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Director, Business Development - Varo Money

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Job Title
Director, Business Development
Job Location
San Francisco, CA
Job Description
Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured and designed for the way our customers live their lives. A bank for all of us.

At Varo, we have a lot of passionate and dedicated customers. The cashback and engagement organization is looking to deepen customer engagement and find opportunities, products, and value props that bring unique value to our customers. Business Development will be an essential area of growth for Varo.

We are looking for a Director of Business Development to report to the GM of Cashback and Engagement. You will be responsible for the entire end-to-end process of BD. You will be looking for strategic partners throughout the greater banking/fintech ecosystem that will allow Varo to combine features with other companies to give our customers access to unique, one-of-a-kind products, features, and/or capabilities that drive financial impact for Varo. This includes developing business models to evaluate deals, understanding the potential landscape of companies, vetting companies, negotiating deals, managing contracts, and managing implementation. You will have high visibility with the executive team and will be working closely with cross-functional partners such as legal, product, marketing, compliance, etc.
What you’ll be doing
  • Develop the playbook for how Varo will identify, evaluate, negotiate, and implement deals
  • Develop the optimal strategy and prioritization to grow our business
  • Operationalize the execution of BD deals and implementation to consistently deliver beyond expectations
  • Source and close complex, one-of-a-kind deals that will create unique products and experiences that our customers can’t find elsewhere
  • Collaborate internally and externally for solutions that will help Varo grow their businesses
  • Identify new lines of business in deals with third parties
  • Work with engineering to understand how we will build and execute implementations
  • Build and craft consensus on new business cases and go-to-market strategies
  • You’ll bring the following required skills and experiences
  • 10+ years of experience in business development or commercial strategy
  • Experience leading high-stakes, analysis-driven negotiations, and executing/implementing large-scale deals
  • Track record of sourcing, negotiating, and implementing large multi-billion dollar companies
  • Advanced analytical and quantitative skills, including proficiency with financial models
  • Experience and track record of product roadmap definition and ability to lead a deep technical integration of a new deal to provide unique, one-of-a-kind customer value propositions
  • Strong verbal and written communication skills
  • Demonstrated ability to thrive in ambiguous and fast-paced environments
  • Demonstrated excellence in customer insight, critical thinking, and product innovation
  • Lives and breathes the customer-first mindset and puts the customer at the head of the roadmap and decision-making
  • Proficient with SQL
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    Varo Money Headquarters Location

    San Francisco, CA

    View on map

    Varo Money Company Size

    Between 500 - 1,000 employees

    Varo Money Founded Year

    2015

    Varo Money Total Amount Raised

    $1,071,382,336

    Varo Money Funding Rounds

    View funding details
    • Series G

      $28,982,355 USD

    • Series Unknown

      $50,000,000 USD

    • Series E

      $510,000,000 USD

    • Corporate Round

      $63,000,000 USD

    • Series D

      $241,000,000 USD

    • Series C

      $100,000,000 USD

    • Series B

      $45,000,000 USD

    • Debt Financing

      $5,000,000 USD

    • Series A

      $28,400,000 USD