Junior Business Development Manager

Type: Trainee
Region:

Contribute towards Digital Transaction Banking’s success through sales support and key performance targets.

Research, plan and implement new Business sectors to target that are aligned to the Bank’s strategy.

Acquire new business opportunities with a focus on SMEs that will have a need to make payments such as Importers/Exporters. You will also need to assist with the support of getting leads for the following sectors: Brokers, Asset Management Firms, Wealth Management Firms and Fund Managers.
Also acquire new business opportunities with a focus on payments and FX .
Maintain iFAST Bank policies, procedures and controls and ensure that they are always followed as first line of defence.

Ensure that with new business sectors introduced service levels and facilities can be maintained and improved that will increase standards of customer service to achieve brand loyalty.
Enable strong relationships with all 3rd parties to raise the profile of our brand in the market.
Maintain good relationships with all colleagues within iFAST Global Bank Limited.
Be actively involved in all the relevant initiatives and activities across the business.
Deliver iFAST’s ‘Values and Code of Conduct’, take personal responsibility to follow the highest standards of ethics.
Perform any other reasonable duties as and when the business requires.
Enable strong relationships with all your colleagues and any clients to optimise utilisation of iFAST’s products and services.
Identify new business sectors with easily identifiable prospects that will bring in business to achieve targets.
Market these sectors with the focus on them approaching us rather than us contacting each of them.
Assist with the implementation and maintenance of an effective client contact strategy.
Support client retention strategies for all our new and existing customers.
Cultivate knowledge: Participate in networking opportunities; read professional publications; grow your network.
Ensure that iFAST Bank’s ‘Treating Customers Fairly’ policy and “Consumer Duty Policy” are both considered when aligning new business sectors with iFAST Bank facilities.

Requirements

You must have a minimum of 2 years’ experience in a similar role, ideally within Retail or Commercial Banking, or a Non-Bank Financial Institution Payment Sector environment.
Success by meeting key business targets individually and/or collectively within a team.
Proven success of increasing share of wallet.
Structured, organised and methodical in your day-to-day planning.
Ability to interact, persuade and influence key stakeholders.
Understanding of services required by Financial Institutions such as Foreign Exchange, all types of Payments, and Client savings services, and the intricacies within each of these schemes.
Knowledge of UK regulatory compliance requirements, AML/Financial Crime and risk management principles is preferred.

Benefits