Business Development Executive

Magna Financial; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A foreign exchange service provider in Dubai is seeking a Business Development/Client Relations professional to drive growth and build relationships. The role involves outreach to new clients, maintaining existing relationships, and providing tailored FX solutions. Candidates should have a proven track record in similar roles and excellent communication skills. Uncapped earning potential is offered along with comprehensive training and flexibility for remote work.

Benefits

Uncapped earning potential

Professional development

Private medical insurance

Flexibility to work remotely

Qualifications

• Proven prior success in Business Development/Client Relations, Sales, or Customer Service.
• Experience in Currency Exchange/FX or Financial Services is desirable.
• Excellent communication and interpersonal skills.

Responsibilities

• Deliver exceptional service and drive business opportunities globally.
• Conduct outreach to potential new clients and partners.
• Cultivate and manage relationships with existing clients.

Skills

Business Development

Client Relations

Lead Generation

Communication Skills

Sales Strategies

Job description

Magna Financial is a specialist foreign exchange provider with a strong presence in the UAE, UK, and Spain providing global currency services to both Corporate and Private Clients globally. We believe service is of paramount importance, therefore we provide a premium service to all clients, combining a depth of specialist expertise and market insight.

As our company continues to expand, we are seeking talented, self‑motivated professionals to join our team. This is a unique opportunity to be part of a fast growing business offering excellent prospects for career advancement and strong earning potential.

As a Business Development/Client Relations professional, you will play a key role in driving growth, building lasting client relationships, and contributing to the continued success of our business.

Key Responsibilities

To deliver exceptional service to our clients and drive business opportunities globally.

New Business Relationships

• Conduct daily outreach to potential new affiliates, partners and clients (real estate brokers, mortgage lawyers, business setup companies, individual clients etc.) through introductory calls and meetings
• Identify client needs and provide tailored FX solutions
• Follow up on referrals and leads to offer a ‘best in class’ Global Currency service and develop future business relationships
• Present the advantages of partnering with Magna Financial to prospective clients
• Onboard new clients, ensuring compliance with regulatory requirements (KYC) and internal policies and processes

Existing Business Relationships

• Cultivate and manage strong, professional relationships with existing affiliates, partners and clients, increasing referrals and cross business opportunities wherever possible
• Proactively pitch FX products and services to existing and prospective clients
• Drive revenue growth by determining and executing sales strategies to expand the client base globally
• Provide knowledge and input for creation of Client Marketing materials via PowerPoint and Brochures etc

Market Monitoring

• Monitor FX market trends, Global Currency movements, and geopolitical developments
• Share Market updates and potential opportunities and risks to new and existing clients to allow them to consider optimising their FX strategies

Reporting & Analytics

• Work with Internal Relationship Managers to maintain accurate records of client interactions, transactions, sales activities, and performance metrics in CRM
• Work with the Sales Support and Finance team to track daily, weekly and monthly sales targets and revenues via internal KPI trackers
• Prepare and present Management Information reports on sales performance and business opportunities

Requirements

• Proven prior success within a Business Development/Client Relations, Sales or Customer Service role
• Experience in Currency Exchange/FX, Financial Services, 360 Recruitment, or Real Estate is highly desirable
• Strong ability to generate high-quality leads and cultivate long‑term client relationships
• Highly goal‑driven with the ability to thrive in a fast‑paced environment
• Excellent Communication and Interpersonal Skills
• Confident presentation skills with the ability to influence and engage
• Advanced English (both written and spoken) is essential; additional languages such as Spanish, French or German are a strong advantage

What We Offer

• Uncapped Earning Potential: In our industry, the real wealth is generated on commissions, therefore, in addition to your base salary you will receive % commission on all new business that you bring to the company as well as on deals with existing clients
• Associate Program: On completion of 12 months service with us, you will become eligible for an additional % share of your revenue
• Professional Development: We are dedicated to supporting your personal and professional growth. You will benefit from ongoing professional sales training designed to sharpen your skills, enhance performance, and accelerate your success
• Private Medical Insurance: After completing two months of service, employees will be eligible for private medical insurance, including dental coverage (and emergency‑only optical care)
• Flexibility to work remotely/from home

Relocation Package

Relocation & Sponsorship for Non-UAE Nationals, subject to eligibility:

• Employment visa sponsorship and Emirates ID provided, or assistance with applying for a Permanent Identity Card (PIC) for non-company-sponsored employees (e.g. Golden Visa holders or those sponsored by a relative)
• One‑way relocation flight to Dubai
• Temporary accommodation for up to 30 days upon arrival to the UAE
• Shipping allowance to support the relocation of personal belongings to the UAE

If you thrive in a fast-paced environment, have a passion for business growth, and are eager to take your career to the next level, we’d love to hear from you.

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