Business Development Manager

Markets+; Dubai; On-site; AED 279,000 - 390,600; Full time

Job summary

A financial services firm is seeking a Business Development Manager in Dubai to develop a strong portfolio of International Introducing Brokers (IBs). Responsibilities include engaging in market research to identify opportunities, implementing business strategies, and maintaining relationships with clients. Candidates should have a bachelor’s degree, over 5 years of experience in the forex industry, and excel in both English and Arabic. The position requires self-motivation, strong communication skills, and a willingness to travel.

Qualifications

• Proven track record of over 5 years in a relevant role in the forex industry.
• Knowledge of additional languages considered an advantage.
• Willingness to travel.

Responsibilities

• Engaging in market research and identifying business opportunities.
• Developing and implementing business development strategies.
• Building and maintaining professional relationships with clients.

Skills

Strong network of contacts in the forex industry

Excellent communication and interpersonal abilities

Self-motivated

Driven and results-oriented

Ability to adapt to a fast-paced environment

Knowledge of English and Arabic

Education

Bachelor’s degree in Business Administration, Finance, or Economics

Job description

As a Business Development Manager, the individual will be responsible to develop and maintain a strong portfolio of International Introducing Brokers (IBs), supporting the company’s strategy to drive business growth and enhance its market presence.

Key Responsibilities

• Engaging in market research and identifying potential business opportunities.
• Developing and implementing business development strategies, taking into consideration meeting client needs.
• Cultivating a sales-focused approach to foster the expansion and profitability of the IB business.
• Building and maintaining strong professional relationships with existing and prospective clients.
• Expand the affiliate network including but not limited to KOL/Influencer cooperation and searching for opportunities online.
• Acting as the first point of contact to Affiliates/IBs, by establishing regular communication with them for the provision of support, answering any queries they may have, and resolving any issues faced.
• Providing technical and other support to VIP Affiliates/IBs, as and when required in an efficient manner.
• Having responsibility for the coordination of a number of IB accounts.
• Managing, monitoring, and updating the company’s Affiliates/IB systems (e.g., with relevant information, marketing material, and deals).
• Handling troubleshooting related to Affiliates/IB systems.
• Escalating matters to management in a timely and effective manner, when required.
• Preparing relevant regular and ad hoc reports, as agreed, and requested by management.
• Cooperating with other departments of the group to solve technical and other issues.
• Staying up to date with relevant industry trends and developments, including monitoring the competition, and suggesting improvements to management.
• Complying with the company’s internal policies and procedures.
• Undertaking any other related tasks assigned by management.

Experience And Skills Required

• Bachelor’s degree in Business Administration, Finance, Economics or other related field.
• Proven track record of more than 5 years of experience in a relevant role in the forex industry.
• Strong network of contacts within the forex industry, including brokers, institutional investors and potential clients.
• Excellent knowledge of English and Arabic both verbal and written.
• Knowledge of additional languages will be considered an advantage.
• Excellent communication and interpersonal abilities.
• Self-motivated, with ability and willingness to work independently.
• Driven and results-oriented.
• Ability to adapt to a fast-paced, dynamic work environment.
• Willingness to travel.