Business Development Manager, GCC, Dubai
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About the Role
EFICYENT is a regulated global fintech platform designed to streamline cross-border payments. We empower financial institutions, money transfer operators, payment aggregators, and businesses by providing payout solutions in over 100 countries and local currencies.
Key Skills for This Role
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Overview
About the Company
EFICYENT is a regulated global fintech platform designed to streamline cross-border payments.
We empower financial institutions, money transfer operators, payment aggregators, and businesses by providing payout solutions in over 100 countries and local currencies.
Through a single API, EFICYENT offers rapid cross border payments, compliance-ready infrastructure, and scalable white-label options.
About The Role
Eficyent is seeking a motivated and commercially driven GCC Financial Institutions Business Development Manager to accelerate the growth of our global payments platform across the Gulf Cooperation Council (GCC) region.
The successful candidate will be responsible for identifying, pitching, engaging, negotiating, and onboarding regulated financial institutions, money transfer operators (MTOs), money services businesses (MSBs), exchange houses, fintechs, payment institutions, and banks onto Eficyent's global cross-border payments ecosystem.
This is a role requiring strong industry relationships, deep knowledge of the regional payments landscape, and the ability to navigate sales cycles with regulated financial institutions.
The role will be based in Dubai and will cover the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain, and Oman.
*Business Development & Sales*
- Support & Execute Eficyent’s GCC market expansion strategy
- Identify and engage prospective: Money Transfer Operators (MTOs), Money Services Businesses (MSBs), Exchange Houses, Banks, Fintech companies, Payment Service Providers (PSPs), Electronic Money Institutions (EMIs), Corporate payment providers
- Generate and maintain a robust sales pipeline through industry relationships, networking, referrals, conferences, and direct outreach.
- Lead end-to-end sales cycles from prospecting, through contract execution and go-live.
- Negotiate commercial agreements, pricing structures, and partnership arrangements.
- Achieve and exceed new client acquisition and revenue targets.
- Support ongoing relationship management and expansion opportunities for existing clients.
Strategic Partnerships
- Identify opportunities to expand the payment corridors and increase transaction volumes across Eficyent's global network.
- Develop partnerships that support inbound and outbound remittance, FX, and B2B payment flows.
- Develop sales materials, presentations, proposals, and business cases.
Market Insights
- Monitor developments within the GCC payments, remittance, and fintech sectors.
- Provide market insights and recommendations regarding product enhancements and growth opportunities.
- Identify emerging corridors and underserved market segments.
Internal Collaboration
- Work closely with Compliance, Operations, Product, Treasury, and Implementation teams to support client onboarding, activation and risk management.
- Ensure seamless transition from sales to implementation.
What You’ll Need
- 8 - 12 years of experience in business development, sales or partnership management within: Cross-border payments / Remittances / Foreign exchange
- Demonstrated experience selling to regulated financial institutions.
- Proven track record of acquiring and managing MTO, MSB, exchange house, banking, or fintech relationships.
- Established network within the GCC payments and remittance industry.
- Strong understanding of Cross-border payment ecosystems, Correspondent banking, Remittance and FX markets, Payment rails and settlement models, AML/CFT and sanctions compliance considerations
- Understanding of the Regulatory landscape across the GCC region
Skills
- Strong relationship-building and networking capabilities.
- Ability to engage effectively with C-suite executives and senior stakeholders.
- Excellent presentation and communication skills.
- Self-starter with the ability to work independently and manage regionally from Dubai
- Nice to Have
- Bachelor's degree in Business, Finance, Economics, Banking, or a related field.
- Professional qualifications in payments, banking, or financial services are advantageous.
- ***Important Notice for Candidates***
- *Job scams are on the rise.
- Please keep these guidelines in mind when applying:*
- *All official communication will come only from verified company email addresses.
- Please ensure that you carefully verify any communication before responding.*
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