Senior Sales Manager

About IFX Payments

We're an award-winning global provider of foreign exchange and payment solutions. At IFX, our mission is to become the number one service-led alternative banking partner in EMEA for corporates and Financial Institutions that add value beyond the transaction. We have one guiding principle: to Win. Properly.

What we offer

Everyone at IFX Payments has a meaningful and impactful role to play in helping us achieve that goal. We take pride in the quality of our work but balance that with the speed, intent, tenacity, and focus needed to win. We're a high-performance team who can trust each other as individuals to get the job done so we can be successful together.

Being part of IFX Payments, you'll receive every opportunity to thrive in your role to contribute to that success. We'll invest in you along the way to genuinely help you grow and take your career to new and exciting places. You'll work alongside experienced industry leaders, receive guidance from pioneering performance coaches and have the option to gain qualifications in your field that help you realise your ambitions. In exchange, we don't expect anything extra from you during your time here. We only ask you to do one thing: Make it count.

Benefits

• 25 days of annual leave + bank holidays and your birthday off.
• Pension auto-enrolment with salary sacrifice contributions.
• Healthcare cash plan including support for dental, physio and therapies.
• Discounts on fitness, cinema discounts, shopping, travel, entertainment and more!
• Life Insurance.
• Cycle to work.
• Nursery fees salary exchange.
• Employee Assistant Programme
• Career progression with excellent training and development.
• Company events - Pub nights, sporting events, seasonal parties, socials

What's the role?

Job Title: Senior Sales Manager

Team: Orientation

Location: London

Overview of the role

We are seeking a dynamic and results-driven Sales Manager to lead and manage a team of Sales Executives focused on selling foreign exchange (FX) services to corporates and financial institutions across the UK and Canada. The ideal candidate will have a proven track record in sales management, a deep understanding of the FX and payments market, and the ability to drive team performance to achieve ambitious sales objectives.

Responsibilities

Management

• Set the context for your team members to perform by setting targets and KPIs that are effectively measurable and ensure the necessary support framework to perform is in place (tools, training, process documentation, structure etc).
• Create clarity by regularly feeding forward the expectations to your team members (responsibilities, KPIs, priorities etc) and feeding back on their performance through regular conversations (1:1, monthly reviews, etc).
• Drive results by distributing workload, hiring team members, resolving/escalating issues.
• Generate energy and engagement, reward high performance and promote a safe work environment for people to thrive.
• Actively support and encourage your team members personal development and career growth to make it count.

Sales Strategy and Planning

• Strategy Development: Develop and implement sales strategies tailored to the SME market, considering the unique needs of these businesses in the UK.
• Market Analysis: Conduct regular analysis of market trends, competitor activities, and customer needs to adjust strategies accordingly.
• Sales Forecasting: Accurately forecast sales revenue and manage the sales pipeline to ensure consistent achievement of targets.

Customer Relationship Management / Sales Execution

• Client Acquisition: Oversee efforts to acquire new SME clients by identifying opportunities and developing tailored propositions.
• Solution Selling: Guide the team in adopting a consultative sales approach, helping SMEs understand the benefits of the FX and payments solutions offered.

Sales Operations

• CRM Management: Ensure that the team effectively uses CRM systems to manage leads, opportunities, and client interactions.
• Reporting: Regularly report sales performance to senior management, providing insights and recommendations for continuous improvement.

Collaboration and Communication

• Cross-functional Collaboration: Work closely with other departments, such as marketing, product development, and customer support, to align sales efforts with overall company objectives.
• Communication: Keep the team informed of company updates, product developments, and market changes that could impact sales activities.

Compliance and Risk Management

• Regulatory Compliance: Ensure that all sales activities comply with relevant regulations and company policies, particularly in the financial services sector.

Product Knowledge

• Expertise: Maintain a deep understanding of the FX and payments products offered, including features, benefits, and differentiators.
• Training: Ensure the sales team is well-versed in the products and services they are selling, able to address customer inquiries effectively.

Business Development

• Partnerships: Help team identify and pursue strategic partnerships that could expand the company's reach within the SME sector.
• New Markets: Assist team explore opportunities for market expansion within the UK, leveraging the company's FX and payment solutions to tap into new customer segments.

Budget Management

• Sales Budgeting: Manage the sales budget effectively, allocating resources to the most promising opportunities and ensuring a good return on investment.
• Cost Control: Monitor and control sales-related expenses to maintain profitability while achieving growth targets.

Innovation and Continuous Improvement

• Feedback Loop: Gather feedback from the sales team and clients to identify areas for improvement in products, services, and sales processes.
• Innovation: Encourage the team to propose and implement innovative approaches to selling, keeping the company competitive in a rapidly changing market.

Requirements

• Experience in leading and developing high performance teams with the ability to inspire, motivate, and energise teams to achieve high performance within the foreign exchange (FX) or financial services industry.
• Ability to create context and clarity for team members and handle difficult conversations.
• Ability to create a results-orientated environment where success is celebrated and rewarded appropriately.
• Strong understanding of the FX market, including products, services, and regulatory environment in the UK and Canada.
• Excellent communication, negotiation, and interpersonal skills.
• Strong analytical skills with the ability to interpret sales data and market trends.
• A true team player with a winning mentality and strong work ethic committed to continuous improvement and high performance.
• Adaptable, tenacious and flexible who is able to perform under pressure.
• Proficient in CRM systems and other sales management tools.
• Bachelor's degree in Business, Finance, or a related field; a relevant postgraduate qualification is a plus.

Diversity & Inclusion

We believe that diversity and inclusion are essential to our success. We are committed to fostering a culture where everyone feels valued and respected, regardless of their background, identity or experiences. By embracing diverse perspectives and promoting equity, we aim to create an environment where all employees can perform and reach their full potential.

Additional Information

- We work on a hybrid basis from our office in central London.

- You must be eligible to work in the UK to be considered for this position.

- Full background check will be carried out.