At a Glance
- Tasks: Lead business development for asset management partnerships with Wealth Managers and Financial Advisers.
- Company: SEI is a global leader in financial technology and asset management services.
- Benefits: Enjoy flexible working, competitive pay, and comprehensive health benefits.
- Why this job: Join a dynamic team and make a real impact in the financial services industry.
- Qualifications: Passion for business development and experience in solution selling required.
- Other info: Work in a creative office environment that promotes innovation and collaboration.
The predicted salary is between 43200 - 72000 £ per year.
Business Development Director- UK Wealth & IFA, Asset Management Distribution
Join to apply for the Business Development Director- UK Wealth & IFA, Asset Management Distribution role at SEI
Business Development Director- UK Wealth & IFA, Asset Management Distribution
4 days ago Be among the first 25 applicants
Join to apply for the Business Development Director- UK Wealth & IFA, Asset Management Distribution role at SEI
Join our growing team at SEI and take the next step in your career. We\’re seeking a business development director to initiate asset management partnerships with Wealth Managers and Financial Advisers in the North of UK. This role offers the opportunity to further your own growth whilst contributing to the success of our clients and SEI.
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that’s money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of March 31, 2025, SEI manages, advises, or administers approximately $1.6 trillion in assets. For more information, visit seic.com.
You will receive:
- An opportunity to advance your career with a leading Global investment manager.
- An opening to promote innovative solutions proven to meet the needs of our target audience and drive further adoption of SEI’s asset management services.
- A defined territory with a substantial panel of prospective wealth and advisory firms.
- Dedicated marketing support to drive pipeline growth.
- Flexibility to design, build and manage custom asset management programmes to meet specific needs of target market.
- A competitive compensation package, comprehensive benefits and flexible working arrangements.
What you will do:
- You will develop your existing relationships and initiate new ones, with business and investment leaders within Wealth Managers and Advisory Firms across the north of the UK.
- Lead prospective clients through the buying journey to engage SEI as their strategic asset management partner.
- Systematically qualify and nurture your panel to build and develop a strong pipeline of new business opportunities.
- Working in collaboration with other business areas (investment management unit, marketing, solutions, compliance, strategic accounts) you then will co-manufacture investment management business propositions with your new strategic partner.
Responsibilities:
- Develop and maintain a strong prospect list for new business
- Achieve net new asset targets through the conversion of identified prospects into client
- Deliver high levels of in the field activity to achieve new asset goals
- Clearly and effectively present SEI investment and business proposition
- Evaluate and recommend improvements to support the growth of the business line
- Maintain working knowledge of asset management solutions and broader SEI capabilities
- Create, manage and execute a sales plan
- Identify opportunities to introduce and cross sell other SEI services, including technology and operations capabilities
- Effectively work with asset management Solutions and Marketing teams
- Keep current – (market conditions, regulation, SEI products and services, etc) and maintain ongoing and effective communication of these with clients where appropriate
- Adhere to all relevant FCA requirements and compliance, completing all necessary training within the required timeframe
- Familiarise yourself with Financial Promotions regulations and ensure that all financial promotions materials used have gone through the appropriate compliance approval processes (as a second line of defence with the individual representing the first line through close knowledge of the financial promotions requirements)
- Any other ad-hoc projects as required
What we need from you:
- You will have an appetite and passion for new business development
- A strong experience of a ‘solution sell’
- Understanding of asset management products and solutions and, the wealth management and financial advice industry
- Superior presentation and communications skills are pre-requisite (both written and verbal) as are outstanding time management and organisational skills along with the ability to work independently as well as within a team\\
Regulatory Categories
SMCR – Certified
- This role is identified as a certified role and is therefore subject to the relevant Senior Manager and Certification Regime Rules set by the FCA. This role will perform the following certified functions:
- Certification – Client Dealing – CD0 Meeting with Clients
MiFID II – Staff giving information about investment products, investment services or ancillary services
- It is essential that you hold or are working towards one of the following list of qualifications (or equivalent). If not, it is essential that you are willing to undertake and complete qualifications.
- IMC
- Relevant Bachelor’s Degree (Economics, Business, Maths, Accounting, Finance) or Relevant Masters/MBA
- CFA, ACA, ACCA, IAQ
- FIA (Fellow of the Faculty & Institute of Actuaries)
What we would like from you:
- Someone who will embody our SEI Values of courage, integrity, collaboration, inclusion, connection and fun. Please see our website for more information.
SEI’s competitive advantage:
To help you stay energised, engaged and inspired, we offer a wide range of benefits including comprehensive care for your physical and mental well-being, strong pension plan, tuition reimbursement, hybrid working environment, and a work-life balance that enables you to relax, recharge and be there for the people you care about.
We are a technology and asset management company delivering on our promise of building brave futures (SM)—for our clients, our communities, and ourselves. Come build your brave future at SEI.
SEI is an Equal Opportunity Employer and so much more…
After over 50 years, SEI remains a leading global provider of investment management, investment processing and investment operations solutions. Reflecting our experience within financial services and financial technology our UK office is based between the City of London and the growing technology hub of Shoreditch. The open plan nature of our office space, flowing lines and numerous art installations are designed to encourage innovation and creativity in our workforce. We recognise that our people are our most valuable asset and are (literally) invested in your success; we know that a healthy, happy and motivated workforce is key to our continued growth. We are focused on ensuring a healthy work-life balance and offer our employees benefits, which include private medical care for you and your family, access to GPs online for appointments, enhanced family leave, volunteer days, access to thriving employee networks and not forgetting free fruit.
SEI Investments (Europe) Ltd (‘SIEL’) is authorised and regulated by the Financial Conduct Authority (FRN 191713).
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Business Development and Sales
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Business Development Director- UK Wealth & IFA, Asset Management Distribution employer: SEI
Contact Detail:
SEI Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Director- UK Wealth & IFA, Asset Management Distribution
✨Tip Number 1
Network strategically within the wealth management and financial advisory sectors. Attend industry events, webinars, and local meetups to connect with potential clients and partners. Building relationships in these circles can give you a significant edge.
✨Tip Number 2
Stay updated on market trends and regulatory changes affecting asset management. This knowledge will not only enhance your conversations with prospects but also position you as a trusted advisor who understands their challenges.
✨Tip Number 3
Leverage social media platforms like LinkedIn to showcase your expertise and insights in asset management. Share relevant content, engage with industry discussions, and connect with decision-makers to increase your visibility.
✨Tip Number 4
Collaborate with colleagues from different departments at SEI to create comprehensive business propositions. This teamwork can lead to innovative solutions that resonate with potential clients and demonstrate SEI's capabilities.
We think you need these skills to ace Business Development Director- UK Wealth & IFA, Asset Management Distribution
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly within asset management and financial services. Use specific examples that demonstrate your ability to build relationships with Wealth Managers and Financial Advisers.
Craft a Compelling Cover Letter: Your cover letter should reflect your passion for new business development and your understanding of the asset management industry. Mention how your skills align with SEI's values and the specific requirements of the role.
Showcase Your Achievements: In both your CV and cover letter, include quantifiable achievements that illustrate your success in previous roles. For example, mention any targets you exceeded or successful partnerships you initiated.
Research SEI Thoroughly: Familiarise yourself with SEI’s services, values, and recent developments in the asset management sector. This knowledge will help you tailor your application and prepare for potential interview questions.
How to prepare for a job interview at SEI
✨Know Your Market
Familiarise yourself with the current trends in the UK wealth management and financial advisory sectors. Understanding the competitive landscape will help you articulate how SEI's solutions can meet the specific needs of potential clients.
✨Demonstrate Your Sales Strategy
Be prepared to discuss your approach to business development, particularly your experience with 'solution selling'. Highlight specific examples where you've successfully converted prospects into clients, showcasing your ability to build relationships and drive results.
✨Showcase Communication Skills
Since superior presentation and communication skills are essential for this role, practice articulating SEI's value proposition clearly and confidently. Use concise language and be ready to answer questions about complex asset management concepts in an accessible way.
✨Emphasise Team Collaboration
This role requires collaboration with various teams within SEI. Be ready to share examples of how you've worked effectively with cross-functional teams in the past, demonstrating your ability to co-manufacture investment propositions and drive collective success.