Overview
Title : Business Development Manager
Location : KSA
The Business Development (BD) Director will spearhead the search for new customers and partners across the KSA region. This role demands a results-oriented individual with a target-driven approach, a strong passion for achieving measurable outcomes, and a proven track record in the money-movement, money-transfer, or remittance services industry. The ideal candidate possesses a hunter mindset, excelling at driving new business opportunities while fostering and maintaining relations with existing clients. This individual will play a pivotal role in expanding TerraPay's footprint in the KSA region, contributing significantly to our global growth and market leadership.
How you will create impact :
- Expand TerraPay's Global Footprint
- Identify and launch new Send Partners and opportunities within TerraPay's network across the KSA region
- Foster strong relationships with strategic partners, including financial institutions, fintech platforms, and payment service providers
- Develop a pipeline of outbound opportunities in the KSA region to position it as a major Send Region
- Drive Product Excellence
- Collaborate with cross-functional teams to ensure TerraPay's offerings remain competitive in the KSA market
- Negotiate optimal terms with partners to maximize value in the region
- Continuously identify opportunities to enhance existing product offerings and introduce innovations tailored to KSA market needs
- Optimize FX Operations
- Understand foreign exchange dynamics specific to the KSA market
- Build a network for efficient FX sourcing and management
- Partner Management and Performance
- Hold Send partners accountable for achieving agreed-upon performance metrics
- Drive continuous improvement initiatives with partners
- Collaborate with Receive markets globally to deliver targeted volumes from the KSA
- Customer-Centric Approach
- Maintain a deep understanding of customer preferences and needs within the remittance and payments landscape
- Integrate customer feedback into product development and channel expansion strategies
Essential qualifications :
Experience :
15+ years in Payments, Fintech, or Financial Services, with hands-on experience in B2B salesExperience working with Money Remittance, PSPs, or financial services platforms is strongly preferredSkills and Attributes :
CRM Savvy : Proficiency in using CRM tools to manage pipelines and client interactionsTarget-Driven : A track record of exceeding sales and business development targetsAdaptability : A self-motivated individual who thrives in a fast-paced, dynamic environmentStrong Relationship Builder : Ability to cultivate and maintain effective relationships with clients, partners, and third partiesDetail-Oriented : Impeccable attention to detail in all aspects of workMarket Knowledge :
Deep understanding of the money-transfer and remittance markets, including regulatory frameworks such as AMLLanguage Skills :
Fluent in English, because communication is keyLocation :
The candidate should be based in KSA; experience in the Saudi market is mandatoryInterview rounds & assessments :
Table for Two : A brief chat with a Recruiter to assess foundational competencies and overview TerraPayBeyond the Bio : Discussion with SME / RM to evaluate role-specific knowledge and problem-solving abilitiesManager Meetup : Comprehensive discussion about the role, responsibilities, expectations, and career growthLet\'s Collab : Cross-functional round to explore alignment with other teams (only if recommended by Hiring Manager)Hot Seat : Cultural fit round with overview of company values and long-term plansWhy TerraPay :
TerraPay is a global money movement company on a mission to build a borderless financial world. We believe payments should be instant, reliable, transparent, seamless, and fully compliant. We are registered and regulated across 31 global markets and are a leading payments partner for banks, mobile wallets, money transfer operators, merchants, and financial institutions. We are proud to be a twice-certified Great Place to Work and were featured in the 2023 CB Insights Fintech 100 and the 2024 Financial Times 1000 lists.
Our culture & core values :
At TerraPay, we live by our values : Humility, ownership & responsibility, entrepreneurship, global citizenship, and trusting empowerment. If you\'re looking for a career with opportunities for innovation and a culture of excellence, TerraPay is the place to be.
With comprehensive healthcare benefits, cab facilities for our India-based employees, and a generous leave policy, we\'re supported by a global, diverse team across 10 offices and 40+ nationalities.
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