Director, Business Development, Wealth Management Solutions - Pacific Northwest

Monroe Capital; United States; Remote; USD 225,000 - 259,000; Full time

Job summary

An established industry player is on the lookout for a dynamic Business Development professional to enhance its Private Credit offerings. This exciting opportunity involves building strong relationships within the independent RIA and family office community, conducting high-quality presentations, and staying informed about market trends. The ideal candidate will possess a strong entrepreneurial spirit and a proven track record in fundraising. This remote-based position offers a competitive salary and the chance to work with a forward-thinking team in the Pacific Northwest. If you're ready to make an impact in the wealth management space, this role is perfect for you!

Benefits

Health Insurance

401(k) Plan

Paid Leave

Discretionary Awards

Qualifications

• 5-10 years of Business Development experience in wealth management.
• Proven success in fundraising within the Wealth Management Channel.

Responsibilities

• Develop and maintain relationships with Financial Advisors.
• Conduct meetings and presentations to educate on private credit offerings.

Skills

Business Development

Relationship Management

Communication Skills

Sales Strategy

Market Trend Analysis

Education

Bachelor’s degree in Finance

CFA or CAIA certification

Tools

Management Reporting Tools

Job description

Full-time

Monroe Capital is seeking an investment Business Development professional to support and promote the firm’s Private Credit offerings within the Wealth Management Channel. The individual will develop and maintain relationships within the independent RIA and family offices community. This role also involves working within the overall Marketing and Investor Relations program at Monroe Capital, including special projects and additional responsibilities as assigned.

This position requires significant travel and is remote-based in the Pacific Northwest.

Requirements

Primary Job Responsibilities:

• Develop and maintain relationships with Financial Advisors, educate them about Monroe's private credit offerings, identify sales opportunities, and increase market share of their client allocations.
• Conduct meetings, group presentations, and conference calls, delivering high-quality product knowledge and building strong rapport with investors to achieve results.
• Attend industry events and conferences as appropriate.
• Understand Monroe’s various platforms and offerings.
• Stay informed about industry and market trends.
• Use management reporting tools to track sales and client activity.

Position Requirements:

• 5-10 years of external Business Development experience in the advisor-sold space, with extensive connections in the independent wealth management channel, such as RIAs and Independent Broker-Dealer platforms.
• Proven success in fundraising within the Wealth Management Channel.
• Established relationships within various wealth management channels.
• Bachelor’s degree in finance or a related business field (preferred).
• Series 7 and 63 licenses.

Preferred Skills/Experience:

• Excellent interpersonal, verbal, and written communication skills.
• Strong desire to succeed and entrepreneurial spirit.
• Self-organized, energetic, creative, and thoughtful.
• Effective time management and responsiveness.
• Ability to work well within a team.
• Experience in alternative asset management, such as private credit, private equity, or hedge funds.
• CFA or CAIA certification preferred.

Compensation:

The base salary range is expected to be around $225,000, with actual salaries varying based on skills, experience, and qualifications. The total compensation may include discretionary awards, benefits such as health insurance, 401(k), paid leave, and others. Details will be provided upon employment offer. The position is at-will, and Monroe reserves the right to modify compensation and benefits.

Disclaimer:

This description provides a general overview of the role and is not exhaustive. Employees may be asked to perform additional duties outside their normal responsibilities as needed.