At a Glance
- Tasks: Lead innovative business development strategies in the financial sector.
- Company: Join RFA, a client-centric technology provider in London.
- Benefits: Enjoy competitive salary, growth opportunities, and a dynamic work environment.
- Why this job: Make an impact in a fast-paced industry while building strong client relationships.
- Qualifications: 10+ years in outside sales with a consultative approach; financial services experience preferred.
- Other info: Work closely with senior leadership and drive company growth initiatives.
The predicted salary is between 43200 - 72000 £ per year.
DIRECTOR OF BUSINESS DEVELOPMENT
Under the direct supervision of the Global Managing Director & CRO, the Director of Business Development is responsible for spearheading RFA’s further innovative expansion into relevant industry segments.
Our ideal candidate will be a strategic, execution-oriented new business development professional with at least 10 years of outside sales experience and a proven track record, in the financial sector, selling IT and Managed Services in a consultative buy-side sales environment. In addition to staying abreast of industry trends, RFA’s competition and best practices, he/she will build and manage new business development initiatives by striving to understand clients’ overall business requirements and technology needs.
As RFA’s Director of Business Development you will meet/exceed quotas and be responsible for developing acquisition strategies which result in a strong client pipeline and increased market share, while promoting RFA’s brand as a client-centric, full-service technology provider.
Responsibilities
- Develop and implement effective client acquisition strategies, targeting decision makers including VP and C-level professionals, within the Financial Service Industry (Asset Management, Hedge Funds, Fund to Funds, Trading, Wealth Management & Brokerage).
- Proactively identify and engage potential clients utilizing various sales methods including cold calling, email, trade shows, and social media.
- Successfully develop and cultivate strong client relationships employing a consultative sales approach.
- Plan and lead sales presentations, effectively demonstrating RFA’s ability to provide valued added solutions-based strategies; clearly articulate RFA’s ability to resolve client issues; demonstrate positive ROI of investment/s when necessary.
- Collaborate across departmental lines to promote outstanding client service, including supporting marketing initiatives by providing client feedback.
- Negotiate contractual terms and conditions including price, payment terms and delivery.
- Collaborate with Sales Operations to prepare and monitor various metrics including quarterly sales projections and market statistics.
- Assist in ensure the weekly reporting is completed by team members and delivered on time
- Develop Company-specific strategies to identify unique needs, while staying abreast of new opportunities to align Company’s future requirements with RFA’s product set.
- Maintain progress, able to balance task completion, track progress and drive assignments to completion while communicates status and issues with the Global Managing Director & CRO.
- Liaise with all relevant business units to secure resources required to complete task/s on time and on budget; work with marketing initiatives by providing relevant client feedback.
- Coordinate, and implement Sales and Marketing plans to meet Company growth objectives.
- Gain a clear understanding of potential clients\’ overall business and IT strategies; effectively communicate to RFA design team to develop solution-based roadmaps addressing client needs.
- Implement, manage and evaluate Sales team processes and procedures, in accordance with the standards and procedures set out by the organization.
- Ensure Sector / Area delivery of marketing initiatives.
Maintain staff by:
- Recruiting, selecting, orienting, and training Employees with Global Managing director & CRO or designated Director;
- Maintaining a safe and secure work environment;
- Developing personal growth opportunities.
Provide leadership for Employee relations through:
- Effective communication of job expectations;
- Planning, monitoring, and appraising job results;
- Coaching, training, counselling, and disciplining employees;
- Developing, coordinating, and enforcing systems, policies, procedures, and productivity standards.
Required Skills
- Bachelor’s degree or equivalent level of experience.
- 10+ years of relevant experience in an outside sales role, in a consultative, solution-based environment.
- Demonstrable track record of success selling in strategic and consultative environments.
- Understanding of Infrastructure Technology and Alternative Asset Market.
- Excellent active listening skills and able to ask relevant questions in order to gather, document and communicate effectively with potential clients and internal project stakeholders
- Able to work on simultaneous projects (multitask) and completing tasks in a timely manner with minimal supervision.
- Strong business, organizational, and verbal and written communication skills.
- Excellent follow through skills and able to cold call when necessary.
- Able to persuade and passionately communicate with excellent public speaking skills.
- Able to communicate with technical and non-technical professionals including VP and C-Level professionals in a clear and concise manner.
- High degree of proficiency with Microsoft Office software (Excel, MS Word, PowerPoint).
- Financial Service Industry experience strongly preferred.
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Director of Business Development employer: RFA, Inc.
Contact Detail:
RFA, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Business Development
✨Tip Number 1
Network strategically within the financial services sector. Attend industry events, webinars, and conferences where you can meet decision-makers and influencers. Building relationships in person can significantly enhance your chances of being noticed for this role.
✨Tip Number 2
Stay updated on the latest trends and challenges in the financial technology space. Being knowledgeable about current market dynamics will allow you to engage in meaningful conversations with potential clients and demonstrate your expertise during interviews.
✨Tip Number 3
Prepare to showcase your consultative sales approach. Be ready to discuss specific examples of how you've successfully identified client needs and developed tailored solutions that resulted in increased business. This will highlight your fit for the role.
✨Tip Number 4
Familiarise yourself with RFA’s products and services. Understanding their offerings will enable you to articulate how you can contribute to their growth and client satisfaction, making you a more compelling candidate for the Director of Business Development position.
We think you need these skills to ace Director of Business Development
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in business development, particularly in the financial sector. Emphasise your consultative sales approach and any achievements that demonstrate your ability to meet or exceed quotas.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with RFA's needs. Discuss your strategic thinking and execution skills, and provide examples of how you've successfully developed client acquisition strategies in previous roles.
Showcase Industry Knowledge: Demonstrate your understanding of industry trends and competition in your application. Mention specific technologies or market changes that are relevant to RFA’s services, showing that you are proactive and informed.
Highlight Leadership Skills: Since the role involves managing a team, be sure to include examples of your leadership experience. Discuss how you've recruited, trained, and developed employees, and how you've fostered effective communication within your teams.
How to prepare for a job interview at RFA, Inc.
✨Research RFA and the Financial Sector
Before your interview, make sure to thoroughly research RFA and its position within the financial services industry. Understand their products, services, and recent developments. This will help you tailor your responses and demonstrate your genuine interest in the company.
✨Prepare for Consultative Selling Questions
Given the role's focus on consultative sales, be ready to discuss your approach to understanding client needs and building relationships. Prepare examples from your past experiences where you successfully identified client requirements and provided tailored solutions.
✨Showcase Your Leadership Skills
As a Director of Business Development, you'll need to lead teams and manage client relationships. Be prepared to share specific instances where you've demonstrated leadership, whether through mentoring team members or driving successful projects.
✨Practice Your Presentation Skills
Since the role involves planning and leading sales presentations, practice articulating RFA’s value proposition clearly and confidently. You might even want to prepare a mock presentation to showcase how you would communicate solutions to potential clients.