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Director of Business Development - Banking Sector

Version 1London
On-site Full-time

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Experience Level

Senior Level Manager

Qualifications

A strong track record in Enterprise Sales, Business Development, or Account Leadership within Banking and Financial Services. Proven success in selling Technology Services, Consulting, or Managed Services to UK banks. Consistent history of meeting or surpassing sales quotas in a quota-carrying role. Experience in closing multi-million-pound, multi-year enterprise contracts. Collaborative experience with Fintech partners, hyperscalers, and SaaS platform vendors. Excellent consultative selling abilities, strong communication, negotiation skills, and strategic thinking complemented by hands-on execution experience. Preferred QualificationsBachelor’s or Master’s degree in Business, Finance, or Technology.

About the job

Join Version 1 as a dynamic and growth-oriented Business Development Director specializing in the banking sector. This role is pivotal in generating new revenue streams and driving strategic growth initiatives within Tier 1 and Tier 2 banking institutions. As a quota-carrying leader, you will spearhead enterprise sales efforts, focusing on pipeline development, fostering relationships with senior banking executives, crafting go-to-market strategies, and securing significant multi-year contracts valued at a minimum of £5 million.

In this senior client-facing position, a profound understanding of UK banking operations, regulatory landscapes, and the latest trends in digital, data, and AI-driven transformations is essential. Your extensive stakeholder network and proven success in delivering technology, consulting, or managed services solutions will be crucial.

Key Responsibilities

1. Strategic Account & Pipeline Development

  • Identify and engage with banking institutions in Retail, Commercial, and Corporate Banking sectors.
  • Develop and implement business outcome-driven offerings aligned with Digital Banking modernization initiatives in application, infrastructure, Data & AI, and Cloud transformations.
  • Lead the origination and progression of large-scale transformation and managed services opportunities with Tier 1 and Tier 2 UK banks.

2. GTM Execution & Solution Positioning

  • Collaborate with solution architects and banking subject matter experts to create tailored value propositions.
  • Facilitate workshops, respond to RFPs, and deliver compelling client presentations focused on cloud migrations, platform modernization, and transformational initiatives in Digital and Data & AI.
  • Position unique industry-led solutions in areas such as Payments, Lending, Risk & Regulatory, and Core Banking.

3. Executive Engagement & Relationship Management

  • Establish and maintain trusted relationships with key decision-makers including CIOs, CTOs, Heads of Digital, and CROs.
  • Act as Version 1's representative at significant UK banking events, panels, and roundtables.

4. Market & Competitive Intelligence

  • Monitor and analyze developments in the UK banking sector.
  • Spot whitespace opportunities stemming from fintech innovations, vendor consolidations, and platform modernization trends.

5. Internal Collaboration & Sales Enablement

  • Engage cross-functionally with data, cloud, AI, and enterprise application teams to enhance integrated go-to-market campaigns.
  • Support the development of UK-specific industry collateral and vertical sales capabilities.
  • Ensure compliance with internal governance, pricing, legal, and risk approval processes.

About Version 1

Version 1 boasts over 29 years of excellence in Technology Services, consistently trusted by global brands to deliver solutions that elevate customer success. Our expertise enables clients to navigate the fast-evolving Digital-First landscape. We cultivate strong relationships with leading technology giants such as Microsoft, AWS, Oracle, Red Hat, and Snowflake, ensuring our clients receive top-notch solutions and services. We are proud to be an award-winning employer, recognizing our employees as the backbone of Version 1:Premier AWS, Microsoft, and Oracle partner in the UK and IrelandA robust workforce of over 3,300 and a revenue of €350/£300 millionA decade-long recognition as a Great Place to Work in Ireland and the UKBest Workplace for Women in the UK & Ireland according to GPTWRecognized as the Best Workplace for Wellbeing in the UK by GPTWDriven by core values, we seek individuals who share our vision and are eager to contribute to our mission.

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