Business Development Executive at Remitly

London, England, United Kingdom

Apply Now

Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Risk Management, FinTechIndustries

Requirements

Strong track record in direct sales or business development, balancing target achievement with excellent customer experience
Curious and customer-first mindset, with the ability to quickly understand complex needs and solutions
Excellent organisational skills, with the ability to manage multiple priorities and sales cycles
Confident communicator and relationship builder, with experience in contract negotiation
Proficiency in CRM systems and sales reporting tools
Knowledge of business financials and market dynamics
Familiarity with partnership-driven sales models
Understanding of technical and non-technical product portfolios

Responsibilities

Drive direct sales to new and existing customers within assigned territory or accounts
Develop and implement plans to identify and qualify new business opportunities
Maintain direct contact with clients, negotiate terms, and ensure customer satisfaction
Stay informed on market trends, competitor activities, and customer needs
Use CRM tools to track opportunities, forecast accurately, and report progress
Work with internal teams to deliver solutions that meet client requirements

Skills

Key technologies and capabilities for this role

Business DevelopmentSales ExecutionNew Business AcquisitionAccount ManagementAnti-Money LaunderingFraud PreventionRisk MitigationCustomer Relationship ManagementProduct AdoptionStrategic Sales

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

The position is hybrid, requiring two days a week in the London office at Bishopsgate.

What salary or compensation is offered for this position?

This information is not specified in the job description.

What skills are required for the Business Development Executive role?

Candidates need a strong track record in direct sales or business development, a customer-first mindset, excellent organizational skills, and strong communication and relationship-building abilities including contract negotiation.

What is the team culture like at LexisNexis Risk Solutions?

The sales team is a high-performance organization dedicated to partnering with clients to solve complex risk problems, within a business enjoying significant growth as part of a Global FTSE 100 company.

What makes a strong candidate for this Business Development Executive position?

A strong candidate will have a proven track record in direct sales or business development with excellent customer experience, a curious customer-first mindset, organizational skills for managing priorities, and confident communication for building relationships and negotiating contracts.

Remitly

International money transfer for immigrants

About Remitly

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Seattle, WashingtonHeadquarters

2011Year Founded

$423.9MTotal Funding

IPOCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

Risks

Swift's integration into banks' channels poses a competitive threat to Remitly.

AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.

Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

Differentiation

Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.

The company leverages technology for a seamless user experience via its app and website.

Remitly engages with immigrant communities through content and educational initiatives.

Upsides

Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.

AI agents in operations could reduce costs and improve Remitly's efficiency.

Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

Land your dream remote job 3x faster with AI

Try Jobo Free