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Sr Business Development Manager, Financial Services - Bellevue Washington
Company: T-Mobile USA, Inc. Location: Bellevue, Washington
Posted On: 05/02/2025
At T-Mobile, we invest in YOU! Our Total Rewards Package ensures that employees get the same big love we give our customers. All team members receive a competitive base salary and compensation package - this is Total Rewards. Employees enjoy multiple wealth-building opportunities through our annual stock grant, employee stock purchase plan, 401(k), and access to free, year-round money coaches. That's how we're UNSTOPPABLE for our employees! The Senior Business Development Manager is a key driver of growth within T-Mobile's Financial Services team, responsible for identifying, structuring, and delivering new business opportunities that expand the organization's footprint and drive innovation across its two core banking products and new product opportunities. This role requires a strategic and entrepreneurial approach to scout opportunities, build strategic partnerships, and handle key relationships that align with T-Mobile's financial services strategy. In close collaboration with internal teams (e.g., Corporate Strategy, Operations, and Product) and external partners, the Senior Business Development Manager will evaluate market opportunities, define product strategies, and implement initiatives that are net new to the company. This position includes contract negotiation, partnership management, and delivering data-driven recommendations that support T-Mobile's core strategy and long-range profitability (LRP). Responsibilities: Core objectives and responsibilities: - Structure and drive strategic partnerships and new business relationships including development of key economic, business, and operational terms; negotiate and implement contracts with these partnerships; and lead their evolution
- Develop and structure critical initiatives for T-Mobile's core banking products and new product opportunities.
- Scout, identify, and evaluate new business opportunities that align with T-Mobile's Financial Services strategy:
- Identify and analyze complex market/business opportunities, market trends, customer needs, and competitive landscapes to identify areas for growth and innovation
- Evaluate key players and technologies,
- Assess customer and market opportunities,
- Develop differentiated product/service strategies,
- Create potential economic/financial/business models,
- Deliver data-driven recommendations that support T-Mobile's core strategy and long-term financial goals.
- Ddevelop business relationships to create new strategic partners.
- Build, maintain, and grow relationships with external partners to enhance T-Mobile's financial services footprint.
- Negotiate contracts and develop partnership agreements that align with company goals and long-range profitability.
- Lead senior-level relationships with internal customers and with key players in the mobile industry - both in established and emerging segments and ecosystems.
- Develop deep domain expertise in sectors vital to T-Mobile's core strategy.
- Provide strategic analysis and guidance (economic/financial, customer and market opportunities, key players and technologies, potential business models, T-Mobile fit, etc.) for a multitude of sectors and domains.
- Formulate recommendations and lead reviews of new opportunities, technologies, business models etc., to cross-functional teams
- Introduce groundbreaking solutions that meet market needs and differentiate T-Mobile from competitors.
- Ensure that all initiatives and partnerships give positively to T-Mobile's long-range profitability (LRP) and strategic priorities.
- Also responsible for other Duties/Projects as assigned by business management as needed.
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