Full-Time

VP – Business Development

Confirmed live in the last 24 hours

Pathward

Pathward

501-1,000 employees

Financial services promoting inclusion and access

Fintech
Financial Services

Compensation Overview

$145.8k - $240.6kAnnually

+ Performance-based incentive

Senior, Expert

United States

Hybrid remote-office company.

Category
Business Development
Business & Strategy
Required Skills
Lead Generation
Marketing
Requirements
  • Bachelor's degree or equivalent education and work experience.
  • Master’s degree preferred.
  • Typically 12+ years related work experience.
  • 10+ years of business development experience
  • 5+ years of high-level success sales leadership.
  • Demonstrated understanding of a variety of Asset Based Lending products including large lending facilities, factoring, and AR only.
  • Experience in a banking environment is a plus.
  • Prefer experience with presenting to C suite buyers.
  • Exceptional relationship management skills and the ability to build and grow connections with a wide network.
  • Able to be adaptable in a fast growth and dynamic environment with the ability to lead teams through change management effectively
  • Adept in sales coaching, mentoring, and development.
Responsibilities
  • Sets performance and business development goals for Pathward’s Direct Lending business and attains goals to drive sustainable net income growth for the division.
  • Drives significant and material new opportunities for Pathward commercial lending capabilities with emphasis on Asset Based Lending, Factoring and AR Facilities.
  • Develops processes to monitor and measure the effectiveness of sales processes within assigned teams in collaboration with Revenue Operations.
  • Works with business development team members to accelerate deal cycles and remove barriers.
  • Develops strategies to cultivate lead generation opportunities.
  • Identifies, evaluates, and conducts follow-up through the business development process to bring deals to completion.
  • Collaborates with members of the CCL leadership team to ensure an excellent client experience across all interactions.
  • Works collaboratively with the Marketing team to develop creative outreach strategies to attract and retain clients.
  • Represents Pathward externally at conferences and payments trade shows to effectively drive business development opportunities to the company.
  • Other duties as assigned.

Pathward promotes financial inclusion for individuals and businesses by offering a variety of financial services. Operating in the fintech sector, it uses technology to enhance financial solutions. Pathward provides services such as Banking as a Service (BaaS), payment processing, credit solutions, tax solutions, and commercial finance options, catering to small and medium-sized businesses and individuals lacking access to traditional banking. Unlike many competitors, Pathward focuses on a purpose-driven approach, helping clients navigate their financial journeys despite economic challenges. The company generates revenue through fees, interest, and service charges from its tailored financial services, including working capital loans and insurance premium finance. Pathward's goal is to empower clients to achieve financial stability and growth.

Company Stage

IPO

Total Funding

N/A

Headquarters

Sioux Falls, South Dakota

Founded

1954

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Pathward's recent Great Place To Work certification indicates a positive workplace culture, which can attract top talent and improve employee retention.
  • The expansion of Pathward's product suite for financial institutions can drive growth by offering enhanced services to small and midsized banks and credit unions.
  • Strategic partnerships, such as with TabaPay for faster money movement solutions, enhance Pathward's service offerings and market reach.

What critics are saying

  • The highly competitive fintech market requires continuous innovation and differentiation to maintain market share.
  • Macroeconomic factors like inflation and potential economic downturns could impact Pathward's revenue and growth prospects.

What makes Pathward unique

  • Pathward's focus on financial inclusion sets it apart in the fintech sector, targeting underserved individuals and businesses who lack access to traditional banking services.
  • The company's comprehensive suite of financial solutions, including Banking as a Service, payment processing, and commercial finance, offers a one-stop-shop for clients, reducing the need for multiple third-party services.
  • Pathward's commitment to purpose-driven financial empowerment and its ability to adapt to changing economic conditions provide a unique value proposition in a highly competitive market.

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