At a Glance
- Tasks: Support the team in executing commercial mortgage and property development applications.
- Company: Aldermore Bank is a dynamic financial services provider focused on empowering customers.
- Benefits: Enjoy flexible working, competitive salary, and a range of perks like private medical insurance.
- Other info: Open to applicants from diverse backgrounds; we value respect and compassion.
- Why this job: Join a growing company that values diversity and offers opportunities for personal and professional growth.
- Qualifications: Some knowledge of commercial real estate and banking processes is preferred.
The predicted salary is between 28800 - 48000 £ per year.
Business Development Specialist - Commercial Real Estate
Aldermore Bank plc Manchester, United KingdomAldermore Bank plc Manchester, United Kingdom
The Vacancy
Let us tell you a bit more about us...
We\'re a nimble and ambitious financial services specialist. Backing people to go for it in life and business..
We\'re UK-based supporting our customers across a range of products and services. Aldermore Group was formed by bringing together two very successful businesses, Aldermore Bank and MotoNovo Finance, under the First Rand umbrella.
We thrive by saying \"yes\" to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.
This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.
Let us tell you about the opportunity
To assist in the delivery of business objectives, and to provide dedicated support and assistance to CRE SLT and lending Managers in the transaction execution of commercial mortgage, property development and specialist lending applications from initial enquiry through to legal completion.
What would your day look like?
- Case management on the Finnova/DPR System to ensure delivery of quality data input and management on all cases, ensuring 100% integrity of information quality, from application through to legal completion.
- Maintenance of updating of all relevant SOPS required to support business processes.
- Completion of CDD checks for approval by Lending manager.
- Producing accurate / right first time Offer Letters once case approved by Credit Team. and Credit
- Obtaining legal, Valuation and IMS quotes and issue instruction letters as required.
- Chasing and diarising Offers Issued for timely acceptance.
- Prepare CP checklist.
- Ensure all CPs set in the offer are satisfied to ensure progress of case to completion in timely manner
- Suspense account management: allocation and amendment of fees as required.
- Set up Borrower folders for Credit Stewardship saving all key information
- Working with Credit Delivery throughout the process to ensure delivery of new business aligned to credit sanction and smooth handover to Credit Stewardship.
- Completions checklist and full instructions to CRE Ops for payout.
What do we expect of you?
- Ability to work on own initiative, a self-starter, capable of working in a high volume, fast paced environment, maintaining, attention to detail, personal motivation, drive and successful performance.
- Some knowledge / experience within the Commercial Real Estate sector generally, with a knowledge of the products and loan structures available from other Lenders in the market.
- Knowledge and understanding of the Finnova Platform.
- An understanding of legal/security requirements, property valuation issues, and banking processes to assist in transaction execution.
- Ability to work in a team to assist in delivery of business objectives.
- A good understanding of post approval processes to ensure due diligence is completed as required to facilitate an efficient customer journey and loan completion.
- Ensure that market, sector and regulatory knowledge is continuously developed and maintained.
What can you expect of us?
- A friendly and flexible culture, the same as how we work with our customers
- A growing organisation that means there\'s lots of opportunities to progress
- A drive for continuous improvement, which you will be empowered to get behind from day one
- A communicative, accessible and approachable ExCo.
- And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential
Still curious?
Join us and we\'ll make the same promises to you as a colleague, as we do to each of our customers. We\'re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you\'re pregnant or on family leave.
If you\'re interested but not sure if you meet all the criteria listed... have a chat with us. We are open to applications from varied backgrounds.
The Company
We champion equality by supporting the exceptions to the rule and getting finance to where it\'s needed.
We lend the money people save with us, to people who want to get on in life; build businesses and create employment, buy property for people to live and work in, and purchase vehicles to move families and goods around.
Behaviour Framework
Our behavioural framework underpins our purpose and strategic drivers, as it outlines the behaviours we need to demonstrate in order to succeed. Where our strategic drivers (Stay Ahead Propositions, Relationships That Last and Progressive Platform) outline what we need to do to succeed, our behaviours guide us in how. In your second interview, we\'ll ask you to talk through some examples where you\'ve demonstrated these behaviours in your previous roles.
The Benefits
As you would expect, we offer a competitive basic salary and reward package, and you\'ll also benefit from our commitment to investing in your professional development throughout your journey with us.
Benefits vary across the business depending on the role you do, but these will give you an idea of what to expect:
Your Company Benefits
- Discretionary bonus scheme
- Aviva Digital GP
- Bus And Tram Benefit
- Employee Assistance Programme
- Eyecare Voucher & Display Screens/Desk Set-Up
- Flu Jab Vouchers
- Group Income Protection
- Life Assurance
- Metrolink Annual Pass & Clipper Ticket
- Microsoft Discounts
- Private Medical Insurance Shopping Discounts
- Toothfairy
- Your Workplace Pension
- Hybrid Working
Benefits You Can Choose
- Critical Illness
- Cycle To Work
- Dental Insurance
- Give As You Earn
- Government Tax-Free Childcare Scheme
- Octopus Electric Vehicles
- Save Our Planet
- Season Ticket Loan
- Spouse Or Partner Life Assurance
- Technology
- Wearable Technology
- Wellbeing App
- Will Writing
Boost your career
Find thousands of job opportunities by signing up to eFinancialCareers today. #J-18808-LjbffrBusiness Development Specialist - Commercial Real Estate | Manchester, UK employer: Aldermore Bank PLC
Aldermore Bank plc is an exceptional employer that fosters a friendly and flexible work culture, empowering employees to drive continuous improvement from day one. Located in Manchester, the bank offers numerous opportunities for professional growth, competitive rewards, and a commitment to diversity and inclusion, making it an ideal place for those looking to make a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Specialist - Commercial Real Estate | Manchester, UK
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Aldermore Bank PLC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Business Development Specialist - Commercial Real Estate | Manchester, UK
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Aldermore Bank PLC.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Aldermore Bank PLC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Aldermore Bank PLC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Aldermore Bank PLC.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Aldermore Bank PLC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Aldermore Bank PLC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
