Account Executive

Sokin

$190K — $210K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years of business development experience in remittance or financial services
  • Strong understanding of remittance market dynamics and regulations
  • Track record of building and converting a sales pipeline
  • Exceptional negotiation and stakeholder management skills
  • Strategic thinker with data-driven decision-making ability
  • Excellent communication and interpersonal skills
  • Bachelor's degree in Business, Marketing, or related field

Responsibilities

  • Develop and execute a strategic business development plan
  • Conduct market analysis and competitor benchmarking
  • Oversee customer acquisition and retention strategies
  • Implement customer service initiatives to boost satisfaction
  • Manage budgets and financial forecasts for business development initiatives

Benefits

  • Flexible working culture with hybrid options
  • Commitment to an inclusive and diverse workplace
  • Opportunity to work in a rapidly expanding global startup
  • Access to a community of professionals across various industries
  • Support for accommodations during the recruitment process
Full Job Description
Role: Business Development Manager Compensation plus OTE

Sokin's London Account Executive team is growing, and we're looking for an exceptional Business Development Manager to join the team and support our continued growth.

Targeting enterprise-level clients as well as SME's, this is a full 360° role where you'll be responsible for building your own pipeline, developing long-term relationships, and working with some of the biggest companies in the world.

We're looking for a driven, hungry, and ambitious BDM with proven experience engaging senior stakeholders and clients, and a consistent track record of hitting and exceeding targets. You'll be commercially astute, relationship-focused, and motivated by winning new business in a fast-growing, global environment.

Role & Responsibilities
  • Strategic New Business Growth: Develop and execute a strategic new business development plan to drive revenue growth, market share expansion, and achieve organizational objectives through the acquisition of new logos to the business. Identify new market opportunities and stay informed about emerging trends and technologies in the remittance industry.
  • Market Analysis and Competitive Intelligence: Conduct in-depth market analysis, competitor benchmarking, and customer feedback analysis to identify business opportunities and gain a competitive edge. Translate market insights into actionable strategies and tactics to drive business growth.
  • Customer Acquisition and Retention: Oversee customer acquisition strategies to expand our customer base and increase brand loyalty. Implement customer retention initiatives and ensure exceptional customer service to maximize customer satisfaction and recurring business.
  • Financial Performance and Reporting: Develop and manage budgets, forecasts, and financial models to support business development initiatives. Monitor financial performance, analyse variances, and provide regular reports to senior management.

Requirements
  • Minimum 6+ years of progressive experience in business development within the remittance or financial services industry, with a proven track record of achieving business objectives
  • Strong understanding of remittance market dynamics, regulatory compliance, and industry trends.
  • Proven track record of building a pipeline within sectors and converting those connections into new business.
  • Exceptional negotiation, communication, and stakeholder management skills.
  • Ability to think strategically, analyse market trends, and make data-driven decisions.
  • Excellent communication and interpersonal skills, with the ability to build rapport and influence key stakeholders, both written and verbal/over the phone/via email.
  • Previous experience working in a FinTech/Start-Up environment Payments/Remittance market in a business development or sales role, preferably in the remittance industry is preferred but not essential.
  • Proven ability to identify and generate new business opportunities, resulting in increased revenue and growth.
  • Self-motivated, proactive, and results-driven mindset with a strong spirit.
  • Ability to work collaboratively within a team environment, as well as independently.
  • Bachelor's degree in Business, Marketing, or a related field.

Please note, candidates will need to have the right to work in the jurisdiction that they are looking to work in.

Department Sales Locations New York Remote status Hybrid Yearly salary 190,000 - 210,000

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