[Remote] Business Development Representative at Wealthsimple

Remote

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial ServicesIndustries

Requirements

Resourcefulness — demonstrated track record of persevering in the face of adversity
Adaptability — positive can-do attitude and adaptable to evolving business goals
Goal-oriented — experience working hard towards a goal
Strong communication — comfortable writing persuasively and communicating at all levels
Self-starter — addresses needs when identified
Natural Curiosity — eager to understand client’s needs and uncover root problems
1-3 years experience in a sales or client-facing role, ideally with SaaS or Financial background
Resiliency — bounce back from rejection and objection
Recommended: strong financial literacy (e.g., Completed IFIC or CSC), sales and business acumen

Responsibilities

Follow-up with high-quality leads from the Growth Marketing team
Prospect cold sales-sourced leads and own the full sales process
Build growth opportunities through warm and cold outreach (emails, calls, SMS) and qualification
Be the first touchpoint articulating the Wealthsimple value proposition to prospects
Work closely with Product and Marketing teams on “playtests” requiring client interaction
Work closely with Sales and Marketing on creative projects driving revenue and net deposit growth
Achieve monthly quotas and daily KPIs of outbound touches (email, calls, text)
Nurture and educate prospective clients through the sales cycle until qualified

Skills

Key technologies and capabilities for this role

SalesProspectingCold OutreachLead QualificationEmail OutreachCold CallingSMS OutreachValue PropositionQuota AchievementKPI TrackingClient NurturingPersuasive WritingCommunication

Questions & Answers

Common questions about this position

What benefits does Wealthsimple offer?

Wealthsimple provides competitive salary with top-tier health benefits and life insurance, retirement savings matching plan, 20 vacation days per year plus unlimited sick and mental health days, up to $1,500 per year for wellness and professional development, Employee Resource Groups, and company-wide wellness days.

Is this a remote position?

Yes, Wealthsimple is a remote-first team with over 1,000 employees coast to coast in North America.

What skills and experience are required for the Business Development Representative role?

Candidates need 1-3 years in a sales or client-facing role, ideally with SaaS or financial background, plus resourcefulness, adaptability, goal-oriented mindset, strong communication, self-starter attitude, natural curiosity, and resiliency.

What is the company culture like at Wealthsimple?

Wealthsimple values collaboration, humility, simplicity, and creating inclusive high-performing teams where people are inspired to do their best work, with teams that ship often and make an impact.

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

A strong candidate demonstrates resourcefulness, adaptability, goal-orientation, strong communication, self-starter qualities, natural curiosity, resiliency, and 1-3 years of sales or client-facing experience, preferably in SaaS or finance.

Wealthsimple

Digital platform for investing and financial management

About Wealthsimple

Wealthsimple provides a range of financial tools that help individuals manage their money effectively. Their services include automated investing, where users can set up investment accounts that automatically adjust based on market conditions, and commission-free stock trading, allowing users to buy and sell stocks without paying fees. They also offer cryptocurrency investments for those interested in digital currencies and a straightforward tax filing service that is designed to be quick and user-friendly. Wealthsimple stands out from its competitors by focusing on young professionals and tech-savvy individuals, providing a digital platform that is easy to navigate and understand. The company's goal is to simplify financial management, making it accessible to everyone by using technology to create a more personal and approachable experience in finance.

Toronto, CanadaHeadquarters

2014Year Founded

$826.6MTotal Funding

LATE_VCCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Health Insurance

Life Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Unlimited Paid Time Off

Professional Development Budget

Wellness Program

Remote Work Options

Paid Holidays

Risks

Increased competition from zero-commission brokers could erode Wealthsimple's market share.

Invite-only rollout of Wealthsimple Cash may limit user adoption and growth.

Rapid cryptocurrency adoption pressures Wealthsimple to innovate its offerings continuously.

Differentiation

Wealthsimple offers a human-centric approach to finance with user-friendly digital tools.

The company provides a seamless platform for investing, trading, saving, and tax filing.

Wealthsimple targets young, tech-savvy professionals seeking accessible financial management solutions.

Upsides

Wealthsimple's AUA reached $50 billion, indicating strong market presence and growth potential.

The rise of AI-driven advisory services can enhance Wealthsimple's personalized investment offerings.

Fractional shares' popularity aligns with Wealthsimple's target demographic, boosting user acquisition.

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