We are looking for a Business Design Lead to join our team for a potentially long term project. Our partner, a notable U.S. financial institution, has engaged Runyon to stand up a new, independent digital bank as a corporate venture. The proposed banking venture will focus on the middle market. Across three design phases, the project will span discovery through beta launch. Target launch for Phase I of the project is February 6 and will span eight weeks, with possible continuation of the project up to 18 months. This is a remote-friendly position.
At Runyon, Business Designers drive the analysis of the viability of products and ventures, and articulate how optimal business models shape the experience, and vice versa. They consider a series of monetization opportunities, operational considerations as well as the growth implications to scale into market while maintaining a firm understanding of the underlying market dynamics of incumbent position, emergent players and value exchange across key stakeholders in the ecosystem.
This role requires someone who is highly strategic, detail-oriented, and experienced in financial modeling, performing competitive analyses, creating growth strategies and testing value hypotheses and growth hypotheses from low to increasing live fidelity. They have the ability to develop a deep understanding of a partner’s business and translate those into a plan of action. They develop strong relationships and build trust with core decision-makers, both internally and externally.