At a Glance
- Tasks: Identify and develop new business relationships in a dynamic sales environment.
- Company: Join Xe, a leader in currency services with a focus on innovation.
- Benefits: Competitive salary, bonus, generous leave, and health benefits.
- Other info: Inclusive workplace committed to diversity and community engagement.
- Why this job: Make an impact in a fast-paced role while working with a supportive team.
- Qualifications: 3+ years of sales experience in the FX industry and a proven track record.
The predicted salary is between 40000 - 50000 £ per year.
At Xe, we live currencies. We provide a comprehensive range of currency services and products, including our Currency Converter, Market Analysis, Currency Data API and quick, easy, secure Money Transfers for individuals and businesses. We leverage technology to deliver these services through our website, mobile app and by phone. Last year, we helped over 300 million people access information about the currencies that matter to them and over 225,000 people used us to send money overseas.
We are looking for dynamic and motivated Business Development Managers to join our expanding team. As a BDM in Corporate Sales, your role will be to both identify and develop new business relationships and successfully send the expected amount of quality new clients to the Dealing Team to manage thereafter.
OUR PRINCIPLES
- AMBITION - We dream big, try things out and always ask “why not?” and “what if?” We’re ambitious in our thinking and our delivery.
- RESPONSIBILITY - We get involved, bring our perspective and are always open to new ideas. We take personal responsibility.
- COMMUNITY - We value a sense of belonging, trusting each other and encouraging authenticity. We contribute to our community.
ROLES & RESPONSIBILITIES
- Identify new leads: Lead sourcing and identification of prospective clients (e.g. Internet research, CRM, LinkedIn, Networking).
- Investigate & identify: Conduct initial fact-find and qualification to identify application for XE services.
- Understand your client: Obtain detailed understanding of prospect client's FX requirements.
- CRM Database: Record and maintain accurate records on CRM database and maintain and update sales pipelines to report to Team Lead HoC.
- Innovative ideas: Ensure personal commitment to the origination of sales ideas and execution of sales campaigns.
- Sales Reporting: Monthly and quarterly individual sales performance reporting.
- Explain FABs (features, advantages and benefits) of corporate services to decision maker(s).
- Currency audits: Conduct currency audits or rate comparisons (trade analysis) for prospective clients.
- Client meetings: Book meeting(s) and appointments for field sales to present our services.
- Internal Relationships: Working with Credit team (where required) to agree facilities for new clients.
- On-boarding checks: Complete on-boarding and account opening for new clients.
- Working effectively across teams: Perform timely and efficient hand-over of new clients to service delivery team (Dealing Team).
POSITION REQUIREMENTS
- Sales experience: Minimum of 3 years industry experience in a (FX) sales role.
- Targets & KPI'S: Strong track record of outperformance relative to targeted KPIs.
- Resilient and fast paced: Ability to work within a fast-paced result driven sales environment.
PERKS & BENEFITS
- Competitive Salary & Discretionary Bonus.
- 23 days annual leave increasing with each year of service (capped at 28 days).
- Paid day off for your Birthday.
- 4% employer pension contribution.
- Discounted Euronet Employee Share Purchase Plan (ESPP).
- Life Cover, Income Protections Scheme & Critical Illness cover.
- Healthcare.
- Plumm Mental Health and Wellbeing.
We want Xe to be a great place to work and to ensure that our communities are represented across our workforce. A vital part of this is ensuring we are a truly inclusive organization that encourages diversity in all respects. At Xe we are committed to making our recruitment practices barrier-free and as accessible as possible for everyone. This includes making adjustments or changes for disabled people, neurodiverse people or people with long-term health conditions. If you would like us to do anything differently during the application, interview or assessment process, including providing information in an alternative format, please contact us.
The position responsibilities outlined above are intended to define the general contents and requirements to perform this job. It is not to be taken as a complete statement of responsibilities or requirements. This job description does not restrict the Company’s right to assign or reassign duties and responsibilities to this job as needed.
Business Development Manager employer: Xe.com
At Xe, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters ambition, responsibility, and community. Our employees enjoy competitive salaries, generous leave policies, and comprehensive health benefits, all while working in a culture that values diversity and inclusivity. With ample opportunities for professional growth and a commitment to employee well-being, Xe is the ideal place for those looking to make a meaningful impact in the currency services industry.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Get your networking game on! Connect with industry professionals on LinkedIn and attend relevant events. The more people you know, the better your chances of landing that Business Development Manager role.
✨Tip Number 2
Do your homework on Xe! Understand their services and how they operate. When you know the ins and outs, you can impress them in interviews by showing how you can contribute to their ambitious goals.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with their needs. Highlight your sales achievements and how you've outperformed KPIs in the past—this will show you're the right fit for their fast-paced environment.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the Xe community. Don’t miss out!
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Development Manager role. Highlight your sales experience, especially in FX, and showcase how you've smashed targets in the past. We want to see how you can bring that ambition to Xe!
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 align with our principles of ambition, responsibility, and community. Let us know what makes you tick!
Showcase Your Innovative Ideas:We love fresh ideas! In your application, mention any innovative sales strategies or campaigns you've executed before. This will show us that you're not just about meeting targets but also about thinking outside the box.
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 the role. Plus, it shows you’re keen on joining our team at Xe!
How to prepare for a job interview at Xe.com
✨Know Your Stuff
Before the interview, dive deep into Xe's services and products. Understand how their Currency Converter, Market Analysis, and Money Transfers work. This knowledge will help you demonstrate your genuine interest and show that you're ready to contribute from day one.
✨Showcase Your Sales Skills
Prepare specific examples from your past sales experiences that highlight your ability to identify leads and close deals. Be ready to discuss how you've outperformed KPIs in previous roles, as this aligns perfectly with what they're looking for in a Business Development Manager.
✨Ask Insightful Questions
During the interview, ask questions that reflect your understanding of the industry and Xe's position within it. Inquire about their approach to client onboarding or how they measure success in their sales teams. This shows that you're not just interested in the role but also in the company's future.
✨Emphasise Teamwork
Since the role involves working across teams, be prepared to discuss how you've successfully collaborated with others in the past. Share examples of how you've worked with different departments to achieve common goals, which will resonate well with Xe's community-focused values.