Job Description
Roles & Responsibilities
Business Development & Revenue Growth
- Identify and develop new business opportunities across target markets and regions.
- Develop and execute business development strategies to increase client acquisition and trading activity.
- Build and maintain a strong pipeline of prospective clients, IBs, affiliates, and strategic partners.
- Generate qualified leads through networking, direct outreach, industry events, referrals, and other business development channels.
- Manage the complete business development cycle from prospecting and initial contact through negotiation, onboarding, and relationship development.
- Achieve agreed monthly, quarterly, and annual business development and revenue targets.
Client & Partner Acquisition
- Establish and maintain strong relationships with traders, Introducing Brokers, affiliates, money managers, and other industry partners.
- Identify high-potential partners and develop mutually beneficial commercial relationships.
- Negotiate commercial terms, partnership structures, commissions, rebates, and other business arrangements within company guidelines.
- Work closely with the sales and client onboarding teams to ensure a smooth onboarding experience for new clients and partners.
- Develop existing relationships to increase client retention, trading activity, and overall revenue contribution.
Market Development
- Conduct market research to identify new geographical markets, customer segments, and business opportunities.
- Monitor competitor offerings, pricing, trading conditions, promotions, and partnership programs.
- Track developments and trends within the global Forex and CFD industry.
- Provide management with market intelligence and recommendations for market expansion.
Relationship Management
- Maintain regular communication with key clients and business partners.
- Understand partner and client requirements and coordinate with internal teams to address business-related issues.
- Build long-term relationships with high-value partners and key industry stakeholders.
- Represent the company professionally at industry conferences, exhibitions, networking events, and business meetings.
Internal Coordination & Reporting
- Maintain an accurate and up-to-date business development pipeline and CRM records.
- Prepare regular reports covering leads, conversions, active partnerships, revenue contribution, and business development activities.
- Work closely with Marketing, Sales, Operations, Compliance, Finance, and Client Support teams.
- Provide feedback to management regarding market requirements, competitor activity, and potential business opportunities.
- Ensure all business development activities are conducted in accordance with company policies, regulatory requirements, and approved commercial practices.
Key Performance Indicators (KPIs)
Performance will be measured based on:
- New qualified leads generated
- New clients and partners acquired
- Number and quality of new IB/affiliate relationships
- Trading volume and revenue generated from acquired business
- Conversion rate from leads to active clients/partners
- Growth of the assigned market or territory
- Partner retention and revenue growth
- Achievement of monthly and quarterly business development targets
- Quality and accuracy of CRM and pipeline management
- Requirements