Coastal Community Bank
COMMUNITY. It's not just our middle name. It's how we do business.
Head of Business Development
Business Development RepBusiness Development RepFull TimeRemoteTeam 201-500Since 1997H1B No SponsorCompany SiteLinkedIn
Location
United States
Posted
58 days ago
Salary
$210.6K - $280K / year
Bachelor Degree10 yrs expEnglish
Job Description
• Identify market opportunities in fintech, neobanking, payments, lending platforms, enterprise SaaS, and marketplace ecosystems.
• Own market mapping, segmentation, and competitive analysis to position Coastal as a leading compliant BaaS sponsor bank.
• Represent Coastal at industry events, conferences, and in executive-level partner meetings.
• Source, evaluate, and prioritize prospective fintech and platform partners aligned with Coastal's risk, compliance, and operational standards.
• Lead end-to-end deal execution: pipeline management, due diligence, business case development, pricing, negotiations, and structuring of commercial agreements.
• Oversee deal desk operations, ensuring consistent pricing frameworks, financial modeling, risk-adjusted returns, and contract structures across all BaaS partner opportunities.
• Collaborate closely with Compliance, Risk, Legal, and Product in evaluating new use cases and business models.
• Act as a senior liaison between business development and internal stakeholders to guarantee seamless underwriting and onboarding.
• Build and lead a high-performing business development team, including partner acquisition, relationship management, and strategic partnerships.
• Establish performance metrics, forecasting practices, and reporting dashboards.
• Collaborate with Product and Operations to influence BaaS product roadmap based on partner demand and market insights.
• Oversee transition of signed partners to relationship management for launch and scaling.
Job Requirements
- Proven track record building and scaling business development or partnerships teams in a regulated financial environment.
- Excellent communication, negotiation, and relationship-building abilities.
- Proven success in driving revenue growth and closing complex deals.
- Deep understanding of fintech trends, digital payments, blockchain, lending platforms, and/or financial services.
- Ability to thrive in a fast-paced, dynamic environment with evolving priorities.
- Analytical mindset with strong problem-solving skills and business acumen.
- 10+ years of experience in fintech, embedded finance, payments, sponsor banking, or financial services partnerships.
- Strong understanding of BaaS models, including onboarding/KYC/KYB, card issuing, money movement, compliance frameworks, and risk controls.
- Experience sourcing, evaluating, and negotiating complex commercial agreements with fintech or platform partners.
- Skilled in financial and deal modeling, market analysis, and revenue forecasting.
- Demonstrated leadership experience managing teams and developing talent.
- Excellent executive-level communication, relationship building, and negotiation skills.
- MBA or advanced degree helpful but not required.
Benefits
- Medical Coverage: Choose from three competitive medical plans to find the coverage that best fits your needs and lifestyle.
- Health Savings Account (HSA): Available with eligible medical plans, offering tax advantages and employer contributions.
- Flexible Spending Accounts (FSA): Options for healthcare and dependent care expenses to help you save on out-of-pocket costs.
- Dental and Vision Insurance: Plans to keep you and your family smiling and seeing clearly.
- Life Insurance: Company-paid basic life insurance with options to purchase additional coverage for yourself and your dependents.
- Long-Term /Short-Term Disability (LTD): Income protection in the event of a long-term illness or injury.
- Supplemental Benefits: Including Hospital Indemnity, Accident Insurance, and Critical Illness coverage to provide extra financial support when you need it most.
- 401(k) Retirement Plan: A competitive retirement savings plan with company matching to help you plan for the future.
- Paid Time Off: Generous vacation and sick leave policies to support your time away from work.
- Holidays: Enjoy 11 paid holidays throughout the year.
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