Business Development Manager at Remitly

Singapore, Singapore, Singapore

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Petrochemicals, Commodities, Market IntelligenceIndustries

Skills

Key technologies and capabilities for this role

Consultative SalesPetrochemical IndustryBusiness DevelopmentAcquisition StrategiesMarket ExpansionCustomer AcquisitionSolution SellingValue PropositionSales Pipeline Management

Questions & Answers

Common questions about this position

What is the location for this Business Development Manager role?

This information is not specified in the job description.

What is the salary for this position?

This information is not specified in the job description.

What key skills are required for this Business Development Manager role?

Required skills include strong negotiation and communication skills for effective cold calls, solution sales with a value-selling focus, and experience in a BDM role. Candidates should also be highly self-motivated, results-driven, detail-oriented, and commercially minded.

What is the company culture like at ICIS?

ICIS emphasizes working in a high performing sales team, with a focus on self-motivation, relationship-building, and adaptability to meet changing market and customer needs.

What makes a strong candidate for this Business Development Manager position?

A strong candidate is highly self-motivated, energetic, builds relationships quickly, excels in phone-based business discussions with seniors, is results-driven and detail-oriented, and has proven negotiation, communication, and solution-selling skills.

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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