At a Glance
- Tasks: Engage clients, drive business growth, and manage relationships in the financial trading sector.
- Company: Join CMC Markets, a leading online CFD and spread betting provider since 1989.
- Benefits: Enjoy flexible working options, competitive remuneration, and opportunities for personal development.
- Why this job: Be part of a dynamic team that values innovation and client satisfaction in a fast-paced industry.
- Qualifications: Must have a strong network in the CFD/FX sector and a passion for financial markets.
- Other info: This role may require evening and weekend commitments for client relationship management.
The predicted salary is between 36000 - 60000 £ per year.
Since launching in 1989, CMC Markets has become one of the world's leading online CFD and financial spread betting providers, with nearly 70 million trades executed annually across Europe, Asia Pacific and North America. CMC Markets’ success is founded on its ability to deliver a wide range of trading products to customers, from single equities to indices, currencies and commodities.
The role of an Account Executive is to provide a continuous daily mix of exceptional relationship management, business development as well as provide execution services and risk management to a self-directed portfolio of clients. These clients will be nurtured through your own network via the multitude of sales and marketing activities made available to you by CMC Markets. By achieving this high level of service, the desired aim is to maximise client retention, along with growing and improving CMC’s business through a mix of client referrals and networking. CMC Markets boasts a leading position for premier services of its type in the UK retail derivatives industry.
ROLE AND RESPONSIBILITIES- Business Development
- Develop and initiate a self-directed business strategy to grow retail and institutional trading volumes for the London, French or Italian offices.
- Leverage your current contacts to immediately generate revenue for CMC by promoting our CFD / Spread Bet offering.
- Follow up on all prospective leads, explaining USPs in order to optimise CMC’s position in the marketplace.
- Develop, build and maintain strong relationships with your existing clients.
- Drive the growth of your own client book through a leading edge proposition.
- Proactively enhance business through client referrals, networking, and industry contacts.
- All client leads to be your own, and subsequent remuneration to be based on your own client activity.
- Attend sales events for clients/prospects as required.
- Work with the rest of the local teams to input and help drive the acquisition, retention and increased trading activity for all your clients.
- Account Management
- Provide pro-active end to end, high quality relationship management to your client book.
- Assist team members in analysing and understanding CMC Markets’ USPs and those of our competitors in order to optimise the Company’s position in the marketplace.
- Identify and realise opportunities to educate clients on our products and range of services.
- Take full ownership for owning and driving an excellent client experience through all touch points in the client lifecycle.
- Execute retention plans to maximise the client life cycle.
- Ensure that we provide a clear, fair and consistent high quality service that presents a professional and positive image of CMC Markets.
- Willingness and commitment to entertain clients both in one to one and hospitality events.
- Product Management
- Be the product and platform expert for both internal and external stakeholders.
- Collaborate across CMC to ensure that all clients’ requirements are identified and relevant IT and trading platform solutions are offered.
- Educate clients on the use of CMC’s platform, systems and trading processes to ensure maximum client satisfaction.
- Media
- Ad-hoc media commentary may be required, both written and verbal.
- Provide insightful, directed and knowledgeable market commentary for PR purposes.
- Compliance
- Understand and adhere to local and global compliance guidelines and relevant regulations for the jurisdiction of operation.
- Maintain personal/professional development to meet the changing demands of the role.
- Have already built great contacts within the CFD/FX sector.
- Have a portable client base - essential.
- Be able to demonstrate a keen interest and understanding of the financial markets and industry.
- High degree of self-motivation and ambition.
- Proactive, positive and flexible approach to teamwork.
- Strong ability to sell.
- Hard working individual with a real passion for talking to people about derivatives trading and other margin trading products.
- Knowledge and awareness about our competitors within the CFD sector.
- Commercial awareness to identify good leads and business opportunities for partnerships.
- Have strong experience in financial sales, with experience of dealing with companies within the CFD sector.
- Be extremely motivated with great attention to detail.
- Be highly articulate, both in person and in writing, with the ability to communicate with and sell to clients of differing backgrounds.
CMC Markets is an equal opportunities employer and positively encourages applications from suitably qualified and eligible candidates regardless of gender, sexual orientation, marital or civil partner status, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.
Contact Detail:
CMC Markets Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Account Executive - CFDs & Spread Betting
✨Tip Number 1
Network actively within the CFD and financial trading community. Attend industry events, webinars, and local meetups to connect with potential clients and other professionals. Building relationships in this sector can lead to valuable referrals and insights.
✨Tip Number 2
Stay updated on market trends and competitor offerings. This knowledge will not only help you in conversations with clients but also position you as a trusted advisor. Use this information to tailor your approach and highlight CMC Markets' unique selling points.
✨Tip Number 3
Leverage social media platforms like LinkedIn to showcase your expertise and connect with potential clients. Share insightful content related to CFDs and spread betting to establish yourself as a thought leader in the industry.
✨Tip Number 4
Prepare to demonstrate your product knowledge during interviews. Familiarise yourself with CMC Markets' platform and services so you can confidently discuss how they meet client needs and differentiate from competitors.
We think you need these skills to ace Account Executive - CFDs & Spread Betting
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in financial sales, particularly within the CFD/FX sector. Emphasise your existing client base and any successful business development strategies you've implemented.
Craft a Compelling Cover Letter: In your cover letter, express your passion for derivatives trading and your understanding of the financial markets. Mention specific examples of how you've built relationships and generated revenue in previous roles.
Showcase Your Skills: Clearly outline your skills that align with the job description, such as relationship management, proactive client engagement, and your ability to educate clients on products. Use concrete examples to demonstrate these skills.
Research CMC Markets: Familiarise yourself with CMC Markets' offerings and their position in the market. This knowledge will help you articulate how you can contribute to their success and enhance their client relationships during the application process.
How to prepare for a job interview at CMC Markets
✨Know Your Products Inside Out
As an Account Executive, you'll need to be a product expert. Make sure you understand CMC Markets' CFD and spread betting offerings thoroughly. Be prepared to discuss how these products work and their unique selling points during the interview.
✨Leverage Your Network
Since having a portable client base is essential, come ready to discuss your existing contacts in the CFD/FX sector. Highlight how you plan to leverage these relationships to generate revenue for CMC Markets.
✨Demonstrate Your Sales Skills
Prepare to showcase your sales experience and success stories. Be ready to explain how you've previously developed client relationships and driven business growth, as this role heavily relies on your ability to sell and retain clients.
✨Show Your Passion for Financial Markets
Express your genuine interest in financial markets and derivatives trading. Share insights or recent trends you've noticed in the industry to demonstrate your knowledge and enthusiasm, which will resonate well with the interviewers.