At a Glance
- Tasks: Drive revenue growth and strategic expansion in the banking sector.
- Company: Join a trusted tech leader with 29 years of experience.
- Benefits: Enjoy flexible working, profit sharing, and generous holiday allowances.
- Other info: Be part of a supportive culture focused on career development and wellbeing.
- Why this job: Make an impact in banking transformation with cutting-edge technology.
- 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 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 at least (£5) 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 modernisation.
- 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.
Why Version 1?
- 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 Newcastle upon Tyne employer: Version 1
Version 1 is an exceptional employer that prioritises employee growth and well-being, offering a robust Quarterly Performance-Related Profit Share Scheme and strong career progression opportunities through dedicated mentorship and development programmes. With a flexible working environment that supports work-life balance, comprehensive financial and wellness benefits, and a commitment to community engagement, Version 1 fosters a collaborative and inclusive culture that empowers employees to thrive in their careers while making a meaningful impact in the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Director, Banking in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships can open doors that applications alone can't.
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with hiring managers or at networking events, make sure to highlight your knowledge of digital transformation in banking. Share insights on how you’ve driven growth in previous roles – it’ll set you apart from the crowd.
✨Tip Number 3
Prepare for those interviews! Research the company and its recent projects in the banking space. Be ready to discuss how your experience aligns with their goals, especially around cloud migration and AI-led transformations. Confidence and preparation are key!
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. It shows you're genuinely interested in joining our team. Plus, it’s a great way to ensure your application gets the attention it deserves.
We think you need these skills to ace Business Development Director, Banking in Newcastle upon Tyne
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 that align with our needs.
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 background makes you the perfect fit for driving growth in Tier 1 and Tier 2 banks.
Showcase Your Network:We love seeing candidates who have strong connections in the banking industry. Mention any relationships you've built with senior banking executives or your experience working with fintech partners.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Version 1.
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 within the banking sector. This will help you speak confidently about how your experience aligns with the company's needs.
✨Showcase Your Sales Success
Prepare to discuss specific examples of how you've driven revenue growth and closed multi-million-pound deals in the past. Use metrics and figures to illustrate your achievements, as this will demonstrate your capability to meet the quota-carrying responsibilities of the role.
✨Build Relationships Before the Interview
If possible, try to connect with current employees or industry professionals who have insights into the company culture and expectations. This can give you a leg up in understanding what they value in a candidate and help you tailor your responses during the interview.
✨Tailor Your Value Proposition
Be ready to articulate how your skills and experiences can specifically benefit the company’s goals in digital banking and transformation. Think about how you can position yourself as a solution to their challenges, especially in areas like cloud migration and platform modernisation.
