At a Glance
- Tasks: Lead and mentor a high-performing sales team while driving new business acquisition.
- Company: Moneycorp is a global leader in FX and International Payments with over 40 years of experience.
- Benefits: Enjoy a competitive salary, private medical insurance, and hybrid work options.
- Why this job: Join a dynamic team and make an immediate impact in a fast-paced environment.
- Qualifications: 8-10 years of sales leadership experience in Foreign Exchange or Financial Services required.
- Other info: This is a full-time, permanent position based in London.
The predicted salary is between 43200 - 72000 £ per year.
Description
Who We Are Moneycorp is a thriving dynamic business with an excellent reputation helping Corporate and Private Clients with their FX and International Payments requirements for over 40 years. As a globally expanding business, our footprint covers UK & Ireland, Europe, USA, Canada, Hong Kong, UAE, and Brazil. With our extremely rare single IBAN multi-currency account, we assist with a variety of different payment needs, including business payment solutions, personal payments abroad, travel money, and the ability to offer interest on deposits. We also support the global supply chain of wholesale banknotes through our Financial Institutions Group (FIG) and partnership with the US Federal Reserve Bank. Through obtaining our own banking and payment licenses, the acquisition of two banking platforms, and access to 16+ liquidity providers, we proposition a trailblazing FinTech payment infrastructure that simplifies our customer’s diverse business needs and reduces their costs. Moneycorp prides itself in attracting some of the world’s top talent, and with 500+ employees, we offer considerable opportunities for growth and endless learning possibilities. Your Next Challenge Moneycorp is seeking an accomplished and strategic Head of Consumer & Retail Sector Sales to lead our growth, enhance client engagement, and strengthen our market positioning across Foreign Exchange treasury solutions. This leadership role will focus on advancing sales execution and building impactful relationships with our clients. As a player-coach, you will lead and mentor a high-performing sales team, fostering their development and elevating their impact. By taking ownership of sector strategy, you’ll provide valuable market insights and collaborate closely across teams to strengthen Moneycorp’s reach and relevance. Role Responsibilities:
- Strategic Sector Leadership
- Develop, implement, and own a sector-specific growth strategy, aligned with broader business objectives.
- Conduct in-depth market and competitor analysis to identify emerging opportunities and strategic trends.
- Drive alignment across cross-functional teams to ensure the sector strategy is integrated with the company’s goals.
- New Business Generation & Relationship Building
- Proactively drive new business acquisition through targeted prospecting and relationship-building.
- Develop and maintain strong relationships with key industry stakeholders and potential partners.
- Leverage sector knowledge to tailor solutions and maximize cross-selling opportunities.
- Team Leadership & Development
- Lead, mentor, and develop a team of sales professionals, promoting a high-performance culture.
- Coach the team on consultative selling techniques to understand client needs effectively.
- Encourage a data-driven approach to sales and teach team members to leverage analytics.
- Set clear performance expectations and provide regular coaching and feedback.
- Foster an inclusive, results-oriented environment where team members are empowered.
- Thought Leadership
- Establish and promote Moneycorp as a trusted leader within the sector by building market presence.
- Represent Moneycorp at key industry events and webinars.
- Develop and share sector-specific content and insights to deepen client relationships.
- Sales Execution & Pipeline Management
- Champion sales excellence by implementing best practices in pipeline management.
- Own the end-to-end sales process for the sector.
- Actively manage and coach the sales team’s pipeline.
- Drive and oversee the sales cycle to secure new deals and maximize revenue.
- Work collaboratively with marketing, product, and operations teams.
- Risk and Credit Management
- Own all risk and credit limit discussions to ensure sector-level deals align with company risk parameters.
- Assess and mitigate potential risks in client engagements.
- Engage with credit, legal, and compliance teams to balance growth opportunities with risk management.
Experience & Qualifications:
- Proven senior-level experience (8-10 years minimum) in sales leadership within Foreign Exchange, Payments, or Financial Services.
- Expertise working with clients in the Head of Consumer & Retail Sector.
- Advanced understanding of foreign exchange and treasury solutions.
- Strong background in navigating complex sales cycles within global markets.
- Strong knowledge of credit and risk management practices.
- Demonstrated ability to develop and execute strategic growth initiatives.
- Experience in building and leading high-performing teams.
- Strong problem-solving skills and adaptability in a fast-paced environment.
- Proven ability to foster and maintain relationships with key industry stakeholders.
The successful candidate will be part of a dynamic team and work in a fast-paced environment, catering to a diverse mix of stakeholders. The ideal candidate should be a self-starter, as there is an opportunity to make an immediate and tangible contribution to the business. Please note: This is a full-time, permanent position with an opportunity to work hybrid within the Sales team based in our London office. What you get in return: This role offers a competitive salary, plus a benefits package including private medical health insurance. Interested? If the role sounds like you, we invite you to upload a copy of your CV by clicking on the Apply Now button. For company news and market insights, visit our News Hub . You can also find Moneycorp on Facebook , Twitter UK , Twitter Americas , Instagram , LinkedIn . Diversity and Inclusion Moneycorp is proud to be an Equal Opportunity employer. Our commitment to inclusion and opportunity continues to evolve as we engage with our diverse teams. All qualified applicants will receive consideration for employment without regard to any characteristic protected by applicable laws. Moneycorp believes that diversity is critical to our success and is committed to creating an inclusive environment that celebrates diversity.
Head of Sales - Consumer & Retail employer: Moneycorp Bank Limited
Contact Detail:
Moneycorp Bank Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Sales - Consumer & Retail
✨Tip Number 1
Familiarize yourself with the latest trends in Foreign Exchange and Payments. Understanding the current market dynamics will not only help you in interviews but also demonstrate your commitment to the sector.
✨Tip Number 2
Network with industry professionals through LinkedIn or relevant industry events. Building relationships with key stakeholders can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience in leading high-performing sales teams. Be ready to share specific examples of how you've developed team members and driven sales success in previous roles.
✨Tip Number 4
Showcase your strategic thinking by being prepared to discuss how you would approach developing a sector-specific growth strategy for Moneycorp. This will highlight your proactive mindset and alignment with their goals.
We think you need these skills to ace Head of Sales - Consumer & Retail
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in sales leadership, particularly within Foreign Exchange, Payments, or Financial Services. Emphasize your achievements in developing growth strategies and leading high-performing teams.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the consumer and retail sector. Discuss how your strategic vision aligns with Moneycorp's goals and how you can contribute to their growth and client engagement.
Highlight Leadership Skills: In your application, emphasize your experience in mentoring and developing sales teams. Provide examples of how you've fostered a high-performance culture and driven results through effective coaching.
Showcase Market Insights: Demonstrate your knowledge of market trends and competitor analysis in your application. Discuss how you have previously identified opportunities and tailored solutions to meet client needs in the financial services sector.
How to prepare for a job interview at Moneycorp Bank Limited
✨Showcase Your Strategic Vision
As a Head of Sales, it's crucial to demonstrate your ability to develop and implement a sector-specific growth strategy. Be prepared to discuss your past experiences in conducting market analysis and how you've identified opportunities that align with business objectives.
✨Highlight Relationship-Building Skills
Emphasize your experience in building strong relationships with key industry stakeholders. Share specific examples of how you've successfully engaged clients and partners, and how you tailored solutions to meet their needs.
✨Demonstrate Leadership and Mentorship
Discuss your approach to leading and mentoring sales teams. Provide examples of how you've fostered a high-performance culture, coached team members on consultative selling techniques, and encouraged a data-driven approach to sales.
✨Prepare for Risk Management Discussions
Be ready to talk about your experience with risk and credit management. Highlight how you've balanced growth opportunities with risk parameters in previous roles, and your strategies for assessing and mitigating potential risks in client engagements.