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VP, Partnerships

Rakuten Rewards
Posted a month ago, valid for 17 days
Location

San Mateo, CA 94497, US

Salary

$157,464 - $293,760 per year

Contract type

Full Time

Health Insurance
Paid Time Off

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Sonic Summary

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  • Rakuten International is seeking a Vice President of Partnerships with a minimum of 12 years of relevant experience in business development or strategic partnerships.
  • The role involves sourcing and scaling high-impact partnerships with Fortune 500 companies across various verticals to drive customer acquisition and revenue growth.
  • Candidates should possess strong negotiation skills and a proven track record in closing complex deals, along with experience working cross-functionally with various teams.
  • The base salary for this position ranges from $157,464 to $293,760 annually, depending on qualifications and experience.
  • The successful applicant will also be eligible for bonuses and a comprehensive benefits package, including health insurance and 401k matching.

Job Description:

About Rakuten International  

Rakuten International is a division of Rakuten Group, Inc., a Japanese global technology leader in services that empower individuals, communities, businesses and society. Headquartered in San Mateo, California with more than 4,000 employees worldwide, the Rakuten International business portfolio includes market leaders in e-commerce, digital marketing, advertising, communications and entertainment. We create products and services that provide exceptional value by aligning members and the businesses that want to engage them in a shared community. 

About Rakuten Rewards

Rakuten is a leading shopping platform that offers Cash Back on purchases from all your favorite brands. By partnering with thousands of brands in apparel, beauty and wellness, dining, grocery, travel, on-demand services, subscription boxes and more, Rakuten helps members save and get more on everyday purchases. Since its founding in 1999, Rakuten has become the largest and most rewarding shopping experience, and its members have earned $4.6 billion in Cash Back just for shopping through Rakuten. For more information, visit Rakuten.com.

*This position may be hirable within other US locations.

JobSummary: 
As Vice President ofPartnerships, youwilldelivergrowthbysourcing, structuring, andscalinghigh-impactpartnershipswith Fortune 500 andotherstrategicallyalignedcompaniesacrossmultipleverticals. You willleverageyourcorporatedevelopmentexpertiseandproventrackrecordincomplexdeal-makingtodeliverpartnershipsthatdrivesignificantnewcustomeracquisition, revenuegrowth, andbusinessinnovation. Thisis a highlyvisibleleadershiprolewiththeopportunitytoshapeRakuten’spartnerecosystemanddelivermeasurablebusinessresults. Thisrolereportstothe CMO, RakutenRewards.  
 
Key Responsibilities: 

  • Define and execute Rakuten’s strategic partnerships roadmap across core and emerging verticals, including retail, travel, financial, lifestyle, technology, grocery, etc. 

  • Lead cross-functional alignment around partnership goals, including GMV, new customer acquisition, co-marketing, customer expansion and retention, and product integration.  

  • Influence product and marketing strategies with insights from the partnership ecosystem 

  • Identify, evaluate, and close high-impact deals with Fortune 500 companies and other key partners that align with Rakuten’s customer base 

  • Lead all aspects of the deal lifecycle-from sourcing and pitch through negotiation, contracting and onboarding 

  • Create innovative value exchange models, including loyalty integrations, data sharing, co-branded programs, media swaps, card linking, platform integrations, and cultural moments  

  • Ensure Rakuten has effective partnerships across the different stages of the customer journey 

  • Drive incremental GMV, new customer acquisition, existing customer expansion, and improved customer acquisition cost (CAC) through ongoing partner performance management.  

  • Collaborate with marketing, sales, and product teams to develop partner campaigns and user experiences that drive results 

  • Prepare executive-level reporting with key KPIs, OKRs, and business initiatives, adapting strategy as needed. 

  • Build and lead a high-performing team of business development and partner marketing professionals 

  • Foster a culture of ownership, creativity, and data-informed decision making 
    Represent Rakuten at industry events and in senior-level partner conversations  

 
Qualifications: 

  • Relevantexperience in business development, strategic partnerships, or corporate development at a technology, e-commerce, fintech, or loyalty company 
  • Demonstrated success sourcing, structuring, and scaling revenue generating partnerships with Fortune 500 companies and other major brands 
  • Deep expertise and experience negotiating and closing complex, multi-faceted deals across a range of verticals and partnership types 
  • Strong network and negotiation skills in retail, travel, financial services, or performance marketing sectors. 
  • Experience working cross-functionally with product, legal, marketing, sales and data teams 
  • Analytical mindset with a strong grasp of partner economics, LTV, and performance metrics 
  • Excellent communication and relationship-building skills, especially with C-level stakeholders 
  • Leadership experience in building and developing high-performing teams 

 

MinimumRequirements:  

  • 12+yearsof relevantworkexperiencerequired  

  • Bachelor'sDegreeRequired  

  • Master'sDegreePreferred  

 

#LI-CW1

Five Principles for Success
Our worldwide practices describe specific behaviors that make Rakuten unique and united across the world. We expect Rakuten employees to model these 5 Shugi Principles of Success.

Always improve, Always Advance - Only be satisfied with complete success - Kaizen
Passionately Professional - Take an uncompromising approach to your work and be determined to be the best
Hypothesize - Practice - Validate – Shikumika - Use the Rakuten Cycle to succeed in unknown territory
Maximize Customer Satisfaction - The greatest satisfaction for our teams is seeing their customers smile
Speed!! Speed!! Speed!! - Always be conscious of time - take charge, set clear goals, and engage your team

Rakuten provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type. Rakuten considers applicants for employment without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender, gender identity or expression, or any other characteristic protected by federal, state, provincial or local laws.

At the time of posting, Rakuten expects the base compensation for this role to be within the range shown below. Individual compensation will vary based on job-related factors, including the skills, qualifications, and experience of the successful candidate as well as business need and geographic location. The successful applicant for this role will be eligible for discretionary bonus, health, vision, dental insurance, 401k matching, PTO, Volunteer Time Off (VTO), and other employee benefits as the company implements.

USD $157,464.00 - $293,760.00 annually



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