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NewCold

Senior Business Development Manager

Chicago, IL · On-site

Salary: 145,000 - 155,000 plus bonus Position Overview We are seeking a highly driven Senior Business Development Manager to join our North American team in Chicago. This role is pivotal in expanding ...

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How much do senior business development manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for senior business development manager in the United States is $112,389.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,500.00 and $135,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a senior business development manager?

To thrive as a Senior Business Development Manager, you need expertise in sales strategy, market analysis, relationship building, and typically a bachelor's degree in business or a related field. Familiarity with CRM platforms like Salesforce, sales analytics tools, and knowledge of industry-specific software are commonly required. Exceptional negotiation, leadership, and communication skills set top performers apart in this role. These skills are vital to identifying growth opportunities, closing deals, and driving sustainable revenue for the organization.

What are some typical challenges faced by senior business development managers when entering a new market segment?

Senior Business Development Managers often encounter challenges such as understanding local customer preferences, navigating unfamiliar regulatory environments, and building relationships with new stakeholders. Gaining credible market insights and establishing trust with potential partners can require significant groundwork and adaptability. Success in these situations typically involves thorough market research, leveraging existing networks, and closely collaborating with cross-functional teams like marketing, legal, and product management to tailor strategies for the new segment.
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Senior Business Development Manager jobs near you
Infographic showing various Senior Business Development Manager job openings in the United States as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $112,389 per year, or $54 per hour.

Senior Business Development Manager

Industry Professionals

New York, NY • On-site

$175K - $225K/yr

Full-time

Posted 14 days ago

Job description

Role: Senior Business Development Manager - Law Firm (Merger & Acquisition)

Location: New York, NY (onsite)

Compensation: $175,000 - $225,000 / yr

Key Requirements:

We are hiring a Senior Business Development Manager with over 10 years of experience in business development or marketing initiatives, including 5+ years of management experience at a top-tier Law Firm; and Mergers & Acquisitions (M&A) experience is mandatory.


What You'll Do:

The Senior Business Development Manager will support the overall business development and marketing efforts of the Firm by helping to create and execute strategic activities related specifically to the Mergers & Acquisitions
practice across multiple markets, clients, and geographies.

Develop strategic business development and marketing plans including goals, action items, and deadlines. Advise and collaborate with partners, the Business Development, Marketing, and Communications teams, as well as other internal stakeholders in the development and execution of these plans;

Support the Mergers & Acquisitions key client efforts and work with stakeholders on the development and execution of meaningful strategic business development and marketing initiatives;

Draft and prepare written proposals, pitches, and other communications to clients, prospective clients, and related third party organizations;

Drive content-driven campaign strategy designed to generate new business opportunities;

Collaborate with the global business development team on the identification and pursuit of cross-selling initiatives;

Support the practice's key client efforts and work with colleagues on best practice to ensure the identification, development, and growth of high-value services to key clients;

Plan and oversee seminars, events, and other targeted marketing activities;

Help practice group leaders manage relevant business development budgets;

Collaborate with functional managers on relevant PR, communications, and digital marketing initiatives;

Travel as needed to support initiatives and participate in activities; and

Act as a lead on additional related projects within the Department or Firm as assigned.


What You'll Bring:

Bachelors degree (required) with an emphasis in marketing, law or business (preferred); Advanced degree (preferred);

At least 10 years of professional work experience supporting business development or marketing initiatives at a peer law firm or professional services firm (preferred);

At least 5 years of management experience in a corporate law firm setting or relevant industry setting (preferred); and

Experience supporting Mergers & Acquisitions (required).

Proficiency in MS Office Suite;

Knowledge of technologies, developments, trends and literature related to legal and professional services marketing fields;

Excellent verbal and communication skills, including attention to detail and proofreading;

Solid understanding of the needs and expectations of law firm operations and corporate legal clients in order to function at a strategic level;

Advanced knowledge of marketing principles, procedures, concepts and practical applications;

Fundamental knowledge of networking and relationship management;

Proficiency in team building, management, and leadership skills; and

Fundamental knowledge of legal concepts.

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