At a Glance
- Tasks: Lead the acquisition of premium merchants for innovative payment solutions.
- Company: Join a dynamic team focused on transforming the payments sector in London.
- Benefits: Enjoy a competitive salary with uncapped commission and referral bonuses.
- Why this job: Be part of a high-impact role that drives market expansion and innovation.
- Qualifications: 3+ years in the payments industry with a proven track record in merchant acquisition.
- Other info: Candidates must have legal UK work authorization; no work visa provided.
The predicted salary is between 72000 - 168000 £ per year.
Job Location: London
Salary Range: £120,000 base/year + Uncapped Commission (Top-tier package)
Work Visa: Not provided (Candidates must have legal UK work authorization)
Job Highlights
- High-Impact Role: Lead acquisition of premium merchants (e.g., Selfridges, Marks & Spencer) for payment solutions.
- Compensation: High base + tiered commissions
- Commercially Driven: Ideally brings active merchant relationships or has a demonstrable history of outbound sales success.
Key Responsibilities
- New Business Development: Break exclusivity barriers with leading payment providers. Negotiate strategic deals to capture market share.
- Market Expansion: Target UK e-commerce brands with tech-driven payment solutions. Analyze competitor contracts to identify conversion opportunities.
Must-Have Requirements
- Merchant Network: Proven track record in rapidly acquiring premium merchants (not account management).
- Payment Industry Expertise: 3+ years in acquiring, preferably at top-tier firms.
- Strategic Awareness: Experience navigating exclusivity agreements and identifying commercial opportunities within competitive environments.
- Resilience: Thrive in goal-driven environments with exceptional execution.
- Compliance Awareness: Solid understanding of UK employment law, including non-solicitation clauses and other relevant contractual considerations.
How to Apply?
Click 'Apply' or send your resume to [apply@ttukoffer.co.uk] with the subject line [Apply to LKL79R79X3]. Refer a friend for this role and earn referral bonuses!
By applying, you acknowledge that TT UKoffer Ltd may process your personal data for recruitment purposes under the lawful basis of legitimate interest. This includes sharing your CV with potential employers. We comply with UK GDPR regulations, and you may request data removal at any time by contacting recruit@ttukoffer.co.uk.
Business Development Director (Acquiring/Payments Sector) employer: TT UKoffer Ltd
Contact Detail:
TT UKoffer Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Director (Acquiring/Payments Sector)
✨Tip Number 1
Network actively within the payments sector. Attend industry events, webinars, and conferences to meet potential contacts who can introduce you to key players in acquiring and payments. Building relationships with professionals in this field can give you an edge when applying for the role.
✨Tip Number 2
Research the latest trends and challenges in the UK e-commerce landscape. Understanding what brands are looking for in payment solutions will help you tailor your approach during interviews and demonstrate your strategic awareness of the market.
✨Tip Number 3
Prepare to discuss your previous successes in acquiring premium merchants. Be ready to share specific examples of how you've broken exclusivity barriers or negotiated deals that led to significant market share gains, as this will showcase your relevant experience.
✨Tip Number 4
Familiarise yourself with compliance issues related to the payment industry, especially UK employment law. Being knowledgeable about non-solicitation clauses and other contractual considerations will not only impress during interviews but also show that you are serious about navigating the complexities of the role.
We think you need these skills to ace Business Development Director (Acquiring/Payments Sector)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in business development, particularly in acquiring premium merchants. Use specific metrics to demonstrate your success in outbound sales and any relevant relationships you have in the payments sector.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the payments industry and your strategic awareness. Mention your experience with exclusivity agreements and how you've successfully navigated competitive environments.
Highlight Relevant Experience: In your application, emphasise your 3+ years of experience in the acquiring sector. Provide examples of how you've contributed to market expansion and negotiated strategic deals in previous roles.
Showcase Resilience and Compliance Knowledge: Demonstrate your ability to thrive in goal-driven environments by sharing specific examples of challenges you've overcome. Additionally, mention your understanding of UK employment law and compliance issues relevant to the role.
How to prepare for a job interview at TT UKoffer Ltd
✨Showcase Your Merchant Network
Be prepared to discuss your existing relationships with premium merchants. Highlight specific examples of how you've successfully acquired high-profile clients in the past, as this will demonstrate your ability to bring value to the role.
✨Demonstrate Industry Knowledge
Familiarise yourself with the latest trends and challenges in the payments sector. Be ready to discuss how you can leverage your expertise to navigate exclusivity agreements and identify new commercial opportunities.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world situations. Think about past experiences where you had to break exclusivity barriers or negotiate strategic deals, and be ready to share those stories.
✨Exhibit Resilience and Goal Orientation
The role requires a strong focus on achieving targets. Be prepared to discuss how you've thrived in goal-driven environments and provide examples of how you've met or exceeded sales targets in previous positions.