At a Glance
- Tasks: Build relationships with financial institutions and drive business development in the UK.
- Company: Join Fiserv, a global leader in Fintech and payments.
- Benefits: Competitive salary, diverse workplace, and opportunities for growth.
- Other info: Embrace a culture of innovation and collaboration at Fiserv.
- Why this job: Make a global impact in the fast-paced world of finance and technology.
- Qualifications: Extensive experience in sales or business development in financial services.
The predicted salary is between 72000 - 108000 £ per year.
Calling all innovators – find your future at Fiserv. We’re Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants, and consumers to one another millions of times a day – quickly, reliably, and securely. If you want to make an impact on a global scale, come make a difference at Fiserv.
As the VP, Business Development Financial Institutions, you will play a key role in establishing and developing relationships with prospect clients in the UK. You will create meaningful relationships, at all levels in the Financial Institution, but also across other influencers in the business, serve as their primary point of contact, ensure they are up to date regarding Fiserv’s offering and global payment innovation trends, and new opportunities are identified and pursued.
What you will do?
- Develop a strong pipeline of new opportunities with Financial Institutions (cards issuers and/or merchant acquirers) in the UK to offer Fiserv products, mainly our Issuer and Acquirer processing solutions.
- Lead business and technology presentations/pitches, RFx processes and any new opportunity arising from the prospecting activities.
- Liaise with all other Fiserv areas, at all levels in the organization, in configuring optimal technical and commercial proposals for our prospect clients.
- Lead commercial and contract negotiations with prospect clients, and internally, from inception to closing (executive level decision making, technology, operations, compliance, finance and legal stakeholders).
- Develop and maintain strong thought leadership relationships with strategic advisory and IT consulting firms, card schemes, domestic processors, POS manufacturers and, in general, all participants in the cards industry across the value chain.
- Stay current on industry trends and competitive landscape to provide informed guidance to both Fiserv internal areas and prospect clients.
What you will need to have?
- Proven extensive experience in sales, business development, or products in the financial services industry, preferably in the cards space, whether at issuing and/or acquiring banks or technology vendors.
- Proactive and results-driven mindset with a strong degree of resiliency; able to work independently and collaboratively as part of a team.
- Strong problem-solving skills and a customer-centric approach focused on fostering long-term client relationships at all levels.
- Excellent interpersonal and communication skills, capable of building trust internally and with prospective clients while managing clear account-level stakeholder plans.
- Proven track record of meeting or exceeding sales targets, along with excellent organizational skills, attention to detail, and proficiency in Microsoft Office Suite and CRM software.
Our commitment to Diversity and Inclusion:
Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law.
VP , Business Development Financial Institutions employer: Fiserv
Contact Detail:
Fiserv Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP , Business Development Financial Institutions
✨Network Like a Pro
Get out there and connect with people in the financial services industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised!
✨Showcase Your Expertise
When you get the chance to meet potential clients or employers, make sure to highlight your knowledge of the fintech landscape. Share insights on trends and innovations – it shows you’re not just another candidate, but a thought leader in the space.
✨Prepare for the Pitch
If you land an interview or a meeting, treat it like a pitch. Know Fiserv’s products inside out and be ready to discuss how they can solve specific problems for clients. Tailor your approach to show you understand their needs and how you can help.
✨Follow Up Like a Boss
After any meeting or networking event, send a follow-up message. Thank them for their time, recap key points, and express your enthusiasm for potential collaboration. It keeps you top of mind and shows you’re genuinely interested in building that relationship.
We think you need these skills to ace VP , Business Development Financial Institutions
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the VP, Business Development Financial Institutions role. Highlight your experience in sales and business development within the financial services industry, especially in the cards space. We want to see how your skills align with what we’re looking for!
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 you can make an impact at Fiserv. Be sure to mention specific experiences that demonstrate your ability to build relationships and drive results.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to illustrate how you’ve met or exceeded sales targets in the past. We love seeing concrete evidence of your success!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing candidates who take the initiative to connect with us directly!
How to prepare for a job interview at Fiserv
✨Know Your Fintech Stuff
Make sure you brush up on the latest trends in fintech and payments. Fiserv is all about innovation, so being able to discuss recent developments and how they impact financial institutions will show that you're not just knowledgeable but also genuinely interested in the industry.
✨Build Relationships Before the Interview
Since the role involves establishing relationships with clients, try to connect with current or former employees of Fiserv on LinkedIn. This can give you insights into the company culture and help you understand what they value in a VP of Business Development.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, especially around client negotiations or problem-solving. Think of examples from your past experience where you've successfully navigated similar challenges, as this will demonstrate your capability to thrive in the role.
✨Showcase Your Sales Success
Be ready to discuss your track record in sales and business development. Prepare specific metrics or achievements that highlight your ability to meet or exceed targets, as this is crucial for the VP role. Numbers speak volumes, so don’t shy away from sharing your successes!