About Monterey Financial
Monterey Financial is a 36-year old specialty finance company that acquires consumer receivables and provides end-to-end loan servicing and collections. We help businesses across industries—including elective medical and dental, training, certifications and education, home improvement, legal services, and emerging markets— with receivables management solutions.
Monterey offers the stability of a well-established company with the energy, and agility of a startup and has a long history of sharing its success with its employees.
Salary Range for Role: $120,000 - $200,000 Annual Base + Commission
Position Overview
We are seeking a Vice President of Business Development to play a critical role helping us scale our business by owning SMB and Enterprise revenue growth. This individual will be responsible for overseeing all aspects of sales and marketing at the company, including hiring, training, incentive design, sales operations, and go-to-market strategy.
The Vice President of Business Development should represent the qualities we seek across the team and company: proactive, growth-oriented, organized, and accountable. In addition, he or she must be a compelling communicator able to influence internal and external stakeholders.
This is an opportunity to join a company with a proven, multi-decade track record, and ambitious expansion plans.
Key Responsibilities
- Own end-to-end enterprise sales strategy, from market positioning through contract execution and ongoing account expansion
- Lead evaluation of new business lines and new markets and pitch Executive team and Board of Directors on new growth vectors
- Lead large, complex, multi-stakeholder deal cycles with sophisticated counterparties (e.g., aggregators, banks, institutional partners, enterprise clients)
- Consistently grow annual sales volumes through relationship-led selling, trust-building, and repeatable processes
- Develop and continuously refine value propositions and pricing frameworks aligned with customer needs and risk economics
- Grow, develop, and lead a diverse, high-performing sales organization rooted in accountability, rigor and continuous iteration
- Act as a senior commercial voice in executive and board-level discussions
Ideal Candidate Profile
- 12+ years in business development or commercial leadership within a consumer finance, fintech, servicing, or collections organization
- Demonstrated track record of scaling revenue across multiple business stages
- Experience leading large negotiations, structured deals, or capital-intensive transactions
- Steeped in a sales methodology such as Sandler, Challenger, etc. and likely a student of Frank Slootman, John McMahon, The Challenger Sale, or similar people or frameworks
Performance Metrics
- Improved forecast accuracy, outbound momentum, and pipeline quality
- Ramped, high potential account executives added to the team
- Revenue by business line, revenue in target industries, revenue from new clients
- Rituals in place to drive performance, accountability, and continuous improvement
Why Monterey
- High impact leadership role in a well respected and established business
- Competitive compensation and bonus structure
- Comprehensive benefits (health, dental, profit sharing plan, 401(k))
- Collaborative, growth-oriented culture
- Opportunity to make a tangible impact as we accelerate investment and growth
What We Do
Monterey has over 35 years of experience in creating customized financial solutions to optimize our clients' businesses. Monterey helps businesses large and small through buying receivables to offer cash now, as well as professional loan servicing for both performing and non-performing loans. Monterey seamlessly integrates into the sales cycles of your business, enabling you to offer financing for your products or services directly at the point of sale. Our mission at Monterey is to empower businesses by optimizing their sales, growth, and cash recovery. Our high approval rates for both prime and non-prime consumers allow us to offer low monthly payment options, expanding your business to a broader customer base, especially those who are underserved. Are you already financing your consumers? Let Monterey's professionals manage your current and delinquent receivable accounts, freeing you to focus on the more dynamic aspects of your business. As a purchaser of consumer receivables, we also help businesses gain flexibility by acquiring their existing consumer receivable portfolios. Additionally, as a registered broker, we offer opportunities for long-term residual commissions through referrals to Monterey. Connect with us to discover more about how Monterey can assist you in achieving your financial objectives.
