Business Development Director

Ibotta is seeking a Business Development Director to join our innovative team and contribute to our mission to Make Every Purchase Rewarding.

Do you enjoy working at businesses that disrupt conventional performance marketing? Does the challenge of unlocking and growing large, complex, and strategic partnerships with the world's largest retailers and marketplaces invigorate you? Do you enjoy working in fast-paced environments? Ibotta is fundamentally changing how brands, retailers, and publishers think about the future promotions. We are looking for a Director to support the New Business Development team in partnering with vanguards in grocery retail, commerce, and advertising, to join the Ibotta Performance Network (IPN).

This position is located in Denver, Colorado as a hybrid position requiring 3 days in office (Tuesday, Wednesday, and Thursday). Candidates must live in the United States.

What you will be doing:

• Independently manage a set of highly strategic accounts, overseeing end-to-end pipeline from prospecting through signed partnership agreement

• Develop multi-faceted strategies on each account, orienting Ibotta's value propositions with identified partner challenges and needs 

• Formulate novel and persuasive presentations that educate our partners on the value of the IPN and why it benefits them, and their customers, to join

• Build comprehensive business cases, models, and proposals that illuminate the advantages of joining the IPN

• Get buy-in from a multitude of cross-functional Ibotta teams across the deal cycle, spanning: legal, technology, finance, sales, client analytics, transformation, PR, TAM, and senior leadership

• Harness data in novel ways to craft compelling narratives that resonate with partners

• Contribute to macro business development strategies by proactively incorporating, synthesizing, and developing plans to address feedback from the market

• Grow, maintain and leverage your network. Attend and represent Ibotta at conferences, trade shows, and industry events to cultivate & build relationships. and maintain subject matter expertise in our industry

• Travel up to 30% required

• Embrace and uphold Ibotta’s Core Values: Integrity, Boldness, Ownership, Teamwork, Transparency, & A good idea can come from anywhere

What we are looking for: 

• 6-8 years of complex B2B enterprise sales or business development experience working with large accounts spanning grocery, drug, mass, dollar, convenience, ecommerce or CPG

• Bachelor's Degree preferred

• Technical Skills: G Suite, Microsoft Suite, AI tools

• Demonstrated track record of success, including ability to pivot and problem solve during a complex BD/partnership process

• Proven ability to sell into senior leadership (including C-level) and to navigate matrixed organizations, connecting with multiple business owners / decision makers

• Brilliant communication skills, both written and spoken. Must be a strong presenter (candidates must do a mock pitch as part of the hiring process)

• Expert negotiation skills with a demonstrated ability to close the deal

• Flexibility, accountability, resourcefulness, and ability to work with little direction in a fast-paced startup environment

• Highly independent, self-motivated, and visionary. Able to run with an idea or a concept and build it into a cogent narrative

• Ability to think and act like an entrepreneur and to use creative thinking to deliver value to your stakeholders

• Great analytical skills with an innate compulsion to measure the results of your work 

About Ibotta ("I bought a...")

Ibotta (NYSE: IBTA) is a leading performance marketing platform allowing brands to deliver digital promotions to over 200 million consumers through a network of publishers called the Ibotta Performance Network (IPN). The IPN allows marketers to influence what people buy, and where and how often they shop – all while paying only when their campaigns directly result in a sale. American shoppers have earned over $2.6 billion through the IPN since 2012. The largest tech IPO in history to come out of Colorado, Ibotta is headquartered in Denver, and is continually listed as a top place to work by The Denver Post and Inc. Magazine.

Additional Details:

• This position is located in Denver, CO and includes competitive pay, flexible time off, benefits package (including medical, dental, vision), Employee Stock Purchase Program, and 401k match. Denver office perks include paid parking, snacks, and occasional meals. 

• Base compensation range: $140,000-$160,000. Total compensation for this role also includes a variable component in addition to base salary. Equity is included in overall compensation package. This compensation range is specific to the United States labor market and may be adjusted based on actual experience.

• Ibotta is an Equal Opportunity Employer. Ibotta’s employment decisions are made without regard with race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, sexual orientation, or any other legally protected status

• Applicants must be currently authorized to work in the United States on a full-time basis.

• Applicants are accepted until the position is filled.

• For the security of our employees and the business, all employees are responsible for the secure handling of data in accordance with our security policies, identifying and reporting phishing attempts, as well as reporting security incidents to the proper channels.

Recruiting Agency Notice
Ibotta does not accept agency resumes and is not responsible for any fees related to unsolicited resumes. Please do not forward resumes to any Ibotta employees

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