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- Tasks: Drive sales and build relationships in the exciting BaaS sector.
- Company: Major fintech company with a global presence and innovative solutions.
- Benefits: Competitive salary, excellent commission, and great benefits.
- Why this job: Be at the forefront of fintech innovation and make a real impact.
- Qualifications: Experience in BaaS, strong sales skills, and a knack for networking.
- Other info: Dynamic role with opportunities for growth in a fast-paced environment.
The predicted salary is between 60000 - 80000 £ per year.
Location: London
Type: Permanent
Salary: £60,000 - £80,000 Per Annum (+ excellent commission + benefits)
Major fin-tech, with offices around the world. The UK head office is in London.
You will be responsible for maximising outbound activity and owning the full end-to-end sales process from prospecting through to onboarding, principally focused on Large & Enterprise opportunities.
The role:
- Create and agree business plan
- Lead from the front - being a key part in taking our Banking as a Service (BaaS) solution to market.
- Implement a strategic sales plan that targets the company's customer base and ensures its strong presence both in the UK and the EEA
- Build, manage and maintain substantial pipeline of qualified opportunities to underpin target achievement
- Execute against agreed business plan and provide weekly and monthly report detailing progress, actions and any changes to meet financial targets
- Monitor sales performance to agreed KPIs
- Ensure effective sales processes from initial contact with prospects to contract signatures
- Work closely with our Marketing & Content team to create sales campaigns
- Present sales reports and forecasts to the MD of BaaS
- Develop and maintain strong client relationships with key prospects
- Identify emerging markets and market shifts while being fully aware of new products and the competitive landscape
- Ability to demonstrate our BaaS solution and services to a high standard to all clients
Experience:
- Strong knowledge of the BaaS space, particularly payment card issuing and processing with an understanding of up-and-coming alternative non-card payment technologies and payment accounts.
- Strong commercial background, with a demonstrable track record in successfully selling value-based processing products to strategic targets.
- Sales experience with demonstrated success at networking, setting appointments, pipeline building, negotiation, closing solution sales and hitting targets
- Demonstrable record of closing new opportunities with Banks or Financial Institutions in the UK and Pan European Payments / Fintech industry experience in creating solutions that meet the needs of the target audience
Business Development Manager - BaaS in London employer: Payments Recruitment
Contact Detail:
Payments Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - BaaS in London
✨Tip Number 1
Get networking! Attend industry events, webinars, and meetups related to BaaS and fintech. It's a great way to meet potential employers and make connections that could lead to job opportunities.
✨Tip Number 2
Showcase your expertise! Create a LinkedIn profile that highlights your experience in the BaaS space. Share articles, insights, or even your own content to position yourself as a thought leader in the industry.
✨Tip Number 3
Practice your pitch! Be ready to explain how you can add value to potential employers. Tailor your approach to each company, focusing on how your skills align with their needs in the BaaS market.
✨Tip Number 4
Apply through our website! We’ve got loads of exciting roles, including the Business Development Manager position. It’s the best way to ensure your application gets seen by the right people.
We think you need these skills to ace Business Development Manager - BaaS in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in BaaS and any relevant sales achievements. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about BaaS and how your skills align with our goals. Let us know what excites you about this opportunity at StudySmarter.
Showcase Your Achievements: When detailing your experience, focus on quantifiable achievements. Did you exceed sales targets? Build a strong pipeline? We love numbers that tell a story about your success!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Payments Recruitment
✨Know Your BaaS Inside Out
Make sure you have a solid understanding of Banking as a Service (BaaS) and the specific solutions offered by the company. Familiarise yourself with payment card issuing, processing, and emerging non-card payment technologies. This knowledge will help you confidently discuss how you can contribute to their goals.
✨Showcase Your Sales Success
Prepare to share specific examples of your past sales achievements, especially in the fintech space. Highlight your experience in networking, pipeline building, and closing deals with banks or financial institutions. Use metrics to demonstrate your success and how it aligns with the company's targets.
✨Craft a Strategic Business Plan
Before the interview, draft a mock business plan that outlines how you would approach the role. Include strategies for targeting large and enterprise opportunities, and be ready to discuss how you would implement this plan effectively. This shows initiative and strategic thinking.
✨Build Rapport with the Interviewers
During the interview, focus on building a connection with your interviewers. Ask insightful questions about their current challenges and how they envision the future of BaaS. This not only demonstrates your interest but also positions you as someone who is keen to collaborate and contribute to their success.