Business Development Manager - Deposits & Payments

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Business Development Manager - Deposits & Payments, London

Client:

Payments Recruitment Limited

Location:

London, United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

3

Posted:

24.04.2025

Expiry Date:

08.06.2025

Job Description:

Business Development Manager - Challenger Bank - selling payment & clearing solutions into PSP's, EMI's, MSB's, selling safeguarded deposits & banking to professional services firms.

• London office based, close to Bank station
• £50-70k basic + commission, benefits, bonus

Please only apply to this role if you have relevant work experience selling payment rails, payment settlement solutions, attracting corporate deposits, deposit accounts or regulated banking solutions to corporates or EMI's, PSP's or MSB's. We are unable to consider your application without this background.

Our client is a high growth scale-up challenger UK bank focused on providing banking and payment solutions to the professional services markets (including segregated accounts / safeguarded deposits) and providing payments rails and clearing services to EMI's, PSP's & MSB's.

They are in a unique position, as a licensed and regulated UK bank, to support the often complex and highly regulated banking needs of this market through their experience & knowledge of the sector. As part of our continued growth & development, we are keen to hire a BDM to join our commercial team.

• You will help to contribute towards the bank's overall goals by identifying, qualifying, reaching out to, negotiating, and then closing, signing, and helping to onboard new customers to the bank.
• You will work independently to plan and forecast a business development strategy, ensuring regular contact is maintained & internal systems are updated.
• You will deliver exceptional customer service, utilising your knowledge of the space to deliver solutions to common challenges faced by target customers.
• As well as maintaining great relationships with customers & prospects, you will build strong internal networks with risk, compliance, and all other colleagues within the bank.
• You will participate in industry events, networking opportunities and be an active member of the sales & relationship management function.

About you:

• You are likely to have a minimum of 2+ years of sales, business development, account development or relationship management within the payments / banking sector (likely gained from working within a bank, EMI or PSP, or from within a regulated banking environment).
• Proven experience of sales success, with a good ability to understand and work compliantly within a heavily regulated environment.
• You will have knowledge of the overall payments landscape, including risk, regulation, AML, financial services & banking (SEPA, SWIFT, BACS, CHAPS), virtual & crypto, open banking.
• Pro-active, strong work ethic and a great attitude to representing the bank will all be essential keys to success.
• You must have knowledge of the regulated banking space and experience of selling relevant products.
• You will be a well-organised individual, happy to work in a multi-cultural team, with an organised and responsible approach & great communication skills.