Business Development Manager

About the role

CloackX is looking for an experienced and results‑driven Business Development Manager to support the continued growth of our business across international markets, with a particular focus on the MENA region. This is a target‑driven role suited to an experienced Forex/CFD professional with strong industry knowledge, an established network and a proven ability to generate business.

Key responsibilities

• Identify, approach and onboard new Introducing Brokers (IBs), affiliates, partners and clients.
• Develop and expand CloackX's presence across assigned markets and territories.
• Prospect for new business opportunities through professional networks, referrals, social media, industry events and other channels.
• Build and maintain strong, long‑term relationships with existing and prospective partners.
• Manage and develop an assigned portfolio with a focus on increasing active clients, deposits, trading volumes and overall revenue.
• Negotiate commercial terms and partnership arrangements in line with company policies.
• Monitor partner and client performance and identify opportunities for further growth.
• Maintain an accurate and up‑to‑date sales pipeline through the company's CRM system.
• Monitor market trends, competitor activity and developments within the Forex/CFD industry.
• Represent CloackX professionally at meetings, networking opportunities and industry events when required.

Required profile

• Minimum 3 years of experience in Business Development or Sales within the Forex/CFD brokerage industry.
• Fluency in Arabic and English, both written and spoken.
• Strong understanding of the Forex/CFD industry, including IB and affiliate business models.
• Existing network of IBs, affiliates, traders or other industry partners within the MENA region (highly desirable).
• Proven track record of generating new business and achieving sales or revenue targets.
• Strong prospecting, negotiation and closing skills.
• Excellent relationship management and communication abilities.
• Experience using CRM systems and managing a structured sales pipeline.
• Commercially driven, proactive and comfortable working in a target‑oriented environment.
• Ability to work independently while collaborating effectively with an international team.
• Willingness to travel for client meetings, conferences and industry events when required.

Required skills

• CRM systems

What we offer

• Competitive salary scheme plus commission‑based incentives.
• Opportunity to develop your career in a high‑growth brokerage.
• Supportive, performance‑driven culture with strong growth potential.
• Collaborative and dynamic global sales team.