Cycles

Cycles

Institutional Business Development Lead, Cycles Prime

Remote, New York

Sponsorship not specified$130k-$190kDetected 48 days ago
Business DevelopmentOutbound Sales

About the role

  • You arrive with an existing network of buyers at institutional trading firms.
  • Pick the targets, get the intros, run the meetings.
  • Work the internal stakedholders on their side, negotiate terms, and land new clients.

Responsibilities

  • As Institutional Business Development Lead, you own the pipeline and sales function for Cycles Prime.
  • You build the target list, work the outbound, take the meetings, and push deals to close.
  • As we grow, you hire and build out the BD team, with a path to running Cycles Prime as General Manager.
  • Own the pipeline. Pick the targets, get the intros, run the meetings. Work the internal stakedholders on their side, negotiate terms, and land new clients.
  • Build the BD function. Turn what's working into the playbook for the next hires. Hire and lead the BD team as we scale, then take over as GM with full P&L.

Requirements

  • You have closed real enterprise deals and carried revenue against a quota or pipeline target.

Compensation

  • 20 days (4 weeks) of paid vacation annually, plus 3 Spiritual Days

Company info

  • The Opportunity
  • Crypto trading firms have billions in working capital trapped in bilateral exposures across venues.
  • Cycles Prime frees it.
  • No collateral, no escrow, no new counterparties.
  • We're in pilot with several of the largest trading firms in the market.
  • We're looking for the founding commercial hire to take us from closed beta to a public release with a real pipeline behind it.
  • About Cycles
  • Cycles' mission is to clear the most debt, for the most people, with the least money.
  • We are building a neutral clearing layer that interconnects every settlement network across global financial markets.
  • By optimizing payment and credit flows, Cycles resolves gridlock and improves capital efficiency and liquidity across the financial system.
  • We recently closed a $6.4M round led by Blockchange Ventures, with Coinbase Ventures, Compound VC, and Primitive Ventures participating.
  • Earlier backers include CMCC Global, Maven 11, Nascent, and Cygni.
  • Founded by Ethan Buchman (co-founder of Cosmos), originally incubated by Informal Systems.
  • About Cycles Prime
Apply directly at Cycles →Create a free account for alerts like thisView Cycles immigration profile

This listing is sourced directly from Cycles's careers page and normalized into a canonical job model.