Institutional Business Development Manager

CMC Markets; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading FinTech company in Singapore is seeking an experienced Institutional Business Development Manager. You will be responsible for growing a new client base by researching and creating institutional sales opportunities across the APAC market. The ideal candidate has proven business development experience and financial markets knowledge. Competitive salary and full-time position offered.

Qualifications

• Proven Business Development/Relationship Management experience.
• Financial markets experience; knowledge and understanding of foreign exchange, CFDs.
• Able to work confidently to performance targets.

Responsibilities

• Research and create broker, bank and hedge fund relationships.
• Manage your own region, identify leads.
• Identify clients’ requirements and offer trading solutions.

Skills

Proven Business Development experience

Financial markets experience

Strong team player

Confident verbal and written communicator

Job description

Institutional Business Development Manager page is loaded

Institutional Business Development Manager

Apply locations Singapore time type Full time posted on Posted 30+ Days Ago job requisition id CMC4521

ROLE AND RESPONSIBILITIES

An opportunity to play an integral part, both on an individua l basis and within a recently established team.

You will help achieve CMC Markets’ business goals for sales growth of our institutional business by taking responsibility for growing a new client base.

This will include researching, identifying and creating institutional sales opportunities for the APAC market .

Key responsibilities:

• Responsible for researching, identifying and creating broker, bank and hedge fund relationships and other sales opportunities within designated region s

• Responsible for managing your own region(s), using initiative/established contacts to identify potential leads .

• Analyse and understand CMC Markets’ USPs and those of our competitors in order to maximi ze our position in the market.

• Identify clients’ requirements and offer relevant trading solutions , including API, White Label and Introducing Broker arrangements.

• Develop all sales opportunities, offering a range of potential products to clients including , margin foreign exchange , CFD instruments, and other derivative asset classes.

• Negotiate and produce commercially beneficial business for and on behalf of CMC Markets

• Identify and assess sales/marketing initiatives to assist in achieving personal and overall business targets, meet personal KPIs/targets and add value to team success

• Negotiate and prepare commercial terms and partner agreements , liaising with the legal, BI and dealing teams where appropriate

• Maintain an up to date understanding of the relevant financial markets , its participants and technologies

• Understand and adhere to CMC Markets’ compliance guidelines; research, understand and adhere to specific local regulatory requirements for your region(s)

• Collate and review target client’s corporate documentation for Legal/ Compliance assessment and sign-off

• Work closely with the Sales Trading team to r equest/analyse client feedback and ensure the relationships are running as anticipated .

• S uggest improvements to departmental process and procedure

• Provide weekly and monthly Management Information to include call reports, contact reports, and business opportun ities reports to APAC Head of Institutional .

• Maintain personal/professional development to meet th e changing demands of the role and participate in all appropriate trai ning .

• Ensure a positive approach to challenge and provide open and honest feedback

• In all internal and external contact, present a professional and positive image of the department and CMC Markets as well as maintaining constructive relationships

• Take all reasonable steps to ensure appropriate confidentiality

• Undertake such other duties, training and/or hours of work as may be reasonably required and which are consistent with the general level of responsibility of this role.

KEY SKILLS AND EXPERIENCE

Essential criteria

• Proven Business Development/Relationship Management experience.

• Financial markets experience; knowledge and understanding of fo reign exchange, CFDs, with additional knowledge of shares and shares dealing being an advantage

• Able to work confidently to performance targets

• Confident verbal and written communicator in both English and relevant regional language, with ability to liaise effectively at all levels

• Self-motivated and driven; able to act on own initiative

• Strong team player; able to assist , support and develop colleagues

• Professional approach and presentable appearance at all times

Desirable criteria

• Experience in similar role with other CFD /FX broker or liquidit y provider

• Analytical abilities to collate and report relevant facts and figures

• Knowledge of, and a strong network in, specific industry segment and region

• Knowledge of automated trading solutions and API connectivity

About Us

CMC Markets is one of the world’s first ever fin-tech companies and was launched in 1989 to break down the barriers of financial trading and make trading accessible to everyone.

Our mission is to use our award-winning, Next Generation trading platform and unparalleled client service to empower millions of people to have the best trading experience out there. Our clients can trade on thousands of instruments using the best technology, supported by sophisticated charting, competitive pricing and automated execution.

We're trusted by investors globally, but also by banks, brokers, funds and trading desks though our top-tier liquidity institutional offering, enabling these businesses to expand into new markets and increase revenue potential.

We were recently listed on the FTSE250, and our business continues to go from strength to strength as we continue to invest in our technology and our people.