At a Glance
- Tasks: Drive sales for outsourcing services in the banking sector across EMEA.
- Company: Acuity Knowledge Partners, a global leader in financial services outsourcing.
- Benefits: Equity stake, health insurance, flexible retirement plan, and professional subscriptions.
- Why this job: Join a dynamic team and make an impact in the banking industry.
- Qualifications: 8+ years in business development with front office experience in CIB.
- Other info: Opportunity for career growth and extensive client relationship building.
The predicted salary is between 72000 - 108000 £ per year.
Acuity Knowledge Partners is looking for an experienced candidate, based in London, who can sell outsourcing and offshoring services to Corporate and Investment Banks in the EMEA region. You must possess a strong hunting and sales acumen with a good track record of originating, qualifying and closing deals. Prior experience having worked in a Front Office role in CIB is highly desirable.
It is important you have excellent English skills and are comfortable operating in a multi-cultural and diverse environment, European languages as a bonus. The role is based in London, with extensive travelling to build client relationships.
To be successful in this role you should have good knowledge of the financial services landscape, be an originator and develop strong client relationships. Excellent verbal and written presentation skills and strong negotiation skills are essential, as is the ability to build and establish long-term relationships with clients and internal stakeholders.
Acuity’s proposition to Corporate & Investment Banks is driving front and middle office transformation through offshoring (people) and automation (technology). Both the value proposition and the model are widely proven across Corporate and investment banks globally and Acuity is considered a global leader in the field.
This is a quota carrying sales role which involves full sales cycle from originating, pitching the concept, creating pipeline, deal closure and ongoing account management.
KEY RESPONSIBILITIES
- Run high quality Enterprise sales cycles focusing on banks, brokers and advisory firms in the EMEA region.
- Identifying and initiating new sales opportunities by prospecting new clients.
- Leveraging existing client relationships and networks to generate commercial interest.
- Qualification and generating demand from clients and prospects.
- Creating compelling value propositions mapped to client business needs, negotiating and closing complex agreements.
- Assigned quota to be attained through opening new doors in existing book and focus on new logo hunting and cross-selling of offshoring services such as: Investment Banking (M&A, Capital markets and sector/products, LevLending), Credit underwriting & enablement (end-to-end lending process in commercial and corporate banking), Data and Technology services for CIBs.
- Negotiate at the front office MD/COO/CXO level to build a broad vision of outsourcing and associated benefits.
- Ensure complete client coverage by calling upon the support of subject matter specialists and marketing teams at Acuity India.
- Provide accurate forecasts and pipeline information to management.
- Meet established revenue targets, while creating new and enhanced customer relationships and ensuring client satisfaction.
KEY COMPETENCIES
- Minimum Bachelors’ degree (or equivalent) from a leading university.
- Experience of working in the front office in CIB.
- Ability to source, identify and develop new business opportunities.
- Ability to sell on a needs/solutions approach and ability to engage with senior business users, COO’s, CIO’s, Chief Credit Officers, CRO’s, CCO’s and Procurement Managers.
- Ability to influence key decision makers during the full life cycle of the sales process.
- Strong presentation and negotiation skills as well as outstanding client relationship management experience.
- Experience in leading sales efforts, proposal development and closing deals.
BENEFITS
- Equity stake for long-term wins.
- Life Insurance.
- Health Insurance.
- Income Protection.
- Disability Coverage.
- Flexible Retirement Plan.
- Professional Subscriptions.
Director of Business Development-Banking Sales in London employer: Acuity Analytics
Contact Detail:
Acuity Analytics Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Business Development-Banking Sales in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking and finance sector. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. You never know who might lead you to your next big opportunity!
✨Tip Number 2
Practice your pitch! You need to be able to sell yourself just as well as you sell your services. Prepare a compelling elevator pitch that highlights your experience and what you can bring to the table. Make it engaging and memorable!
✨Tip Number 3
Research is key! Before any meeting or call, make sure you know your potential client inside out. Understand their business needs and challenges so you can tailor your approach. This shows you’re not just another salesperson but a partner who can add real value.
✨Tip Number 4
Follow up like a champ! After meetings or networking events, send a quick thank-you note or follow-up email. Keep the conversation going and remind them of your value. And remember, apply through our website for the best chance at landing that dream role!
We think you need these skills to ace Director of Business Development-Banking Sales in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Director of Business Development. Highlight your experience in sales, especially in the banking sector, and showcase any relevant achievements that demonstrate your ability to close deals and build client relationships.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use it to explain your sales strategy, your understanding of the financial services landscape, and how your past experiences align with our needs at Acuity Knowledge Partners.
Showcase Your Communication Skills: Since excellent verbal and written presentation skills are essential, make sure your application reflects this. Use clear, concise language and ensure there are no typos or grammatical errors. We want to see your professionalism right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. This way, we can easily track your application and get back to you quicker. Plus, it shows us you're keen on joining our team!
How to prepare for a job interview at Acuity Analytics
✨Know Your Stuff
Make sure you have a solid understanding of the financial services landscape, especially in relation to Corporate and Investment Banks. Brush up on recent trends, challenges, and opportunities in the sector. This will not only help you answer questions confidently but also show your genuine interest in the role.
✨Showcase Your Sales Acumen
Prepare specific examples from your past experiences where you've successfully originated, qualified, and closed deals. Be ready to discuss your sales strategies and how you've built strong client relationships. Highlight any experience you have in negotiating at senior levels, as this is crucial for the role.
✨Practice Your Pitch
Since this role involves creating compelling value propositions, practice pitching your ideas clearly and persuasively. Tailor your pitch to address potential client needs and demonstrate how your solutions can drive transformation. This will help you stand out during the interview.
✨Cultural Fit Matters
Given the multi-cultural environment, be prepared to discuss how you’ve successfully worked in diverse teams or with international clients. Show that you can adapt your communication style and approach to different cultures, which is key for building long-term relationships in this role.