Upgrade

Director, Financial Institution Partnerships - Northeast

United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial Services, Banking, Credit UnionsIndustries

Requirements

Candidates must have 7+ years of experience in bank sales within the software, financial technology, or asset management sectors, or in whole loan sales/trading. A strong existing network of bank and credit union clients in the Northeast region is essential. Advanced knowledge of consumer credit products and general investing markets is required, along with a deep understanding of bank and credit union operations, including risk returns, capital requirements, loss provisions, and regulatory considerations. Proven success in growing sales pipelines, superior written and verbal communication skills, good judgment, excellent interpersonal skills, and the ability to thrive in a fast-paced environment are also necessary. Salesforce CRM experience is a plus.

Responsibilities

The Director will be responsible for building the banking and credit union funding channel in the Northeast territory by selling Upgrade's credit products, including personal unsecured loans, card receivables, and indirect auto loans, to financial institutions. This involves presenting Upgrade's offerings to banks and credit unions, representing Upgrade at regional conferences with speaking engagements to generate leads, managing the sales pipeline from initial contact to closing, and collaborating with the onboarding and execution teams to advance partnership relationships and track success strategies in CRM.

Skills

Financial Institution Partnerships
Sales
Credit Products
Personal Unsecured Loans
Card Receivables
Indirect Auto
Home Improvement Loans
Pipeline Management
Lead Generation
Client Relationship Management
Business Development

Upgrade

Provides loans, credit cards, and rewards

About Upgrade

Upgrade offers personal loans, credit cards, and rewards checking accounts to help individuals manage their finances. Their personal loans allow borrowing up to $50,000 with fixed rates and no prepayment penalties, while the Upgrade Card provides cash back rewards on various spending categories. What makes Upgrade different is its focus on affordability and user-friendly features, attracting customers looking for flexible credit solutions. The company's goal is to promote responsible financial behavior and long-term financial health through accessible credit options.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$532.1MTotal Funding
SERIES_FCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Company Match
Unlimited Paid Time Off
Paid Parental Leave
Health & wellness initiatives

Risks

Expansion into auto loans increases exposure to credit risk.
Crowded BNPL market may pressure margins for Uplift acquisition.
Investment in new office space may strain resources if growth falters.

Differentiation

Upgrade offers a unique blend of credit and banking products.
The Secured OneCard targets consumers with little or no credit history.
Partnership with FairPlay enhances fairness in lending practices.

Upsides

Expansion into auto loans diversifies Upgrade's product offerings.
Acquisition of Uplift strengthens Upgrade's position in travel financing.
Partnership with Finturf enhances home improvement financing options.

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