CloackX is looking for an experienced and results-driven Business Development Manager to support the continued growth of our business across international markets, with a particular focus on the MENA region.
This is a target-driven role suited to an experienced Forex/CFD professional with strong industry knowledge, an established network and a proven ability to generate business.
Role Description
The successful candidate will be responsible for identifying and developing new business opportunities, acquiring and managing Introducing Brokers (IBs), affiliates, partners and clients, and growing their
portfolio through long-term relationships.
Responsibilities
- Identify, approach and onboard new Introducing Brokers (IBs), affiliates, partners and clients
- Develop and expand CloackX's presence across assigned markets and territories
- Actively prospect for new business opportunities through professional networks, referrals, social media, industry events and other channels
- Build and maintain strong, long-term relationships with existing and prospective partners
- Manage and develop an assigned portfolio with a focus on increasing active clients, deposits, trading volumes and overall revenue
- Negotiate commercial terms and partnership arrangements in line with company policies
- Monitor partner and client performance and identify opportunities for further growth
- Maintain an accurate and up-to-date sales pipeline through the company's CRM system
- Monitor market trends, competitor activity and developments within the Forex/CFD industry
- Provide regular updates on pipeline activity, partner performance and business development results
- Represent CloackX professionally at meetings, networking opportunities and industry events when required
Requirements
- Minimum 3 years of experience in Business Development or Sales within the Forex/CFD brokerage industry
- Fluency in Arabic and English, both written and spoken
- Strong understanding of the Forex/CFD industry, including IB and affiliate business models
- Existing network of IBs, affiliates, traders or other industry partners within the MENA region is highly desirable
- Proven track record of generating new business and achieving sales or revenue targets
- Strong prospecting, negotiation and closing skills
- Excellent relationship management and communication skills
- Experience using CRM systems and managing a structured sales pipeline
- Commercially driven, proactive and comfortable working in a target-oriented environment
- Ability to work independently while collaborating effectively with an international team
- Willingness to travel for client meetings, conferences and industry events when required
What We Offer
Competitive salary scheme + commission-based incentives
Opportunity to develop your career in a high-growth brokerage
Supportive, performance-driven culture with strong growth potential
Collaborative and dynamic global sales team
Apply now by sending you CV to hr@cloackx.com
