Business Development Manager in City of Westminster

Business Development Manager in City of Westminster

City of Westminster Full-Time No working from home possible
Crown Agents Bank

Company Description

Crown Agents Bank Crown Agents Bank is a rapidly growing, regulated UK bank connecting emerging and frontier markets to the world through innovative FX and payments technology. Our mission is simple: reduce friction so more money reaches those who need it. For over 200 years we\'ve built trusted networks across hard-to-reach markets. Today, we pair that heritage with digital innovation to support fintechs, corporates, governments, development organisations and banks with cross-border payments and FX solutions.

Role Purpose

Reporting to Head of MMB & NBFI, your purpose is to build and maintain a portfolio of Banks / NBFI clients in developed markets targeting long-term business growth and profitability. To expand and strengthen the firm\'s relationships, form strategic alliances and partnerships to expand the company\'s capabilities and market presence.

Responsibilities

  • Build on working knowledge of the relevant products (FX, payments, correspondent banking, trade finance, derivatives and other banking products), to become a subject matter expert in the products relevant to your segment.
  • Build and maintain positive relationships with customers, identify opportunities for business growth and increased profitability.
  • Cross-product sales, develop relationships, strategically grow and support clients.
  • Collaborate with Network Management, Marketing and Product teams to develop strategies and align new products/solutions with market needs and client demands.
  • Develop and implement long-term growth strategies to identify new markets and business opportunities, while managing short-term revenue objectives.
  • Represent CAB at conferences and client forums - promoting the bank and its core products and solutions.
  • Generate new sales leads, prospect potential clients, and nurture relationships to convert leads into clients.
  • Prepare and present reports on business development activities, performance metrics, and market insights.
  • Keep informed about industry trends, competitor landscape, and market dynamics to adapt strategies to new market conditions.
  • Interpret market data, spot trends, and make data-driven decisions.
  • Practice excellent conduct risk management and comply with all relevant regulatory requirements to ensure fair treatment of clients.

Qualifications

  • Proven experience in client facing sales to Financial Institutions
  • Track record of sales success; able to demonstrate where targets were achieved / exceeded
  • Ability to source leads, find opportunities, create, build and manage a pipeline
  • Commercially driven with a market focused network
  • Driven to succeed individually while also motivated to work as part of a global sales team
  • Leadership qualities demonstrated in driving product, brand and team development
  • Clear understanding of foreign exchange, markets and how to sell FX
  • Understanding of the payment market, leading FI\'s, types of payments and integration capabilities
  • Experience of derivatives is an advantage
  • Understanding of money markets and interest-bearing products forwards, swaps, BaaS, safeguard accounts and regulatory requirements
  • Appetite to work in target driven role at a client and portfolio level
  • Confident in building relationships from cold, attend events, network in the market to build the banks brand and drive to capture market share
  • High level of competency in using excel, PowerPoint and both written, verbal presentation skills
  • Knowledge of customer relationship management (CRM) practices
  • Proven experience of ability to learn new products and concepts
  • Excellent verbal and written communication skills to effectively interact with clients and internal teams
  • Strong analytical and problem‑solving abilities to address customer issues and improve processes
  • Understanding of sales principles and techniques to identify and capitalise on business opportunities
  • A customer‑oriented mindset to prioritise clients\' needs to ensure good client outcomes
  • Ability to work collaboratively with different departments to achieve common goals
  • Flexibility to adapt to changing market conditions and customer requirements
  • Articulate ideas clearly and persuasively, both verbally and in writing
  • Deep understanding of the sector, including trends, challenges, and opportunities

Additional Information

  • Hybrid working
  • Contributory personal pension plan: Minimum: Employee 2% and Employer 7%. Employer matches contributions in 1% increments to a maximum of: Employee 5% and Employer 10%
  • Life Assurance - 4 times annual salary
  • Group Income Protection
  • Private Medical Insurance - this may include cover for partner and or children at company cost. Cover includes Optical, Dental and Audiology
  • Discretionary Bonus
  • Competitive Annual Leave 2
  • Volunteering Days Benefit Hub

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Crown Agents Bank

Contact Details:

Crown Agents Bank Recruitment Team