Business Development Manager (Forex)
CareerFinders Recruitment Services
Location
Nicosia
Hybrid
Type
full-time
Experience
Senior (5+ yrs)
Salary (Gross)
Salary upon interview
Apply within
31 days
Category
Sales Management & Leadership
About the Role
CareerFinders, on behalf of their client, a regulated Investment Firm with offices in Nicosia, is seeking to recruit a Business Development Manager to support the expansion of the business across European and Middle Eastern markets. This is a highly hands-on and commercially focused role, requiring a strong existing network and proven relationships across Europe and/or the Middle East, along with a solid understanding of the CFD/Forex industry and regional market dynamics. The position offers an attractive remuneration and benefits package, including a generous base salary, excellent bonus/commission scheme, private medical insurance, and a provident fund.
Responsibilities
- Identify, research, and proactively approach potential IBs, affiliates, introducing partners and strategic business partners across Europe and the Middle East.
- Leverage existing industry relationships and personal networks to generate new business opportunities and accelerate partner acquisition.
- Develop and execute business development strategies for targeted European and Middle Eastern markets.
- Build, develop and maintain strong long-term relationships with IBs, affiliates and other strategic partners.
- Assess prospective partners based on commercial potential, client quality, geographic reach, historical performance, reputation, and overall business suitability.
- Lead commercial discussions and negotiate partnership terms in line with company objectives and internal policies.
- Monitor partner performance, identify growth opportunities and develop strategies to increase FTDs, deposits, trading activity, and overall revenue contribution.
- Identify market trends, competitor activity, and new acquisition channels to support market expansion.
- Work closely with Operations, Compliance, Legal, Marketing, and other internal teams to ensure partners are properly supported and commercial activities are conducted in accordance with applicable regulatory requirements.
- Develop and maintain a strong commercial pipeline, including prospects, negotiations, onboarding status, expected business potential and performance.
Requirements
- Proven experience in Business Development, Sales, Partnerships or Affiliate Management within the CFD/Forex, online trading, brokerage, fintech, or broader financial services industry.
- Established relationships with IBs, affiliates, introducing brokers, financial marketers or other client acquisition partners in Europe and/or the Middle East.
- Demonstrable track record of acquiring and developing new partners and generating measurable business results.
- Strong understanding of the CFD/Forex industry, IB models, affiliate models, and performance-based commercial structures.
- Good understanding of European and/or Middle Eastern financial markets and the commercial dynamics of the region.
- Strong negotiation, communication, and relationship-management skills.
- Commercially minded, proactive, self-motivated, and target-oriented.
- Ability to identify opportunities independently and convert relationships into measurable business results.
- Strong analytical and commercial skills, with the ability to evaluate partner quality, business potential, and ROI.
- Arabic and/or other European languages would be a strong advantage.
Benefits
- ✓Competitive salary based on experience and existing network.
- ✓Performance-based commission/bonus structure.
- ✓Hybrid working model.
- ✓Group Medical Scheme.
- ✓Provident Plan Scheme.
- ✓Training and professional development opportunities.
- ✓Friendly and international working environment.
- ✓Birthday voucher.
- ✓Breakfast/lunch in the office.
- ✓Opportunities to attend major international industry events and build a global network.
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