The role of Business Development Manager in the Data Services Unit plays a crucial role in driving growth, expanding market presence, and ensuring that data services remain competitive and innovative.
Key Responsibilities:
Sales and Revenue Growth:
- Develop and implement business development strategies, sales strategies and pricing strategies to achieve revenue targets.
- Identify and pursue new market and business opportunities within the market data sector.
Client Acquisition:
- Identify and target potential clients in the financial services industry.
- Build and maintain relationships with key decision-makers and stakeholders.
Partnership Development:
- Establish and manage strategic partnerships with other financial institutions, technology providers, and data vendors.
- Negotiate and finalize partnership agreements
Market Research:
- Conduct thorough market research to understand industry trends, competitor activities, and customer needs.
- Use insights to inform business development plans and product innovation.
Reporting and Forecasting:
- Prepare regular reports on business development activities, sales performance, and market trends.
- Analyze data to measure the effectiveness of business development strategies and make adjustments as needed.
Skills and Qualifications:
- Experience: Proven experience in business development, preferably in the financial services or market data industry.
- Networking: Strong networking and relationship-building skills.
- Negotiation: Strong negotiation and deal-closing abilities.
- Communication: Excellent verbal and written communication skills.
- Analytical Skills: Ability to analyze data and trends to inform strategic decisions.
