Business Development Officer, Embedded Banking

About Us

How This Role Impacts Live Oak and its People

Live Oak is on a mission to be America’s small business bank, delivering modern financial services that meet customers where they work. As Business Development Officer for Live Oak Embedded Banking, you will be a front-line revenue leader responsible for driving new partner acquisition and accelerating growth across our embedded banking platform.

This is a highly sales-oriented, quota-carrying role designed for a hunter who consistently beats targets and thrives in complex, consultative sales environments. You will own relationships from first conversation through contract execution, partnering closely with product, engineering, and risk teams to bring modern banking capabilities directly into vertical SaaS platforms.

What You’ll Do at Live Oak

Drive revenue and close deals

• Own a quota and consistently deliver against embedded banking revenue targets

• Source, qualify, and close new embedded banking partnerships with vertical SaaS platforms, fintechs, and ecosystem partners

• Lead end-to-end sales cycles, from prospecting and discovery through negotiation, contracting, and launch

Sell value, not just product

• Tailor pitches and solution narratives to specific verticals, using real partner use cases and outcomes

• Run high-impact discovery conversations that uncover partner pain points, growth goals, and monetization opportunities

• Collaborate closely with prospective partners to design solutions aligned to their workflows, customer journeys, and business models

• Lead and coordinate customized demos, proof of concepts (POCs), and pilot programs that clearly demonstrate business value and technical feasibility

• Position Live Oak’s embedded banking capabilities as a strategic growth lever, not just a technical integration

Partner cross-functionally to win and launch

• Work closely with Solutions Engineering, Product, Risk, Compliance, and Legal to move deals forward efficiently

• Help shape deal structures, pricing, and economics that align partner value with Live Oak’s risk and operating model

• Ensure smooth handoff from closed deal to implementation with clear success criteria

Build the pipeline and the brand

• Maintain a healthy, high-quality pipeline through outbound prospecting, referrals, and ecosystem relationships

• Represent Live Oak Embedded Banking at industry events, conferences, and partner meetings

• Provide market feedback to inform product roadmap and go-to-market strategy

• Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC

Required Experience

• 5–7+ years of quota-carrying sales or business development experience with a track record of consistently beating quota

• Proven experience selling software or platform solutions to vertical SaaS companies

• Experience selling to banks and/or operating in highly regulated financial environments

• Deep understanding of banking and technology, including APIs, onboarding/KYC/KYB, funds flow, and compliance

• Strong negotiation skills and comfort closing complex, multi-stakeholder deals

• Exceptional communication skills with both technical and non-technical audiences

Preferred Experience​

• Experience in embedded banking, BaaS, or embedded finance

• Background selling enterprise or platform software tied to SMB customers

• Familiarity with sponsor bank models and third-party risk management

• Existing relationships within fintech, SaaS, or banking ecosystems

• Located in North Carolina

Our Values

• Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.

• Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.

• Respect: Treat everyone with courtesy, politeness, and kindness.

• Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.

• Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more

For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/

Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at HumanResources@liveoak.bank.

EEO is the Law

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.