Business Development Manager - Financial Services in London

Business Development Manager - Financial Services in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
3004 Avanade UK Limited Company

At a Glance

  • Tasks: Drive new client acquisition and expand our sales portfolio in the financial services sector.
  • Company: Join a leading tech firm focused on innovative solutions and growth.
  • Benefits: Competitive salary, flexible working options, and opportunities for professional development.
  • Other info: Exciting opportunity for career growth with a focus on mid-market clients.
  • Why this job: Make an impact by building relationships and driving sales in a dynamic environment.
  • Qualifications: Proven sales experience, especially in IT solutions and the Microsoft ecosystem.

The predicted salary is between 60000 - 80000 £ per year.

Overview

Business Development Manager – Financial Services (FS).

In support of our growth, we aim to expand our sales team to grow net new customer acquisition and core business through increased sales focus, driving the growth strategy and delivering sales and revenue targets.

The FS sales role will be focused across all sectors for origination of new logos into the business, with a focus on the mid-market (outside of larger banks, investment houses, and insurance brokers).

This role requires depth and breadth of business knowledge beyond the business development discipline, with the ability to develop long-lasting relationships at a senior level and gain referrals with new accounts.

You will leverage experience to maximize return and drive value through knowledge of sales channels and partnerships.

The role involves working in our direct-to-market channel (working with Microsoft and other partners) and a proven track record in new business, including acquisition of white space accounts for the industry.

Responsibilities

  • Identify and engage with new clients to expand our client portfolio in the mid-market.
  • Identify new sales opportunities across key channels to increase sales volume.
  • Assist management in devising sales plans and strategies.
  • Sell a portfolio of Avanade and/or third-party software products directly to end-user organizations.
  • Specialize in the sale of one or more key technologies in the Microsoft stack including Apps & Infra; Modern Workplace; Data & AI and Security.
  • Generate sales and drive revenue, typically in low-to-medium risk and return sales activities.
  • Lead customer relationships for new accounts.
  • Prospect, acquire, develop and expand business leads.
  • Achieve short and long-term sales growth by increasing cross-selling activities within existing and new accounts.
  • Be accountable for an individual sales target and the full sales lifecycle from origination of opportunities through contracting and closure.

Qualifications

  • Extensive experience in selling solutions and large-scale multiyear engagements; able to work with customer teams to identify opportunities from lead generation to closing deals.
  • In-depth knowledge and experience of the Microsoft ecosystem, its channels, and how to optimize engagement and success.
  • Experience and knowledge of the managed service landscape within the UK.
  • Role is 90% focused on acquiring net-new clients/logos with demonstrable experience in identifying targets and completing market research on new client targets for the FS sector; creating and delivering origination plans against identified target customers.
  • Ability to assess customer requirements and select appropriate methods, leveraging sales leadership and specialists across the UKI business.
  • Strong account planning skills and solid understanding of Avanade solutions, Microsoft products and technology services.
  • Experience selling IT solutions to clients and with Microsoft account executives and account teams to drive sales is highly advantageous.
  • Experience achieving sales targets in excess of $3m+ annually and handling average deal sizes above $250k.
  • Superior knowledge of sales pipeline management, and sales and revenue quotas.
  • Ability to navigate negotiation phases at the c-suite level and act as a trusted adviser to address customers’ business needs.
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Business Development Manager - Financial Services in London employer: 3004 Avanade UK Limited Company

Avanade is an exceptional employer, offering a dynamic work culture that prioritises collaboration and innovation within the Health & Public Sector. Employees benefit from extensive growth opportunities through strategic partnerships with Accenture, allowing for impactful contributions to digital transformation initiatives. With a strong commitment to diversity and inclusion, Avanade fosters a sense of belonging, making it an ideal workplace for those passionate about leveraging Microsoft technologies to drive meaningful change.

3004 Avanade UK Limited Company

Contact Details:

3004 Avanade UK Limited Company Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Development Manager - Financial Services in London

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 3004 Avanade UK Limited Company. 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 Manager - Financial Services in London

Business Development
Sales Strategy
Client Acquisition
Relationship Management
Microsoft Ecosystem Knowledge
Sales Pipeline Management
Account Planning

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 3004 Avanade UK Limited Company.

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 3004 Avanade UK Limited Company'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 3004 Avanade UK Limited Company

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 3004 Avanade UK Limited Company.

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 3004 Avanade UK Limited Company 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 3004 Avanade UK Limited Company 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.