Senior Business Development Manager

Trio Capital; Mount Laurel Township (NJ); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Medical benefits

Dental and vision plans

401K with employer match

Paid time off

Job summary

Trio Capital is seeking a Senior Business Development Manager in Mount Laurel, NJ to establish and execute our sales strategy, develop new partner relationships, onboard equipment sellers, and lead training for the sales team. You will actively manage customer contact, product development, and the sales pipeline to meet quarterly quotas.

The role requires identifying dealer partnerships, understanding equipment finance for small to mid-sized businesses, and achieving annual financial goals.

Qualifications

• 7+ years selling experience, equipment finance industry preferred.
• Demonstrated history of reaching assigned sales goals.
• Ability to bring a book of business is a plus.
• Bachelor’s degree or equivalent education and experience preferred.
• Able to travel domestically if needed.

Responsibilities

• Establish and execute sales strategy to identify, develop and land new partner relationships.
• Onboard new equipment sellers and provide equipment finance training for the sales team.
• Manage customer contact, expectations, and sales pipeline to meet quotas and growth.

Skills

Initiative

Teamwork

Sales process

Finance advice

Communication

Diligence

Coachability

Pricing knowledge

Education

Bachelor’s degree or equivalent education

Job description

Position Responsibilities

The Senior Business Development Manager is responsible for establishing and executing the sales strategy to identify, develop and land new partner relationships in line with assigned volume origination growth objectives. The individual is responsible to onboard new equipment sellers and engage equipment finance training for their sales team. Position will include actively managing customer contact, expectations, new product/program development, and the sales pipeline. Top candidates should be able to identify, qualify and develop equipment dealer partnerships, and understand equipment finance for small to mid-sized business customers, ensuring fulfillment of sales quota and annual financial goals for Trio Capital.

Description

The Senior Business Development Manager is responsible for establishing and executing the sales strategy to identify, develop and land new partner relationships in line with assigned volume origination growth objectives. The individual is responsible to onboard new equipment sellers and engage equipment finance training for their sales team. Position will include actively managing customer contact, expectations, new product/program development, and the sales pipeline. Top candidates should be able to identify, qualify and develop equipment dealer partnerships, and understand equipment finance for small to mid-sized business customers, ensuring fulfillment of sales quota and annual financial goals for Trio Capital.

Key Tasks

• Works with sales leaders to define sales strategy and key business targets.
• Identifies and develops new partners and prospects with equipment sellers, manufacturers, and distributors to establish strong client relationships with both existing and new accounts.
• Successfully “sells” customers on the value-add benefits and merit of doing business with Trio Capital for both Working Capital and Equipment Finance.
• Ensures partners are successfully qualified, onboarded, and moved from prospect to customer status.
• Attend industry specific trade shows to solicit new vendor programs.
• Meet face to face with prospects and accounts that have Partner capability, closing for program commitments.
• Maintains partner communications and relationship actively to ensure retention of existing business and expansion of opportunities as well as referrals. Primary point of contact for all designated account inquiries and problem solving on a day-to-day basis, manages escalations and exceptions as needed.
• Drives product initiatives to expand the growth and success of the dealer relationships. Works with internal colleagues to ensure products and systems meet client needs and executes campaigns and product rollouts.
• Collaborates with marketing and sales leadership to design new creative products, programs and materials and assesses them for effectiveness.
• Plans, implements, and reports on sales activities, pipeline, and new dealer development.

Skills And Specifications

• Initiative-taking, collaborative, problem solving and eager to be part of a rapidly growing business.
• Strong understanding of vendor end-to-end sales process, preferably in small to mid-sized ticket (up to $250,000)
• Strong understanding of small business and ability to provide finance advice, recommendations, and operational guidance to equipment sellers
• Solid understanding of multiple markets and industries
• Expert in qualification, relationship initiation, building and management; superior communications and people skills.
• High diligence and quality
• Enthusiastic, coachable, and accountable with a powerful sense of urgency
• Understanding of financial pricing applications (T-Value, Super Trump, HP)

Requirements

Education and Qualifications

• 7+ years selling experience, equipment finance industry preferred.
• Demonstrated history of reaching assigned sales goals.
• Ability to bring a book of business is a plus.
• Bachelor’s degree or equivalent education and experience preferred.
• Able to travel domestically if needed.

Key Performance Indicators

• Achieving funding volumes for Equipment Finance and Working Capital
• Performing outbound call activities daily to generate and maintain lasting business relationships.
• Number of activated relationships, number of applications, and new dealer targets
• Overall portfolio performance
• Dealer and customer satisfaction

Company Summary

Trio is a proven equipment finance and working capital partner, dedicated to helping small businesses succeed by making access to finance solutions simple and dependable. As an independent, American-owned and operated organization, Trio is passionate about building lasting relationships and serving as a knowledgeable, trusted partner.
With experienced teams across credit, underwriting, and funding, Trio provides fast, reliable turnaround and a relationship-first approach that positions it as an extension of its partners’ businesses, helping them close more deals, deepen loyalty, and drive long-term growth.
Trio empowers and trains team members at all levels to make quick decisions in service to our relationships and ensure the flexibility and nimbleness required to compete in today’s marketplace. Trio is the perfect workplace for those who are motivated and have a desire to be part of a growing, agile, and diverse organization where you can make a difference every day.
The company offers a flexible work environment and encourages innovation and team member development. Benefits include medical, dental, and vision plans with HSA and FSA options; life insurance and disability plans; along with a generous PTO policy and employer-match company 401K plan.
Trio is a subsidiary of Channel, a leading provider of equipment finance and working capital financing solutions. The company operates five office locations in four states, repeatedly listing among Top Workplaces and ranked among the 500/5000 fastest-growing private companies in the U.S. by Inc. Magazine for more than 10 years consecutively.

Salary Description

$80,000 - $100,000 annually + commission