Business Development Executive at Remitly

Farringdon, New South Wales, Australia

Remitly Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Legal, RegulatoryIndustries

Requirements

  • Have excellent lead generation or inside sales experience
  • Be experienced with cold calling
  • Be a great listener, quick thinker, and the ability to work solo and as a team
  • Display solid verbal and written communication skills
  • Have great attention to detail and the ability to follow defined processes
  • Have good time management skills
  • Be able to use Microsoft Office applications (Word, Excel, PowerPoint and Outlook) and CRM

Responsibilities

  • Partnering with strategic clients and decision makers to inform prospects of our products and services
  • Creating, monitoring and driving lead generation plans to ensure a solid pipeline of new business
  • Conducting product demonstrations to prospective clients
  • Having an excellent understanding of our products and the market our clients operate within
  • Negotiating product/service terms within a specified territory
  • Producing creative strategies for targeting decision-makers at prospect accounts in order to book sales appointments
  • Identifying the needs and challenges of the prospective customer
  • Meeting monthly with Management to share success stories and discuss effective sales and business development strategies
  • Carrying out all responsibilities in an honest, ethical and professional manner

Skills

CRM
Microsoft Excel
Microsoft Word
Microsoft PowerPoint
Microsoft Outlook
Cold Calling
Lead Generation
Product Demonstrations
Sales Negotiation

Remitly

International money transfer for immigrants

About Remitly

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Seattle, WashingtonHeadquarters
2011Year Founded
$423.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Continuing Education or Travel Stipend
Office Culture
Flexible PTO, Schedules and Leaves
DEI Learning Opportunities
Community Engagement
Inclusive Benefits

Risks

Swift's integration into banks' channels poses a competitive threat to Remitly.
AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.
Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

Differentiation

Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.
The company leverages technology for a seamless user experience via its app and website.
Remitly engages with immigrant communities through content and educational initiatives.

Upsides

Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.
AI agents in operations could reduce costs and improve Remitly's efficiency.
Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

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