Director, Business Development

 

The Role

Petra is seeking a Vice President or Director of Business Development to lead West Coast strategic sales efforts focused on private equity, credit, and other alternative asset managers. This is a high-impact, client-facing role ideal for a fund finance banker, capital advisory professional, or credit originator looking to leverage their industry knowledge and relationships in a commercial, growth-oriented platform.

The successful candidate will drive Petra’s west coast expansion by sourcing and converting new GP relationships and positioning our services as trusted infrastructure for fund managers.

Key Responsibilities

· Originate and close new business with PE/Credit firms and other alternative asset managers

· Leverage a network of GP CFOs, COOs, and finance leaders to drive pipeline activity

· Build credibility and trust through a deep understanding of fund structures, capital flows, and operational demands

· Collaborate with internal teams to ensure smooth onboarding and long-term client satisfaction

· Represent Petra at industry events and networking forums

· Maintain CRM discipline and report on business development KPIs

 

What You Bring

Qualifications & Experience

· 5–15 years in fund finance, capital advisory, structured credit, or related fields

· Familiarity with subscription line lending, NAV facilities, GP financing, and related liquidity solutions

· Strong understanding of fund operations: capital calls, LP reporting, and fund accounting cycles

 

Skills & Strengths

· Relationship builder with a network across GP finance teams

· Clear and confident communicator — able to translate complex topics into value propositions

· Highly organized and self-directed, with a track record of business development success

· Comfortable managing a pipeline and using CRM tools

 

Salary Range
At Petra Funds Group, we are committed to transparency and equity in our hiring practices. The compensation range for this position is $150,000 - $185,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills.

 

How We Care 

We believe people do their best work when they feel supported — personally and professionally. That’s why we offer a comprehensive benefits package that reflects our commitment to your well-being. Our perks include: 

• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain. 

• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan. * 

• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away. 

• Flexible paid time off to recharge, travel, or take care of what matters most. 

• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.  

• Hybrid work environment that offers flexibility and supports work-life balance. 

• Certified Great Place to Work®, based on direct employee feedback about our culture, trust, and workplace experience. 

*Funded amount is prorated for new hires.