Business Development Director

Business Development Director

Full-Time 80000 - 100000 £ / year (est.) Home office (partial)
10x Banking

At a Glance

  • Tasks: Drive new business opportunities and build relationships across EMEA in the banking tech space.
  • Company: Join 10x Banking, a leader in transforming the financial industry with innovative technology.
  • Benefits: Enjoy 25 days holiday, remote work options, and enhanced parental policies.
  • Other info: We value diversity and inclusivity, ensuring everyone can thrive at 10x.
  • Why this job: Be part of a mission to revolutionise banking and make a positive impact globally.
  • Qualifications: Experience in B2B sales, particularly in banking or FinTech, is essential.

The predicted salary is between 80000 - 100000 £ per year.

We’re on a mission to make banking 10x better.

At 10x Banking (ten-exbanking) we’re transforming the financial industry with our cloud-native core banking platform.

Our talented team has built the world’s first “meta core” – a new category in core banking technology. 10x's platform powers global banks and financial institutions including Chase UK, Old Mutual and Westpac.

We offer a diverse, global community that thrives on innovation and collaboration.

Tackling exciting challenges with the utmost integrity, we aim to make a positive impact through our work for our clients, their customers and the communities we work in.

Be part of something bigger – join us and transform and industry.

About the role

As a Business Development Director, you will be accountable for generating new business opportunities across EMEA, driving sales from initial conversations through to close.

You will own a territory within the EMEA sales region, and be empowered to own this market including work across Marketing, Events and Partner Relations.

You will be responsible for building influence and the 10x brand in market, sourcing new business opportunities and relationships, designing solutions, scoping and negotiating proposals and ultimately, signing business and advancing 10x’s transformational client growth.

What you will do

  • Create and maintain trusted and lasting relationships and influence key decision makers, particularly at C‑suite level
  • Design and execute on a GTM strategy to unlock opportunities in the region
  • Be responsible for building a pipeline across your territory and working with the business development team
  • Run an end-to-end sales process from initiation through to close
  • Quickly understand prospective client’s needs and to competently communicate both the technical and commercial aspects of propositions and run initial demonstrations of the platform
  • Complete discovery workshops to identify pain points and client strategies and align our offering to these
  • Aligning to our sales playbook and managing Hub Spot and CRM effectively
  • Identify and drive sales opportunities and solutions by building relationships and credibility with contacts and clients
  • Maximize available resources and coordinate with the deal teams, to ensure the right people are in the room at the right time
  • Ideally you will have
  • Experience in working in, or across the Core Banking technology space OR experience in selling technology into financial institutions
  • Experience in carrying individual quotas for B2B sales at an enterprise level
  • Extensive end‑to‑end sales experience, with a proven track record of closing deals
  • Knowledge and experience of using enterprise sales methodologies e. g. MEDDPICC, Command of the Message
  • Knowledge and experience of Banking/Fin Tech procurement practices and sales lifecycle processes, typical for selling enterprise platforms into banks
  • A desire to learn and grow your sales experience to the next level
  • Ability to interact at Cx O level and navigate complex sales cycles

Benefits

At 10x Banking, we believe in empowering you to get the job done! Our benefits are here to support you be the best you can be.

  • 25 days of holiday in addition to Bank/Public Holidays (with the option to swap some public holidays for alternative dates such as Diwali or Eid)
  • 1 day off on or around your birthday
  • 4 wellbeing days (1 additional paid day off per quarter, aimed at supporting you to maintain your personal wellbeing)
  • Remote enabled working: scroll down to see the office requirements for this role
  • Enhanced parental policies, including time off for fertility treatment
  • Regular social gatherings and affinity groups
  • Work from anywhere outside your typical working location– up to 4 weeks a year
  • Career progression and learning pathways
  • 1 paid volunteering day a year
  • Sabbatical leave
  • Options pool
  • Private health insurance, with the option to add your family
  • Pension scheme
  • Enhanced company sick pay
  • Life Assurance
  • Income Protection
  • Subscription to Headspace wellbeing app
  • Flexible benefits via salary sacrifice
  • Equal opportunities for all

At 10x, we are passionate about our people and are committed to fostering a more diverse and inclusive culture.

We are building a community where every 10xer can bring their authentic self to work and feel empowered to reach their full potential.

Our many employee networks help amplify this vision.

We are committed to ensuring all job applicants are treated equally and fairly and encourage applicants of all ethnicities, race, religion, sex, sexual orientation, gender identity, family or parental status, age, neurodiversity or disability status.

Accommodations

We recognise not everyone is the same.

In fact, we embrace difference.

If you require any form of accommodation during the interview process, please tell us so we can make arrangements to support.

Any information that you provide will be recorded and maintained confidentially.

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Business Development Director employer: 10x Banking

At 10x Banking, we pride ourselves on being an exceptional employer that fosters innovation and collaboration in the FinTech space. Our dynamic work culture encourages continuous learning and professional growth, with ample opportunities for mentorship and skill development, particularly for those in senior roles like the Senior Java Engineer. Located in Greater London, we offer a flexible work environment that balances remote work with in-office collaboration, making it an ideal place for talented individuals to thrive and make a meaningful impact.

10x Banking

Contact Details:

10x Banking Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Development Director

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like 10x Banking. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business Development Director

Business Development
Sales Strategy
Relationship Management
C-suite Engagement
End-to-End Sales Process
B2B Sales
Enterprise Sales Methodologies

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to 10x Banking.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on 10x Banking's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at 10x Banking

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with 10x Banking.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at 10x Banking will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former 10x Banking employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.