Business Development Manager/Senior Business Development Manager (Forex/CFD Industry)

Doo Group; Dubai; On-site; AED 240,000 - 480,000; Full time

Benefits offered by this job

Attractive Commission Structure

Monthly Performance Incentives

Marketing Support

International Working Environment

Job summary

Doo Group in Dubai seeks an experienced Business Development Manager to drive growth in Forex, CFDs, and multi-asset trading. This is not an entry-level role; you must have an established network of traders, IBs, Money Managers, affiliations, and institutional clients to generate business from month one.

The role involves meetings, negotiations, and close collaboration with Marketing, Operations, and Dealing teams to meet monthly KPIs, deposits, and trading volume, while expanding the client

Qualifications

• Minimum 2 years' experience in the Forex/CFD brokerage industry.
• Proven ability to generate deposits and acquire new clients.
• Existing network of traders, IBs, affiliates, or business partners.
• Fluent English; other languages preferred.
• Experience with international Forex/CFD brokers.
• Strong understanding of MT4 & MT5, rebates, spreads, leverage, PAMM/MAM, copy trading.

Responsibilities

• Develop and expand the company's client base within assigned markets.
• Generate new funded accounts, net deposits, and trading volume.
• Build and maintain long-term relationships with clients and business partners.
• Conduct online and face-to-face business meetings.
• Negotiate commercial agreements with IBs, affiliates, and strategic partners.
• Work closely with Marketing, Operations, and Dealing teams.
• Achieve monthly business development and sales KPIs.

Skills

Trader network

IB network

Negotiation skills

Communication skills

English fluency

Networking & partnerships

Sales acumen

CRM systems

MT4/MT5 knowledge

Tools

MT4/MT5

CRM Systems

Job description

We are seeking experienced Business Development Managers with a proven track record in the Forex, CFDs, Multi-Asset Trading, or Financial Services industry.

This is not an entry-level position. We are looking for professionals who already have an established network of traders, Introducing Brokers (IBs), Money Managers, Affiliates, institutional clients, or strategic partners and can generate business from the first month.

Key Responsibilities

• Develop and expand the company's client base within assigned markets.
• Leverage your existing network of:
• Retail Traders
• Introducing Brokers (IBs)
• Master IBs
• Money Managers
• Affiliates
• Trading Communities
• Institutional Clients
• Generate new funded accounts, net deposits, and trading volume.
• Build and maintain long-term relationships with clients and business partners.
• Conduct online and face-to-face business meetings.
• Attend industry events, expos, seminars, and networking activities.
• Negotiate commercial agreements with IBs, affiliates, and strategic partners.
• Work closely with the Marketing, Operations, and Dealing teams.
• Achieve monthly business development and sales KPIs.

Mandatory Requirements

Applicants must meet the following requirements:

• Minimum 2 years' experience in the Forex/CFD brokerage industry.
• Previous experience working with an international Forex/CFD broker.
• Existing network of traders, IBs, affiliates, or business partners.
• Proven ability to generate deposits and acquire new clients.
• Strong understanding of:
• MT4 & MT5
• CRM Systems
• IB Structures
• Rebates
• Spreads
• Leverage
• PAMM/MAM
• Copy Trading
• Trading Platforms
• Excellent communication, presentation, and negotiation skills.
• Fluent English (additional languages are highly preferred).

Preferred Languages

• Farsi
• Turkish
• Hindi
• Chinese
• Russian
• Spanish

Senior Business Development Manager Criteria

Candidates will be considered for the Senior Business Development Manager position if they meet the following additional requirements:

• Minimum 5 years' experience in the Forex/CFD brokerage industry.
• Proven record of generating significant monthly net deposits.
• Strong portfolio of active IBs, Master IBs, Money Managers, and VIP clients.
• Experience handling institutional clients and strategic partnerships.
• Experience managing regional markets or business development teams.
• Ability to mentor and support junior Business Development Managers.
• Proven success in negotiating and closing high-value commercial agreements.
• Existing portfolio capable of generating USD 250,000+ in monthly net deposits is a strong advantage.

Key Performance Indicators (KPIs)

Successful candidates will be evaluated based on:

• New Client Acquisition
• New Funded Accounts
• Net Deposits
• IB & Partner Acquisition
• Client Retention
• Revenue Growth

What We Offer

• Attractive Commission Structure
• Monthly Performance Incentives
• Marketing Support
• International Working Environment

Candidates with an active client portfolio, an established IB network, and a proven track record of generating deposits and revenue will be given priority.