Business Development Manager

Limassol , Cyprus
full-time

AI overview

Drive company growth by securing new business opportunities and maintaining key client relationships while collaborating with internal teams to ensure organizational goals are met.

The Business Development Manager (BDM) will play a key role in driving the company’s growth and expanding the company’s market presence within their assigned market region by identifying, pursuing, and securing new business opportunities. This position requires a proactive, results-driven professional who can execute strategic initiatives, cultivate strong client relationships, and build a sustainable pipeline of high-value clients. The BDM will be instrumental in expanding the company's market presence, ensuring consistent revenue growth, and contributing to the overall success of the organization.


Responsibilities:

  • Identify, pursue, and secure new business opportunities to meet and exceed revenue targets and contribute to the company’s strategic growth objectives.
  • Develop and manage a portfolio of key client relationships, ensuring high levels of satisfaction, retention, and expansion.
  • Implement the business development strategy by creating and executing tactical plans designed to achieve organizational goals.
  • Build and maintain a robust development pipeline, ensuring a consistent flow of new opportunities aligned with revenue targets.
  • Identify and leverage cross-selling and upselling opportunities within the existing client base to maximize revenue.
  • Monitor and analyse market trends, competitor activity, and client needs to identify growth opportunities and adjust strategies accordingly.
  • Work closely with internal teams, including Sales, Marketing, and Compliance, to align efforts and ensure seamless execution of business development initiatives
  • Ensure compliance with internal policies, procedures, and regulatory requirements.
  • Complete all required training programs and continuously enhance industry knowledge and skills.
  • Provide regular, detailed updates to management on progress, pipeline status, client feedback, and market insights to inform strategic decisions.


Requirements:

  • Bachelor’s degree in business, Finance, or a related field (or equivalent experience).
  • 2-4 years of proven business development experience in the forex or financial services industry.
  • Proven ability to generate revenue and meet or exceed sales targets
  • Strong communication, negotiation, and interpersonal skills.
  • Strong analytical skills with the ability to interpret market data and client feedback to drive business decisions
  • Results-driven, with a strong focus on meeting and exceeding targets.
  • Team-oriented, with the ability to collaborate across departments.
  • Basic knowledge of technical and fundamental analysis
  • Solid experience with MT4/MT5 platform
  • Solid experience with CRM software
  • Excellent use (oral and writing) of English language
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