Full-Time

VP – Business Development

Confirmed live in the last 24 hours

Nium

Nium

1,001-5,000 employees

Global platform for real-time payments

Fintech
Financial Services

Compensation Overview

$180k - $220kAnnually

Senior

San Francisco, CA, USA

Hybrid working environment requires 3 days per week in the office.

Category
Business Development
Business & Strategy
Required Skills
Data Analysis
Requirements
  • 5+ years proven track record in cross border payments business development.
  • Demonstrate entrepreneurial and strategic mindset, commercially focused and pragmatic, able to identify opportunities and propose solutions.
  • Identify, secure, and manage relationships with clients across the USA and Canada, effectively negotiating and persuading prospects.
  • Ability to understand and tailor approach to individual customers with empathy, effectively playing the role of problem-solver for the customer.
  • Effectively navigate the respective financial and Fintech regulatory environment.
  • Data driven and analytical mindset.
  • Results-oriented, client focused and obsessed with simultaneously delivering value.
  • Self-motivated, adept in working individually and as part of a global team.
Responsibilities
  • Embrace an entrepreneurial mindset and the highest degree effectiveness while engaging in sales management, relationship management and account management across the various domains the have our presence such as banking, financial services, credit card processing, e-commerce, or payments.
  • Identify, secure, and manage relationships with clients across the region, effectively negotiating and persuading potential clients the value that Nium can add to their business.
  • Have a constant drive to go beyond past performance and visibly demonstrate track record beating performance when it comes achieving financial targets via cross-selling and upselling, and ability to generate sales leads, effectively negotiate, and close transactions.
  • Work into and effectively navigate the respective financial and fintech regulatory environment.
  • Generate revenue from clients, and achieve pre-agreed targets on customer flows, revenues and profitability.
  • Calm and conscientiously manage high pressure situations across a range of clients with differing business needs and operating environment across the region.
  • Demonstrate business development and consultative selling skills with results-orientation to meet/exceed assigned financial and customer satisfaction goals.
  • Pro-actively scout for opportunities in the marketplace through direct contact as well as partners. The job will involve building relationships with key players in banks, financial firms, marketplaces, ecommerce providers and others to generate qualified opportunities, mapping the account, influencing key decision makers, convincing the client about value proposition and closing the deal.

Nium specializes in real-time payments, allowing businesses to send and receive funds instantly and manage foreign exchange transactions. Its platform is designed for banks, fintech companies, and money service businesses that require efficient cross-border money movement. Nium differentiates itself by offering competitive foreign exchange rates, direct debit options, and solutions for corporate purchasing and supplier payments, which help businesses streamline operations and enhance profitability. The platform operates through a proprietary API, enabling easy integration of Nium's services into existing systems. The company's goal is to facilitate global money movement while charging fees for its services, including payment processing and fraud prevention.

Company Stage

Series E

Total Funding

$305.4M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Nium's partnership with Ecobank expands its reach to 35 African markets.
  • Integration with Kinexys by J.P. Morgan reduces payment errors and fraud in Asia.
  • Collaboration with Partior enhances cross-border payment capabilities without additional API integration.

What critics are saying

  • Increased competition from emerging fintech companies may erode Nium's market share.
  • Regulatory scrutiny on cross-border payments could increase compliance costs for Nium.
  • Currency volatility in emerging markets poses risks to Nium's foreign exchange services.

What makes Nium unique

  • Nium offers real-time payments and foreign exchange management for global businesses.
  • The company provides a proprietary API for seamless integration with business systems.
  • Nium's partnership with Diners Club enhances its travel payment solutions across major card schemes.

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Benefits

Health Insurance

Hybrid Work Options

Paid Vacation

Performance Bonus

Stock Options

Professional Development Budget

Mental Health Support