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For Companies At a Glance
- Tasks: Generate revenue by identifying companies with foreign exchange risk and building a client portfolio.
- Company: Join a rapidly growing firm specializing in risk management and hedging solutions for commodities and FX markets.
- Benefits: Enjoy a competitive salary with uncapped bonuses and opportunities for international growth.
- Why this job: Be part of a dynamic team that values scalability and innovation in the FX industry.
- Qualifications: Experience in sales or finance is preferred; a passion for commodities and FX is essential.
- Other info: Work closely with various teams, including compliance and technology, to drive business success.
The predicted salary is between 48000 - 80000 £ per year.
Job Description
£60,000 – £100,000 Base with uncapped bonus
The Opportunity
You will be responsible for generating revenue by identifying companies with exposure to foreign exchange risk, be it from commodities business or elsewhere, and building a portfolio of businesses who hedge their FX exposure. Additionally, the salesperson has the opportunity to be exposed to commodity structured products and can generate revenue from these, usually as a result of associated FX business.
About Us
Providing over-the-counter risk management and hedging solutions to organisations with exposure to the commodities and FX markets. In addition, the group offers brokerage services for commodities and equities and structures bespoke financial instruments for their client base.
This firm is a rapidly growing company, with over 50 employees across all divisions.
Background & Purpose
As a strong and growing predominately commodities business, we are looking to replicate its success in the FX industry. Increasing the sales presence in the FX space will give us the opportunity to not only advise and structure OTC hedging solutions for businesses with FX exposure resulting from commodity business, but to reach into sectors outside its traditional client base.
The business is expected to grow quickly and internationally. Importance is placed on business scalability, reach and will be supported extensively from within, across teams ranging from compliance, Trading, Credit and in particular Technology.
Business Development Manager (FX) employer: Taylor Financial Recruitment Ltd
Contact Detail:
Taylor Financial Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager (FX)
✨Tip Number 1
Familiarize yourself with the foreign exchange market and its intricacies. Understanding how FX exposure affects businesses, especially in commodities, will give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the FX and commodities sectors. Attend industry events or webinars to connect with potential colleagues and gain insights into current trends and challenges in the market.
✨Tip Number 3
Demonstrate your ability to build relationships and generate revenue. Prepare examples from your past experiences where you've successfully identified client needs and provided tailored solutions.
✨Tip Number 4
Stay updated on the latest developments in risk management and hedging solutions. Being knowledgeable about innovative financial instruments will show your commitment to the role and the company’s growth.
We think you need these skills to ace Business Development Manager (FX)
Some tips for your application 🫡
Understand the Role: Make sure you fully understand the responsibilities of a Business Development Manager in the FX sector. Highlight your experience with foreign exchange risk and how it relates to commodities.
Tailor Your CV: Customize your CV to emphasize relevant skills and experiences that align with the job description. Focus on your achievements in generating revenue and managing client relationships in the FX or commodities markets.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the FX industry and your understanding of the company's goals. Mention specific examples of how you have successfully identified and built relationships with clients in similar roles.
Highlight Your Network: If you have existing connections in the FX or commodities sectors, mention them in your application. This can demonstrate your ability to leverage relationships for business development.
How to prepare for a job interview at Taylor Financial Recruitment Ltd
✨Understand the FX Market
Make sure you have a solid grasp of foreign exchange markets and the risks associated with them. Be prepared to discuss how these factors impact businesses, especially in commodities, as this will show your potential employer that you are knowledgeable and ready to contribute.
✨Showcase Your Sales Experience
Highlight your previous sales achievements, particularly in generating revenue and building client relationships. Use specific examples to demonstrate how you've successfully identified and approached potential clients, as this role heavily relies on your ability to drive sales.
✨Familiarize Yourself with Structured Products
Since the role involves exposure to commodity structured products, it’s beneficial to understand what they are and how they work. Be ready to discuss any relevant experience you have with these products or similar financial instruments.
✨Emphasize Team Collaboration
This company values teamwork across various departments like compliance, trading, and technology. Prepare to share examples of how you've successfully collaborated with different teams in the past to achieve common goals, showcasing your ability to work well in a growing organization.
