Monarch Money logo

VP of Partnerships

Monarch Money
Full-time
Remote
Worldwide
🌐 Digital Marketing

πŸ“Œ Core Information

πŸ”Ή Job Title: VP of Partnerships

πŸ”Ή Company: Monarch Money

πŸ”Ή Location: Remote (Anywhere)

πŸ”Ή Job Type: Full-Time

πŸ”Ή Category: Business Development, Strategic Growth

πŸ”Ή Date Posted: May 1, 2025

πŸ”Ή Experience Level: 8-12+ years

πŸ”Ή Remote Status: Remote Solely

πŸš€ Job Overview

Key aspects of this role include:

  • Leading and scaling strategic business development at Monarch
  • Identifying, developing, and executing high-leverage partnerships
  • Collaborating cross-functionally to bring high-impact deals to life
  • Optimizing the performance of existing partners
  • Building and maintaining a pipeline of high-value prospects and long-term relationships

ASSUMPTION: This role requires a strategic mindset, strong communication skills, and experience in partnerships or business development to succeed.

πŸ“‹ Key Responsibilities

βœ… Develop and lead the overall partnership strategy for Monarch, aligned with core growth goals.

βœ… Source, evaluate, and negotiate strategic partnerships with companies in fintech, financial services, and adjacent industries related to major life events.

βœ… Build business cases and success metrics for each partnership opportunity.

βœ… Collaborate cross-functionally with marketing, product, and engineering to integrate and operationalize partnership initiatives.

βœ… Build and maintain a pipeline of high-value prospects and long-term relationships across the ecosystem.

βœ… Track and optimize the performance of existing partners; double down where there’s traction.

βœ… Build the foundation (team, tools, and process) to scale Monarch’s partnership function as it grows.

ASSUMPTION: This role requires a proactive, resourceful, and outcomes-driven approach to succeed in a fast-paced, high-growth environment.

🎯 Required Qualifications

Education: Bachelor's degree in Business, Finance, or a related field (or equivalent experience)

Experience: 8-12+ years of experience in partnerships, business development, or strategic growthβ€”ideally with 2+ years in a senior leadership role.

Required Skills:

  • Strong network and experience in fintech
  • Proven success closing and scaling partnerships that drove real business impact
  • Strong strategic acumen and the ability to evaluate both short-term wins and long-term bets
  • Excellent communicator and collaborator who thrives in a cross-functional environment
  • High ownership mentalityβ€”proactive, resourceful, and outcomes-driven
  • Comfortable working in a fast-paced, high-growth environment

Preferred Skills:

  • Experience in a fully remote work environment
  • Familiarity with personal finance or related industries

ASSUMPTION: Candidates with a strong track record in partnerships, excellent communication skills, and experience in fintech are most likely to succeed in this role.

πŸ’° Compensation & Benefits

Salary Range: $240,000 - $280,000 per year (USD)

Benefits:

  • Work wherever you want! As a fully remote company with no central office, we want you to work wherever you are happiest and most productive.
  • Competitive cash and equity compensation in a hyper-growth, early-stage company.
  • Stipend to set-up your ideal working environment.
  • Competitive benefit plans for employees based on your location (e.g., in the US we offer: Medical, dental, and vision benefits and the ability to contribute to a 401k plan).
  • Unlimited PTO.
  • 3-day weekend every month! We take off the β€œFirst Friday” every month to focus on rest, recuperation, or just having fun!

Working Hours: Full-time (40 hours/week) with flexible scheduling

ASSUMPTION: The salary range is based on industry standards for similar roles and experience levels in the United States. Benefits are competitive and tailored to the employee's location.

πŸ“Œ Applicant Insights

πŸ” Company Context

Industry: Monarch Money operates in the technology, information, and internet industry, focusing on personal finance and fintech solutions.

Company Size: Monarch Money has 51-200 employees, which means it offers a dynamic and agile work environment with ample opportunities for growth and impact.

Founded: Monarch Money was founded in 2021 and has since grown to become the top-recommended personal finance app by users and experts.

Company Description:

  • Monarch is a powerful, all-in-one personal finance platform designed to help make the complexity of finances feel simple again.
  • The company aims to take the stress out of finances so its members can focus on what truly matters.
  • Monarch is led by experienced entrepreneurs who are passionate about helping members reach their financial goals.

Company Specialties:

  • Personal finance management
  • Financial coaching and advice
  • Fintech partnerships and collaborations

Company Website: https://www.monarchmoney.com

ASSUMPTION: Monarch Money is a fast-growing, innovative company focused on simplifying personal finance and providing value to its members through strategic partnerships and collaborations.

πŸ“Š Role Analysis

Career Level: This role is a senior leadership position, reporting directly to the Chief Growth Officer.

Reporting Structure: The VP of Partnerships will lead and build a team dedicated to strategic business development and partnerships.

Work Arrangement: This is a remote-only position, with the flexibility to work from anywhere.

Growth Opportunities:

  • As Monarch Money continues to grow, there will be opportunities to expand the partnership team and take on more responsibilities.
  • Successful candidates may have the opportunity to move into executive leadership roles as the company expands.

ASSUMPTION: This role offers significant growth potential as Monarch Money continues to scale its partnership efforts and expand its presence in the fintech industry.

🌍 Location & Work Environment

Office Type: Fully remote with no central office

Office Location(s): N/A (remote work only)

Geographic Context:

  • Monarch Money is headquartered in San Francisco, CA, but employees can work from anywhere in the world.
  • The company encourages a flexible work-life balance, with unlimited PTO and a 3-day weekend every month.
  • Monarch Money fosters a collaborative and inclusive work environment, with a strong focus on employee well-being and growth.

Work Schedule: Full-time (40 hours/week) with flexible scheduling and a focus on results and outcomes

ASSUMPTION: The fully remote work environment at Monarch Money offers employees the flexibility to balance their personal and professional lives while collaborating with a diverse and talented team.

πŸ’Ό Interview & Application Insights

Typical Process:

  • Initial phone or video screen to assess cultural fit and basic qualifications
  • In-depth behavioral and situational interviews to evaluate problem-solving skills and strategic thinking
  • Final interviews with key stakeholders, including the Chief Growth Officer
  • Background check and reference checks

Key Assessment Areas:

  • Strategic thinking and partnership evaluation
  • Communication and collaboration skills
  • Proactivity and ownership mentality
  • Adaptability and comfort in a fast-paced environment

Application Tips:

  • Highlight your experience in fintech and strategic partnerships in your resume and cover letter.
  • Be prepared to discuss specific partnership successes and challenges you've faced in previous roles.
  • Demonstrate your understanding of Monarch Money's mission and values in your application materials.
  • Showcase your ability to thrive in a remote work environment and collaborate effectively with a distributed team.

ATS Keywords: Partnerships, Business Development, Strategic Growth, Fintech, Remote Work, Cross-Functional Collaboration, High-Growth Environment

ASSUMPTION: The application process at Monarch Money is designed to evaluate candidates' strategic thinking, communication skills, and cultural fit, with a focus on identifying strong partnerships and business development professionals.

πŸ› οΈ Tools & Technologies

  • CRM software (e.g., Salesforce, HubSpot)
  • Project management tools (e.g., Asana, Trello)
  • Communication and collaboration platforms (e.g., Slack, Microsoft Teams)
  • Video conferencing tools (e.g., Zoom, Google Meet)

ASSUMPTION: The tools and technologies required for this role are standard for business development and remote work environments, with a focus on collaboration, communication, and project management.

πŸ‘” Cultural Fit Considerations

Company Values:

  • Simplify money, together
  • Put members first
  • Be proactive and resourceful
  • Embrace diversity and inclusion
  • Continuously learn and improve

Work Style:

  • Results-driven and outcome-focused
  • Collaborative and inclusive
  • Adaptable and comfortable in a fast-paced environment
  • Committed to continuous learning and growth

Self-Assessment Questions:

  • How do you embody Monarch Money's core values in your daily work?
  • How have you successfully navigated a fast-paced, high-growth environment in previous roles?
  • How do you approach building and maintaining long-term relationships with partners and stakeholders?

ASSUMPTION: Candidates who align with Monarch Money's core values and work style are more likely to succeed in this role and contribute to the company's mission and growth.

⚠️ Potential Challenges

  • Managing a high volume of partnership opportunities and prioritizing the most impactful initiatives
  • Navigating a fast-paced, high-growth environment with evolving priorities and goals
  • Building and scaling a high-performing partnership team in a remote work environment
  • Maintaining a strong work-life balance while working remotely and managing a diverse set of stakeholders

ASSUMPTION: Successful candidates will be able to overcome these challenges by leveraging their experience, strategic thinking, and strong communication skills to drive results and impact in a dynamic and fast-paced environment.

πŸ“ˆ Similar Roles Comparison

  • Unlike traditional business development roles, this position focuses on strategic partnerships across various industries and life events, requiring a broader perspective and more diverse skill set.
  • In the fintech industry, partnerships are crucial for driving growth and innovation, making this role a critical component of Monarch Money's success.
  • As a senior leadership role, this position offers significant growth potential and the opportunity to shape Monarch Money's partnership strategy and team.

ASSUMPTION: This role is unique in its focus on strategic partnerships across various industries and life events, requiring a broad skill set and strategic mindset to succeed.

πŸ“ Sample Projects

  • Developing and executing a strategic partnership with a major financial institution to drive new subscriber growth and incremental revenue streams
  • Building and maintaining a pipeline of high-value prospects and long-term relationships across the fintech ecosystem
  • Optimizing the performance of existing partners by analyzing data, identifying trends, and doubling down on successful initiatives

ASSUMPTION: These sample projects illustrate the strategic and collaborative nature of the VP of Partnerships role at Monarch Money, focusing on driving growth and impact through strategic partnerships.

❓ Key Questions to Ask During Interview

  • How does Monarch Money prioritize and evaluate partnership opportunities to ensure they align with the company's growth goals?
  • Can you describe the team structure and dynamics within the partnership function, and how does this role fit into the broader organization?
  • How does Monarch Money foster a collaborative and inclusive work environment, particularly in a remote setting?
  • What are the key performance indicators (KPIs) for this role, and how will my success be measured?
  • How does Monarch Money support the professional growth and development of its employees, particularly in a remote work environment?

ASSUMPTION: These interview questions are designed to help candidates better understand the role, the team, and the company culture, ensuring a strong fit and alignment with their personal and professional goals.

πŸ“Œ Next Steps for Applicants

To apply for this position:

  • Submit your application through this link
  • Tailor your resume and cover letter to highlight your experience in fintech, strategic partnerships, and remote work environments.
  • Prepare for interviews by researching Monarch Money's mission, values, and partnership strategy.
  • Be ready to discuss specific partnership successes and challenges you've faced in previous roles, and how you've overcome them.
  • Follow up with the hiring manager within one week of submitting your application to express your interest and reiterate your qualifications.

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.