Business Development Director, Banking in London
Business Development Director, Banking

Business Development Director, Banking in London

London Full-Time 80000 - 100000 £ / year (est.) No home office possible
Version 1

At a Glance

  • Tasks: Drive revenue growth and strategic expansion in the banking sector.
  • Company: Join Version 1, a leading tech services provider with a strong focus on employee wellbeing.
  • Benefits: Enjoy flexible working, competitive pay, and a range of wellness initiatives.
  • Other info: Be part of a company that values diversity, inclusion, and community engagement.
  • Why this job: Make an impact in the banking industry while advancing your career in a supportive environment.
  • Qualifications: Proven sales experience in banking and technology services.

The predicted salary is between 80000 - 100000 £ per year.

Version 1 has celebrated over 29 years in Technology Services and continues to be trusted by global brands to deliver solutions that drive customer success. Our expertise enables our customers to navigate the rapidly changing Digital-First world we live in. We foster strong partnerships with leading technology giants including Microsoft, AWS, Oracle, Red Hat, OutSystems, Snowflake, ensuring that our customers are provided with the highest quality solutions and services.

We’re an award-winning employer reflecting how our employees are at the very heart of Version 1 and what we do:

  • UK & Ireland's premier AWS, Microsoft & Oracle partner
  • 4000+ strong, €350/£300m revenue business
  • 10+ years as a Great Place to Work in Ireland & UK
  • Best Workplace for Women in the UK & Ireland by GPTW
  • Best Workplace for Wellbeing in the UK by GPTW

We’re a core values driven company, we hire people who share our values, and we reward those who display and foster them, it’s deeply embedded within our DNA. Invest in us and we’ll invest in you!

We are seeking a growth-focused and banking-domain proficient Business Development Director (Hunter) to drive net new revenue growth and strategic expansion across Tier 1 and Tier 2 Banks. This role owns quota-carrying responsibilities and will lead enterprise sales pursuits. This role will be responsible for driving pipeline origination, building relationships with senior banking executives, leading go-to-market strategies and closing large multi-year deals across Tier 1 and Tier 2 banks.

This is a senior client facing role requiring deep understanding of UK Banking operations, regulatory frameworks, and emerging digital, data, and AI-led transformation opportunities across retail, commercial, and corporate banking domains; with a strong stakeholder network; and a proven track record of selling technology, consulting or managed services solutions.

Key Responsibilities

  • Strategic Account & Pipeline Development
    • Identify, qualify, and target Banking institutions across Retail, Commercial, and Corporate Banking.
    • Develop and execute offerings as business outcomes aligned to Digital Banking, modernisation across app, infra and Data & AI and Cloud Transformation.
    • Originate and progress large-scale transformation and managed services opportunities with Tier 1 and Tier 2 UK Banks.
  • GTM Execution & Solution Positioning
    • Collaborate with solution architects and banking SMEs to shape tailored value propositions.
    • Lead workshops, RFP responses, and client presentations focused on cloud migration, platform modernisation, Digital and Data & AI transformation.
    • Position differentiated industry-led offerings in areas such as Payments, Lending, Risk & Regulatory and Core Banking.
  • Executive Engagement & Relationship Management
    • Build and sustain trusted relationships with CIOs, CTOs, Heads of Digital and CROs.
    • Represent Version 1 at major UK Banking events, panels, and roundtables.
  • Market & Competitive Intelligence
    • Track and analyse UK-specific banking developments.
    • Identify whitespace opportunities driven by fintech disruption, vendor consolidation, and platform modernization.
  • Internal Collaboration & Sales Enablement
    • Work cross-functionally with data, cloud, AI, and enterprise application teams to drive integrated GTM campaigns.
    • Enable vertical sales capability and support development of UK-focused industry collaterals.
    • Ensure adherence to internal deal governance, pricing, legal, and risk approval processes.

Qualifications

  • Strong progressive experience in Enterprise Sales, Business Development, or Account leadership within Banking and Financial Services.
  • Demonstrated success selling Technology Services, Consulting, or Managed Services to UK Banks.
  • Consistent track record of meeting or exceeding quota in a quota-carrying role.
  • Experience closing multi-million-dollar, multi-year enterprise deals.
  • Experience of having worked closely with Fintech Partners, Hyperscalers and SaaS platform vendors.
  • Strong solution-led consultative selling skills; excellent communication, negotiation skills; strategic thinking with hands-on execution experience.

Preferred Qualifications

  • Bachelor’s/Master’s degree in Business, Finance, or Technology.

Additional Information

At Version 1, we believe in providing our employees with a comprehensive benefits package that prioritises their wellbeing, professional growth, and financial stability. Share in our success with our Quarterly Performance-Related Profit Share Scheme, where employees collectively benefit from a share of our company's profits. Strong Career Progression & mentorship coaching through our Strength in Balance & Leadership schemes with a dedicated quarterly Pathways Career Development programme. Flexible/remote working, Version 1 is tremendously understanding of life events and people’s individual circumstances and offer flexibility to help achieve a healthy work life balance. Financial Wellbeing initiatives including; Pension, Private Healthcare Cover, Life Assurance, Financial advice and an Employee Discount scheme. Employee Wellbeing schemes including Gym Discounts, Bike to Work, Fitness classes, Mindfulness Workshops, Employee Assistance Programme and much more. Generous holiday allowance, enhanced maternity/paternity leave, marriage/civil partnership leave and special leave policies. Educational assistance, incentivised certifications, and accreditations, including AWS, Microsoft, Oracle, and Red Hat. Reward schemes including Version 1’s Annual Excellence Awards & ‘Call-Out’ platform. Environment, Social and Community First initiatives allow you to get involved in local fundraising and development opportunities as part of fostering our diversity, inclusion and belonging schemes. And many more exciting benefits… drop us a note to find out more.

Business Development Director, Banking in London employer: Version 1

Version 1 is an award-winning employer that prioritises employee wellbeing and professional growth, making it an exceptional place to work for a Business Development Director in the banking sector. With a strong focus on flexible working arrangements, comprehensive benefits, and a commitment to career progression through mentorship and development programmes, employees are empowered to thrive in a supportive and dynamic environment. The company's core values drive a culture of collaboration and innovation, ensuring that every team member feels valued and integral to our success.
Version 1

Contact Detail:

Version 1 Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Business Development Director, Banking in London

✨Tip Number 1

Network like a pro! Get out there and connect with people in the banking sector. Attend industry events, webinars, or even local meetups. The more you engage, the better your chances of landing that Business Development Director role.

✨Tip Number 2

Showcase your expertise! When you get the chance to chat with potential employers, make sure to highlight your knowledge of UK Banking operations and your success in closing big deals. This will set you apart from the competition.

✨Tip Number 3

Tailor your pitch! When you're in front of decision-makers, focus on how your skills align with their needs. Talk about your experience with digital transformation and how you can help them navigate the changing landscape of banking.

✨Tip Number 4

Don’t forget to apply through our website! We’re always on the lookout for talent that shares our values. By applying directly, you’ll have a better chance of getting noticed by our hiring team.

We think you need these skills to ace Business Development Director, Banking in London

Business Development
Enterprise Sales
Account Leadership
Banking Domain Knowledge
Regulatory Frameworks
Digital Transformation
Data and AI Transformation
Stakeholder Management
Consultative Selling
Negotiation Skills
Strategic Thinking
Relationship Management
Market Analysis
Cross-Functional Collaboration
Solution Positioning

Some tips for your application 🫡

Tailor Your CV: Make sure your CV speaks directly to the role of Business Development Director in Banking. Highlight your experience in enterprise sales and any specific achievements in the banking sector. We want to see how you can drive growth!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how your skills align with our values. Show us your understanding of the banking landscape and how you can contribute to our success.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Quantify your successes, like the size of deals closed or revenue generated. We love numbers that tell a story about your impact in previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!

How to prepare for a job interview at Version 1

✨Know Your Banking Stuff

Make sure you brush up on your knowledge of UK banking operations and regulatory frameworks. Understand the latest trends in digital transformation, data, and AI in banking. This will help you speak confidently about how you can drive growth and innovation for the company.

✨Tailor Your Value Proposition

Before the interview, think about how your experience aligns with the specific needs of Tier 1 and Tier 2 banks. Prepare examples of how you've successfully closed large deals or developed strategic relationships in the past. This will show that you can hit the ground running.

✨Engage with the Interviewers

Don’t just answer questions; engage in a conversation. Ask insightful questions about their current challenges and how they see the future of banking evolving. This demonstrates your interest and helps build rapport with the interviewers.

✨Showcase Your Collaborative Spirit

Highlight your experience working cross-functionally with different teams, such as data, cloud, and AI. Share specific examples of how collaboration has led to successful outcomes in your previous roles. This is crucial for a role that requires internal collaboration and sales enablement.

Business Development Director, Banking in London
Version 1
Location: London

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