At a Glance
- Tasks: Lead the launch of WeChat Pay services and expand market reach internationally.
- Company: Join Tencent, a global tech leader focused on innovation and teamwork.
- Benefits: Competitive salary, dynamic work environment, and opportunities for growth.
- Other info: Fluency in English and Mandarin is a must; thrive in a fast-paced setting.
- Why this job: Be part of a revolutionary payment platform impacting millions worldwide.
- Qualifications: 5+ years in business development, preferably in payments or fintech.
The predicted salary is between 90000 - 110000 $ per year.
Tencent is an Internet-based platform company founded in Shenzhen, China, in 1998. We use technology to enrich the lives of Internet users and assist the digital upgrade of enterprises. Our mission is "Value for Users, Tech for Good". We embrace a culture of teamwork & creativity and are driven by our values - Integrity, Proactivity, Collaboration and Creativity.
WeChat Pay is a mobile payment and digital wallet service integrated within the WeChat app, launched by Tencent in 2013. It allows users to make secure payments via QR codes, transfer money, pay bills, and shop online. WeChat Pay is looking to expand internationally to create a larger network of merchants and convenience for WeChat users globally.
With over 1.3 billion users worldwide, WeChat is changing the mobile landscape by connecting people, services, and businesses by offering a seamless experience within the WeChat ecosystem, providing a convenient way to handle both everyday transactions and larger purchases.
Key Responsibilities
- Spearhead the promotion and successful launch of WeChat Payment services with new and existing overseas merchants, focusing on expanding market reach.
- Lead cross-functional collaboration by coordinating internal teams and external partners to ensure seamless integration and execution of payment solutions.
- Develop and maintain relationships with key stakeholders, including institutional service providers, regulators, and financial institutions, to support long-term growth and market expansion.
- Identify and pursue innovative business opportunities and strategic partnerships to enhance WeChat Payment’s value proposition and competitive positioning in international markets.
- Export industry-specific solutions, set benchmarks, and create best practices to increase WeChat Payment’s market influence and drive brand recognition abroad.
- Analyze market trends, competitor strategies, and customer feedback to continuously refine business development approaches and ensure optimal growth strategies.
Requirements
- Bachelor’s degree or higher, with a minimum of 5 years of proven experience in business development, preferably in the payments or fintech industry.
- Strong business negotiation skills with a demonstrated ability to close high-value contracts and manage key business relationships.
- Experience in managing cross-border business development and partnerships.
- In-depth knowledge of the payments industry, with a deep understanding of the local overseas market environment and cultural nuances.
- Exceptional product and operational insight, with a proven ability to analyze business models and translate them into actionable, successful strategies.
- Familiarity with WeChat Payment or other mobile payment systems is highly desirable.
- Fluency in both English and Mandarin, with the ability to effectively communicate with international stakeholders and collaborate with teams based at HQ and across different regions.
- Strong analytical mindset and ability to drive results in a fast-paced, dynamic environment.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Business Development and Sales
Industries: Software Development, Internet Marketplace Platforms, Financial Services
Location: Toronto, Ontario, Canada
Senior Business Development Manager – Toronto employer: Tencent
As a leading Internet company, we pride ourselves on fostering a dynamic work culture that encourages innovation and collaboration. Our employees benefit from comprehensive growth opportunities, competitive compensation, and the chance to work at the forefront of the fintech industry in a vibrant international setting. Join us to make a meaningful impact while enjoying a supportive environment that values diversity and creativity.
