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Business Development Manager - Regulated Banking & Payments

130/1106/107529

Payments Recruitment

£50,000 - £75,000 Per Annum

London, United Kingdom

BACS/Chaps/Swift,Business Development,Sales

Permanent | Full Time

ASAP

06/12/2024

Not specified

Business Development Manager - Challenger Bank - selling payment & clearing solutions into PSP's, EMI's, MSB's, selling safeguarded deposits & banking to professional services firms.

  • London office based, close to Bank station 
  • £50-75k basic + commission, benefits, bonus 

Our client is a high growth scale up challenger UK bank who are focused on providing banking and payment solutions to the professional services markets (including segregated accounts / safeguarded deposits) and providing payments rails and clearing services to EMI's, PSP's & MSB's. They are in a unique position, as a licensed and regulated UK bank, to support the often complex and highly regulated banking needs of this market through their experience & knowledge of the sector. As part of our continued growth & development, we are keen to hire a BDM to join our commercial team.

  • You will help to contribute towards the banks overall goals by identifying, qualifying, reaching out to, negotiating and then closing, signing and helping to onboard new customers to the bank.
  • You will work independently to plan and forecast a business development strategy, ensuring regular contact is maintained & internal systems are updated.
  • You will deliver exceptional customer service, utilising your knowledge of the space to deliver solutions to common challenges faced by target customers.
  • As well as maintaining great relationships with customers & prospects, you will build strong internal networks with risk, compliance and all other colleagues within the bank.
  • You will participate in industry events, networking opportunities and be an active member of the sales & relationship management function.

About you:

  • You are likely to have a minimum 2+ years of sales, business development, account development or relationship management within the payments / banking sector (likely gained from working within a bank, EMI or PSP, or from within a regulated banking environment) 
  • Proven experience of sales success, with a good ability to understand and work compliantly within a heavily regulated environment.
  • You will have a knowledge of the overall payments landscape, including risk, regulation, AML, financial services & banking (SEPA, SWIFT, BACS, CHAPS), virtual & crypto, open banking. 
  • Pro-active, strong work ethic and a great attitude to representing the bank will all be essential keys to success.
  • You must have a knowledge of the regulated banking space and experience of selling relevant products. 
  • You will be a well organised individual, happy to work in a multi-cultural team, with an organised and responsible approach & great communication skills