Key Responsibilities:

  • Leadership & Strategy: Lead the Business Development Department, shaping its vision and strategic goals. Ensure the alignment of the department’s activities with the overall business objectives of the bank.
  • Client & Stakeholder Management: Act as the primary liaison between internal clients and the IT development team, translating business needs into technical requirements and ensuring successful delivery.
  • Market & Product Development: Identify new business opportunities and innovative payment solutions for our Fintech and e-commerce clients. Develop and implement strategies to expand our service offerings and improve client satisfaction.
  • Relationship Building: We cultivate strong relationships with key partners, including Visa, Mastercard, and other strategic alliances, to enhance our service capabilities and market presence.
  • Proactive Innovation: Stay ahead of industry trends and proactively propose new ideas and solutions that meet the evolving needs of our clients and the financial technology sector.
  • Team Development: Mentor and develop a high-performing team of business development professionals. Foster a collaborative and results-driven culture within the department.

Requirements:

  • Experience: Minimum of 3 years in business development, preferably within the Fintech or financial services sector. Previous experience in a leadership role is highly desirable.
  • Industry Knowledge: Deep understanding of e-commerce, Fintech, and payment solutions, including direct acquiring and payment processing. Experience with VISA and Mastercard partnerships is a plus.
  • Skills: Strong strategic thinking, negotiation, and stakeholder management skills. Ability to translate complex technical requirements into actionable business strategies.
  • Leadership: Proven track record of leading and inspiring teams, able to drive innovation and continuous improvement.
  • Communication: Excellent verbal and written communication skills, with the ability to engage and influence stakeholders at all levels.
  • Education: Bachelor’s degree in Business, Finance, or a related field. An MBA or other relevant postgraduate qualification is a plus.

What do our employees say about us?

87%
Our bank employees feel that their work is appreciated
93%
Our bank employees would recommend Magnetiq Bank as an excellent place to work
92%
Our bank employees feel like part of a unified team

Get
in touch

We will be happy to receive your CV and cover letter. Please use the online application form or send your application to the following email:

or by mail, indicating the recipient’s address as:

Brīvības Street 54, Riga, LV-1011, Personnel Management Department

Send us your CV, and we will add it to our database so we can reach out as soon as a relevant position becomes available.

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