Business Development Manager (CFD)

Markets.com; Saudi Arabia; On-site; SAR 180,000 - 300,000; Full time

Job summary

Markets.com is seeking a commercially driven Business Development & Sales Manager in Saudi Arabia to identify and develop new business opportunities, build strategic partnerships, and drive growth across target markets.

You will manage customer acquisition, onboard partners, and maintain relationships to maximize revenue. Strong CRM, negotiation, and industry knowledge are essential to succeed in this role.

Qualifications

• Bachelor's degree in Finance, Business, Economics, or related field.
• Minimum 3 years in Business Development, Sales, Partnerships, or related commercial role.
• Good understanding of FX/CFD trading industry and platform dynamics.
• Proven track record in sales, negotiation, and targets.
• Strong networking and relationship-building skills.
• Proficiency with CRM systems; familiarity with MT4/MT5/cTrader.

Responsibilities

• Identify, prospect, and develop new business opportunities across target markets and client segments.
• Build and maintain relationships with Introducing Brokers, affiliates, and strategic partners.
• Develop new business relationships and onboard qualified clients and partners.
• Maintain and grow relationships with existing clients and partners; focus on engagement and revenue.
• Manage the commercial process from initial contact through onboarding and ongoing relations.
• Identify opportunities to increase revenue through existing relationships and new channels.
• Research industry trends, competitor activity, and market opportunities to support strategy.
• Maintain an active sales pipeline and use CRM to track opportunities and performance.
• Aim to achieve or exceed sales, revenue, and KPI targets.
• Collaborate with Marketing, Compliance, Operations, Support for smooth onboarding.

Skills

Business Development

Sales

Partnerships

Negotiation

CRM

Market Awareness

Communication

Commercial Mindset

Education

Bachelor's degree

Tools

CRM systems

Trading platforms MT4/MT5/cTrader

Job description

We are looking for a commercially driven Business Development & Sales Manager to identify and develop new business opportunities, build strategic partnerships, and contribute to the growth of the company's products and services across target markets.

Key Responsibilities:

• Business Development: Identify, prospect, and develop new business opportunities across target markets and client segments.
• Partnership Development: Build and maintain relationships with Introducing Brokers (IBs), affiliates, strategic partners, and other commercial partners.
• Client & Partner Acquisition: Develop new business relationships and onboard qualified clients and commercial partners in line with company procedures.
• Account Management: Maintain and develop strong relationships with existing clients and partners, with a focus on engagement, retention, and commercial growth.
• Sales & Negotiation: Manage the commercial process from initial contact through negotiation, onboarding, and ongoing relationship management.
• Commercial Growth: Identify opportunities to increase revenue through existing relationships, new partnerships, and additional commercial channels.
• Market Development: Research industry trends, competitor activity, target markets, and business opportunities to support the company's commercial strategy.
• Pipeline Management: Maintain an active business development pipeline, manage opportunities through the CRM, and provide regular reporting on activities, opportunities, and performance.
• Performance: Achieve or exceed agreed sales, revenue, partnership, and business development KPIs.
• Internal Collaboration: Work closely with Marketing, Compliance, Operations, Support, and other internal teams to ensure smooth onboarding and effective delivery of products and services.
• Product Knowledge: Maintain a strong understanding of the company's products, services, trading platforms, commercial offering, and relevant industry developments, while communicating product information accurately and within applicable regulatory requirements.

Qualifications & Requirements:

• Education: Bachelor's degree in Finance, Business, Economics, or a related field. Relevant industry certifications are a plus.
• Experience: Minimum 3 years of experience in Business Development, Sales, Partnerships, or a related commercial role, preferably within CFD, Forex, crypto, financial services, or trading platforms.
• Industry Knowledge: Good understanding of the FX/CFD industry, trading platforms, and the commercial dynamics of online trading businesses.
• Sales & Negotiation: Proven track record of developing new business relationships, negotiating commercial terms, and achieving agreed targets.
• Networking: Strong ability to build and maintain relationships with clients, IBs, affiliates, strategic partners, and other industry contacts.
• Communication: Excellent interpersonal, presentation, communication, and negotiation skills.
• Commercial Mindset: Strong understanding of revenue generation, customer acquisition, partnership development, and commercial growth.
• Technology: Proficiency with CRM systems and familiarity with trading platforms such as MT4, MT5, cTrader, or similar.
• Market Awareness: Ability to identify relevant industry and market developments and translate them into commercial opportunities.
• Regulatory Awareness: Understanding of the importance of operating within applicable regulatory requirements and company policies, including clear boundaries around the provision of investment or trading advice.
• Flexibility: Willingness to relocate and comfortable working in a fast-paced, international, and evolving environment.