Partner Development Manager- Banking & Wealth

Plaid
New York
Remote

Who this role is best for

Aimed at senior business development professionals who excel in complex deal cycles and have fintech or financial services experience.

Best fit for

  • Experienced in sourcing and closing complex partnership deals in financial services.
    — “Proven track record of sourcing, negotiating, and closing partnership or business development deals
  • Comfortable managing multiple deal cycles with meticulous attention to detail.
    — “Organized and detail-oriented, comfortable managing multiple deal cycles simultaneously
  • Skilled at presenting to senior executives and representing as a thought leader.
    — “Strong written and verbal communication skills with the ability to craft compelling partnership proposals and present to senior executives

Things to consider

  • Requires handling long, complex deal cycles with multiple stakeholders.
    — “manage long, complex cycles with multiple stakeholders
  • Must be comfortable representing the company at industry events.
    — “Comfortable representing Plaid at industry events, conferences, and partner meetings

How to stand out

  • Highlight specific examples of multi-stakeholder deal cycles you've managed.
    — “Experience with complex, multi-stakeholder deal cycles
  • Demonstrate thought leadership in open banking or financial data.
    — “Familiarity with the open banking, financial data, or payments ecosystem
  • Showcase your ability to collaborate with direct sales teams.
    — “Collaborative and self-directed, able to partner with direct sales teams
Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · TeamLevel · Manager

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

  • closed complex deals
  • secured buy-in from senior executives
Typical background
5-10 years in business development or partnerships

Skills & requirements

Required

Business DevelopmentPartnership ManagementComplex Deal NegotiationStrategic Planning

Preferred

Fintech ExperienceFinancial Services Knowledge

Stack & domain

BankingWealth Management

About the role

As a Partner Development Manager at Plaid, you'll be instrumental in driving strategic partnerships within the banking and wealth sectors, leveraging your expertise to secure new deals and expand existing relationships, making you a perfect fit if you thrive in a fast-paced, high-stakes environment.

Original posting from Plaid via Ashby

We believe that the way people interact with their finances will drastically improve in the next few years. We’re dedicated to empowering this transformation by building the tools and experiences that thousands of developers use to create their own products. Plaid powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo, SoFi, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaid’s network covers 12,000 financial institutions across the US, Canada, UK and Europe. Founded in 2013, the company is headquartered in San Francisco with offices in New York, Washington D.C., London and Amsterdam.

We believe that the way people interact with their finances will drastically improve in the next few years. We’re dedicated to empowering this transformation by building the tools and experiences that thousands of developers use to create their own products. Plaid powers the tools millions of people rely on to live a healthier financial life. We work with thousands of companies like Venmo, SoFi, several of the Fortune 500, and many of the largest banks to make it easy for people to connect their financial accounts to the apps and services they want to use. Plaid’s network covers 12,000 financial institutions across the US, Canada, UK and Europe. Founded in 2013, the company is headquartered in San Francisco with offices in New York, Washington D.C., London and Amsterdam.

Plaid’s GTM Partnerships team unlocks “one to many” customer relationships with technology platforms to allow more end customers and consumers to benefit from Plaid’s solutions. Partner Development Managers are aligned with specific revenue segments, in this case supporting our banking and wealth partners.

The Partner Development Manager is responsible for driving deal execution and cross-functional orchestration of strategic opportunities in the Banking, Wealth and Insurance segments. The Partnerships Development Manager will source opportunities and manage long, complex cycles with multiple stakeholders, navigating competitive dynamics and articulating Plaid’s differentiated value proposition. 

Responsibilities

-

  • Strategy. Develop and maintain a strategic prospecting plan to identify new partners critical to Plaid’s penetration of banking, wealth, and insurance verticals
  • Business Development. Establish and grow relationships with high-potential partners, identify partnership opportunities, secure buy-in, and represent Plaid as a thought leader at industry events
  • New Partner Signing. Handle the end-to-end deal cycle for all new Banking & Wealth partners, and collaborate with direct B&W AEs and AMs on overlapping direct and partnership opportunities
  • Upsell Execution. Work with the Banking & Wealth partnerships account management team to execute upsell and expansion opportunities across the existing partner base

Qualifications

-

  • 5–10 years of experience in business development, partnerships, or a related GTM role with demonstrated success signing new partners or closing complex deals; fintech or financial services experience is a plus
  • Proven track record of sourcing, negotiating, and closing partnership or business development deals
  • Strong written and verbal communication skills with the ability to craft compelling partnership proposals and present to senior executives
  • Organized and detail-oriented, comfortable managing multiple deal cycles simultaneously while maintaining CRM hygiene and producing accurate pipeline reports
  • Comfortable representing Plaid at industry events, conferences, and partner meetings as a thought leader
  • Collaborative and self-directed, able to partner with direct sales teams on joint opportunities while independently owning the partner deal cycle
  • Familiarity with the open banking, financial data, or payments ecosystem is a plus but not required
  • Experience with complex, multi-stakeholder deal cycles involving both direct sales and partnership channels

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!

Plaid is proud to be an equal opportunity employer and values diversity at our company. We do not discriminate based on race, color, national origin, ethnicity, religion or religious belief, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, military or veteran status, disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local laws. Plaid is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance with your application or interviews due to a disability, please let us know at accommodations@plaid.com.

Please review our Candidate Privacy Notice here https://plaid.com/legal/#candidate-privacy-notice.

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!

Plaid is proud to be an equal opportunity employer and values diversity at our company. We do not discriminate based on race, color, national origin, ethnicity, religion or religious belief, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender, gender identity, gender expression, transgender status, sexual stereotypes, age, military or veteran status, disability, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local laws. Plaid is committed to providing reasonable accommodations for candidates with disabilities in our recruiting process. If you need any assistance with your application or interviews due to a disability, please let us know at accommodations@plaid.com.

Please review our Candidate Privacy Notice here https://plaid.com/legal/#candidate-privacy-notice.

Source: Plaid careers (Ashby)

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