Business Development Manager New London

Business Development Manager New London

London Full-Time 41850 - 51150 £ / year (est.) Home office (partial)
Convera

At a Glance

  • Tasks: Drive sales for innovative payment solutions and build relationships with SMEs.
  • Company: Join Convera, a global leader in commercial payments.
  • Benefits: Competitive salary, performance bonuses, and career growth opportunities.
  • Other info: Dynamic, diverse team with a focus on innovation and inclusion.
  • Why this job: Make an impact in international business while developing your sales skills.
  • Qualifications: 2-5 years in financial services and strong consultative selling skills required.

The predicted salary is between 41850 - 51150 £ per year.

As a global leader in commercial payments that powers international business by moving money with ease, Convera is seeking a Business Development Manager (SME) to drive sales of complex products, hedging solutions, and FX within our London office, supporting sales across The UK.

The Role:

  • We are looking for tenacious, motivated individuals with a competitive mindset to build a pipeline of Small-to-Medium-Sized Enterprises (SME) and achieve new business revenue by addressing their international payments and hedging needs.
  • Leverage your deep understanding of Convera’s value proposition to build a suitable pipeline to attract new clients for our B2B SME division.
  • Achieve Key Performance Indicators (KPI’s) such as revenue setting targets, and report them on a weekly, monthly, and quarterly basis to drive new business through a mix of payment and hedging solutions.
  • Focus on Small-to-Medium-Sized Enterprise (SME) aligning with Partners under the direction of Sr. Business Development Managers (Sr. BDMs), Head of Desk, or Sales Leaders.
  • Proactively seek new business opportunities through cold calls, networking events, referrals, exhibitions, and partnerships.
  • Use sales tools like Salesforce, Highspot, and ZoomInfo to generate leads to create new sales opportunities.
  • Manage the sales cycle up to client onboarding, before transitioning to the client account management team.

Relationship Building & Management:

  • Introduce relevant support functions such as Customer Relationship Management (CRM), Corporate Hedging Manager (CHM), and/or Sales Leaders/Heads of Desk to clients.
  • Build and maintain long lasting client relationships with associated organizations, partners, and advisors of our prospective client.
  • Collaborate with internal teams to build a strong external network of Ideal Customer Profile (ICP) partners.

Negotiations & Contract Management:

  • Influence clients ranging from start-up owners to directors, to C-suite executives of targeted corporations.
  • Ensure contract compliance by working closely with the Compliance team.
  • Ensure client adoption of our services by scheduling regular meetings to discuss and review progress, and own an undertaking of a general “health check” of client’s status.
  • Maintain documentation of all relevant SFDC records (e.g., sales diary, prospect’s next steps, etc.).
  • Work closely with internal teams (i.e., including bid, customer assurance, pre-sales, and customer care) to ensure seamless service delivery.

Reporting & Analysis:

  • Maintain accurate forecasts and knowledge of clients’ currency needs, risks, and opportunities.
  • Perform market analysis and attend industry events.

Basic Qualifications:

  • (2-5) years financial services sector experience in FX (i.e., understanding of financial markets and their instruments).
  • Experience in consultative selling, corporate negotiations, and customer acquisition (including networking events, trade fairs, cold calling, etc.).
  • Strong understanding of bulk payment processing, international payments, accounting systems, and platform integration.
  • Financially astute and proven ability to achieve or exceed KPIs and revenue targets.
  • Ability to work both independently and within a fast-paced team environment.
  • Fluent in English (oral and written).
  • Willingness to attain Level 3 CISI Certificate (i.e., Introduction to securities and investments) and/or Level 4 CISI Certificate (Investment advice diploma) within 6 months of hire.

Preferred Qualifications:

  • Experience in corporate sales or management consulting.
  • Foreign Exchange (FX) knowledge preferred, especially with payments, risk management, and/or hedging solutions.
  • Familiarity with the Miller-Heiman strategic selling framework or similar sales methodologies.
  • Detailed knowledge of the geographical area of reference in terms of banking environment, including established professional networks, competition, and technology suppliers.
  • Bachelor’s degree preferred; MBA is a plus.

About Convera:

Convera is a global leader in commercial payments that powers international business by moving money with ease. We provide tech-led payment solutions to help more than 26,000 customers globally grow with confidence, from small businesses to CFOs and treasurers. As experts in foreign exchange, risk and compliance, with an unrivalled regulatory footprint, Convera’s financial network spans more than 140 currencies and 200 countries and territories.

Our teams care deeply about the value we deliver to our customers, which makes Convera a rewarding place to work. This is an exciting time for our organization as we expand our team with growth-minded, results-oriented people who are looking to move fast in an innovative environment.

As a truly global company with employees in over 20 countries, we are passionate about diversity; we seek and celebrate people from different backgrounds, lifestyles, and unique points of view. We want to work with the best people and ensure we foster a culture of inclusion and belonging.

We offer an abundance of competitive perks and benefits including:

  • Opportunity to earn a bonus (dependent on performance).
  • Great career growth and development opportunities in a global organization.

There are plenty of amazing opportunities at Convera for talented, creative problem solvers who never settle for good enough and are looking to transform Business to Business payments.

Convera requires background checks of all new employees at the appropriate stage of the application procedure, including, in certain countries, the investigation of criminal convictions, in accordance with applicable federal, state and local law. Disclosure of a criminal record will not necessarily disqualify you for employment. Any conviction or guilty plea will be evaluated on its own merit with respect to time, nature, circumstances and seriousness, as well as any other factors required pursuant to applicable federal, state and local law, in relation to the job for which you are indicating interest. However, failure to disclose this information when requested, in accordance with applicable federal, state and local law, will generally result in a disqualification of your application or termination of employment.

Business Development Manager New London employer: Convera

Convera is an exceptional employer that fosters a dynamic work culture in Greater London, where innovation meets collaboration. Employees benefit from comprehensive growth opportunities, competitive compensation, and a supportive environment that values client relationships and proactive engagement. Join us to be part of a team that not only drives revenue growth but also makes a meaningful impact in the evolving world of cross-border payments.

Convera

Contact Details:

Convera Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Business Development Manager New London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Convera. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Business Development Manager New London

Sales Strategy
Consultative Selling
Customer Acquisition
Negotiation Skills
Relationship Management
Financial Services Knowledge
Foreign Exchange (FX) Knowledge

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Convera.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Convera's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Convera

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Convera.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Convera will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Convera employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.