π Core Information
πΉ Job Title: VP of Partnerships
πΉ Company: Monarch Money
πΉ Location: Remote (Anywhere)
πΉ Job Type: Full-Time
πΉ Category: Business Development, Strategic Growth
πΉ Date Posted: May 1, 2025
πΉ Experience Level: 8-12+ years
πΉ Remote Status: Remote Solely
π 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.
π Key Responsibilities
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Develop and lead the overall partnership strategy for Monarch, aligned with core growth goals.
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Source, evaluate, and negotiate strategic partnerships with companies in fintech, financial services, and adjacent industries related to major life events.
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Build business cases and success metrics for each partnership opportunity.
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Collaborate cross-functionally with marketing, product, and engineering to integrate and operationalize partnership initiatives.
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Build and maintain a pipeline of high-value prospects and long-term relationships across the ecosystem.
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Track and optimize the performance of existing partners; double down where thereβs traction.
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Build the foundation (team, tools, and process) to scale Monarchβs 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.
π― 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 growthβideally 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 mentalityβproactive, 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.
π° 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 βFirst Fridayβ 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.
π Applicant Insights
π 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.
π 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.
π 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.
πΌ 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.
π 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.
π 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.
β οΈ 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.
π 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.
π 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.
β 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.
π 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.
β οΈ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.