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Business Development Manager (CFD)

Markets.com · Saudi Arabia

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About the Job: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.