At a Glance
- Tasks: Drive revenue growth by acquiring new clients and managing the full sales cycle.
- Company: Join Bound, a fast-growing fintech revolutionising currency hedging.
- Benefits: Competitive salary, uncapped bonuses, and EMI share options.
- Other info: Work closely with leadership and gain deep knowledge of fintech and FX markets.
- Why this job: Make a real impact in a dynamic environment with rapid career growth.
- Qualifications: 3-5 years B2B sales experience, preferably in finance or SaaS.
The predicted salary is between 50000 - 65000 £ per year.
About Bound
Bound is the FX copilot for fast-growing businesses. When companies earn or spend money in foreign currencies, exchange rate movements can quietly eat into their margins. That's FX risk. Hedging is how businesses protect themselves against it, but traditionally it has meant clunky broker calls, spreadsheets, and opaque pricing. Bound replaces all of that with smart automation and real-time control, making currency hedging simple, flexible, and transparent. We're FCA-regulated, backed by a recent $25M Series A, and trusted by over 200 companies including ManyChat, Paddle, and Tines. We're a small, high-output team based in London. We ship fast, care deeply about craft, and believe the best fintech products feel effortless.
The Role
The Business Development Manager owns new business, from first outreach through to a client's first trade. You'll be responsible for the full acquisition cycle: building pipeline, running discovery, demoing the product, closing the deal, and leading the client relationship through onboarding until they are live and trading. You'll need the commercial maturity to run shorter or longer deal cycles and the credibility to hold a room with a CFO or Treasurer. Once a client completes their first trade, you hand the relationship to the Head of Desk who takes ownership of growth and retention from that point. Your focus is always on the next new logo.
Tasks
- Drive revenue growth by acquiring new logos within our target market, finance teams at scaling, internationally active businesses.
- Develop and manage a pipeline of qualified opportunities, primarily through outbound prospecting and supported by marketing demand generation.
- Conduct effective discovery conversations to identify the real cost of manual FX management for each prospect.
- Run compelling product demos and presentations that clearly articulate why Bound is the right solution.
- Negotiate and close deals, consistently exceeding quota.
- Lead the client relationship through onboarding and to their first completed trade, ensuring a smooth handoff to the Head of Desk.
- Maintain a deep understanding of Bound's product, the FX market, and the challenges facing finance teams managing currency exposure.
- Keep accurate CRM records and contribute to weekly pipeline reviews.
- Pass prospect and customer feedback to the product and leadership teams.
Requirements
- 3-5 years of experience in B2B sales, with a track record of exceeding quota.
- Experience selling to finance stakeholders, CFOs, FDs, Finance Managers, or Treasurers.
- Comfortable running the full sales cycle independently, from cold outreach to close.
- Experience in SaaS, Recruitment, Events or Financial Services sales preferred.
- Highly organised and able to manage multiple deals and priorities simultaneously.
- Strong written and verbal communication, clear, direct, and credible at senior level.
- Always looking for ways to learn and improve.
Benefits
- Rapid growth and funding: we've grown our business significantly and are backed by top-tier investors including Notion Capital and Valar Ventures.
- Wide market impact: our solutions support businesses across multiple sectors, helping them hedge currency risk confidently.
- Culture of excellence: Bound values ambition, curiosity, and collaboration, employees work closely with leadership, take real ownership, and make a tangible impact.
- Exposure and learning: gain deep knowledge of fintech, FX markets, and enterprise sales in a role that accelerates your career.
- Trusted and secure: FCA regulated and ISO 27001 certified, combining innovation with transparency and security.
- Competitive salary, uncapped bonus structure, and EMI share options.
Business Development Manager employer: Bound
Contact Detail:
Bound Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the finance and fintech sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Master your pitch! When you get the chance to chat with potential employers, make sure you can clearly articulate how your experience aligns with their needs. Practice running through your sales cycle story, focusing on how you’ve successfully closed deals and built relationships.
✨Tip Number 3
Showcase your knowledge of the FX market! Employers love candidates who understand the challenges finance teams face. Brush up on current trends and be ready to discuss how Bound’s solutions can help businesses manage currency risk effectively.
✨Tip Number 4
Apply through our website! We’re always on the lookout for passionate individuals who want to make an impact. By applying directly, you’ll ensure your application gets the attention it deserves, and you’ll be one step closer to joining our high-output team!
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Business Development Manager. Highlight your experience in B2B sales and any specific achievements that show you can drive revenue growth and manage client relationships effectively.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about fintech and how your skills align with our mission at Bound. Be sure to mention your experience with finance stakeholders and your approach to closing deals.
Showcase Your Communication Skills: Since strong written communication is key for this role, make sure your application is clear, direct, and free of errors. We want to see that you can articulate complex ideas simply, just like you would in a demo or presentation.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Bound
✨Know Your Product Inside Out
Before the interview, make sure you have a deep understanding of Bound's product and how it addresses the challenges faced by finance teams. Familiarise yourself with the FX market and be ready to discuss how your experience aligns with the solutions Bound offers.
✨Prepare for Discovery Conversations
Practice conducting effective discovery conversations. Think about the questions you would ask a CFO or Treasurer to uncover their pain points regarding manual FX management. This will show your ability to engage with senior stakeholders and understand their needs.
✨Showcase Your Sales Cycle Mastery
Be ready to discuss your experience running the full sales cycle independently. Prepare examples of how you've successfully managed multiple deals and priorities, and highlight any instances where you've exceeded quotas in previous roles.
✨Demonstrate Your Communication Skills
Since strong written and verbal communication is key for this role, practice articulating your thoughts clearly and confidently. Consider doing mock interviews with a friend to refine your pitch and ensure you can convey your ideas effectively to senior-level stakeholders.