VP of Business Development Job Description Template

Elements to include in the VP of Business Development Job Description template

VP of Business Development Job Description Template/Brief

As a VP of Business Development, you will have a passion for developing and managing business opportunities, as well as the ability to quickly learn about new products, features, and services. You will work with internal teams to identify new business opportunities and then develop and execute strategies to capitalize on those opportunities. In this role, you will also be responsible for building relationships with customers, partners, and prospects.

VP of Business Development Job Profile

The Vice President of Business Development will be responsible for expanding the company's client base and identifying new business opportunities. They will work closely with the sales and marketing teams to develop strategies to increase market share and grow revenue. The VP of Business Development will also be responsible for developing relationships with key clients and industry partners.

Reports To

• CEO

VP of Business Development Responsibilities

• Generating new business opportunities through market research and analysis
• Developing sales and marketing strategies to increase market share and grow revenue
• Building and maintaining relationships with key clients and industry partners
• Negotiating and closing business deals
• Identifying new business trends and opportunities
• Overseeing sales and marketing teams

VP of Business Development Requirements & Skills

• Bachelors degree in business, marketing, or related field
• 8+ years of experience in sales, marketing, or business development
• Proven track record of success in business development
• Strong communication and negotiation skills
• Excellent analytical and problem-solving skills
• Ability to work independently and take initiative
• Excellent time management and organizational skills

The importance of a good VP of Business Development job description

Job seekers typically spend little time reading job postings and descriptions. Because they often read through many postings when looking for a job, it’s common for them to just skim through them.

This means that your job description needs to convince top candidates to apply within the first minute of reading. With the increasing competition among companies for top-tier skills, preparing a good, crisp job description is important.

This is why many organizations now put a lot of effort into their job descriptions to secure the best candidates. They attract suitable candidates, precisely and accurately represent the job role, and can help form the basis for an VP of Business Development interview. They help you outline your requirements for your ideal candidate and provide an opportunity to display your company values to the public.

Download VP of Business Development job description template in multiple formats

Download image Download PDF

Download TXT

Things to avoid when writing a job description for VP of Business Development role

When crafting a job description for a VP of Business Development, it's important to strike the right balance. While you want to attract top talent, there are certain pitfalls you should avoid to ensure your job listing is effective and appealing. Here are some key things to keep in mind to avoid common mistakes.

Listing too many skills can overwhelm potential candidates and deter them from applying. Instead, focus on the core competencies that are truly necessary for the role. For a detailed guide on the essential skills required, check out our post on skills required for VP of Business Development role.

Using buzz words can make your job description sound generic and unappealing. Terms like 'synergy,' 'disruptive,' 'game-changer,' and 'thought leader' are often overused and can dilute the impact of your listing. Be specific and clear about what you are looking for instead.

Over-focusing on academic qualifications can limit your pool of candidates. Many skills a VP of Business Development needs, such as negotiation, strategic thinking, and relationship building, are often honed through experience rather than formal education. It's recommended to use an on-the-job skills test to evaluate these abilities, such as our business development test.

What skills are important for VP of Business Development role?

To craft a good job description and hire the best candidates for the VP of Business Development role, recruiters should know the key skills required to excel in the role. These include strategic thinking, leadership, and strong communication abilities.

For a detailed guide on the skills required for the VP of Business Development, check out our comprehensive post here.

Identify the best VP of Business Developments for your open role

Recruiters often face the challenge of sifting through a large number of resumes, even when they have a well-crafted job description for a VP of Business Development. The sheer volume of applications can make it difficult to identify the best candidates who truly fit the role. This can lead to a time-consuming and overwhelming process, leaving recruiters wondering how to efficiently pinpoint the top talent from the pool of applicants.

Adaface skill tests can help streamline this process by providing a targeted approach to candidate assessment. Our Business Development Test, Sales Aptitude Test, and Business Analyst Test are designed to evaluate the specific skills and competencies required for the role, ensuring that only the most qualified candidates move forward.

To take the next step in effectively screening candidates for your VP of Business Development role, you can explore our platform with a quick product tour or sign up for a free plan to start using our trusted and accurate assessment tools. These resources will help you make informed hiring decisions and find the best fit for your team.

VP of Business Development Job Description FAQs

What is the role of a VP of Business Development?

The VP of Business Development is responsible for driving business growth, identifying new market opportunities, and building strategic partnerships.

Who does the VP of Business Development report to?

Typically, the VP of Business Development reports to the CEO or the Chief Operating Officer (COO).

What are the key responsibilities of a VP of Business Development?

Key responsibilities include developing growth strategies, managing business development teams, and negotiating high-value deals.

What skills are important for a VP of Business Development?

Important skills include strategic thinking, leadership, negotiation, and market analysis.

Why is a good job description important for a VP of Business Development role?

A good job description helps attract qualified candidates and sets clear expectations for the role.

What should be avoided when writing a VP of Business Development job description?

Avoid vague language, unrealistic requirements, and overly lengthy descriptions.

How can you identify the best candidates for a VP of Business Development role?

Look for candidates with a proven track record in business growth, strong leadership skills, and relevant industry experience.

What are the common requirements for a VP of Business Development?

Common requirements include a degree in business or a related field, extensive experience in business development, and strong leadership abilities.