Business Development Associate
ModernFi
Location
New York
Employment Type
Full time
Location Type
On-site
Department
Business Development
Compensation
- $50K – $90K • Offers Equity
The Opportunity
As a Business Development Associate at ModernFi, you will be on the front lines of our growth engine. You’ll focus on driving new opportunities by prospecting, cold calling, and engaging decision-makers across the banking and credit union industry. Your role will be essential in building the top of the sales funnel, qualifying opportunities, and partnering with Account Executives to move deals forward.
This is a chance to gain impact and responsibility from day one, playing a critical role in bringing new institutions onto the ModernFi platform. You’ll develop outreach strategies, sharpen your sales skills, and learn directly from a seasoned team of fintech sales leaders.
We value ownership, grit, and growth. At ModernFi, your work will directly fuel our mission: empowering financial institutions of all sizes with innovative deposit solutions and strengthening the communities they serve.
The Role
Responsibilities
Proactively generate top-of-funnel opportunities through cold calling, emailing, LinkedIn outreach, and other prospecting methods
Research and identify target banks and credit unions that align with ModernFi’s solutions
Qualify inbound and outbound leads, ensuring high-quality opportunities are passed to Account Executives
Collaborate with Account Executives to support the sales cycle and drive revenue growth
Maintain clean and accurate records in CRM systems, tracking pipeline activity and outreach metrics
Experiment with messaging and outreach strategies to maximize engagement with prospective clients
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Consistently meet or exceed weekly and monthly activity metrics for qualified opportunities created and revenue generate
About You
1–3 years of experience in business development, inside sales, or sales development (preferably in fintech, SaaS, or financial services)
Comfortable making cold calls and engaging senior executives in financial institutions
Strong organizational skills and ability to manage multiple outreach sequences simultaneously
High resilience and persistence in building relationships and overcoming objections
Excellent verbal and written communication skills; able to craft compelling outreach messages
Eager to learn, receptive to feedback, and excited to grow into a future sales or partnerships role
Entrepreneurial spirit — thrives in a fast-paced, high-growth environment with a high degree of autonomy
About Us
The caliber and character of the ModernFi team set us apart.
We value competence and drive over experience, and look for compassionate people with diverse backgrounds. We appreciate technical ability, dedication, and humble confidence. Above all, we value respect — for our colleagues, our clients, our partners, and ourselves.
Because we are a close-knit team of high performers, we are selective and intentional with every hire. The people at ModernFi could be doing anything in the world, yet they choose to be here.
Benefits
Competitive salary + commission
Significant equity at a critical growth stage
Premium health, dental, and vision insurance
Unlimited PTO and 401(k) plan
Fast upward career trajectory as part of the founding go-to-market team
The Process
If you’d like to learn more, please email us at careers@modernfi.com. Our process is focused on cultural and personality fit. We are excited to get to know you, learn about what motivates you, and ensure that we can accelerate your personal and professional growth.
Compensation Range: $50K - $90K