Business Development Representative
Business Development Representative
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Job Description
About Upstart
Upstart is the leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstarts AI marketplace Upstartpowered banks and credit unions can have higher approval rates and lower loss rates across races ages and genders while simultaneously delivering the exceptional digitalfirst lending experience their customers demand. More than 80 of borrowers are approved instantly with zero documentation to upload.
Upstart is a digitalfirst company which means that most Upstarters live and work anywhere in the United States. However we also have offices in San Mateo California; Columbus Ohio; and Austin Texas.
Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart wed love to hear from you!
The Team:
The Lending Partnerships Business Development team seeks out new opportunities to reach consumer banks & credit unions in an effort to grow our business. Were an analytical ambitious team that brings a unique proposition to the industry and provides support in a number of ways to help hit sales pipeline targets. Alongside our Lending Partnerships team they enable Upstart to continue to grow our strategic lending partnerships. As a Business Development Representative at Upstart you will be responsible for developing leads and building the sales pipeline in partnership with the marketing and sales teams while pioneering a new market segment within the consumer banking market. You are someone who has good sales acumen is wellorganized and structured in your efforts and can effectively write to and engage with senior bank executives.
This is a great opportunity for candidates who want to work in a fastpaced environment make a big impact and win as a team to scale a growing business.
Position Location This role is available in the following locations: Remote
Travel Requirements This team has regular onsite collaboration sessions. These occur quarterly at the San Mateo or Columbus office. If you need to travel to make these meetups Upstart will cover all travel related expenses.
How youll make an impact:
- Accountbased sales development: Research prospect and qualify named target accounts using a strategic focused approach that values quality over quantity
- Account research: Research target companies and identify key decision makers to better tailor lead followup and outreach.
- 1:1 sales prospecting: Deliver compelling personalized messages and offers to key personas such as the CEO head of consumer banks/credit unions and head of consumer lending to secure first meetings.
- Inbound lead followup: In partnership with demand generation marketing followup with qualified leads generated from the website and marketing campaigns in a timely manner.
- Sales partnership: Coordinate with sales representatives to align on target accounts handoff leads share prospect insights and prepare for first meetings.
- Marketing support: Represent Upstart at conferences and virtual events to engage and qualify prospective customers.
- Market insights: Provide voice of customer feedback and competitive insights to sales marketing and product teams to improve the offering and gotomarket strategy.
What were looking for:
Minimum qualifications:
- A bachelors degree in business or a related field is preferred
- At least 1 year of enterprise software / SaaS B2B sales development experience including cold calling and email outreach;
- A track record of measurable success in growing sales pipeline through a targeted accountbased outbound approach
- Strong communication analytical and listening skills with a positive and energetic phone presence
- Strong workethic with a strong sense of ownership accountability and a desire to continually improve.
Preferred qualifications:
- Experience selling and marketing to the financial services and banking industry is a plus
- Exceptional writing skills and verbal communication skills to engage prospective customers
- Strong organizational and time management skills to prioritize daily and weekly activities specifically following up with leads in a structured manner
- Natural teamwork skills to collaborate with marketing and sales colleagues
- Passion for having an impact on demand generation and sales growth
- Familiarity with sales development tools such as Outreach Connectandsell Zoominfo and Sendoso
#LIAssociate
At Upstart your base pay is one part of your total compensation package. The anticipated base salary for this position is expected to be within the below range. Your actual base pay will depend on your geographic locationwith our digital first philosophy Upstart uses compensation regions that vary depending on location. Individual pay is also determined by jobrelated skills experience and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
In addition Upstart provides employees with target bonuses equity compensation and generous benefits packages (including medical dental vision and 401k).
Upstart is a proud Equal Opportunity Employer. We are dedicated to ensuring that underrepresented classes receive better access to affordable credit and are just as committed to embracing diversity and inclusion in our hiring practices. We celebrate all cultures backgrounds perspectives and experiences and know that we can only become better together.
If you require reasonable accommodation in completing an application interviewing completing any preemployment testing or otherwise participating in the employee selection process please email
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