Full-Time

Business Development Representative

Auto Retail

Confirmed live in the last 24 hours

Upstart

Upstart

1,001-5,000 employees

AI lending marketplace connecting consumers and banks

Consumer Software
Fintech

Compensation Overview

$85k - $100kAnnually

+ Bonus + Equity Compensation

Entry

No H1B Sponsorship

Austin, TX, USA

Category
Business Development
Business & Strategy
Required Skills
Cold Calling
Requirements
  • Bachelor’s degree in business or a related field is preferred.
  • At least 6+ months of Enterprise software / SaaS B2B sales development experience including cold calling and email outreach.
  • A track record of measurable success in growing sales pipeline through a targeted account-based approach.
  • Strong communication, analytical, and listening skills, with a positive and energetic phone presence.
  • Strong work-ethic with a strong sense of ownership, accountability and a desire to continually improve.
  • Exceptional writing skills and verbal communication skills to engage prospective customers.
  • Strong organizational and time management skills to prioritize daily and weekly activities, specifically following up with leads in a structured manner.
  • Natural teamwork skills to collaborate with marketing and sales colleagues.
  • Passion for having an impact on demand generation and sales growth.
  • Familiarity with sales development tools such as Outreach, Connectandsell, Zoominfo, and Sendoso.
  • Previous experience within automotive industry a plus.
Responsibilities
  • Account research: Research target dealerships and identify key decision makers to better tailor messaging.
  • 1:1 sales prospecting: Deliver compelling, personalized messages and offers via daily cold calls and emails to key personas such as the General Manager, General Sales Manager, Dealer Principle and Directors of Marketing.
  • Inbound lead follow-up: In partnership with marketing, follow-up with marketing qualified leads generated from the website and marketing campaigns in a timely manner.
  • Sales partnership: Coordinate with account executives to align on target accounts, handoff leads, share prospect insights, and prepare for first meetings.
  • Structured lead management: Consistently update account and lead information and assist the operations team on data cleanup within the CRM system and support weekly reporting efforts.
  • Market insights: Provide “voice of customer feedback and competitive insights to sales, marketing and OEM teams to improve go-to-market strategy.
  • Company support: Work closely with the Marketing and OEM teams on special projects to drive critical initiatives.

Upstart connects consumers with banks and credit unions through its AI-driven lending marketplace. The platform uses advanced AI models to assess borrowers' creditworthiness, allowing lenders to approve more loans at lower rates without bias based on race, age, or gender. Borrowers benefit from a digital-first experience, with over 80% receiving instant approval without needing to provide documentation. Upstart offers various financial products, including personal loans, automotive loans, home equity lines of credit, and small-dollar relief loans. What sets Upstart apart from its competitors is its focus on using AI to enhance the lending process, making it faster and more accessible. The company's goal is to improve access to credit for all consumers while ensuring a fair lending process.

Company Stage

IPO

Total Funding

$132M

Headquarters

San Mateo, California

Founded

2012

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-5%

2 year growth

-16%
Simplify Jobs

Simplify's Take

What believers are saying

  • Upstart's Model 15.0 shows a significant 15% improvement in accuracy, indicating strong technological advancements.
  • The company's expansion into home equity lines of credit (HELOC) opens new revenue streams and market opportunities.
  • Partnerships with credit unions like Diamond, Seattle, and Kaua'i Federal Credit Unions highlight Upstart's growing influence in the financial sector.

What critics are saying

  • Upstart has faced significant funding challenges, leading to layoffs and potential instability.
  • The company's stock has experienced a dramatic 94% plunge, raising concerns about its financial health.

What makes Upstart unique

  • Upstart leverages advanced AI algorithms to offer personalized lending solutions, setting it apart from traditional lenders.
  • The company's Recognized Customer Personalization (RCP) tool allows banks to customize loan offers, enhancing customer satisfaction and engagement.
  • Upstart's partnerships with multiple credit unions demonstrate its ability to integrate seamlessly into existing financial ecosystems.

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