Business Development & Forex IB Manager

Job Description Roles & Responsibilities Develop and execute strategic growth plans to expand market share and revenue within the Forex IB sector. Identify, onboard, and nurture relationships with Introducing Brokers (IBs), providing them with comprehensive support and resources. Analyze market trends, competitor activities, and client feedback to identify new business opportunities and refine strategies. Design and implement performance-driven incentive programs and commission structures to motivate IBs. Oversee the entire client lifecycle for IB accounts, ensuring seamless onboarding, ongoing engagement, and issue resolution. Collaborate with marketing and sales teams to create compelling collateral and campaigns tailored for IB acquisition and retention. Manage and forecast the IB channel budget, ensuring efficient allocation of resources and maximizing ROI. Ensure compliance with all relevant financial regulations and internal policies for IB operations. Conduct regular performance reviews and provide actionable insights to IBs to help them optimize their business. Lead and mentor a team of business development professionals focused on the IB channel, fostering a high-performance culture. Compensation & Payout Structure (Pure Commission) Base Salary: This is a 100% performance-based, commission-only contract. There is no fixed monthly base salary. Commission Share: The Contractor will receive 70% (Seventy Percent) of the total net commissions/rebates generated by their referred network and paid directly to the Company by the Main Broker. Payout Terms: Commissions will be calculated and transferred to the Contractor on a monthly basis, within [e.g., 5 business days] after the Company receives the official payout clearance from the Main Broker. [1] Desired Candidate Profile Bachelor's degree in Finance, Business Administration, Marketing, or a related field. Minimum of 5 years of proven experience in business development or partnership management within the Forex or financial services industry. Demonstrated success in recruiting, managing, and growing a network of Introducing Brokers. Strong understanding of Forex markets, trading instruments, and regulatory frameworks. Excellent negotiation, communication, and interpersonal skills, with the ability to build rapport with diverse stakeholders. Proficiency in CRM software and data analysis tools for tracking performance and identifying trends. Ability to develop and execute strategic plans with a results-oriented mindset. Fluency in English; proficiency in additional languages relevant to key markets is a significant advantage. Professional certifications such as CF30, Series 3, or similar are highly desirable. A proactive and entrepreneurial spirit, coupled with strong problem-solving capabilities. Compensation & Payout Structure (Pure Commission) Base Salary: This is a 100% performance-based, commission-only contract. There is no fixed monthly base salary. Commission Share: The Contractor will receive 70% (Seventy Percent) of the total net commissions/rebates generated by their referred network and paid directly to the Company by the Main Broker. Payout Terms: Commissions will be calculated and transferred to the Contractor on a monthly basis, within [e.g., 5 business days] after the Company receives the official payout clearance from the Main Broker. [1] Employment Type Full Time Company Industry BankingFinancial ServicesBroking Department / Functional Area SalesBusiness Development Keywords Forex IB ManagementAffiliate & IB ManagerGlobal IB Development LeadForex Growth ManagerIB Channel Manager Get real-time job updates only on our App