About The Position

The Senior Director, Business Development & Partnerships will play a critical leadership role in accelerating Walmart+ member growth by shaping and scaling a best-in-class partner ecosystem. This leader will define and execute the strategy for how external partnerships enhance the Walmart+ value proposition, driving acquisition, deepening engagement, improving retention, and increasing long-term member value. This role sits at the intersection of strategy, deal-making, and cross-functional execution. The Senior Director will work closely with Product, Marketing, Merchandising, Finance, and Operations to define the role of third-party benefits within Walmart+, ensuring the membership consistently delivers compelling, differentiated value and “pays for itself” for members. The ideal candidate will combine strategic vision with strong commercial instincts, identifying high-impact partnership opportunities, structuring and negotiating complex agreements, and building durable, mutually beneficial relationships that align with Walmart’s mission and long-term strategy.

Requirements

  • Extensive experience in strategic partnerships and business development, including structuring and negotiating complex commercial agreements and collaborating with legal counsel.
  • Demonstrated ability to develop and execute an enterprise partnership strategy (beyond individual deal execution) and translate it into measurable member and business outcomes.
  • Strong executive presence and credibility with senior stakeholders (internal and external), with a track record of influencing and aligning cross-functional teams.
  • Financial and commercial acumen, including experience owning significant budgets and evaluating trade-offs to maximize ROI.
  • Experience leading large, cross-functional, and geographically dispersed teams to deliver complex initiatives at scale.
  • Ability to travel up to 20% of the time.
  • Bachelor’s degree in Business, Accounting, Finance, Marketing, or related field and 6 years’ experience in business development, market development, product development, or related area OR 8 years’ experience in business development, market development, product development, or related area.
  • 1 year’s supervisory experience.

Nice To Haves

  • Master’s degree in Business, Finance, Marketing, or a related field.
  • 10+ years of experience in strategic partnerships or business development structuring and negotiating complex agreements, including interpreting legal documents and work with attorneys to complete agreements.
  • Experience negotiating complex agreements and finding win-win solutions.
  • Experience owning significant budget, financial, or P&L responsibility, including evaluating trade-offs to maximize return on investment.
  • Demonstrated success leading large, cross-functional, and geographically dispersed teams to deliver complex business initiatives at scale.
  • Experience setting and executing enterprise business development or partnership strategy, not solely individual deal execution
  • Background working with sales, marketing, and product organizations to drive adoption, usage, and performance of externally sourced offerings.
  • Proven ability to operate effectively with executive and C‑level stakeholders, both internally and externally
  • Travel up to 20% of the time, including regular trips to Bentonville, AR.
  • Preparing and executing budgets
  • Sales
  • Working on cross-functional teams or projects
  • Masters: Business Administration

Responsibilities

  • Lead and set the strategic direction for benefits partnerships that accelerate Walmart+ member growth, aligning initiatives to business objectives, customer needs, and long-term value creation.
  • Own the end-to-end lifecycle of complex, high-impact partnerships—from identifying opportunities and building business cases to structuring commercial constructs, leading negotiations, and scaling execution.
  • Serve as the senior executive owner for third-party partner relationships, ensuring partners deliver on contractual commitments and performance expectations while driving customer value and mutual outcomes.
  • Sponsor cross-functional collaboration across Product, Engineering, Marketing, Legal, Finance, PR, and Partner Management to launch differentiated member offerings and integrate them into the broader Walmart+ ecosystem.
  • Drive the creation and approval of partnership business cases by incorporating financial forecasts, customer impact, operational feasibility, and risk assessments to inform executive decision-making.
  • Oversee financial performance and value realization for benefits partnerships, including evaluating ROI, managing trade-offs, and identifying opportunities to optimize or evolve offerings over time.
  • Identify, assess, and help mitigate commercial, operational, and reputational risks associated with external partnerships by partnering closely with Legal, Compliance, and Finance.
  • Build, develop, and scale a high-performing business development team through coaching, strategic guidance, and succession planning to ensure sustained organizational capability.

Benefits

  • At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet.
  • Health benefits include medical, vision and dental coverage.
  • Financial benefits include 401(k), stock purchase and company-paid life insurance.
  • Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting.
  • Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.
  • You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes.
  • The amount you receive depends on your job classification and length of employment.
  • It will meet or exceed the requirements of paid sick leave laws, where applicable.
  • For information about PTO, see https://one.walmart.com/notices.
  • Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities.
  • Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates.
  • Tuition, books, and fees are completely paid for by Walmart.
  • Eligibility requirements apply to some benefits and may depend on your job classification and length of employment.
  • Benefits are subject to change and may be subject to a specific plan or program terms.
  • For information about benefits and eligibility, see One.Walmart.
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