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Senior Business Development Manager - Payments

Company Description

Technology is our how. And people are our why. For over two decades, we have been harnessing technology to drive meaningful change.
 
By combining world-class engineering, industry expertise and a people-centric mindset, we consult and partner with leading brands from various industries to create dynamic platforms and intelligent digital experiences that drive innovation and transform businesses.
 
From prototype to real-world impact - be part of a global shift by doing work that matters.

Job Description

The Commercial discipline is responsible for driving business growth, managing partnerships, and providing industry subject matter expertise and advisory to both clients and internal teams. This strategic and consultative team creates meaningful relationships with clients through their combined knowledge of IT services and industry trends and pain points.

As a Business Development Manager at Endava, you will identify new clients, and introduce them to our capabilities and IT services. You'll guide these new customers through the entire sales cycle, offering solutions that allow them to achieve business goals through enterprise transformation of their IT environment. 

Responsibilities:

  • Serve as the trusted advisor selling IT Professional Services to potential clients to showcase our exceptional capability and build long standing collaborative relationships.
  • Identify potential target clients through lead generation strategies, cold calling, networking, referrals, and online research.
  • Execute an end-to-end client sales cycle focused on the sales process from the acquisition of new clients to closing deals and driving revenue growth.
  • Develop and maintain a robust pipeline of qualified leads and prospects by researching and contacting prospects in alignment with sales goals.
  • Negotiate, manage, and close strategic new business deals.
  • Achieve and exceed sales targets and objectives, consistently delivering revenue goals.
  • Apply your industry knowledge, its technological landscape, and the complex challenges it faces to become the Subject Matter Expert (SME) on technology challenges within your vertical.
  • Exceed your personal financial goals by growing your book-of-business, driving revenue growth, and achieving uncapped commission in our aggressive commission model.
  • Participate in external industry events
  • Support sales targeting and marketing activities, for example reviewing lists of conference attendees to determine optimal targets and coordinating across a sales team to reach out or reviewing lists of marketing leads to assess and coordinate with the broader sales team to determine who to target and 

Qualifications

  • 3-6+ years of new business development experience focused on selling offshore/nearshore IT Professional Services.
  • Experience within the Payments industry, with a strong understanding of the industry technological trends and challenges. 
  • Experience leading new business development initiatives to drive sales opportunities for large enterprise clients.
  • Sales-driven professional with hunter-centric sales experience including prospecting, cold calling, qualifying leads, conducting sales presentations, negotiating, closing contracts, and building relationships.
  • Strong ability to identify industry pain points to engage with and persuade VP level decision-makers.
  • Self-motivated and driven to achieve and exceed sales targets.
  • Demonstrated track record of success in new business development, achieving an annual quota.
  • Experience preparing and presenting proposals, business cases, and statements of work.

Additional Requirements:

  • Travel is an integral part of a this role and the individual will need to travel locally, within country, and internationally as needed to perform the role (they should have a valid passport/driving license and be prepared to travel during working hours as needed by the company).
  • Work-related tradeshows or live events may require the individual to occasionally lift 25 pounds.

Additional Information

Discover some of the global benefits that empower our people to become the best version of themselves:

  • Finance: Competitive salary package, share plan, company performance bonuses, value-based recognition awards, referral bonus;   
  • Career Development: Career coaching, global career opportunities, non-linear career paths, internal development programmes for management and technical leadership;
  • Learning Opportunities: Complex projects, rotations, internal tech communities, training, certifications, coaching, online learning platforms subscriptions, pass-it-on sessions, workshops, conferences;
  • Work-Life Balance: Hybrid work and flexible working hours, employee assistance programme;
  • Health: Global internal wellbeing programme, access to wellbeing apps;
  • Community: Global internal tech communities, hobby clubs and interest groups, inclusion and diversity programmes, events and celebrations.

Additional Employee Requirements  

  • Participation in both internal meetings and external meetings via video calls, as necessary. 
  • Ability to go into corporate or client offices to work onsite, as necessary. 
  • Prolonged periods of remaining stationary at a desk and working on a computer, as necessary. 
  • Ability to bend, kneel, crouch, and reach overhead, as necessary. 
  • Hand-eye coordination necessary to operate computers and various pieces of office equipment, as necessary. 
  • Vision abilities including close vision, toleration of fluorescent lighting, and adjusting focus, as necessary. 
  • For positions that require business travel and/or event attendance, ability to lift 25 lbs, as necessary. 
  • For positions that require business travel and/or event attendance, a valid driver’s license, as necessary. 

*If requested, reasonable accommodations will be made to enable employees requiring accommodations to perform the essential functions of their jobs, absent undue hardship.   

USA Benefits 

  • Robust healthcare and benefits including Medical, Dental, vision, Disability coverage, and various other benefit options  
  • Flexible Spending Accounts (Medical, Transit, and Dependent Care)  
  • Employer Paid Life Insurance and AD&D Coverages  
  • Health Savings account paired with our low-cost High Deductible Medical Plan  
  • 401(k) Safe Harbor Retirement plan with employer match with immediately vest   

Our diversity makes us stronger - it drives meaningful change and enables us to build innovative technology solutions. We are committed to creating an inclusive community where all of us, regardless of background, identity, or personal characteristics, feels valued, respected, and free from discrimination. As an equal opportunity employer, we welcome applications from all individuals and base hiring decisions on merit, skills, qualifications, and potential.

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CEO of Endava
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Average salary estimate

$100000 / YEARLY (est.)
min
max
$80000K
$120000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Business Development Manager - Payments, Endava

If you're an ambitious and driven professional looking for an exciting opportunity in the world of payments, then the Senior Business Development Manager position at Endava in London might just be your perfect match! Here, at Endava, we have spent over two decades pioneering technology to create meaningful change for businesses across various industries. As part of our team, you'll play a pivotal role in our Commercial discipline, focusing on identifying new clients and guiding them through the sales cycle in an engaging, consultative manner. In your role, you will leverage your deep understanding of the Payments industry to serve as a trusted advisor, showcasing our exceptional IT Professional Services. You'll utilize innovative lead generation strategies, manage the entire sales process, and develop lasting relationships with clients, all while achieving impressive sales targets. We're excited to offer you uncapped commission potential, so your success can directly benefit you. With our emphasis on collaboration, industry expertise, and personal development, you'll never stop growing both personally and professionally at Endava. Plus, our commitment to a diverse and inclusive workplace means you'll be welcomed with open arms into a vibrant community that values your unique skills and perspectives. If you're ready to drive business growth and create noticeable impact in the tech world, join us at Endava and let’s make a difference together!

Frequently Asked Questions (FAQs) for Senior Business Development Manager - Payments Role at Endava
What qualifications are needed for the Senior Business Development Manager position at Endava?

To apply for the Senior Business Development Manager position at Endava, you’ll need 3-6+ years of new business development experience, especially focused on selling offshore/nearshore IT Professional Services. A strong understanding of the Payments industry is essential, along with sales-driven expertise in prospecting, cold calling, and closing deals. Additionally, demonstrated success in achieving sales targets and familiarity with preparing proposals enhances your candidacy.

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What are the primary responsibilities of a Senior Business Development Manager at Endava?

As a Senior Business Development Manager at Endava, you will be responsible for serving as a trusted advisor to potential clients, driving the end-to-end sales cycle from lead generation to closing deals. This includes identifying target clients through various strategies, maintaining a robust pipeline of qualified leads, negotiating and managing new business deals, and achieving your sales objectives. Your role will also involve attending industry events to support your networking efforts.

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What is the commission structure for the Senior Business Development Manager at Endava?

At Endava, the Senior Business Development Manager enjoys an aggressive commission model which allows for uncapped earning potential. This means that the more successful you are in driving revenue and achieving sales targets, the higher your financial rewards can be! This structure is designed to incentivize top performers and foster a winning sales culture.

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What opportunities for career development does Endava offer for the Senior Business Development Manager?

Endava is committed to fostering career development opportunities for its Senior Business Development Managers through various programs including coaching, training, and global career advancement initiatives. Employees can engage in complex projects, explore internal development programs for technical leadership, and access online learning platforms and workshops to continuously enhance their skills.

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Is travel a requirement for the Senior Business Development Manager role at Endava?

Yes, travel is an integral aspect of the Senior Business Development Manager position at Endava. The role may require you to travel locally, nationally, and even internationally to meet clients and attend events as necessary. Candidates should have a valid passport and be comfortable traveling during working hours to perform their role effectively.

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Common Interview Questions for Senior Business Development Manager - Payments
How do you approach lead generation for new business opportunities?

When answering this question, discuss your strategies for identifying potential clients, such as leveraging industry contacts, utilizing social media, networking at events, and researching market trends. Highlight the importance of personalized outreach and follow-ups in maintaining engagement.

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Can you provide an example of a time you successfully closed a significant deal?

Use the STAR method (Situation, Task, Action, Result) to describe a specific instance where you identified a client’s need, crafted a compelling proposal, navigated objections, and ultimately closed the deal. Emphasize your negotiation skills and the relationship you built with the client.

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What do you consider to be the biggest challenge in business development within the Payments industry?

Show your understanding of the Payments industry by discussing specific challenges, such as regulatory changes, innovation in technology, or competition. Explain how you would navigate these challenges and turn them into opportunities for your clients.

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How do you build and maintain relationships with clients?

Develop your response around the value of empathy, regular communication, and trust-building. Discuss techniques such as scheduling check-ins, offering valuable insights regularly, and being proactive in addressing client needs.

Join Rise to see the full answer
Describe how you stay updated on industry trends and technology.

Mention your methods for staying informed, such as following industry publications, attending conferences, and participating in relevant online communities. You might also highlight how this continuous learning has informed your client interactions.

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What sales methodologies do you prefer and why?

Be prepared to discuss specific sales methodologies, such as SPIN Selling or Challenger Sale, explaining why you find them effective. Reference your own experience in applying these methodologies to improve sales results.

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How do you prioritize leads and opportunities in your pipeline?

Discuss your criteria for prioritizing leads, such as potential revenue, strategic fit, or urgency of needs. An effective response might include your use of CRM tools to track opportunities and ratings based on anything from engagement levels to relationship history.

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What strategies do you use for effective negotiation?

Talk about your approach to negotiation, including preparing thoroughly, understanding the client's needs, and finding mutually beneficial solutions. You might illustrate this with an example or two from past experiences.

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How do you handle rejection or failure in business development?

Discuss your mindset regarding rejection as a learning opportunity. Explain how you analyze what went wrong, iterate on your approach, and use feedback for continuous improvement in your sales tactics.

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Why do you want to work at Endava as a Senior Business Development Manager?

Your answer should reflect your alignment with Endava's culture, mission, and your enthusiasm for the Payments industry. Emphasize what draws you to their innovative projects and commitment to meaningful change in technology.

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We have built our organisation around a simple philosophy: We focus on helping people to be successful. The people who work for us, the people who engage with us, and the people who use the systems and applications we design, build and operate.

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Full-time, hybrid
DATE POSTED
April 12, 2025

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