Job Description


VP-Business Development

Category:
Corporate Office
Location:
13907 Minuteman Dr 5th Floor
Draper Utah 84020
Job ID:
341146
Job Description:

JOB PURPOSE:

The VP, Business Development will be responsible for prospecting and closing multi-year relationships in targeted market segments to drive profitable growth for RAC’s Acima Leasing platform. In this role, the VP of BD will be a key external facing member of the Business Development team and responsible for deepening Acima’s market penetration with enterprise merchants.

 

KEY RESPONSIBILITIES:

  • Develop new multi-year relationships with enterprise merchants in coordination with SVP, Business Development and Partnerships and cross-functional teams to drive strategic growth in targeted market segments.
  • Develop a pipeline of prospects and new relationships, selling in Acima’s leasing services and other offerings.
  • Develop relationships with C-level management of various industry prospects (retailers, associations and buying groups) to drive opportunities.
  • Conduct strategic account planning for targeted prospects to: 1) Explore and prioritize opportunities; 2) Develop prospecting approach and winning value proposition tailored to specific client requirements; 3) work collaboratively with internal and external resources; and 4) Formulate action plans to close new business.
  • Structure, negotiate and close multi-year contracts with future partners.
  • Negotiations include pricing/financial offers, terms and conditions and internal approvals.
  • Partner with cross-functional teams to lead internal approval processes.
  • Provide insight to the organization on market trends, competitive intelligence.
  • Partner with Acima’s BD, sales and executive teams on our ever-evolving go-to-market strategies.
  • Prospect activities include industry and company research, sales presentations, trade show attendance and pipeline reporting.
  • Provide insights to the sales organization on best practices and to the overall organization on the development of sales presentations and innovative sales strategies.
  • Responsible for sales communications supporting plans and progress toward goals.
  • Perform other duties and/or special projects as assigned.

JOB REQUIREMENTS:

  • Bachelor’s Degree and/or direct domain experience in relevant field (e.g., business, marketing, finance, economics).
  • Minimum 15 years professional experience, with five or more years of business development in the financial services industry selling to enterprise retailers.
  • Demonstrated track record of Business Development success.
  • Superior communication skills, including the demonstrated ability to influence decision makers.
  • Capable of communicating and expressing ideas clearly and concisely, in both written and oral formats.
  • Highly organized and detail-oriented with proven ability to multi-task.
  • Self-motivated, independent and resourceful.
  • Capable of being objective and giving/taking constructive feedback
  • Must be willing to travel up to 50% of time.

DESIRED CHARACTERISTICS:

  • Proven track record of business development success with retail community in the consumer finance, lease-to-own, consumer payments, credit card or related industries.
  • Expertise in selling to big-ticket merchants.
  • Master’s degree preferred

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