Corporate Business Development Manager

Bahrain Financing Company (BFC)

Bahrain

Ref: KP644-09

Job description / Role

Employment: Full Time

The Business Development Manager (BDM) is responsible for developing the corporate foreign exchange business in Bahrain. The role will require to actively target and sign new accounts and manage ongoing relationships.

Job Responsibilities:

• Work closely with the General Manager and other group stakeholders to maximize development opportunities within Bahrain.
• Develop new business sales leads and maintain existing relationships with corporate customers.
• Achieve profitability objectives as per targets and financial budgets.
• Coordinate and contribute to the development of quarterly and annual strategic plans.
• Create and present sales and account activity reports as required.
• Develop and execute the new marketing strategies based on the corporate foreign exchange sales strategy.
• Provide accurate and timely competitive analysis of market activities to enable a more proactive and thus more competitive approach to business building and evolution.
• Ensure service level agreements are met and the highest standard of quality service is delivered.
• Build relationships with key stakeholders in the business and Infrastructure functions to enable effective delivery of the corporate strategy.

Requirements

Ideal candidate must have:

- University degree or equivalent
- Minimum 5 years experience in Foreign Exchange company in a Managerial / Supervisory role.
- Excellent written and verbal communication skills.
- Fluency in English is a must.
- Strong customer service, relationship management skills and influencing skills.

About the Company

BFC Group Holdings was set up in January 2009, when the Islamic Financial Services Group - Bank Alkhair B.S.C (c) (formerly known as Unicorn Investment Bank), successfully completed its acquisition of a significant stake in Bahrain Financing Company (BFC).

BFC is a leading money transfer and foreign exchange company based in the GCC. Established in 1917, it was the very first foreign exchange firm in Bahrain and has a long-established, well-trusted reputation for always moving money smartly, efficiently, dependably and at the best rates available. The acquisition also included Bahrain Exchange Company (BEC) in Kuwait, BFC Exchange Limited (formerly named EzRemit Limited) in the United Kingdom and BFC Forex & Financial Services PVT Ltd (BFC Forex) in India. Following this acquisition, BFC Group Holdings was established as the holding company for the four individual businesses.

BFC Group maintains a network of over 90 strategically located branches throughout Bahrain, Kuwait, the UK and India. In addition it is present in over 30 countries with more than 44,000 agent locations worldwide, through its own money transfer product ‘EzRemit’ and has an extensive global reach of over 200 countries through its partnership with MoneyGram, a leading international money transfer company.

BFC Group maintains its leadership by continually evolving to meet market demands and strives to gain recognition as a regional leader in the money transfer industry. BFC Group is a Shariah-compliant group of companies.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Senior Sales Executive salaries in UAE

Average monthly compensation
AED 7,000

Breakdown available for industries, cities and years of experience