Business Development Manager - Financial Services in London

Business Development Manager - Financial Services in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Drive new client acquisition and expand our mid-market portfolio in financial services.
  • Company: Join Avanade, a leading global Microsoft partner with a vibrant culture.
  • Benefits: Enjoy competitive pay, extensive training, and a supportive work environment.
  • Other info: Be part of a diverse team focused on growth and collaboration.
  • Why this job: Make a real impact by shaping the future of financial services with innovative solutions.
  • Qualifications: Proven sales experience, especially in IT solutions and the Microsoft ecosystem.

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

In support of our continued growth journey, we need to capitalize our capabilities and have identified the need to further expand our sales team as a priority area for growth. Our aim is to grow our net new customer acquisition and core business through increased sales focus, driving the growth strategy and delivering sales and revenue targets. As a Sales Lead, you will be instrumental in ensuring we achieve these objectives.

The FS sales role will be focused across all sectors for origination of new logos into the business. Your focus will be on the mid-market – outside of the larger banks, investment houses and insurance brokers we have seen huge growth in the smaller enterprises and your role will be to target and expand this segment.

This is an important role with wide-ranging and often complex responsibilities, which call for a depth and breadth of business knowledge beyond the business development discipline. You will be capable of developing long-lasting customer relationships at a senior level and gaining referrals with new accounts. As a Sales Lead, you will have a deep understanding of the needs of the various sales channels and will leverage your experience to maximize return and drive value.

You will be responsible for working in our direct to market channel (working with Microsoft and our other partners) and have a demonstrable and proven track record in new business experience, in acquisition of white space accounts for the industry. With previous, solid consulting services sales experience and a flair for closing deals, you will thrive working with colleagues in a wider team using innovation and exciting customers with your enthusiasm. Your strong connections and your tenacity to be an assertive partner, along with your background in high value solutions across the full Microsoft stack services (from advisory services, system integration, to managed services) will attest to your credibility with senior partners and clients.

You will have the opportunity to be able to support, shape and grow our FS business within a global company; one who is also the Microsoft® #1 Partner globally.

Day to day, you will:

  • 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.
  • Be accountable and have solid experience managing the full sales life cycle from origination of opportunities through to contracting and closure.

Skills and experiences

You must have extensive experience in selling solutions and are experienced in selling large scale multiyear solutions; working with customer teams to identify opportunities from lead generation to closing deals. You will have in-depth knowledge and experience of the Microsoft eco-system; its channels and how to optimise Avanade’s engagement and success. You will have experience and knowledge of the managed service landscape within the UK.

This role is 90% focused on acquiring net-new clients and logos, and you will need to have demonstrable experience of:

  • Identifying and completing market research on new client targets for the FS sector.
  • Creating and delivering a contact and origination plan against identified target customers.
  • Proactive and practical, you will be adept at assessing customer requirements, and selecting appropriate methods to fulfil them leveraging sales leadership and the Solution Area leads and specialists across the UKI business.
  • You will be skilled at settling priorities, establishing a systematic plan to ensure successful completion, and allocating time and resources effectively.
  • Inside and outside Avanade, your social skills will enable you to use your network to facilitate, develop and influence.

Strong customer interface and presentation skills are needed in this role, together with a mind-set of customer service. A skillful negotiator, you will be confident acting as trusted adviser when dealing with customers’ business needs. Experience selling the Microsoft stack is a significant advantage.

Additionally:

  • Experience working with and selling IT solutions to clients.
  • Experience working with average deal sizes in excess of $250k.
  • Previous experience in working with Microsoft account executives and account teams to drive sales would be highly advantageous.
  • Experience successfully achieving sales targets in excess of $3m+ in year (depending on level).
  • Superior knowledge and experience with sales pipeline management, and sales and revenue quotas.
  • Able to skillfully navigate through negotiation phases at c-suite level.
  • Able to act as a trusted adviser in addressing our customer's business needs.
  • Solid Account Planning skills (utilizing the global standard account plan document).
  • Solid understanding of Avanade solutions, Microsoft products and technology services and of competitive offerings.

Why Avanade. Because there’s no place like this! If you’re a self-starter, an optimist and someone who loves to get things done, you’ll fit right in at Avanade. People who thrive here are motivated, interested in learning and genuinely have a desire to be the best at what they do. If that sounds like you, you sound good to us.

In return, you’ll have access to the latest technology in the Microsoft ecosystem, partnering with some of the biggest and the best companies across the globe and some seriously forward-thinking people to work with to make career-defining things happen.

Enjoy your career. As you bring your skills and abilities to Avanade, you’ll get distinctive experiences, limitless learning, and ambitious growth in return. As we continue to build our diverse and inclusive culture, we become even more innovative and creative, helping us better serve our clients and communities. You’ll join a community of smart, supportive collaborators to lift, mentor, and guide you, and to lean on your expertise. You get a company purpose-built for business-critical, leading-edge technology solutions, committed to improving the way humans work, interact, and live. It’s all here, so take a closer look!

Some of the best things about working at Avanade:

  • Opportunity to work for Microsoft’s Global Alliance Partner of the Year (14 years in a row), with exceptional development and training (minimum 80 hours per year for training and paid certifications).
  • Real-time access to technical and skilled resources globally.
  • Dedicated career advisor to encourage your growth.
  • Engaged and helpful coworkers genuinely interested in you.

A great place to work. As you bring your skills and abilities to Avanade, you’ll get distinctive experiences, limitless learning, and ambitious growth in return. As we continue to build our diverse and inclusive culture, we become even more innovative and creative, helping us better serve our clients and our communities. You’ll join a community of smart, supportive collaborators to lift, mentor, and guide you, but to also lean on your expertise. You get a company purpose-built for business-critical, leading-edge technology solutions, committed to improving the way humans work, interact, and live. It’s all here, so take a closer look!

We work hard to provide an inclusive, diverse culture with a deep sense of belonging for all our employees.

Create a future for our people that focuses on:

  • Expanding your thinking.
  • Experimenting courageously.
  • Learning and pivoting.

Inspire greatness in our people by:

  • Empowering every voice.
  • Encouraging boldness.
  • Celebrating progress.

Accelerate the impact of our people by:

  • Amazing the client.
  • Prioritizing what matters.
  • Acting as one.

Business Development Manager - Financial Services in London employer: Avanade UK Limited Company

Avanade is an exceptional employer that fosters a dynamic and inclusive work culture, providing employees with unparalleled opportunities for professional growth and development. As a Business Development Manager in Financial Services, you will benefit from access to cutting-edge technology, extensive training, and a supportive network of colleagues, all while contributing to the success of a globally recognised Microsoft partner. Join us to thrive in a collaborative environment where your contributions are valued and your career aspirations can be realised.

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Contact Details:

Avanade UK Limited Company Recruitment Team

StudySmarter Expert Advice🤫

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

Tip Number 1

Network like a pro! Get out there and connect with people in the financial services sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. The more connections you make, the better your chances of landing that Business Development Manager role.

Tip Number 2

Showcase your expertise! When you get the chance to chat with potential employers or during interviews, highlight your experience with the Microsoft stack and your success in acquiring new clients. Use specific examples to demonstrate how you've driven sales and built relationships in the past.

Tip Number 3

Prepare for those interviews! Research the company and its culture, especially their approach to business development in financial services. Be ready to discuss how you can contribute to their growth strategy and meet their sales targets. Confidence is key!

Tip Number 4

Apply through our website! We love seeing candidates who are genuinely interested in joining us. Make sure your application stands out by tailoring it to the role and showcasing your passion for driving sales in the financial services sector. Let’s make great things happen together!

We think you need these skills to ace Business Development Manager - Financial Services in London

Business Development
Sales Strategy
Customer Relationship Management
Market Research
Negotiation Skills
Account Planning
Microsoft Ecosystem Knowledge

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in sales, especially in the financial services sector, and showcase your achievements in acquiring new clients. We want to see how you can drive growth!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your skills align with our needs. Be sure to mention your familiarity with the Microsoft stack and your success in building customer relationships.

Showcase Your Sales Achievements:Quantify your successes! Include specific numbers that demonstrate your ability to meet or exceed sales targets. Whether it's revenue generated or new accounts acquired, we love seeing hard evidence of your impact in previous roles.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re proactive and keen to join our team!

How to prepare for a job interview at Avanade UK Limited Company

Know Your Microsoft Stack

Make sure you have a solid understanding of the Microsoft ecosystem and its various solutions. Be prepared to discuss how these technologies can benefit potential clients, especially in the financial services sector. This knowledge will help you demonstrate your credibility and expertise during the interview.

Showcase Your Sales Success

Come armed with specific examples of your past sales achievements, particularly those involving large-scale solutions and new client acquisitions. Highlight your experience in managing the full sales life cycle and how you've successfully closed deals in the past. Numbers speak volumes, so be ready to share your sales targets and results.

Research the Company and Its Clients

Before the interview, take time to research the company and its key clients. Understand their business model, challenges, and how your role as a Business Development Manager can help them grow. This will not only show your interest but also allow you to tailor your responses to align with their goals.

Prepare for C-Suite Conversations

Since you'll be dealing with senior-level clients, practice articulating your ideas clearly and confidently. Prepare for potential questions they might ask about your strategies for acquiring new clients and how you plan to build long-lasting relationships. Being able to navigate these discussions will set you apart from other candidates.