At a Glance
- Tasks: Generate new business opportunities in Wholesale and Structured Asset Finance across the UK.
- Company: Join a leading UK provider of asset financing solutions with a strong growth trajectory.
- Benefits: Enjoy a competitive salary, bonus potential, and a comprehensive benefits package.
- Why this job: Be part of a dynamic team driving innovation in finance while making a real impact.
- Qualifications: Experience in private equity, debt finance, or asset finance is essential; strong documentation skills required.
- Other info: Ideal for proactive team players who thrive in a diverse environment.
The predicted salary is between 60000 - 84000 £ per year.
Nationwide to c. £100,000 per annum plus good bonus potential and benefits package.
Our client is a major UK provider of asset financing solutions. As it continues to grow, it is keen to expand its Wholesale and Structured Asset Finance team by recruiting an experienced middle ticket asset finance specialist to generate new business opportunities.
The role:
- Develop structured and middle ticket asset finance business opportunities across the UK in the Wholesale market, with an emphasis on the Wholesale Finance / Revolving Credit Finance (RCF) market place.
- Develop new business directly with customers and through introductory sources to build a portfolio of performing assets that grows substantially year on year and includes a customer retention strategy.
- Contribute to broader strategy in line with the business plan, including risk appetite and returns achievement, and achieve volume, margin and fee objectives as set by the Head of Wholesale.
- Identify product gaps and work with functional leaders to build and deliver business capabilities, drive product development and enter new and/or adjacent markets within Wholesale markets.
- Direct and indirect responsibility for delivering customer solutions aligned to the credit and product approvals, satisfactory customer documentation in conjunction with group legal.
- Manage your portfolio of originated transactions to perform in line with Wholesale Finance expectations in respect of arrears, delinquency and returns.
The ideal candidate:
- In-depth experience and a good track record within private equity, family office, debt finance or the UK asset finance market with exposure to all established financing structures and excellent documentation skills, particularly in the Wholesale and Structured asset finance market.
- Capable of working as a member of a geographically diverse team; an involved and involving team player who sees what needs to be done and gets on with it without seeking permission.
- Good sector knowledge with personal reputation within the sector for honesty, dependability, and professionalism.
- Good track record in target achievement.
- Capability to evaluate competitive products as well as price end user and/or supplier offerings.
- Excellent risk assessment skills and credit risk report writing.
- Good working knowledge of asset finance documentation, compliance requirements (KYC / DPA / CCA etc.) combined with good negotiating skills.
If you have the experience within wholesale finance, structured asset finance or a similar middle ticket asset finance sales background, Iām keen to hear from you.
Business Development - Wholesale / Structured Finance employer: CBC Resourcing Solutions
Contact Detail:
CBC Resourcing Solutions Recruiting Team
StudySmarter Expert Advice š¤«
We think this is how you could land Business Development - Wholesale / Structured Finance
āØTip Number 1
Network within the asset finance industry by attending relevant conferences and events. This will help you connect with potential clients and industry leaders, making it easier to generate new business opportunities.
āØTip Number 2
Stay updated on market trends and developments in wholesale finance and structured asset finance. This knowledge will enable you to identify product gaps and propose innovative solutions that align with the needs of your clients.
āØTip Number 3
Leverage social media platforms like LinkedIn to showcase your expertise and connect with professionals in the industry. Share insights and engage in discussions to build your personal brand and reputation.
āØTip Number 4
Prepare for interviews by practising your responses to common questions related to risk assessment and credit risk report writing. Demonstrating your skills in these areas will show your capability to manage a portfolio effectively.
We think you need these skills to ace Business Development - Wholesale / Structured Finance
Some tips for your application š«”
Tailor Your CV: Make sure your CV highlights your experience in wholesale finance and structured asset finance. Use specific examples of past achievements that demonstrate your ability to generate new business opportunities and manage a portfolio effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the job requirements, particularly your experience in private equity, debt finance, and asset financing solutions.
Showcase Your Skills: Emphasise your skills in risk assessment, credit risk report writing, and documentation. Provide examples of how you've successfully navigated compliance requirements and negotiated deals in previous roles.
Highlight Team Collaboration: Since the role requires working as part of a geographically diverse team, mention any relevant experiences where you collaborated with others to achieve common goals. This will show your ability to work well in a team environment.
How to prepare for a job interview at CBC Resourcing Solutions
āØKnow Your Numbers
Be prepared to discuss your previous achievements in terms of numbers. Whether it's the volume of deals closed or the percentage growth in your portfolio, quantifying your success will demonstrate your capability and impact in the business development space.
āØUnderstand the Market
Familiarise yourself with the current trends in the Wholesale Finance and Structured Asset Finance markets. Being able to discuss recent developments or challenges in the industry will show that you are proactive and knowledgeable, which is crucial for a role focused on generating new business opportunities.
āØShowcase Your Team Spirit
Since the role requires working as part of a geographically diverse team, be ready to share examples of how you've successfully collaborated with others in the past. Highlighting your ability to work well within a team will resonate well with interviewers looking for an involved and engaging team player.
āØPrepare for Risk Assessment Questions
Given the emphasis on risk assessment skills in the job description, prepare to discuss your approach to evaluating credit risks and writing reports. Providing specific examples of how you've managed risk in previous roles will demonstrate your expertise and suitability for the position.