Senior Business Development Executive

3 months ago


Riyadh, Saudi Arabia Banfico Full time

**About us**:
Open Banking experts

Senior Business Development Executive - KSA

Relevant Experience: 5 - 10 years (B2B)

Type: Permanent

Work Mode: Hybrid (3 days in office per week)

**Salary**: Competitive Salary

Notice Period: Immediate Start

Location: The King Abdullah Financial District, Riyadh

Domain: Open Banking / Open Finance SaaS

About us

Open Banking or API Banking are revolutionising consumer banking experience and fostering fintech innovation in many countries. Banfico is an expert company in designing and launching innovative Open Banking solutions.

Following the Saudi Vision 2030 aiming at making the Kingdom of Saudi Arabia a regional and global fintech hub, Banfico is actively contributing to make that vision a reality. Banfico is bringing to KSA its niche open banking expertise and a proven open banking SaaS offering which is being successfully used across the world.

We are looking for a proactive & versatile professional, keen to build a career in the modern banking domain - API Banking or call lifestyle banking. Gaining experience in Open Banking / Open Finance will put you on a strong professional career path.

**Requirements**:
You will be responsible for growing the sales pipeline in Middle East by proactively developing outbound and inbound leads. You will be responsible for achieving results in line with KPIs and revenue targets, collaborating with marketing on demand generation strategies and tactics, tracking prospecting activities and sales results.

Banfico’s KPIs and targets are built on a pragmatic financial rewarding model where you are treated as a partner in growth and deliver us ROI resulting win-win situation.

Broader Product Suite

Our full suite of open banking products helps in upselling and cross-selling. Many products are regulatory in nature that financial institutions are mandated to procure or build.
- Open Banking Compliance (Regulatory)
- Open Banking Aggregation (Innovation)
- Open Banking Conformance (Regulatory - product in the making)
- Account Validation / IBAN Name Check (Fraud & Risk)

Essential skills and experience- At least 5 - 10 years of B2B business development experience
- Previous experience working within banking, finance or payments
- Engage in consultative selling
- Engage client interest and secure demo meetings
- Negotiate and close deals
- Produce mail shots, newsletters and current affairs material to reinforce key messages relating to Open Banking and our products

**Benefits**:

- Highly competitive salary and commission plan (10-15%)
- Opportunity to vastly overachieve OTE
- Opportunity to progress in the role as our organisation grows

**Job Information**:
Industry
- Technology

Work Experience
- 5+ years

Salary
- SAR

Currency
- SAR

City
- King Abdullah Financial District (KAFD)

Province
- Riyadh

Country
- Saudi Arabia

Postal Code
- 13519



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