Job description
NOTE: SINCE WELREX IS IN START-UP MODE, REMUNERATION FOR THIS ROLE WILL BE BASED
ON STRAIGHT PERCENTAGE AND KPI-LINKED EQUITY, WITH A HIGHER LEVEL
AVAILABLE FOR THE BEST CANDIDATE. Above market commission will be paid promptly for successfully closed deals.
WELREX is a London-based digital Wealth Management platform that takes the relationship of
Independent Relationship Managers (IRMs)* and their U/HNW clients to the next level. WELREX
provides a superior way to manage, preserve and grow wealth, saving time, money, and effort
for IRMs and their clients. We promote transparency and strengthen trust between IRMs and
their clients, transcending existing global Wealth Management standards.
We want to recruit a motivated and self-starting partner-level Commercial Director with
extensive commercial and business development experience, to identify and pursue new
business and investment opportunities, create new partnerships with other companies and
recruit high-quality Independent Relationship Managers to the WELREX platform.
We need an energised and committed person to take responsibility for generating prospective
WELREX IRMs, by sourcing candidates from the open market, leveraging direct and indirect
networks and groups, including recruiters, and screening/filtering candidates.
Remuneration for this role will be based on success fee and KPI-linked equity options initially
(first 6-12 months), with salary possible upon business reaching key milestones.
Primary responsibilities:
Developing and maintaining a database and pipeline of relevant candidates
Attracting additional funding from smart investors
Sourcing candidates via proactive prospecting/outbound activities – direct messaging,
networking, etc
Screening and filtering candidates against agreed criteria and proposing who should be
interviewed
Responding promptly to inbound inquiries arising from outbound activity
Attending
relevant networking events and conferences
Communicating regularly with WELREX management to ensure clear lines of sight and
transparency on progress
Liaising with WELREX executive team and other team members to develop the
business and client base in a compliant manner
At all times representing the WELREX brand professionally to external stakeholders
The role offers the opportunity to participate, as a partner and via KPI-linked equity options, in
a growing Wealth Tech start-up that already has clients, assets under management, and huge
potential to scale.
Candidate experience, attributes, and values:
Experience
Candidates must be able to work in the UK and not need visa application support
7+ years' experience in outbound Commercial/Business Development, Sales, or
Marketing roles in the Wealth Management industry
High level of knowledge of the Wealth and Asset Management sector as well as Wealth
Tech solutions
Highly skilled in building, developing, and activating a successful pipeline and delivering
outstanding results
Excellent grounding in developing and managing a pipeline of relevant
prospects/candidates and with all the required skills, disciplines, and processes to
deliver outstanding results
Attributes&Values
KPI/target-driven
Can-do attitude, naturally flexible approach, willing to consider less traditional
alternatives
Drive and ability to handle prospect business digitally as well as face-to-face
Masterful prospect/candidate relationship management skills and acumen
Self-discipline, independent decision making, and a constant and never-ending
improvement mentality
High integrity and values-driven mentality
Team spirit, as well as entrepreneurial self-sufficiency to deliver results
Good cultural fit with WELREX team
Sense of humour is non-negotiable
*WELREX defines Independent Relationship Managers (IRMs) as individuals who currently
handle a portfolio of U/HNW clients at private banks and other wealth management companies
such as multifamily offices or independent investment practices, and are ready to run their own
business on a suitable platform. We offer IRMs the security of legally owning their client book,
success-based and high commission remuneration, equity participation, and everything an
advisor needs to transition from a corporate environment to the rewarding, enjoyable, and
challenging world of entrepreneurship.
NOTE: SINCE WELREX IS IN START-UP MODE, REMUNERATION FOR THIS ROLE WILL BE BASED
ON STRAIGHT PERCENTAGE AND KPI-LINKED EQUITY, WITH A HIGHER LEVEL
AVAILABLE FOR THE BEST CANDIDATE. Above market commission will be paid promptly for successfully closed deals.
Job Types: Full-time, Part-time
Benefits:
* Additional leave
* Casual dress
* Company events
* Employee stock ownership plan
* Financial planning services
* Flexitime
* Referral programme
Application question(s):
* Willing to accept initial compensation (approximately 12 months) in company equity
* We must fill this position urgently. Can you start immediately?
* Have you recently held both SMF 16 and 17 FCA regulated roles?
Experience:
* UK FCA Compliance: 10 years (required)
Work authorisation:
* United Kingdom (required)
Work Location: Hybrid remote in London W1K 6WE