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ModernFi

Advisory funding allocations to FDIC-member banks

Business Development Representative

Sales Development RepresentativeConfirmed live in the last 24 hours
Full-timeNew York, NY, USA

About the Job

Requirements

  • Have 1–3 years of experience in business development, inside sales, or sales development; experience in fintech, SaaS, or financial services is preferred.
  • Be comfortable making cold calls and engaging senior executives in financial institutions.
  • Have strong organizational skills and the ability to manage multiple outreach sequences simultaneously.
  • Demonstrate resilience and persistence in building relationships and overcoming objections.
  • Have verbal and written communication skills to craft compelling outreach messages.
  • Be eager to learn, receptive to feedback, and motivated to grow into a future sales or partnerships role.
  • Thrive in a fast-paced, high-growth environment with a high degree of autonomy.

Responsibilities

  • Proactively generate top-of-funnel opportunities through cold calling, emailing, LinkedIn outreach, and other prospecting methods.
  • Research and identify target banks and credit unions that align with ModernFi’s solutions.
  • Qualify inbound and outbound leads, ensuring high-quality opportunities are passed to Account Executives.
  • Collaborate with Account Executives to support the sales cycle and drive revenue growth.
  • Maintain clean and accurate records in CRM systems, tracking pipeline activity and outreach metrics.
  • Experiment with messaging and outreach strategies to maximize engagement with prospective clients.
  • Consistently meet or exceed weekly and monthly activity metrics for qualified opportunities created and revenue generated.

Desired Qualifications

  • Experience in fintech, SaaS, or financial services.

About the Company

ModernFi

Advisory funding allocations to FDIC-member banks

ModernFi helps banks and financial institutions manage funding and balance sheets. It provides advisory services and allocates funds to FDIC-member banks, guiding funding markets and asset-liability management. The process involves offering insights, controls, processes, monitoring, and educational materials to help clients conduct due diligence and manage third-party risks, while charging consulting, management, and performance-based fees. ModernFi is not a bank and does not offer deposits; instead, it works with FDIC-insured banks to support their funding needs. The company differentiates itself by focusing on specialized funding-market strategies for institutional clients and by combining advisory services with fund allocation to optimize balance sheets and regulatory compliance. Its goal is to simplify complex funding and ALM topics for banks, helping them improve financial health while managing risk.

Company size
51-200
Company stage
Series B
Total funding
$62.8M
Headquarters
New York City, New York
Founded
2022

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