Capital One
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Capital One Trade Credit - Senior Director of Business Development

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Employer Provided Salary: $267,300-$305,100 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

Center 2 (19050), United States of America, McLean, Virginia
Capital One Trade Credit - Senior Director of Business Development
Capital One Trade Credit presents a proven and uniquely differentiated offering to clients. Capital One Trade Credit helps grow and protect merchants by providing Net 30, Net 60, and Net 90 terms to business buyers with the B2B payment experience they expect. Merchants are paid upfront for transactions, are protected from credit risk, and are able to upgrade to a digital first, tech-enabled customer experience for their buyers. The Company partners with over 1,000+ merchants across the United States, ranging from very small merchants to enterprise clients including Walmart, Wayfair, and Menards. Merchants can offer their business customers an extended terms account that is instantly-decisioned and available for immediate use and one that can be underwritten on the business entity (vs. personal credit). These accounts feature payment terms up to 90 days, credit lines up to and beyond $1M where needed, billing and payment reconciliation tailored to business expectations, and online digital self servicing. Capital One Trade Credit is looking to aggressively grow its business by adding enterprise clients and embedding our offering in strategic distribution partners.
ABOUT THE ROLE:
In this Senior Director, Business Development role, we are seeking a top performing business development executive who is eager to drive growth and refine strategy for the nation's only modern tech trade credit platform that has enterprise scale. This critical position in an exciting and rapidly changing industry has substantial strategic importance to Capital One. This leader will report to the Vice President, Business Development of Capital One Trade Credit. They will partner closely with cross-functional teams including Product, Tech, Credit, and Deal teams. This leader will deftly manage highly strategic and sophisticated sales processes in the pursuit of new enterprise clients with >$1B in annual sales. They will also develop strategic distribution partnerships to embed or integrate our offering with complimentary technology.
KEY RESPONSIBILITIES:

  • Manage initial contact with potential partners, research specific partner and customer needs, and incorporate into partnership pitches
  • Drive the RFP process for new partners across the organization
  • Drive the economic, deal and contract negotiations with potential partners
  • Be an impactful leader of the strategy development by creating a deep understanding of the marketplace, including partnership prospects, competitor offerings, and how Capital One Trade Credit is positioned to win
  • Leverage experience to help develop a tailored pitch strategy. Conceptualize and guide the process to create the presentation materials and engagement strategy of key decision-makers
  • Develop, manage and sustain complex internal relationships


KEY COMPETENCIES:

  • Possess both a business development/sales background that enables driving an engagement and interacting at the executive level, as well as a technical background that enables you to easily interact with product and tech leaders.
  • Proven business development success with sourcing and closing corporate-level clients (+ selling a SaaS model, fintech, or tech platform product a plus)
  • Keenly adept at diagnosing target client needs and insightful on organizational decision- making dynamics
  • Ability to develop deep understanding of our technical and servicing capabilities, including ability to autonomously offer grounded views on if / how we can customize our offering to meet client needs
  • Ability to autonomously lead deal negotiation with C-level clients (term sheet and deal creation, anchoring, pattern of concessions, zone of potential agreement)
  • Analytical reasoning, with strong aptitude for deal economics and sensitivities (+ financial services and credit-related products)
  • Exemplary influencer and networker with an ability to build and drive consensus decision- making
  • Strong communicator and collaborative partner
  • Ability and willingness to travel, as needed, in execution of business development capabilities


BASIC QUALIFICATIONS:

  • Bachelor's degree or military experience
  • At least 7 years of business development, corporate development, or partner acquisition experience in a SaaS model, fintech or tech platform business
  • At least 2 years of experience using Salesforce


PREFERRED QUALIFICATIONS:

  • At least 5 years in Experience with credit-related financial products
  • At least 4 years with executive level leadership in business development, corporate development, or partnerships acquisition
  • At least 3 years People Management experience
  • At least 10 years experience in consulting
  • At least 10 years experience in financial services client development
  • At least 10 years experience in financial services partnership management


At this time, Capital One will not sponsor a new applicant for employment authorization for this position
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
New York City (Hybrid On-Site): $267,300 - $305,100 for Sr. Director, Bus Development
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website . Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected] . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to [email protected]
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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What are Capital One Perks + Benefits

Capital One Benefits Overview

At Capital One, we're committed to ensuring you and your family feel supported and cared for, and we know that your benefits play a large role in that support. Our goal is to provide a comprehensive and competitive set of benefits that offer the flexibility and choice to meet the diverse needs of all associates. We want each of you to Be Well physically, emotionally, and financially.

Culture
Volunteer in local community
Volunteer projects are encouraged and supported by Capital One through both traditional monetary contributions and flexibility to participate in associate-led initiatives.
Partners with nonprofits
Capital One’s philanthropy program provides grants to organizations that support education, financial literacy and community development, including affordable housing and small business development.
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Mean gender pay gap below 10%
Diversity employee resource groups
Business Resource Groups (BRGs) play an important role in attracting world-class talent, developing tomorrow’s leaders, engaging and retaining our diverse workforce and enhancing our workplace.
Hiring practices that promote diversity
Our professional recruiting teams focus on attracting underrepresented talent for our key business roles, including analyst, product, and tech roles across varied tactics and connection points.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Capital One offers two flexible spending accounts (FSAs) – a Health Care FSA and Dependent Care FSA – administered by Anthem.
Disability insurance
Capital One automatically provides full-time associates with Short-Term Disability and Basic Long-Term Disability coverage at no cost. You have the option to purchase Supplemental Long-Term Disability
Dental insurance
Capital One offers coverage through Delta Dental to help you maintain your smile through regular preventive care and treatment for any dental problems that may arise.
Vision insurance
To help you keep life in focus, vision coverage through Anthem Blue View Vision provides benefits for eye exams and vision correction treatment.
Health insurance
Our medical plans provide comprehensive and affordable coverage for a range of health care services and are designed with the ability to be flexible and choose which benefits work for your needs.
Life insurance
We provide full-time and eligible part-time associates with Basic Life, and Accidental Death and Personal Loss (AD&PL) Insurance at no cost.
Wellness programs
Mental health benefits
Capital One's Employee Assistance Program provides a robust set of services including telephonic, virtual and/or face-to-face counseling, legal and financial assistance, ID theft recovery, and more.
Financial & Retirement
401(K)
Through automatic payroll deductions, you may contribute up to 50% of your Annual Benefits Salary (base salary, shift differential, bonuses, commission, incentives and overtime) to your account.
401(K) matching
Capital One will match 100% of the first 3% of Annual Benefits Salary that you contribute, plus 50% of the next 3% of Annual Benefits Salary that you contribute.
Employee stock purchase plan
You can elect to contribute between 1% and 15% of your base salary** to the ASPP and receive a partial match on your contributions from Capital One. **Includes standard pay and any commissions
Charitable contribution matching
Child Care & Parental Leave Benefits
Childcare benefits
The Bright Horizons Care Advantage Program provides alternative child and adult care options during a lapse or breakdown in normal care arrangements.
Generous parental leave
Flexible parental leave options are available to full-time associates at the time of their child’s birth or arrival in their home.
Family medical leave
Adoption Assistance
The Adoption Reimbursement program provides financial support to full-time associates who are building their families through adoption.
Vacation & Time Off Benefits
Generous PTO
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Company-sponsored happy hours
Onsite office parking
Recreational clubs
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Capital One’s perks and benefits are progressive and industry leading. We have always believed in the importance of providing comprehensive and expansive benefits to complement and contribute to our associates’ total compensation package. For example, we were one of the first major companies to offer same-sex marriage benefits back in 1997 and we have since continued to build our benefits portfolio to include a host of other LGBTQ+ friendly offerings, from fertility coverage to reimbursements for associates who chose to build their families through adoption and surrogacy, to domestic partner benefits and health coverage for gender reassignment. In addition, Capital One’s campuses offer fitness facilities, cafés and, at certain locations, onsite health services for associates and their families. Our benefits package is unique as it provides flexibility for you to determine your path to health, wealth and life support.

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