At a Glance
- Tasks: Drive revenue growth by acquiring enterprise-level merchants in high-risk sectors.
- Company: Reputable UK payments provider known for innovation and reliability.
- Benefits: Competitive salary, uncapped commission, and remote work flexibility.
- Other info: Opportunity to engage with senior stakeholders and earn double OTE.
- Why this job: Join a dynamic team and make a significant impact in the payments industry.
- Qualifications: 5+ years in sales or business development, especially in high-risk industries.
The predicted salary is between 60000 - 70000 £ per year.
A UK-based payments provider with a strong reputation for reliability and innovation, delivering tailored solutions to a wide range of merchants across e-commerce and high-risk verticals.
We are seeking an experienced and commercially driven business development manager to expand enterprise merchant acquisition across the UK. This role will focus on enterprise-level merchants operating within high-risk and specialist sectors, targeting businesses with annual card turnover exceeding £12 million. You will play a key role in driving revenue growth, building strategic relationships, and closing complex deals with merchants across sectors including gaming, travel, CBD, adult, nutraceuticals, and other challenging verticals.
This is a hands-on sales role requiring a proactive approach to outbound business development, including cold calling, prospecting, and pipeline generation. The successful individual will be expected to identify and engage senior stakeholders, navigate complex sales cycles, and consistently close high-value opportunities.
Key responsibilities:- Hit and exceed ambitious sales targets.
- Prospect and cold call enterprise merchants to generate new business opportunities.
- Target high-risk merchants with annual card turnover exceeding £12 million.
- Build and maintain a strong pipeline of qualified enterprise opportunities.
- Manage relationships with clients and banking partners throughout the onboarding process.
- Develop bespoke payment solutions tailored to complex merchant requirements while ensuring commercial profitability.
- Pitch, negotiate, and close deals with senior stakeholders and C-Suite decision-makers.
- Maintain a strong understanding of the enterprise payments landscape and high-risk merchant requirements.
- Work closely with internal stakeholders to support smooth onboarding and long-term client success.
- 5+ years’ experience in sales, business development, or account management within payments or fintech.
- Proven experience selling into high-risk industries such as gaming, travel, CBD, adult, nutraceuticals, or similar sectors is essential.
- Demonstrated success targeting and winning enterprise-level merchants with high annual card turnover.
- Strong background in outbound sales, cold calling, and self-generated pipeline creation.
- Experience managing complex and consultative sales cycles.
- Entrepreneurial mindset with strong commercial drive and resilience.
- Excellent communication, negotiation, and presentation skills.
- Comfortable engaging and influencing senior decision-makers and C-Suite stakeholders.
- Motivated by high earning potential with double OTE achievable for top performers.
Business Development Manager employer: YourPrime
Contact Detail:
YourPrime Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Get your networking game on! Reach out to industry contacts, attend relevant events, and connect with potential clients on LinkedIn. Building relationships can open doors that a CV just can't.
✨Tip Number 2
Practice your pitch! Whether it's a cold call or a face-to-face meeting, being able to clearly articulate your value proposition is key. Role-play with a friend or record yourself to refine your delivery.
✨Tip Number 3
Stay informed about the latest trends in enterprise payments and high-risk sectors. This knowledge will not only boost your confidence but also help you engage more effectively with potential clients.
✨Tip Number 4
Don't forget to apply through our website! We love seeing candidates who are proactive and take the initiative. Plus, it gives us a chance to see your enthusiasm for the role right from the start.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Business Development Manager. Highlight your experience in sales and business development, especially in high-risk industries. We want to see how your skills 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 the perfect fit for this role. Share specific examples of how you've successfully closed deals or built relationships in similar sectors.
Showcase Your Achievements: Don’t just list your responsibilities; show us what you’ve achieved! Include metrics and results from your previous roles that demonstrate your ability to hit and exceed sales targets. We love numbers!
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 YourPrime
✨Know Your Numbers
Before the interview, brush up on your sales metrics and achievements. Be ready to discuss specific figures, like how many high-value deals you've closed or your success rate in targeting enterprise-level merchants. This will show that you’re results-driven and understand the importance of numbers in business development.
✨Research the Company and Industry
Dive deep into the company’s background and the enterprise payments landscape. Understand their key competitors, recent innovations, and challenges in high-risk sectors. This knowledge will help you tailor your responses and demonstrate your genuine interest in the role and the company.
✨Prepare for Complex Scenarios
Expect questions about navigating complex sales cycles and managing relationships with senior stakeholders. Prepare examples from your past experiences where you successfully closed challenging deals or tailored solutions for high-risk clients. This will highlight your problem-solving skills and adaptability.
✨Showcase Your Entrepreneurial Spirit
Since this role requires a proactive approach, be ready to discuss times when you took initiative in your previous roles. Share stories about how you generated leads through cold calling or prospecting, and how your entrepreneurial mindset has driven your success in business development.