FX Business Development Manager

FX Business Development Manager

London Full-Time 47000 - 63000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Proactively seek and qualify new clients while delivering excellent customer service.
  • Company: Bibby Financial Services supports SMEs globally, helping them thrive since 1982.
  • Benefits: Enjoy a competitive salary, company car, private healthcare, and flexible benefits.
  • Why this job: Join a fun, fast-paced team that values relationships and empowers personal growth.
  • Qualifications: Proven sales experience, strong numeracy and literacy skills, and a full driving licence required.
  • Other info: Remote role covering London/Essex with opportunities for career development.

The predicted salary is between 47000 - 63000 £ per year.

Bibby Financial Services have an exciting opportunity available for an FX Business Development Manager to join our team. This role is on a full time, permanent basis. In return, you will receive a competitive salary of £55,000 - £60,000 per annum.

We’ve supported small and medium-sized enterprises (SMEs) since 1982 and today we support more than 9000 businesses worldwide. We are proud to help businesses, both big and small to grow and thrive in domestic and international markets.

Why us? We’re in the business of relationships. Whether working together or supporting our clients, that’s what makes us stand out from the crowd. We know our value lies in our brilliant people, it is fast-paced and varied, and we can handle it. We trust each other, take ownership, work flexibly, have fun and deliver for our clients every time. We empower our colleagues to be themselves and grow in the way they want – we believe in them and celebrate their success.

As our FX Business Development Manager, we will reward you and your hard work with:

  • Company car/allowance
  • Competitive commission structure
  • Private healthcare for you and your family
  • Company pension scheme
  • Wide range of flexible benefits, such as gym membership, technology, or health assessments
  • Access to an online wellbeing centre
  • Range of discounts from many businesses
  • 25 days holiday which increases with service and options to buy or sell more

Your responsibilities as our FX Business Development Manager will include:

  • Building and maintaining new and existing relationships with introductory sources for example financial brokers, institute of export, accountants, chambers of commerce, clients etc.
  • Achieving own targets of new deals and GP revenue, for example, by building and maintaining a level of new enquiries; attend networking events and identify and secure opportunities for new business and contacts.
  • Effectively managing the new client process through sourcing leads, prospect calling new leads, conducting sales meetings, with prospective clients; completing compliance procedures for set up; chasing outstanding enquiries and paperwork.
  • Continuously developing knowledge and understanding of the BFS products and services including the specialist products portfolio, invoice finance and Leasing.
  • Continuously developing an in depth knowledge of the foreign exchange industry, clients, competitors, introducers, risks, client industry and markets.
  • Proactively liaising with internal departments such as Marketing, Take-on, Risk and Operations to ensure the smooth transition of new deals from origination through to first trade.

What we are looking for in our ideal FX Business Development Manager:

  • Experience – proven experience of working in a sales related environment.
  • Skills – Numeracy and literacy; IT- Microsoft Office, in particular Excel; planning and organising; Customer service skills and ability to work alone whilst being a team player.
  • Full driving license.

There’s no place quite like BFS and we’re proud of that. It’s all down to our colleagues - they make us the business with which every SME wants to partner.

If you would like to join us, please click ‘Apply’ today to be considered as our FX Business Development Manager – we would love to hear from you!

We’re absolutely committed to being a truly inclusive place to work, where everyone has an equal opportunity to reach their true potential. Let us know if you need adjustments to support you through any stage of the recruitment process.

We reserve the right to close applications early. No agencies, please.

FX Business Development Manager employer: Bibby Financial Services

At Bibby Financial Services, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and personal growth. As an FX Business Development Manager, you will enjoy a competitive salary, a company car allowance, and a comprehensive benefits package, including private healthcare and flexible perks tailored to your needs. Our commitment to empowering employees and celebrating their successes makes us a standout choice for those seeking meaningful and rewarding careers in the heart of London/Essex.
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Contact Detail:

Bibby Financial Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land FX Business Development Manager

✨Tip Number 1

Network actively within the foreign exchange and finance sectors. Attend industry events, webinars, and local meetups to connect with potential clients and partners. Building relationships in these circles can lead to valuable introductions and opportunities.

✨Tip Number 2

Stay updated on the latest trends and developments in the FX market. This knowledge will not only help you in conversations with prospects but also demonstrate your expertise and commitment to the role, making you a more attractive candidate.

✨Tip Number 3

Leverage social media platforms like LinkedIn to showcase your professional achievements and connect with industry leaders. Share relevant content and engage with posts to increase your visibility and establish yourself as a knowledgeable figure in the FX space.

✨Tip Number 4

Prepare for potential interviews by practising your pitch on how you would approach building client relationships and generating revenue. Be ready to discuss specific strategies you've used in the past that align with the responsibilities of the FX Business Development Manager role.

We think you need these skills to ace FX Business Development Manager

Sales Experience
Relationship Management
Customer Service Skills
Numeracy and Literacy
IT Proficiency (Microsoft Office, especially Excel)
Planning and Organising
Lead Generation
Networking Skills
Knowledge of Foreign Exchange Industry
Compliance Knowledge
Communication Skills
Problem-Solving Skills
Team Collaboration
Self-Motivation
Driving License

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in sales and business development, particularly in the financial services or foreign exchange sectors. Use specific examples to demonstrate your achievements and skills that align with the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your background and skills make you a perfect fit for the FX Business Development Manager position, and express your enthusiasm for building relationships with clients.

Highlight Relevant Skills: In your application, emphasise key skills such as customer service, numeracy, and proficiency in Microsoft Office, especially Excel. Provide examples of how you've successfully used these skills in previous roles.

Show Industry Knowledge: Demonstrate your understanding of the foreign exchange industry and the challenges faced by SMEs. This will show the employer that you are not only qualified but also genuinely interested in the sector and their business.

How to prepare for a job interview at Bibby Financial Services

✨Know Your FX Industry

Make sure to brush up on your knowledge of the foreign exchange industry. Understand current trends, key players, and potential risks. This will show your interviewer that you are genuinely interested in the role and have done your homework.

✨Demonstrate Relationship Building Skills

Since the role focuses heavily on building relationships, prepare examples from your past experiences where you've successfully developed and maintained client relationships. Highlight how these skills can benefit the company.

✨Showcase Your Sales Achievements

Be ready to discuss your previous sales targets and how you achieved them. Use specific metrics to quantify your success, as this will help illustrate your capability to meet the expectations of the FX Business Development Manager role.

✨Prepare Questions for Them

Interviews are a two-way street. Prepare insightful questions about the company's culture, growth opportunities, and their approach to client relationships. This not only shows your interest but also helps you determine if the company is the right fit for you.

FX Business Development Manager
Bibby Financial Services
B
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