including events, partnerships, referrals, etc.
  • Interact directly with prospective clients to articulate SVB's value proposition, products, and other services, and ultimately convert these prospects into clients
  • Rigorously track prospective and ongoing client engagement via our CRM
  • Partner with internal teams at SVB such as Investor Coverage, Relationship Management, Global Fund Banking, and Wealth to close deals and deliver "value beyond banking" to prospects and clients
  • Support our team's founder success efforts with top tier prospects and clients. These often focus around advising clients on fundraising, making helpful ecosystem connections, hosting value-additive events/roundtables and more

Qualifications

Bachelor's Degree and 2 years of direct experience in business development, partnerships, program management or "generalist" experience working with startups, venture capitalists, accelerators, or adjacent roles in the innovation economy OR High School Diploma or GED and 6 years of experience

Preferred qualifications:
  • 5 years experience working with startups, venture capitalists, accelerators or adjacent roles in the innovation economy
  • Natural ability to build trusted relationships
  • A self-starter, able to execute autonomously
  • Willingness to be regularly "in market," hosting & attending events, speaking on panels, etc.
  • Scrupulous attention to detail and strong organizational skills
  • A pre-existing network in the innovation economy (founders, VCs, service providers)

The base pay for this position is relative to your experience but the range is generally $120000 - $150000 annually. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

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About First Citizens Bank

First Citizens Bank is a regional bank that provides a range of financial services to individuals and businesses. The bank offers checking and savings accounts, loans, mortgages, credit cards, and investment services, as well as online and mobile banking. First Citizens Bank operates more than 500 branches in 19 states and the District of Columbia. The bank was founded in 1898 and is headquartered in Raleigh, North Carolina.
Learn more about First Citizens Bank
Size
6,000 employees
Industry
Founded
1898

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