Job Description

Job Description

Job Description

Position

Business Development Associate

Reports to

Chief Development Officer

Compensation

This is a full-time, exempt, grade 7 position

Date

May 2025

Summary

Business Development Associate is responsible for identifying, nurturing, and developing potential sales leads to drive revenue growth. This role involves proactive and reactive engagement with prospects, understanding their needs, and guiding them through the sales funnel to convert them into loyal customers.

Duties and Responsibilities

1. Lead Generation: Identify and qualify potential leads through various channels such as referral, networking events and conferences, and inbound marketing.
2. Prospect Engagement: Initiate contact with leads, build relationships, and maintain regular communication to understand their needs and preferences.
3. Training : Responsible for upskilling internal stakeholders and Vanguard Crew on topics related to charitable giving, the philanthropic landscape and other related areas.
4. Lead Nurturing: Develop and implement strategies to nurture leads through personalized follow-ups, providing relevant information, and addressing inquiries.
5. Sales Funnel Management: Track and manage leads through the sales pipeline, ensuring timely follow-up and progression towards conversion.
6. Collaboration: Work closely with the sales team to align lead cultivation efforts with overall sales strategies and goals.
7. Reporting: Maintain accurate records of lead interactions and provide regular reports on lead status and conversion rates.

Qualifications

• Bachelor’s degree in business, finance, or a related field.
• Proven success in achieving sales or fundraising targets, preferably within the financial services, complex assets and/or wealth management industry, or large nonprofit institutions, focusing on ultra-high-net-worth clients, private foundations and family offices.
• Comprehensive understanding of donor-advised funds and other charitable giving tools and strategies, financial products, and services.
• Outstanding communication and interpersonal skills, with the ability to build rapport and trust with ultra-high-net-worth clients.
• Demonstrated ability to develop and implement effective sales strategies.
• Highly self-motivated and results-oriented, capable of working independently and within a team. Must be able to work in a collaborative environment
• Excellent negotiation and presentation skills.
• Strategic thinking and problem-solving abilities
• Proficiency in Microsoft Office Suite and Salesforce software.
• Ability to travel as needed to meet with clients and attend industry events.

• Preferred Qualifications:

  • Certified Financial Planner (CFP) or other relevant financial certification.
  • Understanding of portfolio construction, asset allocation strategies
  • Experience in managing philanthropic services for ultra-high-net-worth clients.

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