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For Companies At a Glance
- Tasks: Join us as a Business Development Representative to drive growth and engage with potential clients.
- Company: Insightful Technology leads in innovative compliance solutions for financial institutions worldwide.
- Benefits: Enjoy a competitive salary, uncapped commission, training, and career growth opportunities.
- Why this job: Make a real impact in a fast-paced environment while collaborating with a supportive team.
- Qualifications: A degree or 6 months in sales, preferably in SaaS or FinTech, is ideal.
- Other info: Educational stipend available to support your learning journey.
The predicted salary is between 24000 - 42000 £ per year.
We’re looking for a Business Development Representative (BDR) to join our growing team and play a key role in driving top-of-funnel growth. This is an exciting opportunity to join a company where your efforts directly impact revenue, growth, and market presence.
Qualifications
- Strong communication and sales abilities
- Experience in business development (Nice to have)
- Excellent interpersonal skills
- Ability to work in a fast-paced environment
- Knowledge of regulatory landscape is a plus
- Bachelor's degree in Business or related field
Key Responsibilities
- Prospect and Generate Leads: Identify and research potential customers within the financial markets sector through various channels, including LinkedIn, email, and industry events.
- Qualify Opportunities: Conduct initial outreach to potential clients to understand their compliance challenges, assess their needs, and determine their fit for our software solutions.
- Engage Decision-Makers: Communicate with compliance officers, risk managers, and other stakeholders to create interest and secure meetings for the sales team.
- Collaborate with Sales Team: Work closely with Account Executives to ensure a smooth handoff of qualified leads and maintain clear communication throughout the sales process.
- Maintain CRM Records: Accurately document and track all prospect interactions, ensuring the sales pipeline is updated and organized.
- Meet and Exceed Goals: Achieve daily, weekly, and monthly activity targets, including calls, emails, and scheduled meetings.
About You
We believe the following experience and qualifications will help you excel in this role: You have successfully completed a bachelor's degree and/or have at least 6 months of experience in a sales-related position, ideally within the Software as a Service (SaaS) or FinTech industry (e.g., as a sales representative, working student, or intern).
What we Offer
- Starting Salary: £30,000 OTE: £8,000-£12,000
- Competitive base salary with uncapped commission opportunities.
- Comprehensive training and professional development programs.
- Opportunity to work with a supportive and collaborative team.
- Career growth potential in a fast-paced, high-growth industry.
- Educational Stipend
Company Description
Insightful Technology is a global leader in providing innovative compliance and regulatory solutions for financial institutions and other highly regulated industries. With a focus on helping organisations meet stringent regulatory requirements, mitigate risks, and streamline operations, the company delivers advanced software platforms designed to ensure compliance, reduce operational costs, and protect against financial and reputational harm. The company’s flagship solutions enable secure data capture, management, and real-time monitoring across various communication channels, ensuring businesses stay ahead of evolving regulatory landscapes. Insightful Technology is renowned for its ability to help clients comply with regulations such as MiFID II, GDPR, Dodd-Frank, and other global standards, empowering organisations to maintain transparency and accountability.
Contact Detail:
Insightful Technology Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Representative
✨Tip Number 1
Familiarise yourself with the financial markets sector and the specific compliance challenges companies face. This knowledge will help you engage potential clients more effectively and demonstrate your understanding of their needs.
✨Tip Number 2
Leverage LinkedIn to connect with decision-makers in the compliance and risk management fields. Personalise your outreach messages to show genuine interest in their work and how our solutions can address their challenges.
✨Tip Number 3
Attend industry events and networking opportunities related to FinTech and compliance. Building relationships in person can lead to valuable connections and insights that will aid in your prospecting efforts.
✨Tip Number 4
Stay organised by maintaining accurate records in a CRM system. This will not only help you track your interactions but also ensure you follow up promptly, which is crucial for converting leads into meetings.
We think you need these skills to ace Business Development Representative
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development and sales. Emphasise any specific achievements or metrics that demonstrate your ability to generate leads and meet targets.
Craft a Compelling Cover Letter: Write a cover letter that showcases your communication skills and explains why you're passionate about the role. Mention your understanding of the financial markets sector and how your background aligns with the company's mission.
Showcase Relevant Skills: In your application, clearly outline your interpersonal skills and ability to work in fast-paced environments. Provide examples of how you've successfully engaged decision-makers in previous roles.
Highlight Your Knowledge: If you have knowledge of the regulatory landscape, make sure to mention it. This could set you apart from other candidates and show your potential value to the company.
How to prepare for a job interview at Insightful Technology
✨Research the Company
Before your interview, take some time to understand Insightful Technology's products and services. Familiarise yourself with their compliance solutions and how they help financial institutions. This knowledge will show your genuine interest in the role and help you answer questions more effectively.
✨Prepare for Role-Specific Questions
Expect questions related to business development and lead generation. Be ready to discuss your previous experiences, even if they are from internships or part-time roles. Highlight any relevant skills, such as your ability to engage decision-makers and maintain CRM records.
✨Demonstrate Your Communication Skills
As a Business Development Representative, strong communication is key. During the interview, practice clear and concise responses. Use examples from your past experiences to illustrate your interpersonal skills and ability to work in a fast-paced environment.
✨Show Enthusiasm for Sales Targets
The role involves meeting and exceeding sales goals, so express your motivation to achieve targets. Share any past experiences where you successfully met or surpassed goals, and discuss how you plan to approach this aspect of the job at Insightful Technology.
