Business Development & Forex IB Manager

NEXUS MARKETS SYNERGY MANAGEMENT CONSULTANCY - FZCO

Posted on 31 Jul

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Experience

2 - 8 Years

Job Location

Remote (Company based out of Dubai - United Arab Emirates (UAE))

Education

MBA/PG Diploma in Business Mgmt(International Business, Marketing)

Nationality

Any Arab National, Any GCC National, Any European National, Any Anglophone National

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

• Develop and execute strategic growth plans to expand market share and revenue within the Forex IB sector.
• Identify, onboard, and nurture relationships with Introducing Brokers (IBs), providing them with comprehensive support and resources.
• Analyze market trends, competitor activities, and client feedback to identify new business opportunities and refine strategies.
• Design and implement performance-driven incentive programs and commission structures to motivate IBs.
• Oversee the entire client lifecycle for IB accounts, ensuring seamless onboarding, ongoing engagement, and issue resolution.
• Collaborate with marketing and sales teams to create compelling collateral and campaigns tailored for IB acquisition and retention.
• Manage and forecast the IB channel budget, ensuring efficient allocation of resources and maximizing ROI.
• Ensure compliance with all relevant financial regulations and internal policies for IB operations.
• Conduct regular performance reviews and provide actionable insights to IBs to help them optimize their business.
• Lead and mentor a team of business development professionals focused on the IB channel, fostering a high-performance culture.
• Compensation & Payout Structure (Pure Commission)
  • Base Salary: This is a 100% performance-based, commission-only contract. There is no fixed monthly base salary.
  • Commission Share: The Contractor will receive 70% (Seventy Percent) of the total net commissions/rebates generated by their referred network and paid directly to the Company by the Main Broker.
  • Payout Terms: Commissions will be calculated and transferred to the Contractor on a monthly basis, within [e.g., 5 business days] after the Company receives the official payout clearance from the Main Broker. [1]

Desired Candidate Profile

• Bachelor's degree in Finance, Business Administration, Marketing, or a related field.
• Minimum of 5 years of proven experience in business development or partnership management within the Forex or financial services industry.
• Demonstrated success in recruiting, managing, and growing a network of Introducing Brokers.
• Strong understanding of Forex markets, trading instruments, and regulatory frameworks.
• Excellent negotiation, communication, and interpersonal skills, with the ability to build rapport with diverse stakeholders.
• Proficiency in CRM software and data analysis tools for tracking performance and identifying trends.
• Ability to develop and execute strategic plans with a results-oriented mindset.
• Fluency in English; proficiency in additional languages relevant to key markets is a significant advantage.
• Professional certifications such as CF30, Series 3, or similar are highly desirable.
• A proactive and entrepreneurial spirit, coupled with strong problem-solving capabilities.
• Compensation & Payout Structure (Pure Commission)
  • Base Salary: This is a 100% performance-based, commission-only contract. There is no fixed monthly base salary.
  • Commission Share: The Contractor will receive 70% (Seventy Percent) of the total net commissions/rebates generated by their referred network and paid directly to the Company by the Main Broker.
  • Payout Terms: Commissions will be calculated and transferred to the Contractor on a monthly basis, within [e.g., 5 business days] after the Company receives the official payout clearance from the Main Broker. [1]

Employment Type

• Full-time

Company Industry