Director, Business Development - ODX

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At ODX, we make small business a big deal. We’re improving the world’s economic landscape by changing the way small businesses access capital. We care intensely about each other, our company and the customers we serve, and are committed to making every day count.

ODX’s next frontier is to build the next generation platform to enable the expansion of our technology to more clients and to introduce innovative and modern technologies. We want you to be a part of that. Our objective is to continue to revolutionize small business lending and enable financial institutions to better serve their customers by accelerating the process in a digital manner, leveraging advanced automation tools, artificial intelligence, and machine learning.

The Partnerships team at ODX works with leading global financial institutions to transform how they lend to small businesses. Our team has a purpose-driven impact in helping fuel large scale small business growth, the backbone of the economy, through our banking and financial services partners. We develop and implement the next generation platform while collaborating in an innovative startup environment with the support of an established profitable business and client base.

What can you expect? In this role you’ll be responsible for business development at all stages of the pipeline; core responsibilities include pitching (all stages), authoring business cases and responding to request for proposals (RFPs), developing client pricing models and deal structures, and designing products and service models to meet client needs (cross functional). The key challenge is to understand how prospective clients’ needs map against our platform capabilities and then design offering and deal structure that work for both parties. You’ll be spending a lot of time engaging with prospective clients, both in-person (travelling) and on the phone. This role sits on our partnerships team and will be a key contributor to bolstering our standing as the leading provider of digital solutions to banks.

You will be:

  • Prospecting and pitching new clients – work alongside ODX’s head of business development and president to target, engage, and pitch prospective clients.
  • Designing platform programs – once clients is interested, work with the client’s business and product team leaders to tailor the offering to client needs within the ODX offering framework.
  • Structuring and negotiating deals – structure and negotiate based upon the agreed-upon program design, ensuring that all parties are properly compensated for their levels of commitment and risk.
  • Scoping requirements with cross-functional teams – collaborate with engineers, product managers, and analytics personnel to design program requirements.
  • Designing and executing statements of work (SOW) – author and negotiate the SOW, which encapsulates the entirety of the technology being built and the services being provided to the client.
  • Managing the client through the signing process– wear multiple hats on different days. Hats will encompass business development, product strategy, marketing manager, UX/UI design oversight and FP&A.

Are you right for this role? We’re looking for an A player who thrives in driving initiatives in a flat organization like ODX but also enjoys driving work in a large-scale, complex banking environment. In other words, you should be able to translate complex issues into creative solutions. You absolutely need to be open to wearing multiple hats and transitioning between job functions to fill gaps as needed. You will be respected by peers and develop and maintain superior client relationships. You must be ready to get in the weeds with product and technology in both innovative and legacy tech environments. Finally, you must be passionate about small business lending technology!

Nice-to-haves (not required):

  • Skills in SQL, Tableau or other data management or visualization software
  • Having a key role in agile software development/scrum team
  • Financial modelling skills
  • Experience marketing a product targeted to small business owners; marketing campaigns at various stages of the funnel from acquisition through retention and renewals
  • Experience in financial services industry and/or core banking platforms is a plus

About OnDeck: 

As the largest online small business lender in the U.S. serving more than 700 different industries, we have been trusted by over 80,000 small businesses by providing them with a term loan or line of credit to help them build growing and thriving enterprises. Since 2007, we’ve issued over $10 billion in capital. 

Join us as we enable small businesses to achieve their goals. At OnDeck, we’re reinventing small business financing. We care intensely about each other, our company and the customers we serve, and are committed to making every day count. We are small enough to be nimble and strong enough to make a big impact. 


OnDeck believes that each and every team member plays an important role in our company’s success. That’s why we strive to provide you and your family with a competitive and comprehensive benefit program with a variety of options and opportunities. We offer: 

  • Generous Vacation
  • Comprehensive Healthcare
  • Educational Reimbursement
  • 401k Matching
  • Parental Leave
  • Sports Teams
  • Stocked Kitchens
  • Loan Consolidation

We are going to ask you to talk about your accomplishments. Here are some of ours: 

  • WorldatWork, 2017 Seal of Distinction
  • Fortune 50 Best Workplaces for Diversity, 2016
  • Fortune 50 Best Small and Medium Companies to Work For, 2016
  • Fortune 30 Best Workplaces in Finance and Insurance, 2016
  • Built in Colorado, Top 100 Digital Companies in Colorado, 2015, 2016, 2017
  • Crain’s New York Business Fast 50, 2013, 2014, 2015, 2016, 2017
  • Fortune and Great Place to Work 100 Best Workplaces for Millennials, 2015
  • Fortune/Great Place To Work Great Rated! People’s Picks: 20 Great Workplaces in Financial Services, 2015
  • Crain’s New York Best Places to Work, 2013, 2014, 2015
  • Colorado SHRM Best Companies to Work For in Colorado, 2015
  • Forbes’ America’s Most Promising Companies, 2013, 2014
  • Selling Power Magazine Best Company to Sell For, 2013, 2014, 2015, 2016, 2017
  • 500|5000, 2013, 2014

As part of our dedication to maintaining an inclusive and diverse workforce, OnDeck provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, OnDeck complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

OnDeck expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of OnDeck’s employees to perform their job duties may result in discipline up to and including discharge.

 *No external recruiters or agents, please.**

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • ConfluenceManagement
    • JIRAManagement
    • WordpressCMS
    • SalesforceCRM

Location

A short walk from the Empire State Building and Times Square, our office is located amid the bustle of midtown Manhattan.

An Insider's view of Enova

What’s the vibe like in the office?

OnDeck’s offices have a distinct vibe creating a unique culture that drives passion and individuality. There is empowering messaging throughout the office on each of our floors, designed by our very own Marketing team, through GIANT wall decals and framed posters with a focus on success highlighting team members.

Manny

Manager, Strategic Partnerships Sales

How do you collaborate with other teams in the company?

Communication is key when collaborating cross functionally. My team works very closely with sales and we have multiple methods of communication. This includes monthly email reports and high level check ins in addition to the day-to-day interactions that take place at an agent level. Our location in the office also allows for easy interactions.

Chris

Manager – TLP Program

What are Enova Perks + Benefits

Enova Benefits Overview

Enova believes that each and every team member plays an important role in our company’s success. That’s why we strive to provide you and your family with a competitive and comprehensive benefit program with a variety of options and opportunities.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
Pair programming
Open office floor plan
Flexible work schedule
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Employees have the option to set aside pre-tax dollars to pay for eligible Medical, Dental and Vision expenses as well as eligible child care expenses.
Disability insurance
Our short-term plan provides a level of continued income in the event you become disabled and cannot work. Should your disability extend past 26 weeks, LTD kicks in at 60% of base monthly earnings.
Dental insurance
Employees can choose from two dental plans including one that is offered at no cost for employee only coverage.
Vision insurance
Our Vision plan provides affordable eye care and discounts to cover routine eye exams, prescription eyeglasses or contact lenses.
Health insurance
We offer employees flexibility to choose from several comprehensive medical plans.
Life insurance
Our basic life insurance plan is a core benefit provided by the company at no cost to you. You can purchase additional life insurance for yourself, spouse or domestic partner and eligible dependents.
Pet insurance
You have the option to elect pet insurance which includes coverage for veterinary expenses related to accident and illnesses.
Wellness programs
Mental health benefits
Financial & Retirement
401(K)
Our 401(k) plan provides you with an opportunity to invest in your future with the option of contributing pre-tax into your retirement account.
401(K) matching
We currently match 50% up to the first 6% of your deferrals.
Performance bonus
Annual incentives also referred to as bonuses are based on achievement of personal and company performance targets.
Charitable contribution matching
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
Family medical leave
Return-to-work program post parental leave
Company sponsored family events
Vacation & Time Off Benefits
Paid volunteer time
If team members volunteer during the work day, they are paid for their time.
Sabbatical
Paid holidays
Paid sick days
Office Perks
Commuter benefits
The commuter benefits plan provides you with the opportunity to pay for your commuting costs (mass transit and parking) with pre-tax dollars (up to the IRS maximums).
Company-sponsored outings
Free snacks and drinks
Variety of healthy and delicious snacks including yogurt, cereal, nuts, oatmeal...as well as drinks and coffee.
Some meals provided
Company-sponsored happy hours
Bi-weekly social hour in each office, alternating breakfast and evening to accommodate different team member lifestyles.
Onsite office parking
Fitness stipend
Home-office stipend for remote employees
Onsite gym
Professional Development Benefits
Job training & conferences
Each department gets a set budget every year to send their own team members to job training and conferences relevant to their job and development.
Tuition reimbursement
Team members are eligible to apply for tuition reimbursement for various career and professional development opportunities.
Lunch and learns
We host lunch and learn meetings on occasion.
Promote from within
Mentorship program
Continuing education stipend
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Sabbatical program • Recognition programs • On-site discounted manicures, haircuts and massages • After-hours food delivery and commuting reimbursement • Monthly social events • Discounted gym memberships • Pet insurance

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