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iwocaIW

Senior Business Development Manager

iwoca is a leading fintech company providing quick, flexible loans to small businesses in the UK and Germany, revolutionizing the funding landscape for SMEs.

iwoca

Employee count: 201-500

Salary: 49k-55k GBP

United Kingdom only

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The company

Small businesses move fast. Opportunities often don’t wait, and cash flow pressures can appear overnight. To keep going, and growing, SMEs need finance that’s as flexible and responsive as they are.

That's why we built iwoca. Our smart technology, data science and five-star customer service ensures business owners can act with the speed, confidence and control they need, exactly when it's needed.

We’ve already cleared the way for 100,000 businesses with more than £4 billion in funding. Our passionate team is driven to help even more SMEs succeed, through access to better finance and other services that make running a business easier. Our ultimate mission is to support one million SMEs in their defining moments, creating lasting impact for the communities and economies they drive.

We’re looking for a Senior Business Development Manager in iwocaPay

We are seeking an experienced, strategic, and results-driven person to join our team. Building on the core BDM responsibilities of identifying, engaging, and onboarding mid market UK B2B suppliers. The Senior BDM operates at an elevated level - driving strategic direction, mentoring junior team members, and shaping the overall sales function. The ideal candidate will have a proven track record in senior-level business development, deep expertise in the e-commerce and fintech landscape, and the ability to lead from the front.

The team

iwocaPay works with sellers to offer innovative Trade Credit and BNPL solutions for business customers. Those merchants are essential to our success as we need them to offer iwocaPay to their customers who in turn use us to spread the cost of their purchase.

The role

  • Seller Acquisition & Strategy: Lead and evolve the approach to identifying and prospecting mid market UK B2B suppliers

  • Relationship Building: Build and maintain strong, senior-level relationships with key stakeholders in e-commerce businesses, including Managing Directors, and C-suite contacts, by creating urgency and trust.

  • Consultative Selling: Speak with skill, passion, and effectiveness across different buyer personas, frequently adapting the pitch to demonstrate a genuine understanding of prospects’ needs, including complex or uncertain scenarios.

  • Onboarding and Support: Guide sellers through the onboarding process with precision and adaptability, ensuring a smooth integration with iwocaPay. Facilitate seamless handoffs from sales to key account managers, so sellers progress through launch activities and activate without friction or delays.

  • MEDDIC Framework: Demonstrate a strong grasp of the MEDDIC framework, consistently applying it to inform decisions on prospect engagement and coaching the team on how to better leverage the method.

  • Team Development: Participate in and host sales call listening sessions to help train and develop junior team members. Lead from the front in identifying operational gaps and assembling the appropriate training resources and solutions.

The requirements

  • At least 3-5 years in sales roles (ideally in the fintech space), selling complex products and services to senior stakeholders

  • Have the ability to multi-thread effectively - building deep product knowledge across multiple buying personas and navigating complex organisational structures to engage the right stakeholders at the right time

  • Be comfortable working within a defined ICP framework - able to quickly qualify and prioritise the right opportunities, ensuring time and energy is focused on accounts most likely to convert and deliver long term value

  • Demonstrate a strong track record of not only meeting, but consistently exceeding KPIs and inspiring the wider team to do the same

  • Demonstrates curiosity to use and learn more about AI tools. You'll already be comfortable using AI tools in practical ways - for example, researching prospects, drafting communications, or synthesising market information - showing good judgement about when to use them and the ability to explain the reasoning behind that use.

  • Be smart, perceptive, nimble, and proactive - you pay attention to detail and always start with the question "Why?"

  • Be humble - willing to help others, a team player, responsible, and critical of yourself, not just others

  • Be motivated, enthusiastic, and highly committed, with an entrepreneurial spirit that thrives in a dynamic, ever-changing environment

  • Be resilient - you stand tall even in the toughest times

  • Have a growth mindset - you strive for continuous improvement and always push yourself and your team to be better

The salary

We expect to pay from £49,000—£55,000 + monthly performance related bonus for this role. But, we’re open-minded, so definitely include your salary goals with your application. We routinely benchmark salaries against market rates, and run quarterly performance and salary reviews.

The culture

At iwoca, the best idea wins. We model our culture on independent thinking, challenging untested logic, and evidence-based decisions. We prioritise learning and growth, and give people the autonomy to develop in the direction that makes them most effective.

We're a tech company and believe in the power of AI to help us work faster and better. We provide the infrastructure where every iwocan always has access to the best models and where those models have access to all of our data. We will help our people to learn how to use and grow with the new tools available to them.

The offices

We put a lot of effort into making iwoca a great place to work:

  • Offices in London, Leeds, Berlin, and Frankfurt with plenty of drinks and snacks.

  • Events and community-led groups, including running groups, padel, and monthly ping-pong and pool competitions.

The benefits

  • Flexible working hours.

  • Medical insurance from Vitality, including discounted gym membership.

  • A private GP service (separate from Vitality) for you, your partner, and your dependents.

  • 25 days’ holiday per year, an extra day off for your birthday, the option to buy or sell an additional five days of annual leave, and unlimited unpaid leave.

  • A one-month, fully paid sabbatical after four years.

  • Instant access to external counselling and therapy sessions for team members that need emotional or mental health support.

  • 3% Pension contributions on total earnings.

  • An employee equity incentive scheme.

  • Generous parental leave and a nursery tax benefit scheme to help you save money.

  • Electric car scheme and cycle to work scheme.

  • Two company retreats a year: we’ve been to France, Italy, Spain, and further afield.

And to make sure we all keep learning, we offer:

  • A learning and development budget for everyone.

  • Company-wide talks with internal and external speakers.

  • Access to learning platforms like Treehouse.

Useful links:

  • iwoca benefits & policies

Compensation Range: £49K - £55K

About the job

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Job type

Full Time

Experience level

Salary

Salary: 49k-55k GBP

Location requirements

Hiring timezones

United Kingdom +/- 0 hours

About iwoca

Learn more about iwoca and their company culture.

View company profile

iwoca was founded in 2011 with the ambition to reshape the way small businesses access finance. Today, iwoca is recognized as one of the leading fintech companies, devoted to empowering small enterprises across the UK and Germany. Our mission is to provide a more straightforward, flexible, and efficient path to funding. From our inception, we aimed at eliminating the common complications found in traditional banking processes, offering an alternative that prioritizes speed and accessibility.

With iwoca, businesses can secure loans ranging from £1,000 to £500,000, allowing them to invest in growth, manage cash flow, or purchase new stock. Our decision-making process is streamlined, with approvals often delivered within 24 hours, leveraging advanced technology and data analytics to analyze a company’s financial health without the cumbersome paperwork associated with banks. This innovation not only enhances the customer experience but also encourages financial inclusivity, ensuring a diverse range of businesses can benefit from our services. In our journey to assist over 150,000 businesses, we’ve become a trusted partner in their growth stories, continually improving our offerings and expanding our reach to help achieve the goal of funding one million small businesses by 2025.

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