Job Title Director of Business Development
Description
Overview
The individual in this role is responsible for developing business at StoneX Retail, tasked with growing trading volumes, customer assets and overall profitability of their originated partners. This candidate will be specifically focused on the ME region. Success for this person will be determined by achieving baseline and incremental net revenue and operating profit margin targets, in addition to the effective management of business risks related to each client.
Responsibilities
Originate high quality clients for the StoneX Retail business in ME, which aligns with both the overall strategy for retail business and our direct sales and marketing efforts via the FOREX.com brand
Drive business growth in ME by actively developing new business from leads that are primarily self-generated
Collaborate with the regional team, operations teams and legal and compliance teams to onboard and manage the clients
Liaise with leaders in other parts of StoneX business operational or doing business in the ME to ensure effective cooperation between the respective business development
Liaise with relationship management teams to maximize commercial opportunities for StoneX Retail
Communicate pipeline activities to regional head
Communicate feedback from prospects, current partners and general market feedback on StoneX Retail and competitor's partnership solutions to regional team, product team and commercial leadership.
Qualifications
Knowledge and Experience
Previous experience in strategic sales or business development with a focus on financial derivatives (previous experience for Senior Business Development Manager), with specific experience ME markets
Strong understanding of trading solutions
Direct experience and excellent knowledge of leveraged financial products
Proven ability to originate new retail business that led to increase revenue while achieving target operating profit margins
Qualification and Skills
Proven ability to negotiate and build relationships with senior executives
Excellent communicator with strong presentation and interpersonal skills
Good time management skills, ability to prioritize work and judgment of how to use time / meetings effectively
Professional English required; Professional Arabic desired
This position will be based in Dubai
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