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For Companies At a Glance
- Tasks: Drive growth by identifying new business opportunities and implementing effective sales strategies.
- Company: Join Privalgo, a leader in international payments and FX solutions.
- Benefits: Enjoy a hybrid work environment, continuous learning, and mentorship from industry experts.
- Other info: Collaborative culture with a focus on fun and personal growth.
- Why this job: Be at the forefront of innovation in the payments sector and make a real impact.
- Qualifications: 1+ years in B2B sales; tech or platform sales experience is a plus.
The predicted salary is between 36000 - 60000 £ per year.
About Us
Privalgo provides international payments and FX solutions to a wide range of corporates and high net worth individuals. We specialise in FX optimisation and risk management, mass international payments and treasury solutions; helping our clients forecast more effectively, as well as managing risk and cashflow in complex circumstances. Our technology allows secure payments in over 100 currencies all over the world, and our team of experts provides decades of experience and in-depth market knowledge. Through this marriage of innovative technology with personal relationships, we strive to create the ultimate client experience.
Being a Business Development Manager at Privalgo
As a Business Development Manager at Privalgo, you will be raring to go and at the forefront of driving growth and expanding our market presence. Your role is critical in identifying new business opportunities, and you will always be thinking about strategies that enhance our competitive edge. By leveraging your passion for sales, you will contribute significantly to achieving our revenue targets and supporting the overall success of the company. Your dynamic approach and strategic thinking will be essential in navigating the challenges of a competitive market and positioning Privalgo as a leader in the industry.
You will work as part of a squad where you will be coached and mentored by one of our highly skilled Relationship Managers. They will share industry knowledge and experience to develop your skills and enhance your performance. We are looking for someone who shares Privalgo’s love of continuous learning and always wanting to be and do better. You will also work closely with our Sales Director who will support all of your training and development that will truly set you up for success. Just remember, you will be in the driving seat of your career at Privalgo, and we want you to be proactive about getting what you need.
We are looking for a BDM with a scale-up mindset to come on this journey with us. You’ll be a planner and a do-er, with the hunger to help deliver the ambitious growth we seek. You’ll be a hard-working team player who knows how to have fun along the way. We want someone who always presents solutions rather than problems, thinks why and how, rather than why not, someone who’s not afraid to challenge or have a voice in the pursuit of what is right for Privalgo.
Objectives of the Role
- Revenue Growth: Achieve and exceed sales targets by identifying and securing new business opportunities. Develop and implement effective sales strategies to drive revenue growth and expand market share.
- Market Analysis & Strategy: Conduct thorough market research to identify trends, competitor activities, and emerging opportunities in the FX & payments industry. Develop and execute strategic plans based on market insights to position Privalgo as a leader in the payments sector.
- Pipeline Management: Maintain a robust sales pipeline through effective lead generation, qualification, and follow-up processes. Utilise CRM tools to track sales activities, manage client interactions, and generate detailed reports on sales performance.
- Continuous Learning & Improvement: Stay updated on the latest developments in the payments industry, including new technologies, regulations, and market trends. Proactively seek opportunities to innovate and improve sales processes, ensuring Privalgo remains competitive and agile.
- Best Practice: Uphold and promote best practices within the company, ensuring alignment with industry standards and fostering a positive, collaborative work environment. Ensure compliance with FCA regulations and company policies in all sales activities.
You
A sales professional with a minimum of 1 years experience, ideally, B2B outbound sales. FX experience is not essential. Individuals with tech sales, platform sales, recruitment experience will be of particular interest. You will have a growth mindset, with the resilience, hunger, drive and ambition we need to keep being successful. Confidence is key here, and the pace at Privalgo is fast so you’ll need to ensure you can keep up. We want you to be accountable and hold others accountable too. Lastly, we want you to be your authentic self! Help the FoH function accelerate the rate of growth and development of the business in today’s complex and ambiguous world.
The Hybrid Life
As a FoH team, we are in the office Monday – Thursday. It’s great for us to be united, bond and have fun whilst we work hard and show what we’re made of. We trust you to manage your week and stay responsible for your deliverables and direct reports no matter where you (or they) are.
Business Development Manager in City of London employer: Privalgo
Contact Detail:
Privalgo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly to hiring managers.
✨Tip Number 2
Prepare for those interviews! Research Privalgo and understand their services inside out. Think about how your skills can help them achieve their goals. Practise common interview questions and come up with examples that showcase your sales experience and growth mindset.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in the interviewer's mind. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Business Development Manager position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the Privalgo team. So, get your application in and let’s make this happen!
We think you need these skills to ace Business Development Manager in City of London
Some tips for your application 🫡
Show Your Passion: When writing your application, let your enthusiasm for the role shine through! We want to see your excitement about driving growth and expanding market presence at Privalgo. Make sure to highlight any relevant experiences that showcase your passion for sales.
Tailor Your Application: Don’t just send a generic application! Take the time to tailor your CV and cover letter to reflect the specific skills and experiences that align with the Business Development Manager role. We love seeing candidates who understand our industry and can articulate how they can contribute to our success.
Be Authentic: We want you to be your true self in your application. Share your unique experiences and perspectives that make you stand out. Authenticity is key, so don’t be afraid to show us who you really are and how you can bring value to our team.
Apply Through Our Website: Make sure to apply through our website for the best chance of getting noticed! It’s the easiest way for us to keep track of your application and ensures it lands in the right hands. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Privalgo
✨Know Your Market
Before the interview, dive deep into the FX and payments industry. Understand current trends, key players, and Privalgo's unique position in the market. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to their growth.
✨Showcase Your Sales Strategy
Prepare to discuss specific sales strategies you've successfully implemented in the past. Be ready to explain how you identify new business opportunities and how you plan to drive revenue growth at Privalgo. Use concrete examples to demonstrate your proactive approach.
✨Emphasise Continuous Learning
Privalgo values a growth mindset, so be sure to highlight your commitment to continuous learning. Share instances where you've sought out new knowledge or skills, especially in fast-paced environments. This shows you're adaptable and eager to improve.
✨Be Authentic and Engaging
During the interview, let your personality shine through. Privalgo is looking for someone who can challenge ideas and bring solutions to the table. Engage with your interviewers, ask insightful questions, and show them that you’re not just a fit for the role, but also for the company culture.