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Vice President Business Development
IBEX Global Washington, DC
$174k-240k (estimate)
Full Time 4 Weeks Ago
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IBEX Global is Hiring a Vice President Business Development Near Washington, DC

Overview

We are seeking a dynamic and results-driven Vice President of Business Development with expertise in cultivating new business opportunities within our existing customer base. The ideal candidate will have a proven track record of driving revenue growth through strategic relationship building, effective communication, and a deep understanding of customer needs. As the VP of Business Development, you will play a pivotal role in expanding our market presence, maximizing customer lifetime value, and driving sustainable business growth.

Responsibilities

DUTIES AND RESPONSIBILITIES:

  • Develop and execute a comprehensive business development strategy focused on expanding revenue streams from current customers.
  • Identify and prioritize key accounts with significant growth potential, leveraging data-driven insights and market analysis.
  • Build and maintain strong relationships with key stakeholders within client organizations, including C-level executives, to understand their business objectives and challenges.
  • Proactively identify upsell and cross-sell opportunities by understanding customer pain points and aligning our solutions to address their needs.
  • Collaborate closely with the sales, marketing, and product teams to develop tailored solutions and value propositions that resonate with existing customers.
  • Lead negotiations for contract renewals, expansions, and new business opportunities, ensuring favorable terms and conditions for both parties.
  • Monitor market trends, competitor activities, and industry developments to identify new business opportunities and stay ahead of the curve.
  • Provide regular updates and reports to senior management on business development activities, pipeline status, and revenue projections.

Qualifications

EDUCATION/EXPERIENCE:

  • Bachelor's degree in Business Administration, Marketing, or related field; MBA preferred.
  • Proven track record of success in business development roles, with a focus on driving revenue growth from existing customers.
  • Strong understanding of sales processes, customer relationship management, and negotiation techniques.
  • Excellent communication and interpersonal skills, with the ability to build rapport and influence decision-makers at all levels.
  • Strategic thinker with the ability to analyze market trends, identify opportunities, and develop actionable plans to capitalize on them.
  • Results-oriented mindset with a passion for exceeding targets and delivering exceptional customer value.
  • Ability to thrive in a fast-paced, dynamic environment and adapt quickly to changing priorities.
  • Previous experience in retail, fintech and logistics ecosystems is highly desirable

COMMITMENT TO ETHICS AND EQUAL EMPLOYMENT OPPORTUNITY:

IBEX is proud to be an equal employment opportunity employer. Business activities including, but not limited to, hiring, promotion, and compensation are conducted in compliance with all applicable laws and without regard to race, color, ethnicity or national origin, gender, age, marital status, religion, political or union affiliation, sexual orientation, gender identity, disability status, pregnancy, genetics, veteran status, or any other basis protected by law.

Job Summary

JOB TYPE

Full Time

SALARY

$174k-240k (estimate)

POST DATE

05/18/2024

EXPIRATION DATE

06/30/2024

WEBSITE

ibex-global.com

SIZE

25 - 50

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If you are interested in becoming a Vice President Business Development, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Vice President Business Development for your reference.

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Quotes from people on Vice President Business Development job description and responsibilities

Vice president job descriptions oversees the everyday functions and progress of employees.

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Lead the business development team, overseeing the end-to-end sales activities and KPIs for existing hotel management transitions.

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Set the broader business development strategy and tactics to achieve quarterly growth targets.

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Guide the development of micro-strategies to win existing markets and enter new ones.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Vice President Business Development jobs

Applicants must note that employers may strongly prefer vice presidents who hold a master’s degree that proves their strong knowledge of business, management or other relevant areas of expertise.

03/20/2022: Flagstaff, AZ

A vice president should know how to properly lead and motivate team members to ensure employees feel valued.

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Pursue continuing education opportunities.

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Review the position's job qualifications.

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Step 3: View the best colleges and universities for Vice President Business Development.

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