The BDE is responsible for driving new revenue, strategic growth, and market penetration by focusing on both immediate deal closures and long-term pipeline development.
Market Strategy & Prospecting:
Research and identify high-potential target markets, industry trends, and strategic account opportunities, building a robust pipeline of qualified leads.
Deal Negotiation and Closure:
Lead the entire sales cycle, from initial contact and solution presentation to complex contract negotiation and final deal closure, ensuring alignment with financial targets.
Strategic Partnership Management:
Initiate, evaluate, and structure strategic alliances, channel partnerships, and joint ventures with complementary businesses to expand market reach and product offering.
Cross-Functional Collaboration:
Serve as the primary liaison between potential clients and internal teams (e.g., Product, Legal, Finance) to ensure proposed solutions are feasible, profitable, and delivered to specification.
2. REQUIREMENTS: Essential Skills and Qualifications
This section outlines the non-negotiable and preferred qualifications for a successful BDE.
Essential:
Formal Education:
Bachelor's degree in Business Administration, Marketing, Finance, or a related field.
Experience:
Proven track record (minimum 5 years) in B2B sales, key account management, or business development with documented achievement of exceeding quotas. Preferred with some experience in Government setting as part of competencies development.
Core Competencies:
Exceptional negotiation, presentation, and complex problem-solving skills.
Availability:
Willingness to travel frequently (up to 50%) for client meetings, conferences, and strategic events.
Preferred:
Advanced Certification:
MBA or specialized certifications
Industry Expertise:
Prior experience selling complex solutions within a target industry (e.g., SaaS, FinTech, Healthcare).
Technical Proficiency:
Mastery of CRM software (e.g., Salesforce, HubSpot) and strong data analysis skills for forecasting and performance reporting.
3. WORKING HOURS: High-Performance Schedule
The BDE role demands flexibility and a results-driven approach, often requiring work outside of standard hours to accommodate global clients and deadlines.
Work Week:
Flexible 5-day schedule, often requiring more than 40 hours per week based on business needs.
Schedule Format:
Task-driven focus, prioritizing client demands and deal milestones over fixed shifts.
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Focus (AM):
Internal strategy, team meetings, pipeline review, and market research.
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Focus (PM/Evening):
External client engagement, proposal presentations, and international calls across different time zones.
Note:
Work includes non-standard hours and is highly variable based on quarterly and annual closing cycles.
4. CAREER PROGRESSION AND ADDITIONAL BENEFITS
This outlines the high-value compensation structure and clear advancement path typical of a successful BDE role.
Professional Development:
Structured access to executive coaching, specialized sales training, and tuition reimbursement for advanced degrees or certifications.
Clear Progression Path:
Defined path for advancement to Manager of Business Development based on sustained performance and portfolio growth.
Performance Compensation:
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Base Salary:
Competitive monthly base salary.
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Incentives:
Aggressive, uncapped commission structure directly tied to achieved revenue targets (On-Target Earnings, or OTE).
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Benefits:
Health and dental package
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Bonus Structure:
Eligibility for annual performance bonuses (e.g., AWS equivalent) based on company-wide financial success.
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