Business Development Representative, DailyPay

$50-65k

Opportunity for equity ownership

Junior level
New York
DailyPay

On-demand pay platform

Open for applications

DailyPay

On-demand pay platform

501-1000 employees

FintechB2BHRFinancial ServicesSaaS

Open for applications

$50-65k

Opportunity for equity ownership

Junior level
New York

501-1000 employees

FintechB2BHRFinancial ServicesSaaS

Company mission

To build a new financial system that starts working, the minute work starts.

Role

Who you are

  • 1+ years of experience prospecting for leads or in another sales-related position
  • Bachelor’s degree or equivalent experience
  • Expert in making first contact and building valuable relationships
  • Competitive, self motivated, resourceful and metrics driven
  • Can work and thrive in a fast-paced environment

Desirable

  • Experience working with or selling to HR, payroll, or finance departments

What the job involves

  • We are looking for a Business Development Representative who can secure appointments with qualified companies
  • As a BDR, you will work directly with your manager and the Account Executive team to build DailyPay’s sales pipeline
  • Become a DailyPay specialist through our detailed training so you can be the best brand ambassador
  • Help to deliver a customer-focused sales experience
  • Prospect new enterprise clients by researching markets and calling/emailing businesses
  • Qualify opportunities, handle objections and generate leads
  • Help administer new lead-generation projects

Our take

DailyPay hopes to transform the financial system through providing enterprises with on-demand pay solutions, including a raft of market-leading products and programs.

The fast-growing on-demand pay sector is fuelled both by added financial stressors for employees post-pandemic, and a real employee appetite for on-demand pay - in addition to hopes it will combat the draw of predatory payday loans. Multiple surveys suggest over half consider it an attractive benefit. This should incentivize adoption, as companies are likely to enjoy a competitive edge when it comes to employee recruitment and retention.

DailyPay’s leading reputation has, fortunately, attracted larger businesses who can take the hit, like Macdonalds, Kroger, and Lidl. The company has raised impressive funds which are cited to support domestic growth and international growth. This will allow DailyPay to invest in further product innovation.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Insights

Few candidates hear
back within 2 weeks

-20% employee growth in 12 months

Company

Funding (last 2 of 7 rounds)

Jan 2024

$75m

LATE VC

May 2021

$175m

SERIES D

Total funding: $279.8m

Company benefits

  • 401(K) with 4% match
  • Unlimited PTO
  • Medical, Dental & Vision Plans
  • Annual Learning Stipend
  • DailyPay for DailyPay

Company values

  • Do Your Research - Knowledge is power. Study, internalize and research so you can have a well-reasoned view. It’s about being prepared but also understanding that your view can change and evolve as you continue to do your research.
  • Start Simple - When taking on something new, the key is to just get started. Don’t worry about automating everything, or having the perfect answer. Start simple. Test, learn, iterate.
  • See The Circle - Every DailyPayer is part of this bigger mission and we are all working towards the same goal. Regardless of what you’re working on, you have a circle of colleagues that surround you. Involve them early and often, because it will make us stronger.
  • Pull The Wagon - Winning takes teamwork, ambition and diligence, not egos. Pitch in and do whatever it takes to move the company forward. Leaders pull the wagon alongside the team. They don’t direct orders from it. Set the example. You’ll also probably learn more by doing so.
  • Move The Line - Every day, in everything you do, challenge yourself and move the line. Push your own boundaries by focusing on incremental improvement. Be forward-thinking. Embrace change and innovation.
  • We Win With Diversity - Diversity is more than just the sum of our many parts. It’s our superpower — not just the right thing to do, but how we win. Whether through our diversity of background, experience, opinions, or views, it’s how we build a sustainable business.
  • Act Like An Owner - Decisions are creative opportunities for expansiveness. Be greedy for the best long-term outcome, even if it causes short-term sacrifice. Act with purpose and invent the future. Be maniacally focused on building the best long-term solutions for our stakeholders.

Company HQ

Financial District, New York, NY

Leadership

Kevin Coop

(CEO, not founder)

Previous President, North America for Dun & Bradstreet and Group Exec and President at Black Knight. Was also the President of the Financial Services Division at Verisk.

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