Business Development Executive

Magna Financial is a specialist foreign exchange provider with a strong presence in the UAE, UK, and Spain providing global currency services to both Corporate and Private Clients globally. We believe service is of paramount importance, therefore we provide a premium service to all clients, combining a depth of specialist expertise and market insight.

As our company continues to expand, we are seeking talented, self-motivated professionals to join our team. This is a unique opportunity to be part of a fast growing business offering excellent prospects for career advancement and strong earning potential.

As a Business Development/Client Relations professional, you will play a key role in driving growth, building lasting client relationships, and contributing to the continued success of our business.

Key Responsibilities:

To deliver exceptional service to our clients and drive business opportunities globally.

New Business Relationships

• Conduct daily outreach to potential new affiliates, partners and clients (real estate brokers, mortgage lawyers, business setup companies, individual clients etc.) through introductory calls and meetings
• Identify client needs and provide tailored FX solutions
• Follow up on referrals and leads to offer a ‘best in class’ Global Currency service and develop future business relationships
• Present the advantages of partnering with Magna Financial to prospective clients
• Onboard new clients, ensuring compliance with regulatory requirements (KYC) and internal policies and processes

Existing Business Relationships

• Cultivate and manage strong, professional relationships with existing affiliates, partners and clients, increasing referrals and cross business opportunities wherever possible
• Proactively pitch FX products and services to existing and prospective clients
• Drive revenue growth by determining and executing sales strategies to expand the client base globally
• Provide knowledge and input for creation of Client Marketing materials via PowerPoint and Brochures etc

Market Monitoring

• Monitor FX market trends, Global Currency movements, and geopolitical developments
• Share Market updates and potential opportunities and risks to new and existing clients to allow them to consider optimising their FX strategies

Reporting & Analytics

• Work with Internal Relationship Managers to maintain accurate records of client interactions, transactions, sales activities, and performance metrics in CRM
• Work with the Sales Support and Finance team to track daily, weekly and monthly sales targets and revenues via internal KPI trackers
• Prepare and present Management Information reports on sales performance and business opportunities

Requirements

• Proven prior success within a Business Development/Client Relations, Sales or Customer Service role
• Experience in Currency Exchange/FX, Financial Services, 360 Recruitment, or Real Estate is highly desirable
• Strong ability to generate high-quality leads and cultivate long-term client relationships
• Highly goal-driven with the ability to thrive in a fast-paced environment
• Excellent Communication and Interpersonal Skills
• Confident presentation skills with the ability to influence and engage
• Advanced English (both written and spoken) is essential; additional languages such as Spanish, French or German are a strong advantage

What We Offer

• Uncapped Earning Potential: In our industry, the real wealth is generated on commissions, therefore, in addition to your base salary you will receive % commission on all new business that you bring to the company as well as on deals with existing clients
• Associate Program: On completion of 12 months service with us, you will become eligible for an additional % share of your revenue
• Professional Development: We are dedicated to supporting your personal and professional growth. You will benefit from ongoing professional sales training designed to sharpen your skills, enhance performance, and accelerate your success
• Private Medical Insurance: After completing two months of service, employees will be eligible for private medical insurance, including dental coverage (and emergency-only optical care)
• Flexibility to work remotely/from home

Relocation Package

Relocation & Sponsorship for Non-UAE Nationals, subject to eligibility:

• Employment visa sponsorship and Emirates ID provided, or assistance with applying for a Permanent Identity Card (PIC) for non-company-sponsored employees (e.g. Golden Visa holders or those sponsored by a relative)
• One-way relocation flight to Dubai
• Temporary accommodation for up to 30 days upon arrival to the UAE
• Shipping allowance to support the relocation of personal belongings to the UAE

If you thrive in a fast-paced environment, have a passion for business growth, and are eager to take your career to the next level, we’d love to hear from you.

Discover what others say about us: Read our reviews on Trustpilot