Business Development Manager

Ultima Markets; Ludhiana; On-site; INR 600,000 - 900,000; Full time

Job summary

Ultima Markets is seeking a proactive Business Development professional to build and diversify a pipeline of Introducing Brokers and partners in target markets. You will leverage networks to drive trading activity and expand the customer base while representing the company’s trading services.

Responsibilities include offering hands-on support for technical issues, sharing product updates, providing marketing materials, and negotiating commission structures with partners.

Qualifications

• 1–2 years of sales or business development experience in brokerage.
• Foundational understanding of forex and trading products is a plus.
• Fluent in English; additional languages are advantageous.

Responsibilities

• Build and diversify a pipeline of Introducing Brokers (IBs), partners, and clients to drive trading activity.
• Provide hands-on support for technical issues and escalate to appropriate teams when needed.
• Deliver updates to partners on new products, platform enhancements, promotions, and policy changes.
• Equip IBs and partners with marketing materials, merchandise, and rewards.
• Negotiate commissions and rebates with IBs and partners for sustainable growth.
• Coordinate with Client Support, Operations, and Marketing to resolve issues and rebates.

Skills

Sales experience

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.