Full-Time

Senior Principal Relationship Management & Business Development

Posted on 2/12/2025

Discover

Discover

10,001+ employees

No salary listed

Senior, Expert

No H1B Sponsorship

London, UK

Applicants must be currently authorized to work in the United Kingdom on a full-time basis.

Category
Business Development
Business & Strategy
Required Skills
Management
Risk Management
Marketing
Requirements
  • Bachelors degree in Business Administration and Management, Finance, Marketing or related
  • Payments, Relationship Management or Marketing experience
  • Technical expertise (i.e.; mobile payments, vehicle commerce, SRC, payment chip technology, IOT emerging technologies) to support digital partners
  • In lieu of degree, Payments, Relationship Management or Marketing experience
Responsibilities
  • Support business development opportunities including, but not limited to, establishing new Issuing, Acquiring, Technology Usage, Network-to Network and Digital Wallet partners across the EMEA region.
  • Responsible for managing business development in one or more countries, regions or industries.
  • Serves as the relationship manager for multiple complex partner relationships.
  • Performs market analyses and business development activities to drive profitable sales volume.
  • Actively manages and escalates risk and customer-impacting issues within the day-to-day role to management.
  • Explore new partnership opportunities that drive acceptance and volume growth.
  • Manage client portfolio to retain and grow existing business by exploring acceptance and volume growth.
  • Drive internal processes including; development of communications, account management, approval requests and contract negotiations, compliance and risk management.
  • Identify new network Partners: Research and profile potential target.
  • Provide business insights to the DFS management based on the learning of the market, culture and the potential organization.
  • Present findings and opportunities to management.
  • Assist in the introduction of the Network Alliance and Wallet partnership concept, Global Card, Digital Payments and D-PAS technologies to potential partners as required.
  • Actively participate in the business development cycle, including internal review, initial pitch and project management.
  • Coordinate efforts among internal business units, including legal, finance, risk and compliance, operations, pricing, product and marketing, etc. to support the business needs.
  • Assist with planning, modeling, and document preparation for client engagement and internal process management.
  • Prepare executive summary and management presentation for internal audience.
  • Actively co-ordinate efforts with the DFS Operations, Risk and Compliance, Product, International Acceptance, Pricing and Marketing teams to support the implementation.
  • Support collaboration between the Client, the DGN project manager and DN/DCI operation team to ensure successful implementation.
  • Support the Partner to launch the program / sign on Issuing and Acquiring Banks where required and assist in provide marketing best practices to the Partner for the program.
  • Act as a liaison between DFS internal teams, the Partner as required to provide client support.
  • Coordinate efforts with International Acceptance, Marketing and Product teams for providing acceptance where required in the top priority markets for the Partner’s product users.
  • Actively participate in workshops, planning sessions and on-going technical and operational meetings.
  • Identify potential risks and issues and communicate through appropriate internal channels in a timely manner to develop mitigation and resolution.
  • Effectively communicate across internal business units and to the DFS management.
  • Keep track of the progress against the plan and provide status update for the management.
Desired Qualifications
  • Extensive business development experience within the Payments industry
  • A solid understanding of client engagement, business negotiation, financial modelling and project management
  • A good knowledge of Card, Mobile and Payments Technologies, International and Domestic Card Schemes; Issuing, Acquiring, Pricing, Operations and Policy
  • Excellent people and communication skills.
  • Ability to carry out tasks and meet the deadlines with minimum supervision. Some project management skills required.
  • A good team player, willing to jump in and support team oriented goals and objectives.
  • Multi-lingual could be an advantage

Company Size

10,001+

Company Stage

IPO

Headquarters

Riverwoods, Illinois

Founded

1985

Simplify Jobs

Simplify's Take

What believers are saying

  • In-car commerce market projected to reach $86 billion by 2025.
  • Click to Pay expansion offers streamlined, secure shopping in multiple countries.
  • Support for Black-owned restaurants boosts brand image and customer loyalty.

What critics are saying

  • Capital One acquisition may cause instability in Discover's corporate strategy.
  • In-car commerce partnership exposes Discover to technological and adoption challenges.
  • Click to Pay expansion increases competition, pressuring Discover to innovate rapidly.

What makes Discover unique

  • Discover's partnership with Car IQ leads in the emerging in-car commerce market.
  • Global expansion of Click to Pay enhances Discover's digital checkout capabilities.
  • $5M initiative for Black-owned restaurants strengthens Discover's community engagement.

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Benefits

Paid Parental Leave

Paid Time Off

401(k) Plan

Medical, Dental, Vision, & Health Savings Account

Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances

Recognition Program

Education Assistance

Commuter Benefits

Family Support Programs

Employee Stock Purchase Plan

Company News

Capital One
Feb 21st, 2024
Capital One to Acquire Discover | Capital One Financial Corp.

Under the terms of the agreement, Discover shareholders will receive 1.0192 Capital One shares for each Discover share, representing a premium of 26.6% based on Discover's closing price of $110.49 on February 16, 2024 . Transaction is 100% stock consideration.

PYMNTS
Nov 19th, 2020
PayPal Customers Can Now Fundraise Up To $20K

PayPal has rolled out new enhancements to its Giving platform as a way to boost crowdfunding and charity donations, a press release says.

PYMNTS
Oct 2nd, 2020
The Rise Of eCommerce And Digital Banking Innovations

Car IQ has teamed with Discover to accelerate automotive banking, and Banking-as-a-Service is making it simpler for companies and FinTechs to manage data.

PYMNTS
Oct 1st, 2020
Today In Retail News: Car IQ Teams With Discover On In-Car Banking; Walmart Unveils New Store Design

In today's top retail news, Car IQ teams with Discover on in-car banking and Walmart unveils a new store design.

PYMNTS
Oct 1st, 2020
Car IQ Teams With Discover To Fast-Track Automotive Banking

By 2025, it is estimated that $86 billion will be spent on in-car commerce. That number assumes that human beings would be the ones giving the commands. But what if humans were removed from the in-car Commerce process – just as they have been removed from the autonomous driving process?

INACTIVE