Business Development Manager

Ultima Markets; Bengaluru; Hybrid; INR 600,000 - 900,000; Full time

Job summary

Ultima Markets in Bengaluru is seeking a results-driven Business Development Associate to expand the Introducing Brokers network, drive trading activity, and strengthen market presence. You will engage partners, resolve issues, and coordinate with Client Support and Marketing.

The role requires 1–2 years of sales experience in brokerage, English fluency, and a proactive, adaptable attitude. Knowledge of forex and onboarding is a plus with growth opportunities in a fast-paced environment.

Qualifications

• 1–2 years of sales or business development experience in the brokerage industry.
• Foundational understanding of the forex market, trading products, and client onboarding is a plus.
• Fluent in English; additional languages are advantageous.
• Strong communication and relationship-building skills to attract clients or partners.
• Self-motivated, detail-oriented, and able to thrive in a fast-paced, performance-driven environment.

Responsibilities

• Build and diversify a pipeline of Introducing Brokers, partners, and clients to drive trading activity.
• Provide hands-on support for technical issues and escalate when necessary.
• Deliver timely updates on products, platform enhancements, and promotional campaigns to partners.
• Equip IBs and partners with marketing materials and rewards to support engagement.
• Negotiate commission and rebate structures with IBs for sustainable growth.
• Coordinate with Client Support, Operations, and Marketing to resolve issues.
• Collaborate on product updates and promotional campaigns with internal teams.
• Conduct market research on industry trends and competitor activity.
• Share insights with stakeholders to support strategic planning.

Skills

Sales experience

Business development

Brokerage knowledge

CRM familiarity

English fluency

Tools

CRM systems

Job description

Who Are We?

Ultima Markets is a secure and regulated CFD trading gateway, offering access to 1,000+ instruments, including Forex, Commodities, Indices, and Stocks, to clients in over 170 countries. Founded in 2016, we are the Official Regional Partner of FC Internazionale Milano and the first CFD broker to support the UN Global Compact. We operate globally through entities regulated by the FCA, FSCA, and FSC, and in 2025 were honoured with 50+ global awards, including Best CFD Broker Global 2025.

To learn more about our company, please visit our website: .

Responsibilities

• Build and diversify a pipeline of Introducing Brokers (IBs), partners, and clients by leveraging personal networks and proactive outreach to drive trading activity, expand the customer base, and strengthen the company’s presence in targeted markets.
• Offer hands-on support for technical issues such as system or account errors, commission/rebate discrepancies, etc.; elevate to appropriate teams for effective resolution when necessary.
• Deliver timely updates to partners on new products, platform enhancements, promotional campaigns, and policy changes to ensure partners are well-informed and aligned.
• Equip IBs and partners with relevant marketing materials, merchandise, and rewards to support client engagement and retention efforts.
• Negotiate commission and rebate structures with IBs and partners to ensure sustainable, mutually beneficial partnerships and long-term business growth.
• Liaise with internal departments such as Client Support, Operations, and Marketing to resolve client and partner issues, including rebate discrepancies, account problems, and platform-related concerns.
• Collaborate with relevant internal teams to ensure alignment and clear communication on product updates, promotional campaigns, and service enhancements.
• Conduct ongoing market research to monitor industry trends, competitor activities, and emerging opportunities.
• Share relevant insights and feedback with internal stakeholders as needed to support strategic planning and business development initiatives.

Qualifications

• Minimum of 1–2 years of experience in sales or business development within the brokerage industry, ideally with an established client portfolio.
• Foundational understanding of the forex market, trading products, brokerage business models, CRM systems, and the client onboarding process is a strong advantage.
• Fluent in English; proficiency in additional languages will be an advantage.
• Strong communication and relationship-building skills, with the ability to engage diverse stakeholders, foster trust, and attract clients or partners to the company’s trading services.
• Self-motivated, detail-oriented, and highly adaptable, with a strong willingness to learn and thrive in a fast-paced, performance-driven environment.