At a Glance
- Tasks: Lead business development and build relationships with financial institutions in the UK.
- Company: Join Fiserv, a global leader in Fintech and payments, transforming how money moves worldwide.
- Benefits: Enjoy a dynamic work environment with opportunities for innovation and professional growth.
- Why this job: Make a global impact while working with cutting-edge technology and fostering client relationships.
- Qualifications: Extensive experience in sales or business development within the financial services industry is essential.
- Other info: Fiserv values diversity and inclusion, offering accommodations for individuals with disabilities.
The predicted salary is between 72000 - 108000 £ per year.
Calling all innovators – find your future at Fiserv. We’re Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day – quickly, reliably, and securely. If you want to make an impact on a global scale, come make a difference at Fiserv.
As the VP, Business Development Financial Institutions, you will play a key role in establishing and developing relationships with prospect clients in the UK. You will create meaningful relationships, at all levels in the Financial Institution, but also across other influencers in the business, serve as their primary point of contact, ensure they are up to date regarding Fiserv’s offering and global payment innovation trends, and new opportunities are identified and pursued.
What you will do:
- Develop a strong pipeline of new opportunities with Financial Institutions (cards issuers and/or merchant acquirers) in the UK to offer Fiserv products, mainly our Issuer and Acquirer processing solutions.
- Lead business and technology presentations/pitches, RFx processes and any new opportunity arising from the prospecting activities.
- Liaise with all other Fiserv areas, at all levels in the organization, in configuring optimal technical and commercial proposals for our prospect clients.
- Lead commercial and contract negotiations with prospect clients, and internally, from inception to closing (executive level decision making, technology, operations, compliance, finance and legal stakeholders).
- Develop and maintain strong thought leadership relationships with strategic advisory and IT consulting firms, card schemes, domestic processors, POS manufacturers and, in general, all participants in the cards industry across the value chain.
- Stay current on industry trends and competitive landscape to provide informed guidance to both Fiserv internal areas and prospect clients.
What you will need to have:
- Proven extensive experience in sales, business development, or products in the financial services industry, preferably in the cards space, whether at issuing and/or acquiring banks or technology vendors.
- Proactive and results-driven mindset with a strong degree of resiliency; able to work independently and collaboratively as part of a team.
- Strong problem-solving skills and a customer-centric approach focused on fostering long-term client relationships at all levels.
- Excellent interpersonal and communication skills, capable of building trust internally and with prospective clients while managing clear account-level stakeholder plans.
- Proven track record of meeting or exceeding sales targets, along with excellent organizational skills, attention to detail, and proficiency in Microsoft Office Suite and CRM software.
What you should know about us:
Fiserv is a global leader in payments and financial technology with more than 40,000 associates proudly serving clients in more than 100 countries. As one of Fortune® magazine's "World's Most Admired Companies™" 9 of the last 10 years, one of Fast Company’s Most Innovative Companies, and a top scorer on Bloomberg’s Gender-Equality Index, we are committed to innovation and excellence.
Our commitment to Diversity and Inclusion: We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Vice President of New Business Development employer: Fiserv
Contact Detail:
Fiserv Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Vice President of New Business Development
✨Tip Number 1
Network strategically within the financial services industry. Attend industry events, webinars, and conferences where you can meet key players in the cards space. Building relationships with professionals in this sector can provide valuable insights and potential referrals to help you land the VP position.
✨Tip Number 2
Stay updated on the latest trends in fintech and payments. Follow relevant news sources, blogs, and thought leaders on social media. This knowledge will not only help you in interviews but also demonstrate your passion and commitment to the industry.
✨Tip Number 3
Prepare for role-specific scenarios that may come up during interviews. Think about how you would approach building a pipeline of new opportunities or leading negotiations. Having concrete examples ready will showcase your expertise and problem-solving skills.
✨Tip Number 4
Engage with Fiserv's online presence. Follow their social media accounts, participate in discussions, and share relevant content. This will not only keep you informed about the company but also show your genuine interest in being part of their team.
We think you need these skills to ace Vice President of New Business Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sales and business development within the financial services industry, particularly in the cards space. Use specific examples that demonstrate your success in meeting or exceeding sales targets.
Craft a Compelling Cover Letter: Write a cover letter that showcases your proactive mindset and problem-solving skills. Explain how your experience aligns with Fiserv's mission and how you can contribute to their goals in developing relationships with financial institutions.
Highlight Interpersonal Skills: In your application, emphasise your excellent communication and interpersonal skills. Provide examples of how you've built trust with clients and managed stakeholder relationships effectively in previous roles.
Show Industry Knowledge: Demonstrate your understanding of current industry trends and the competitive landscape in your application. This will show Fiserv that you are well-informed and capable of providing valuable insights to both internal teams and prospective clients.
How to prepare for a job interview at Fiserv
✨Research Fiserv and the Fintech Industry
Before your interview, make sure to thoroughly research Fiserv and its position in the fintech landscape. Understand their products, recent innovations, and how they compare to competitors. This knowledge will help you demonstrate your interest and ability to contribute to their goals.
✨Prepare for Relationship Building Questions
As a VP of New Business Development, relationship management is key. Be ready to discuss your strategies for building and maintaining relationships with clients. Prepare examples of how you've successfully navigated complex stakeholder environments in the past.
✨Showcase Your Sales Achievements
Highlight your proven track record in sales and business development. Be prepared to share specific metrics or examples that illustrate how you've met or exceeded targets in previous roles, particularly in the financial services sector.
✨Demonstrate Problem-Solving Skills
Expect questions that assess your problem-solving abilities. Prepare to discuss scenarios where you've identified client pain points and how you proposed solutions that benefited both the client and your organisation. This will showcase your customer-centric approach.