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Director Business Development In job

Dow JonesYork, NY
Dow Jones jobs

Company

Salary

Skills

Company Description

We break stories, influence ideas, and advance business intelligence and cultural interest. We expose the events that turn markets, the digital breakthroughs that transform art, the demand that drives invention, as well as the political and societal passing moments and lasting consequences. We are the people of Dow Jones. From different fields, backgrounds and viewpoints we invite you to join us.

Job Description

Dir Business Development in NEW YORK , New YorkJob Description:

Director, Business Development, Partners & Licensing

Professional Information Business (PIB)

Reports to: Regional Head of Partners and Licensing

The Dow Jones Partners and Licensing team maintain relationships with Partners and Licensors around the world, helping to power the Professional Information Business, the B2B division of Dow Jones & Company.

When you join Dow Jones, you become part of one of the most dynamic, creative and savvy news and information companies in the world. As a global leader in news and business intelligence, were newswires, websites, newspapers, apps, newsletters, databases, magazines, radio and television--including some of the widest-read and most-respected brands, like Factiva, The Wall Street Journal, Barrons and SmartMoney. Our media inform the discussions and decisions that are vital to the worlds commerce, while our databases make the business world more transparent. We continually develop technology to transform information into insight and insight into prosperity. We enlighten and inspire audiences with authoritative, differentiated and trusted content.

Job Description

The Director, Business Development and Licensing is responsible for managing our partners and licensors (collectively referenced as Partner or Partners) in the assigned region, including developing and negotiating new contracts both to procure information for our own portfolio of products and solutions and to help power the products and solutions of our Partners.

The purpose of this position is two fold - to drive revenue through developing new and existing partnerships and to expand regional licensing coverage throughout the assigned territory, maintaining and developing senior relationships with publishers and content owners.

Dow Jones works with many thousands of publishers around the world, who produce their own content and/or data for their customers. You will be responsible for evaluating the suitability of the information available for our users and subsequently negotiating the agreements to bring this data into Dow Jones. Further, many of our publishing partners also create their own products and solutions for their customers. You will also be responsible for understanding the publishers business model and products and securing new revenue for Dow Jones by negotiating agreements to help augment their solutions with our own content and data, creating bi-directional partnerships.

To be successful you will:

Grow and retain business, ensuring the value propositions for Dow Jones solutions are clearly articulated and resonate well with the Partners. Building strong and highly-engaged relationships will be a key requirement of this role.

Onboard new information sources that help our users better solve their problems and drive increased engagement with users of our products. Moreover, you will be responsible for identifying and categorising content by its interest and utility for different customer types.

Main Duties and Responsibilities:

Drive new revenue and content growth, and meet retention and renewal strategy goals within existing and new Partners

Retain Dow Jones contracted revenue in the assigned set of Partners, ensuring content, products, and services suitably address business needs

Take prospective Partners through our Partner Process, ensuring internal consensus has been gained on the terms and nature of the partnership, and you are establishing a mutually beneficial relationship for Dow Jones and the Partner

Manage forecasts and pipelines ensuring clear reporting on forthcoming renewals, withdrawals / downsells, additional sales/content opportunities, plus associated revenue and timescales

Manage all aspects of the renewal process in a timely and structured manner; including data collation and presenting a compelling business case

Maintain high levels of Partner satisfaction through regular communication and establishing strong relationships with all Partners; ultimately ensuring loyalty through the quality of our solutions, the quality of our relationships and the excellent level of responsiveness to their needs

Maintain accurate and appropriate records within the global CRM systems providing timely management information

Support and work with our Success Managers in successfully onboarding Partners once agreements are signed or modified. Activities include working with Marketing and Sales on Communication Plans, ensuring proper content testing and delivery, billing set up and invoicing, Sales Team training, and records management

Assist Regional Head and/or Head of IP Coverage in implementing, adapting, revising and continuing to develop regional revenue and content acquisition strategy

Work with the Sales and Marketing teams to ensure understanding of our content, internally, and that these teams are equipped to talk about our content externally

Work in close collaboration with Legal, Finance, Product and Tech teams to ensure technical feasibility, compliance with Certification requirements, completion of NDAs and Partner suitability evaluations, agreement negotiations, vetting and implementation of demo/trials, and new and on-going record management and reporting

Participate actively in the local Dow Jones office, developing teamwork and cooperation

Required Experience and skills:

Proven successful track record in a relationship management role supporting strategic solutions to major companies

Firm experience in business development with a track record of winning

Strong results orientation to drive to achieve retention and new business goal

Excellent relationship building skills ensuring ongoing industry credibility

Ability to understand and demonstrate the value proposition for the Dow Jones products

Good planning skills and attention to detail to successfully plan and complete annual renewals and to develop and implement longer-term retention strategies

Over 8 years of proven experience in business negotiations and internal/external relationship management (could have been developed in sales, consulting, marketing, business development, financial services)

Strong relationship, interpersonal, and communication skills. Superior organizational skills, with a solution-orientated approach to problems and attention to detail.

Strong presentation skills and ability to convey information using a communication style appropriate to the audience.

Understanding of internet and intranet applications, emerging and web technologies, and industry standards. Understanding of XML and news standards formats.

Commercial awareness of the implications of potential contractual obligations.

Proven experience in managing projects according to deadlines.

Understanding of Dow Jones mission to provide world-class global news and business information and emerging market trends.

High degree of professionalism, adaptability & tenacity

Fluency in regional languages and English essential

Strong negotiation and closing skills

Excellent stakeholder management

In return, we offer a professional, progressive and multicultural environment for you to grow both personally as well as a wide range of benefits offered by a global company.

Dow Jones , Making Careers Newsworthy

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, or disability status. EEO/AA/M/F/Disabled/Vets .

Dow Jones is committed to providing reasonable accommodation for qualified individuals with disabilities, in our job application and/or interview process. If you need assistance or accommodation in completing your application, due to a disability, please reach out to us at TalentResourceTeam@dowjones.com . Please put Reasonable Accommodation" in the subject line.

Business Area: PIB - CORPORATE PARTNERSHIPS

Job Category: Strategy Group

About Us

Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled quality content for more than 125 years and today has one of the worlds largest news gathering operations globally. It produces leading publications and products including the flagship Wall Street Journal, Americas largest newspaper by paid circulation; Factiva, Barrons, MarketWatch, Financial News, DJX, Dow Jones Risk & Compliance, Dow Jones Newswires, and Dow Jones VentureSource.Dow Jones is a division of News Corp (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV).

If you are a current employee at Dow Jones, do not apply here. Please go to the Career section on your Workday homepage and view "Find Jobs - Dow Jones." Thank you.

Req ID: 16537
Estimated annual salary
$82,117
average
Minimum
$64,514
Maximum
$92,197

TASKS

  • Identify, develop, or evaluate marketing strategy, based on knowledge of establishment objectives, market characteristics, and cost and markup factors.
  • Formulate, direct, or coordinate marketing activities or policies to promote products or services, working with advertising or promotion managers.
  • Evaluate the financial aspects of product development, such as budgets, expenditures, research and development appropriations, or return-on-investment and profit-loss projections.
  • Develop pricing strategies, balancing firm objectives and customer satisfaction.

SKILLS

  • Reading ComprehensionUnderstanding written sentences and paragraphs in work related documents.
  • Active ListeningGiving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • WritingCommunicating effectively in writing as appropriate for the needs of the audience.
  • SpeakingTalking to others to convey information effectively.

KNOWLEDGE

  • Administration and ManagementKnowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • ClericalKnowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology.
  • Economics and AccountingKnowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
  • Sales and MarketingKnowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.

Dow Jones

Type

Subsidiary or Business Segment

Size

5001 to 10000 employees

Revenue

$500M to $1B

Location

Monmouth Junction, NJ

Industry

Media

Founded

1882

CEO

William Lewis

Job Filters

Packaging AssistantDow JonesFederal way, Washington
Dow Jones & Co. Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital, mobile and live events. Dow Jones has produced unrivaled...Read more
Customer Service AssociateDow JonesPRINCETON, NJ
Here at Dow Jones we are looking for a Customer Service Associate . We are looking for someone who has a passion for helping people, and truly has a can-do attitude. We are offering a career with a recognized leader in the world of global news and business...Read more
Reporter, MarketsDow JonesNEW YORK, NY
The Wall Street Journal is seeking a reporter to cover financial markets in New York. The reporter will join a team that delivers fast, smart news and thoughtful, long-form explanatory journalism on markets and on the people and forces that influence them...Read more
Reporter, Multiple MediumsDow JonesNEW YORK, NY
The Wall Street Journal seeks reporters with skill in multiple mediums to be part of the inaugural teams of two new departments that are central to the Journal's change initiatives. These reporters will focus on digital-driven content (though their work...Read more
Reporter, InvestigationsDow JonesNEW YORK, NY
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Closed Job Filters

National Correspondent, U.S. News in United States Job Description: The Wall Street Journal is looking for national correspondents to join our U.S. News team. The ideal candidates will identifyRead more
Project AssociateDow JonesNew York City, NY
Dow Jones & Co. Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital,Read more
Page DesignerDow JonesNew York, NY
The page designer is part of a team that will lay out and produce the daily news sections of The Wall Street Journal. The page designer will report to the deputy design chief for news, and underRead more
Marketing Content Strategy LeadDow JonesNew York City, NY
Dow Jones & Co. Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital,Read more
Member Relationship ManagerDow JonesNew York City, NY
Dow Jones & Co. Dow Jones is a global provider of news and business information, delivering content to consumers and organizations around the world across multiple formats, including print, digital,Read more
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