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Business Development Manager

Company Description

Hi. We’re OFX, a global provider of online international payment and money management services. Our journey is one of exciting growth and transformation, revolutionizing how businesses and individuals move and manage money globally. We're evolving into a global payment solutions provider, enabling businesses to streamline their global financial operations, improve control, reduce costs and achieve more. Our new Business Platform offers clients real-time visibility and controls over their payments, expenses, approval workflows and reconciliations to help make business easier.

At OFX, you’ll have the opportunity to bring your expertise to life, collaborate across disciplines, and be part of a team shaping the future of global money management.

Job Description

We are hiring a Business Development Manager for the UK & Europe region, who will be an integral part of the Corporate team. You will play an important part expanding revenue streams by qualifying and acquiring new leads across the Mid-Size Business Segment. You will focus on solution-based sales, to educate prospective clients on OFX's service and products. You will collaborate with other members of the sales team to successfully secure prospective clients and build business relationships. 

What you'll be doing:

  • Intelligently research, identify and convert new leads to opportunities and new clients
  • Present and explain OFX's value proposition, products and services to partner with prospective corporate clients.
  • Meet and exceed KPI targets daily, weekly, monthly.
  • Attend industry functions, such as association events and conferences; provide feedback and information on market and creative trends.
  • Collaborate with OFX's broader Operations team to stay updated with new and existing compliance and legal regulations, product advancements and distribution channels.
  • Manage data for new and prospective clients in Salesforce, tracking and recording activity.

Qualifications

What you'll bring

  • 3 to 5 years in a sales role in the B2B fintech space
  • Salesforce experience (desirable)
  • Excellent written and verbal communication
  • Ability to handle pressure, meet deadlines and prioritize tasks accordingly
  • Driven and self-motivated, with a desire to meet and achieve goals
  • Strong attention to detail
  • Fast-learner, collaborative, and keen to contribute to the team success
  • Proven consultative selling expertise
  • Ability to define requirements and propose effective solutions
  • Strong negotiation and objection handling skills

Additional Information

We’re OFXers because we want to make a difference. We see challenges as opportunities and we’re not afraid to roll up our sleeves to get stuff done. We’re committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team, cross-functionally and globally, to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

  • Always keep learning. We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career, with leadership training, secondments, internal mobility and access to a large library of online learning.
  • Make a difference. Through our Make a Difference program, we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual volunteer day, which OFXers can use together or individually, as well as matched giving and the opportunity to nominate charity of choice every quarter.
  • Reward and recognition. We recognise a job well done. OFXers are encouraged to celebrate their peers’ effort, technical expertise or support through a range of global and regional channels and awards, including quarterly and annual awards, milestones and shout outs.
  • Showing our social side. Our Good Vibes employee-led committees around the globe organize events to help keep our employees engaged inside and outside the office. Whether it’s a wellbeing activity, end of year celebration, or a monthly team get-together, our team wants you to feel welcome!
  • Benefits that mean something. We offer a range of fantastic benefits, including primary and secondary gender neutral carer parental leave (16 weeks) or birthday leave, you'll feel well-supported at OFX.
  • A great work environment. Enjoy work-life balance and flexibility with our hybrid work model, in an inclusive, diverse and non-hierarchal culture.

#LI-Hybrid

At OFX, we are committed to fostering a diverse, inclusive and accessible workplace where we value, respect, and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve, we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process, please email us at [email protected].

We encourage you to apply if this role aligns with your career aspirations.

Average salary estimate

$70000 / YEARLY (est.)
min
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$60000K
$80000K

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What You Should Know About Business Development Manager , OFX

Are you ready to take your career to the next level? Join OFX as a Business Development Manager and be at the forefront of revolutionizing the way businesses manage money globally! Based in Dublin, Ireland, you'll engage with our Corporate team to drive business growth across the UK and Europe. Your mission? To identify, qualify, and convert new leads into valuable clients for OFX, where we focus on providing slick, solution-based sales. You'll be educating prospective clients on the excellent services we offer - and your persuasive communication skills will shine as you present our unique value proposition. Experience in B2B fintech is essential, with a proven track record in sales; we're looking for someone who is driven, self-motivated, and detail-oriented. Within your role, you’ll collaborate closely with our diverse Operations team, staying in the loop on compliance and product advancements, while hitting those all-important KPI targets. Our dynamic work environment promotes learning and collaboration, and you'll find opportunities for professional growth as part of our fantastic OFX culture, where each voice counts. So, if you thrive on challenges and are ready to make a real difference, we want to hear from you!

Frequently Asked Questions (FAQs) for Business Development Manager Role at OFX
What are the main responsibilities of a Business Development Manager at OFX?

As a Business Development Manager at OFX, your core responsibilities encompass identifying and converting new leads into clients, presenting OFX’s value proposition, and collaborating with the sales team to build strong business relationships. You will also attend industry functions and track client interactions using Salesforce to ensure a strategic approach to sales.

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What qualifications do I need to apply for the Business Development Manager position at OFX?

To be a strong candidate for the Business Development Manager role at OFX, you should have 3 to 5 years of sales experience in the B2B fintech sector. Familiarity with Salesforce is desirable, alongside excellent communication skills and a driven, self-motivated attitude that allows you to meet and exceed your sales targets.

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What type of sales approach does OFX encourage for Business Development Managers?

At OFX, Business Development Managers are encouraged to employ a solution-based sales approach that focuses on understanding client needs and educating them about OFX's services and products. This consultative selling method is designed to establish trust and long-lasting business relationships.

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How does OFX support the career growth of Business Development Managers?

OFX is committed to the professional development of its employees, including Business Development Managers. You’ll have access to extensive learning resources, leadership training, and opportunities for internal mobility within the organization, helping you grow your career alongside the company.

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What is the work culture like for a Business Development Manager at OFX?

The work culture for a Business Development Manager at OFX is inclusive and collaborative, promoting a supportive environment where employees are encouraged to share their ideas, celebrate achievements, and participate in various team-building events. The hybrid work model offers flexibility, enhancing the work-life balance.

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Common Interview Questions for Business Development Manager
Can you describe your experience in the B2B fintech space as it relates to the Business Development Manager role?

In your response, highlight specific sales positions you held, the products or services you sold, and any achievements or successes you've had in generating leads and closing deals. Emphasize your understanding of the fintech landscape and your ability to adapt to its fast-paced nature.

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How do you prioritize your leads when working as a Business Development Manager?

Explain your method for assessing leads based on criteria such as fit with your company's offerings, potential value, and readiness to engage. Discuss any tools or software you use, like Salesforce, to track and manage your sales funnel effectively.

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What techniques do you use to convert leads into clients?

Describe your approach to relationship building, listening to client needs, and presenting tailored solutions. Offer examples of how you have successfully converted leads in the past, focusing on your consultative selling style.

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What metrics do you consider most important in a sales role, and how have you met them?

Discuss how you gauge sales success using key performance indicators like conversion rates, revenue growth, and client retention. Share your strategies for consistently meeting or exceeding these metrics.

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How do you handle objections from potential clients?

Detail your tactics for addressing objections, emphasizing active listening to understand concerns, empathy to validate their feelings, and crafting relevant responses that demonstrate how OFX’s solutions can address their specific needs.

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Have you ever attended industry functions, and how do you leverage them for business development?

Share experiences where attending trade shows, conferences, or networking events led to successful client relationships or valuable insights. Highlight the importance of continuous learning and staying updated on industry trends.

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Can you provide an example where you exceeded your sales targets?

Illustrate a specific scenario where you worked hard to exceed your target, whether through innovative strategies, hard work, or exceptional client relations. Numbers matter, so try to include tangible results if possible.

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What role does teamwork play in your approach to business development?

Highlight how collaboration with your sales team and other departments strengthens your approach to capturing new business. Share examples of when teamwork has led to success in your past roles.

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What motivates you as a Business Development Manager?

Talk about your passion for building connections and helping clients succeed, the thrill of meeting goals, and how your personal values align with OFX’s mission of making a difference.

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Why do you want to work for OFX as a Business Development Manager?

Convey your enthusiasm for OFX’s mission and vision, expressing how the Company’s innovative approach to money management aligns with your career aspirations. Discuss your excitement about contributing to OFX’s growth in the fintech sector.

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Founded in 1998, OFX, part of the OzForex Group, provides online international monetary transfer services. They are headquartered in Sydney, Australia.

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Full-time, hybrid
DATE POSTED
January 14, 2025

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