Braun Board

Business Development Manager, North America

OpenFX · Miami, FL

Base
Not disclosed
OTE
Not disclosed
Posted
2mo ago

Still open · checked 2h agoon OpenFX's careers page

What OpenFX sells

Faster money transfers across borders for banks

Sending money between countries is slow when it's stuck on banking hours and old systems. OpenFX builds the system that lets banks and fintechs move money across borders faster and more efficiently. Institutions can then send money any time of day, as freely as data moves.

In plain English, from their own job posts. Something wrong? Tell us

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The Braun Read

Ask hard questions

Too much is left unsaid. Make them answer before you invest.

Pay
No pay listed at all.
Transparency
Shares 1 of 5: quota, attainment, deal size, territory, sales cycle.
Pipeline
Mostly self-sourced. Great if you like outbound, rough if you don't.
Time on market
Open 83 days. Ask why it's been hard to fill.
Company hiring
2 sales roles open, hiring at a steady pace.

Based only on what the posting says. Flags are a starting point for your first call, not a final judgment.

Questions to ask on the first call

Built from what this posting leaves out. How they answer tells you as much as what they say.

  1. 1.

    What percentage of fully ramped reps hit quota last year?

    OTE is what you could earn. This is how likely you are to earn it.

  2. 2.

    What are the base and the OTE for this role?

    No point investing hours before you know the number.

  3. 3.

    What's the annual quota, and how was it set?

    A quota built from real data is a target. Otherwise it's a hope.

  4. 4.

    What share of last year's closed deals did reps source themselves?

    Shows how much pipeline you'll have to build on your own.

  5. 5.

    How long is ramp, and what's the quota during it?

    Full quota on day one means you start behind.

  6. 6.

    Why is this role open? Did someone leave, or is it new?

    New headcount is growth. A replacement means someone left. Ask why.

When the offer comes

Save these for later. They land better once they've said yes to you.

  1. 1.

    Can I see the full comp plan in writing, including clawbacks and accelerators?

    What's in writing is what gets paid. Read it before you sign.

  2. 2.

    Can I see the actual comp distribution for the team last year, not just the OTE?

    The spread shows what most reps really take home. OTE is just the target.

  3. 3.

    I'd be walking away from earned commission to join. Is there room for a sign-on bonus to help cover that?

    Leaving money behind is a fair reason to ask. The worst answer is no.

Josh's top five questions for any sales interview →

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The role

Sell cross-border payment infrastructure to banks, fintechs and other institutions across North America. You prospect and own full-cycle deals from outreach through close against revenue targets.

New Logo · Outbound

Selling motion

New Logo

Who you're selling to

Buyer:
Treasury, finance, payments and operations leadersIn their words: “Develop trusted relationships with senior stakeholders (Treasury, Finance, Payments, and Operations leaders) at prospective and existing clients”
Industry:
Financial servicesIn their words: “Experience selling into banks, fintechs, or other financial institutions”

Pipeline expectations

Mostly self-sourced. Expect a lot of outbound.

Compensation

The posting doesn't list pay.

What is not disclosed

This posting doesn't tell you:

  • Base salary
  • OTE
  • Quota size
  • Quota attainment
  • Average deal size
  • Sales cycle length

The questions above cover the big ones.

Full posting
About Us OpenFX is on a mission to move money as freely as data, unrestricted by time zones, banking hours, or legacy systems. We are building the infrastructure that will power the next generation of cross-border payment systems for institutions. The team's execution has been exceptional, and we're scaling at a remarkable pace. Our stellar early team brings experience at companies such as J.P. Morgan, Goldman Sachs, FalconX, PayPal, Affirm, Polygon, Kraken, Nium & others. We're backed by Accel, Lightspeed, NfX, and other top-tier investors. Role Overview We are seeking an BDM Manager, North America to join our dynamic go-to-market team. You'll own the full sales cycle for institutional customers across North America — from prospecting through close, helping banks, fintechs, and other institutions move money faster and more efficiently across borders. Key Responsibilities: New Business Development - Build and manage a pipeline of institutional prospects across North America, from initial outreach through qualification - Identify and prioritize target accounts — banks, fintechs, and other institutions with cross-border payment needs Full-Cycle Sales Execution - Own deals end-to-end: discovery, solution design, negotiation, and close - Consistently meet or exceed quarterly and annual revenue targets - Maintain accurate pipeline and forecast data in the CRM Client & Stakeholder Relationship Management - Develop trusted relationships with senior stakeholders (Treasury, Finance, Payments, and Operations leaders) at prospective and existing clients - Serve as a strategic advisor, understanding each client's cross-border payment needs and tailoring OpenFX's value proposition accordingly Cross-Functional Collaboration - Partner closely with Product, Engineering, Legal & Compliance, and Marketing to navigate technical integrations and structure deals - Work with leadership to refine sales strategy, messaging, and positioning as the go-to-market motion matures Market Strategy & Intelligence - Stay close to trends in cross-border payments and institutional finance to inform territory and account strategy - Share client feedback with Product to help shape the roadmap What we are looking for Must-haves: - 5+ years of full-cycle, quota-carrying sales experience in fintech or payments - A proven track record of meeting or exceeding revenue targets - Experience managing complex, multi-stakeholder sales cycles from prospecting to close - Strong communication, negotiation, and executive presence - Comfort operating with ambiguity in a fast-moving, early-stage environment - Proficiency with CRM tools (e.g., Hubspot) for pipeline and forecast management What helps you stand out - Experience selling into banks, fintechs, or other financial institutions - Background in cross-border payments, FX, treasury, or related infrastructure - Experience at an early-stage or high-growth startup, helping build sales process and playbooks from the ground up - An existing network of relevant buyer personas within target institutions What We Offer - Competitive salary and benefits package. - Equity in a rapidly growing company. - Opportunity to work in a fast-paced startup at the forefront of fintech innovation. - Opportunity to make a significant impact on global financial infrastructure - Collaborative work culture with emphasis on personal and professional growth. We are committed to building a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
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