Business Development Manager in London
Business Development Manager

Business Development Manager in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Drive business growth by identifying and securing new foreign exchange opportunities.
  • Company: Join Travelex, a leading foreign exchange specialist with a focus on innovation.
  • Benefits: Competitive salary, career development, and a dynamic work environment.
  • Why this job: Make an impact in the finance sector while building valuable client relationships.
  • Qualifications: Proven B2B sales experience and strong communication skills.
  • Other info: Be part of a diverse team committed to customer-centric solutions.

The predicted salary is between 36000 - 60000 £ per year.

Location: Peterborough or London

Contract: Full Time, Permanent

Role purpose: As a Business Development Manager, you will play a pivotal role in the business development team aimed at growing the wholesale bank note client portfolio. Your mission will be to grow our business in new markets, or with new customers and suppliers by identifying, generating, and following up on new foreign exchange business opportunities across agreed vertical markets.

Key accountabilities:

  • Responsible for the entire sales process, from lead generation and identification, through to commercial and contractual discussions, leading to successful onboarding and service launch.
  • Obtain a detailed understanding of our FX service offering and how these add value to prospective new clients and customers, matching our unrivalled service capabilities with prospective client’s requirements and building great relationships.
  • Work closely with internal teams that are SMEs in the market to help shape and ensure proposition, pricing and service capabilities are fit for purpose for the market.
  • Work collaboratively with the product teams to identify new product and service developments and enhancements gained from market information and customer insight.
  • Deliver outstanding, best in class customer service, setting Travelex apart from competitors.
  • Represent Travelex at industry events, conferences and networking opportunities.
  • Represent Travelex at meetings with customers.
  • Achievement of agreed KPI’s and proof of concept criteria and measures.
  • Work collaboratively in sharing best practice with Travelex Global heads and Senior Business Development managers.
  • Manage client relationships effectively using CRM tools.

Role-specific experience and skills:

  • Experience in the full sales cycle from prospecting to closing with proven experience in a B2B sales role.
  • Exceptional verbal and written communication skills, along with the ability to negotiate and close deals effectively.
  • Strong track record of outperformance relative to targeted KPIs.
  • Strong commercial acumen and ability to apply solid commercial judgment.
  • The ability to analyse issues, develop solutions and influence key decisions.
  • Ability to balance risk with reward.
  • Track record of large customer focused sales in a finance environment.
  • Results / target oriented.
  • Resilient and fast paced: You have the ability to work within a fast-paced result driven sales environment.
  • Driven to provide a great customer journey and nurture relationships.
  • Strong relationship building / development skills (internal and external).
  • Credibility in senior management environments.
  • Ability to understand market trends, and use insight to inform action.
  • CRM Proficiency, skilled in using CRM tools like Salesforce, HubSpot, or similar.
  • Multilingual Skills desirable. Ability to communicate fluently in multiple languages, with a strong emphasis on English proficiency.
  • Prior experience in the financial sector, particularly in engaging with banks and central banks.

General experience and personal qualities:

  • An inspiring disposition: the ability to engage, influence and lead by example.
  • To be comfortable with an ‘open door’ policy and be approachable.
  • The ability to build relationships to deliver, recognising the need to develop, motivate and empower whilst maintaining pace and managing priorities.
  • Self-aware, open-minded with a high degree of personal and professional integrity.
  • Passion for delivering exceptional customer service – and a willingness to go beyond to develop best in class solutions wherever possible.
  • Ability to communicate across all levels.
  • Highly motivated, results driven and team player.

Why Travelex? To remain the world’s leading foreign exchange specialist, we are focused on making our customers’ lives simpler, more engaging and hassle free while they travel or move money abroad. We promise to give them the freedom and peace of mind to explore the world, their way – enabling them to travel confidently because they know they have us to lean on. Customer centricity and digital are at the heart of our business strategy. Our commitment to innovation has never been greater, with the development of a number of digital-first, greenfield products and services. And with Travelex's resources, deep industry experience and leading brand we are inventing the future of FX, cross-border e-commerce and international payments.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Business Development Manager in London employer: Travelex

Travelex is an exceptional employer, offering a dynamic work environment in either Peterborough or London, where innovation and customer-centricity drive our mission. We prioritise employee growth through collaborative teamwork, comprehensive training, and opportunities to engage with industry leaders, ensuring that our Business Development Managers thrive in their roles while contributing to the future of foreign exchange. With a commitment to diversity and a culture that values integrity and exceptional service, Travelex stands out as a rewarding place to build a meaningful career.
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Contact Detail:

Travelex Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Manager in London

✨Tip Number 1

Network like a pro! Attend industry events, conferences, and local meet-ups to connect with potential employers and other professionals. Remember, it’s all about building relationships that can lead to job opportunities.

✨Tip Number 2

Show off your skills! When you get the chance to chat with someone from a company you're interested in, be ready to discuss your experience and how it aligns with their needs. Tailor your pitch to highlight your B2B sales success and customer service passion.

✨Tip Number 3

Follow up after meetings or networking events. A quick email thanking them for their time and reiterating your interest can keep you top of mind. Plus, it shows you’re proactive and genuinely interested in the role.

✨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, we love seeing candidates who are keen to join us directly!

We think you need these skills to ace Business Development Manager in London

B2B Sales Experience
Lead Generation
Contract Negotiation
Customer Relationship Management (CRM)
Sales Cycle Management
Exceptional Verbal and Written Communication
Commercial Acumen
Analytical Skills
Problem-Solving Skills
Relationship Building
KPI Achievement
Financial Sector Knowledge
Multilingual Skills
Customer Service Orientation
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in the full sales cycle and any relevant achievements that align with our goals at Travelex. 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 the role and how your skills match what we're looking for. Don’t forget to mention your understanding of the FX market and how you can contribute to our success.

Showcase Your Communication Skills: Since exceptional verbal and written communication skills are key for this role, make sure your application reflects that. Keep your language clear and professional, and don’t shy away from showing your personality – we love a bit of flair!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll get to explore more about what makes Travelex a great place to work!

How to prepare for a job interview at Travelex

✨Know Your FX Inside Out

Before the interview, make sure you have a solid understanding of the foreign exchange services offered by the company. Familiarise yourself with how these services can add value to potential clients. This knowledge will help you demonstrate your expertise and show that you're genuinely interested in the role.

✨Showcase Your Sales Journey

Prepare to discuss your experience throughout the entire sales cycle. Be ready to share specific examples of how you've successfully generated leads, negotiated deals, and closed sales in a B2B environment. Highlight your achievements against KPIs to illustrate your results-driven mindset.

✨Build Relationships, Even in the Interview

Remember, this role is all about relationship building. Use the interview as an opportunity to connect with your interviewers. Ask insightful questions about their experiences and the company culture. This will not only show your interpersonal skills but also your genuine interest in being part of the team.

✨Demonstrate Your Commercial Acumen

Be prepared to discuss market trends and how they impact the business. Show that you can analyse issues and develop solutions. This will demonstrate your ability to balance risk with reward, which is crucial for a Business Development Manager in the finance sector.

Business Development Manager in London
Travelex
Location: London
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  • Business Development Manager in London

    London
    Full-Time
    36000 - 60000 £ / year (est.)
  • T

    Travelex

    1000+
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