Head of Business Development

  • CMTrading
  • Limassol, Cyprus
  • 25/05/2023
Full time Fintech Forex Sales

Job Description

CMTrading, an award-winning, FSCA regulated, and one of the oldest brokerages, is looking to hire a talented HEAD OF IB’S (Introducing Brokers) to join its growing team in Limassol.


Senior Management position responsible for overseeing the Company's Introducing Broker Relationships and developing new business opportunities with IBs. Must have strong leadership skills, excellent communication skills, and a deep understanding of the Forex Market and IB Business. Candidate should also have a proven track record of developing successful IB relationships and achieving business targets. A degree in business, finance, or a related field is preferred, along with several years of experience in the Forex industry.

1.       Develop and implement the company's IB strategy to increase revenue and market share.

2.       Develop and maintain relationships with existing IBs and recruit new IBs to expand the company's network.

3.       Monitor and analyze IB performance to ensure that they meet or exceed their targets and provide feedback to improve their performance.

4.       Develop/implement marketing campaigns to promote the company's products/services to IBs and their clients.

5.       Manage the IB team and provide leadership, guidance, and support to ensure that they meet their objectives.

6.       Work closely with other departments such as sales, marketing, compliance, and operations to ensure that IBs are fully supported.

7.       Develop and maintain knowledge of the Forex market and competitors to identify new business opportunities.

8.       Negotiate and manage contracts and agreements with IBs.

9.       Ensure that IBs comply with regulatory requirements and company policies.

10.  Provide regular reports to senior management on IB performance and business development activities.


·         Business Development experience in the Forex Industry

·         Leadership and Managerial Skills (Team Guidance and \\Support)

·         Communication and Interpersonal Skills

·         Sales and Marketing Expertise

·         Analytical and problem-solving skills

·         Financial acumen

·         Compliance and Risk Management

·         Regulatory knowledge

·         Relevant educational background

·         Development and marketing/campaign implementation

·         Management Development and ability to monitor and analyze IBs performance.


·            We offer an attractive remuneration package based on qualifications and experience.

·            Professional Growth Opportunities.

·            Cross-functional Collaboration.

·            Access to Cutting-Edge Technology.

·            Mentoring and open forum for career enhancement

·            Activities and social events

·            Dynamic, Multinational and Multicultural Environment

·            Provident Fund after 1 year.

·            Medical Coverage after 1 year.

·            Daily Lunch Allowance.

·            Snacks, Fresh Fruit, and Beverages.

·            Work-Life Balance.