At a Glance
- Tasks: Lead business development for Tier 1 and Tier 2 banks in the fintech sector.
- Company: Join Encompass, a fast-growing company revolutionising identity verification for banks globally.
- Benefits: Enjoy flexible working, private medical plans, and participation in share options.
- Why this job: Be part of a dynamic team driving innovation in fintech with a focus on client relationships.
- Qualifications: Proven sales experience in complex cycles, especially within banking and compliance solutions.
- Other info: We value diversity and inclusivity, welcoming applicants from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
Business Development Director – UK & Ire
Department: CRO
Employment Type: Full Time
Location: London
Description
Encompass enables fast, accurate identity validation and verification of corporate customers, and a gold standard approach to KYC. Our award-winning corporate digital identity (CDI) platform incorporates real-time data and documents from authoritative global public data sources and private customer information, to create and maintain digital risk profiles.
Utilising the expertise of a global transformation team of KYC and banking industry experts, as well as strategic data, technology and consulting partnerships, enables seamless integration of Encompass into existing workflows and systems. With Encompass the world’s leading banks improve customer experience and increase business opportunities through consistent regulatory compliance and risk mitigation.
With offices in Amsterdam, Glasgow, London, New York, and Sydney, we are a rapidly growing international company offering a chance to be part of our success – read on if you think you’re up for the challenge
About the role
As a Business Development Director, you will take a leadership role in securing new logo deals with Tier 1 and Tier 2 banks, focusing on high-value enterprise sales within the fintech space. The ideal candidate will have a proven ability to close complex deals, exceed quotas, and develop long-term client relationships.
Key Responsibilities:
- Achieve New Business Revenue Targets: Consistently meet or exceed a quota of £1m–£1.5m within an assigned territory.
- New Logo Acquisition: Focus on securing new business by identifying and engaging prospective Tier 1 and Tier 2 banking clients.
- Lead the Sales Process: Take ownership of the full sales cycle — from prospecting through to negotiation and contract close — ensuring a smooth and professional client experience throughout.
- Strategic Account Planning: Create and deliver strategic account plans aligned with client priorities to drive long-term, sustainable growth.
- Pipeline Management: Build and maintain a healthy, well-qualified sales pipeline, enabling accurate forecasting and consistent deal progression.
- Market Expertise: Maintain strong knowledge of the fintech sector to position yourself as a trusted advisor to clients.
- Collaboration and Alignment: Work collaboratively with sales leadership, pre-sales, marketing, product, consulting, and delivery teams to ensure alignment across the sales process and customer journey.
- Ambassadorship: Represent Encompass in client meetings and at industry events, helping to position the business as a leader in the fintech space.
- Sales Tools and Methodology: Effectively use Encompass’s sales tools, processes, and methodologies to support productivity and performance.
Skills, Knowledge and Expertise
- Proven Track Record in Complex Sales Cycles: Demonstrated success navigating 6–12+ month sales processes, involving multiple stakeholders across enterprise clients, specifically selling to global banking institutions
- Deep Market Understanding: Insight into vertical-specific challenges, SaaS buying behaviours, and emerging trends that can influence client needs and buying cycles.
- Regtech/Fincrime: Experience in selling KYC, AML, Risk, or Compliance solutions
- Operational Excellence: Mastery of sales methodologies (e.g., MEDDPICC, Challenger, SPIN), forecasting accuracy, pipeline management, and leading sales team operations.
- Excellent verbal and written communication skills: With a history of engaging and influencing C-level stakeholders.
- Customer-Centric Thinking: Experience building value-based narratives and driving long-term strategic partnerships, not just transactions.
In addition to expertise, we place high value on the core behaviours that define elite performance in sales:
- Be deeply curious – constantly seek to understand the customer, market trends, and your team’s challenges.
- Be accountable – take full ownership of outcomes, both wins and setbacks.
- Be execution-focused – translate strategy into clear actions and drive them through to results.
- Be trustworthy – act with integrity, build confidence with stakeholders, and earn long-term trust.
- Be collaborative – work cross-functionally to align teams and deliver a seamless customer experience.
- Be an inspiring communicator – clearly articulate vision, motivate your team, and influence executive-level stakeholders.
- Be driven to win – bring energy, ambition, and resilience to lead your team in a competitive market.
How to Apply:
If you’re an experienced sales professional passionate about fintech and new business development, we’d love to hear from you. Please submit your resume and a brief cover letter detailing your relevant experience and interest in this role.
Equal Opportunities
We are committed to fostering a diverse and inclusive workplace where everyone feels valued and empowered to thrive. We welcome applications from individuals of all backgrounds, regardless of race, ethnicity, gender, sexual orientation, age, disability, religion, or any other protected characteristic.
If you require any adjustments during the recruitment process to ensure an equitable experience, please let us know.
Join us in creating an environment where everyone can contribute their best work.
*Please note, we are not looking for agency assistance on these roles and will not accept any speculative CVs shared.
We offer a rewarding and challenging place to work, a transparent and collaborative culture and a well rounded benefits package. Below are some of what we currently offer:
- Participation in our industry leading share options scheme
- Private Medical Plan
- 20 days a year Work From Anywhere policy for all staff
- Flexible-first working policy
- Enhanced annual, personal and parental leave schemes.
- Paid volunteering leave programme
- Employer recognition and employee assistance programmes
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Business Development Director - UK & Ire (London) employer: Encompass Corporation
Contact Detail:
Encompass Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Director - UK & Ire (London)
✨Tip Number 1
Network within the fintech community to build relationships with key players in Tier 1 and Tier 2 banks. Attend industry events, webinars, and conferences to connect with potential clients and gain insights into their needs.
✨Tip Number 2
Stay updated on the latest trends in KYC, AML, and compliance solutions. This knowledge will help you position yourself as a trusted advisor during client meetings and demonstrate your expertise in addressing their specific challenges.
✨Tip Number 3
Develop a strong understanding of the sales methodologies mentioned in the job description, such as MEDDPICC and SPIN. Practising these techniques can enhance your ability to navigate complex sales cycles effectively.
✨Tip Number 4
Prepare to showcase your previous successes in closing high-value deals. Be ready to discuss specific examples that highlight your ability to exceed quotas and build long-term client relationships, as this will resonate well with the hiring team.
We think you need these skills to ace Business Development Director - UK & Ire (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in complex sales cycles, particularly within the fintech sector. Emphasise your achievements in securing new business and exceeding revenue targets, as these are key responsibilities for the role.
Craft a Compelling Cover Letter: In your cover letter, detail your passion for fintech and your relevant experience. Use specific examples to demonstrate how you've successfully navigated long sales processes and built strategic partnerships with clients.
Showcase Market Knowledge: Demonstrate your understanding of the fintech landscape in both your CV and cover letter. Mention any insights you have on KYC, AML, or compliance solutions, as well as trends that could impact client needs.
Highlight Core Behaviours: In your application, reflect on the core behaviours valued by the company, such as accountability, collaboration, and being customer-centric. Provide examples of how you've embodied these traits in your previous roles.
How to prepare for a job interview at Encompass Corporation
✨Research the Company and Industry
Before your interview, make sure to thoroughly research Encompass and the fintech industry. Understand their products, services, and recent developments. This will help you demonstrate your knowledge and show that you're genuinely interested in the role.
✨Prepare for Complex Sales Scenarios
Given the nature of the Business Development Director role, be ready to discuss your experience with complex sales cycles. Prepare specific examples of how you've successfully navigated lengthy sales processes and closed high-value deals, particularly in the banking sector.
✨Showcase Your Strategic Thinking
Be prepared to discuss your approach to strategic account planning and how you align client priorities with business goals. Highlight any past experiences where your strategic thinking led to long-term partnerships or significant revenue growth.
✨Demonstrate Collaborative Skills
Collaboration is key in this role, so be ready to share examples of how you've worked cross-functionally with different teams. Discuss how you’ve aligned sales efforts with marketing, product, and consulting teams to enhance the customer journey.