Position Title : Business Development Manager - South Eastern & Francophone Africa
Location with Regional Travel : South Eastern & Francophone Africa with Regional Travel
Department : Payout Strategy & Partnerships (Relationship & Development)
Reports To : Executive Head – Business
Role Summary
The Business Development Manager (BDM) will be responsible for driving ACE Money Transfer’s remittance growth strategy. The role requires a strong background in remittance / payments, with proven experience in partner onboarding, product optimization, compliance coordination, and market expansion. The BDM will be accountable for maintaining competitive pricing, establishing strong payout partnerships, engaging regulators, and ensuring seamless payout operations in the assigned corridors.
Key Responsibilities
- Conduct detailed market research and analysis to identify gaps and opportunities
- Onboard and integrate new payout partners to strengthen ACE’s product offering
- Drive new remittance model initiatives tailored to local customer needs
- Ensure all contractual, KYB, compliance, and API integrations are completed within agreed timelines
Product Optimization & Partner Onboarding
Monitor daily exchange rates and ensure ACE consistently maintains a leading position in the marketCollaborate with the rates team for real-time updates and adjustmentsRate Competitiveness
Plan and execute diaspora-focused marketing campaigns in sending jurisdictionsPartner with at least one diaspora association / event per quarter to increase visibility and customer engagementCoordinate with internal marketing for digital and offline campaigns targeting key corridorsMarketing & Community Engagement
Establish and maintain strong working relationships with Central Banks and regulatory bodies in Southern Africa : South Africa, Botswana, Namibia, Eswatini (Swaziland), Lesotho, Zimbabwe, Zambia, Malawi, Mozambique, Angola. Eastern Africa : Kenya, Tanzania, Uganda, Rwanda, Burundi, Ethiopia, South Sudan, Somalia, Djibouti, Eritrea.Regulatory Engagement
Negotiate commercial terms with payout partners, ensuring cost optimization and maximum value creationManage both new and existing partner relationships, with a minimum of two deals per quarterDeal Negotiation & Networking
Ensure weekly coordination with Customer Experience, Compliance, and Rates teams to proactively resolve payout issuesMaintain resolution logs and implement feedback loops for continuous improvementWeekly Partner & Product Health Check
Partner Onboarding & Product Innovation : 100% completion of partner / product integration targets (quarterly)Rate Competitiveness : Maintain a top market position dailyMarketing : Minimum 1 diaspora campaign per quarterRegulatory Engagement : Minimum 1 regulator touchpoint per quarterDeal Negotiation : At least 2 partner negotiations per quarterOperational Health Check : Weekly reporting and issue resolutionKPIs & Performance Metrics
Bachelor’s degree in Business, Finance, Economics, or related field5+ years of relevant experience in remittances / paymentsStrong knowledge of African remittance market dynamics, payout products (cash, wallet, bank deposit, card), and regulatory environmentProven track record in partner negotiations, contract management, and commercial deal closureExcellent stakeholder management and networking skillsStrong analytical and problem-solving abilitiesAbility to travel frequently within South Eastern & Francophone AfricaRequirements
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