VP of Business Development (Banking Partnerships)

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About Spring Labs:

Spring Labs is redefining how data is exchanged for the new age of data sharing, security, and consumer privacy through decentralization. Our Spring Protocol Tech Stack, which includes the use of Blockchain and Cryptography, allows institutions to share information among themselves to verify identities and reduce fraud - all while protecting consumer data.

Working at Spring Labs is about being part of a collaborative team, comprised of some of the most talented people in the industry. You would be welcomed into a fun, inclusive environment where we care as much about our employees as we do about our product. 

The Business Development TeamThe Business Development team is responsible for building the network of leading financial institutions that exchange data on our platform, fundamentally changing how data is exchanged in the financial services ecosystem and greatly expanding the breadth and depth of data shared, all while preserving information security and consumer privacy through the Spring Protocol technology.

With already 45+ partnerships including the largest and most innovative Fintech lenders and a number of top-30 US Banks, there is a clear product-market fit. These institutions will rely on our technology to share data within the industry, greatly improving access to identity and fraud data with unprecedented security and protection of consumer data privacy. This data, coupled with 3rd party information collected from other network partners, will represent the most comprehensive consumer lending identity and fraud coverage of any provider on the market today.

The VP of Business Development (Banking Partnerships) role will have responsibility for the end-to-end process of bank sales -- networking and sourcing leads, identifying the product opportunity, dealing with complex organizational hierarchies, and ultimately negotiating and helping shepherd the deployment of the Spring Protocol.

Ideally, the candidate will be located in a Financial hub within the U.S., i.e., San Francisco, Los Angeles, Chicago, Dallas, Charlotte, New York

What you'll do

  • Create partnerships for Spring Labs by identifying viable Bank partners and building a business case for engaging decision-makers
  • Build and grow a comprehensive pipeline of Bank partners
  • Drive the entire sales and engagement cycle, building relationships with decision-makers and "do-ers" throughout the process
  • Network within the Banking Industry to stay abreast of the environment
  • Look for new, as well as previously un-scoped opportunities, that could unlock long-term value for Spring Labs
  • Develop unique and innovative approaches that can be scaled to improve process efficiency
  • Collaborate with team members to improve overall success of the organization, creating best practices and a culture of continuous learning and iteration
  • Identity interesting channel partnerships or indirect selling opportunities to help grow the network faster
  • Develop an understanding of the risk and customer onboarding processes of our partner institutions, as well as how

About you

  • You know how to get things done: own recap and next steps, create comprehensive (and easy to share) assets, follow up, follow up, try a different angle, follow up
  • 4-year degree in a related field preferred
  • 7+ years of experience in Banking, Fintech, Consulting, Business Development/Sales or related field
  • Strong understanding of Banking and the related regulatory environment and how data drives decision making
  • Highly effective interpersonal and relationship-building skills
  • Proven ability to grasp and articulate a variety of technology platforms and products to gain buy-in from partners
  • Heavily networked within the Banking Industry
  • Ability to travel up to 60%

Perks

  • Casual Work Environment
  • Fully Stocked Kitchen
  • Free Gym
  • Weekly Office Events
  • Unlimited PTO
  • Comprehensive Medical/Dental/Vision
  • 401(k)

Equal Opportunity Statement:

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • GolangLanguages
    • JavascriptLanguages
    • PythonLanguages
    • SqlLanguages
    • FluxLibraries
    • ReactLibraries
    • Web3Libraries
    • ConnexionLibraries
    • OpenAPILibraries
    • FlaskFrameworks
    • Node.jsFrameworks
    • PostgreSQLDatabases
    • RedisDatabases
    • Google AnalyticsAnalytics
    • TableauAnalytics
    • SEMrushAnalytics
    • IllustratorDesign
    • InVisionDesign
    • PhotoshopDesign
    • SketchDesign
    • AsanaManagement
    • ConfluenceManagement
    • Google DocsManagement
    • JIRAManagement
    • TrelloManagement
    • SquarespaceCMS
    • HubSpotCRM
    • SalesforceCRM
    • MailChimpEmail

Location

In walking distance to great lunch spots, a beautiful public park, and a short scooter ride to the beach, Spring Labs is right in the heart of MDR.

An Insider's view of Spring Labs

What does your typical day look like?

The first thing I do is say "Hi" to my best friend in the world, Savannah. We gab about our previous evening, then head to the kitchen for some coffee! Then it's off to check emails! What a thrill. During lunch, we play our favorite game in the world "Categories!" Then we play ping pong. That's it. Or is it? It is. Or is it? It's not.

Taylor

Office Manager & Professional Jokester

How does the company support your career growth?

The company encourages me to pursue interests related to the work I’m doing on my team. They’re also never shy to lend a hand or start a pair programming session to help me understand a complex concept. I love how I’m supported to pursue interests that don’t directly relate to my job description.

Faris

Software Engineer

What unique initiatives do you have that encourage innovation?

At Spring Labs, we’re big believers in proactive accountability. We empower our employees with the responsibility and the information they need to make impactful business decisions. The best organizations are able to run autonomously, which is why we facilitate an environment that encourages proactivity and accountability.

Adam

Co-Founder

What makes someone successful on your team?

Compliance is successful when we use our influence to become a trusted business partner, essentially earning the respect of other team members in the organization. To gain that respect, the Compliance team must leave ego at the door and roll up our sleeves to accomplish the greater good for the company.

Shellie

Director, Governance and Compliance

What are Spring Labs Perks + Benefits

Spring Labs Benefits Overview

We champion our differences to find and pursue the best ideas to solve immense problems. People are our competitive advantage, which is why we make a concerted effort, in everything we do, to foster an innovative and collaborative culture that is rooted in humility, inclusiveness and overall respect.

Culture
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Flexible work schedule
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Highly diverse management team
Mandated unconscious bias training
Mean gender pay gap below 10%
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Dental insurance
Vision insurance
Health insurance
Life insurance
Team workouts
Mental health benefits
Financial & Retirement
401(K) matching
We match 4% of contributions up to 4% of an employee's annual gross pay.
Company equity
Performance bonus
Child Care & Parental Leave Benefits
Childcare benefits
Spring Labs offers a Dependent Care Savings Account option
Family medical leave
Spring Labs offers up to 12 weeks of unpaid, job-protected leave per year, as well as maintained health benefits, for any employee eligible under the Family and Medical Leave Act (FMLA).
Company sponsored family events
Spring Labs hosts a variety of weekly, monthly, quarterly and annual events for employees, with specific events geared towards families.
Vacation & Time Off Benefits
Unlimited vacation policy
Paid holidays
Paid sick days
Spring Labs offers 80 hours of Paid Sick Leave, each year, to be used to care for themselves or family members.
Office Perks
Company-sponsored outings
Free daily meals
Spring Labs' catered lunches Monday-Friday.
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Onsite office parking
Pet friendly
Recreational clubs
Onsite Gym and weekly Yoga
Relocation assistance
Onsite gym
Professional Development Benefits
Job training & conferences
Lunch and learns
Promote from within
Mentorship program
Continuing education available during work hours
Many Spring Labs' employees are enrolled certification programs.
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Although we host weekly Spring Lab's dinner and game nights, our employees can often be found playing ping pong, planning moves on the office's shared chess board or going to lunch, happy hour, dinner or karaoke together. We love our culture and want to ensure each new hire is not only highly accomplished in their field, but also a perfect fit for the Spring Labs family.

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