Business Development Manager - BaaS in London

Payments Recruitment; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading fin-tech company is seeking a Business Development Manager to maximize the sales process for their Banking as a Service (BaaS) solution in London. Candidates should have a strong commercial background, experience in selling value-based processing products, and a proven track record of closing opportunities with Banks and Financial Institutions. This role offers a competitive salary and excellent benefits.

Qualifications

• Strong knowledge of the BaaS space, particularly payment card issuing.
• Demonstrated track record in selling value-based processing products.
• Experience in closing new opportunities with Banks or Financial Institutions.

Responsibilities

• Maximize outbound activity and own the full sales process.
• Create and agree on a business plan.
• Execute against agreed business plans and achieve financial targets.
• Build and manage a substantial pipeline of qualified opportunities.

Skills

Knowledge of BaaS

Sales experience

Commercial acumen

Networking

Negotiation skills

Pipeline building

Job description

Business Development Manager - BaaS

Location: London
Type: Permanent
Salary: £60,000 - £80,000 Per Annum (+ excellent comm + bens)

Business Development Manager
Major fin-tech, with offices around the world. The UK head office is in London.

You will be responsible for maximising outbound activity and owning the full end-to-end sales process from prospecting through to onboarding, principally focused on Large & Enterprise opportunities.

The role:

• Create and agree business plan
• Lead from the front - being a key part in taking our Banking as a Service (BaaS) solution to market.
• Implement a strategic sales plan that targets the company’s customer base and ensures its strong presence both in the UK and the EEA
• Build, manage and maintain substantial pipeline of qualified opportunities to underpin target achievement
• Execute against agreed business plan and provide weekly and monthly report detailing progress, actions and any changes to meet financial targets
• Monitor sales performance to agreed KPIs
• Ensure effective sales processes from initial contact with prospects to contract signatures
• Work closely with our Marketing & Content team to create sales campaigns
• Present sales reports and forecasts to the MD of BaaS
• Develop and maintain strong client relationships with key prospects
• Identify emerging markets and market shifts while being fully aware of new products and the competitive landscape
• Ability to demonstrate our BaaS solution and services to a high standard to all clients

Experience:

• Strong knowledge of the BaaS space, particularly payment card issuing and processing with an understanding of up-and-coming alternative non-card payment technologies and payment accounts.
• Strong commercial background, with a demonstrable track record in successfully selling value-based processing products to strategic targets.
• Sales experience with demonstrated success at networking, setting appointments, pipeline building, negotiation, closing solution sales and hitting targets
• Demonstrable record of closing new opportunities with Banks or Financial Institutions in the UK and Pan European Payments / Fintech industry experience in creating solutions that meet the needs of the target audience