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For Companies At a Glance
- Tasks: Lead the acquisition of premium merchants for innovative payment solutions.
- Company: Join a dynamic team focused on transforming the payments sector in the UK.
- Benefits: Enjoy a competitive salary with uncapped commission and referral bonuses.
- Why this job: Be part of a high-impact role that drives market expansion and innovation.
- Qualifications: 3+ years in the payments industry with a proven track record in merchant acquisition.
- Other info: Work in a goal-driven environment with opportunities for personal and professional growth.
The predicted salary is between 72000 - 168000 £ per year.
Job Location: London
Salary Range: £120,000 base/year + Uncapped Commission (Top-tier package)
Work Visa: Not provided (Candidates must have legal UK work authorization)
Job Highlights
- High-Impact Role: Lead acquisition of premium merchants (e.g., Selfridges, Marks & Spencer) for payment solutions.
- Compensation: High base + tiered commissions
- Commercially Driven: Ideally brings active merchant relationships or has a demonstrable history of outbound sales success.
Key Responsibilities
- New Business Development: Break exclusivity barriers with leading payment providers. Negotiate strategic deals to capture market share.
- Market Expansion: Target UK e-commerce brands with tech-driven payment solutions. Analyze competitor contracts to identify conversion opportunities.
Must-Have Requirements
- Merchant Network: Proven track record in rapidly acquiring premium merchants (not account management).
- Payment Industry Expertise: 3+ years in acquiring, preferably at top-tier firms.
- Strategic Awareness: Experience navigating exclusivity agreements and identifying commercial opportunities within competitive environments.
- Resilience: Thrive in goal-driven environments with exceptional execution.
- Compliance Awareness: Solid understanding of UK employment law, including non-solicitation clauses and other relevant contractual considerations.
How to Apply?
Click 'Apply' or send your resume to apply@ttukoffer.co.uk with the subject line [Apply to LKL79R79X3]. Refer a friend for this role and earn referral bonuses!
By applying, you acknowledge that TT UKoffer Ltd may process your personal data for recruitment purposes under the lawful basis of legitimate interest. This includes sharing your CV with potential employers. We comply with UK GDPR regulations, and you may request data removal at any time by contacting recruit@ttukoffer.co.uk.
Business Development Director (Acquiring/Payments Sector) employer: TT UKoffer Ltd
Contact Detail:
TT UKoffer Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Director (Acquiring/Payments Sector)
✨Tip Number 1
Network actively within the payments sector. Attend industry events, webinars, and conferences to meet potential contacts and learn about the latest trends. Building relationships with key players can give you an edge when applying for this role.
✨Tip Number 2
Research the companies you want to target, like Selfridges and Marks & Spencer. Understand their payment needs and challenges, and think about how you can present solutions that align with their business goals during interviews.
✨Tip Number 3
Prepare to discuss your previous successes in acquiring premium merchants. Be ready to share specific examples of deals you've closed and how you navigated exclusivity agreements, as this will demonstrate your expertise and strategic awareness.
✨Tip Number 4
Stay updated on compliance issues related to the UK payments industry. Familiarise yourself with relevant laws and regulations, as this knowledge will be crucial in demonstrating your understanding of the market and its challenges during the interview process.
We think you need these skills to ace Business Development Director (Acquiring/Payments Sector)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in business development, particularly in acquiring premium merchants. Use specific metrics to demonstrate your success in outbound sales and any relevant relationships you have in the payments sector.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the payments industry and your strategic awareness. Mention your experience with exclusivity agreements and how you've successfully navigated competitive environments.
Highlight Relevant Experience: In your application, emphasise your 3+ years of experience in the acquiring sector. Provide examples of how you've contributed to market expansion and negotiated strategic deals in previous roles.
Showcase Resilience and Compliance Knowledge: Demonstrate your ability to thrive in goal-driven environments by sharing specific examples of challenges you've overcome. Also, mention your understanding of UK employment law and compliance issues relevant to the role.
How to prepare for a job interview at TT UKoffer Ltd
✨Showcase Your Merchant Network
Be prepared to discuss your existing relationships with premium merchants. Highlight any successful partnerships you've established in the past, as this will demonstrate your ability to bring value to the role.
✨Demonstrate Industry Knowledge
Familiarise yourself with the latest trends and challenges in the payments sector. Being able to discuss recent developments or innovations will show that you are engaged and knowledgeable about the industry.
✨Prepare for Strategic Negotiations
Think about how you would approach negotiating deals with leading payment providers. Be ready to share examples of past negotiations and the strategies you employed to achieve successful outcomes.
✨Understand Compliance and Legal Aspects
Brush up on UK employment law and compliance issues relevant to the payments industry. Being able to discuss non-solicitation clauses and other contractual considerations will demonstrate your strategic awareness and preparedness for the role.
