At a Glance
- Tasks: Drive growth in Asset Based Lending by originating high-value transactions and building partnerships.
- Company: Award-winning bank committed to supporting entrepreneurial spirit and flexible finance solutions.
- Benefits: Competitive salary, flexible working, and opportunities for professional development.
- Other info: Dynamic role with a focus on collaboration and customer experience.
- Why this job: Make a real impact in the SME market with autonomy and exposure to senior stakeholders.
- Qualifications: Proven experience in ABL transactions and a strong network in corporate finance.
The predicted salary is between 70000 - 90000 € per year.
We’re Aldermore – the award‑winning bank trusted by over a quarter of a million customers. With specialist mortgages, savings and business finance solutions, we champion entrepreneurial spirit, support first‑time buyers, open up the lending market, and power thousands of vehicle purchases through MotoNovo Finance every week. We’re on a journey to deliver on our purpose — backing more people to go for it, in life and business.
We’re looking for a Business Development Manager to help grow our Asset Based Lending (ABL) offering. You will work with businesses across the UK who need flexible working capital solutions and will be instrumental in driving growth in the SME market. This role focuses on originating and shaping complex, high‑value ABL transactions (£0.5m–£50m), building long‑term introducer partnerships, and representing Aldermore in a competitive marketplace. With real autonomy in a field‑based role and exposure to senior stakeholders, this is a fantastic opportunity to make a visible impact.
Responsibilities- Originating new ABL opportunities and delivering new business volumes in line with our growth plans.
- Building and maintaining high‑quality relationships with introducers including corporate finance advisers, accountants, brokers and other professionals.
- Managing the full sales process end‑to‑end, from initial enquiry through to onboarding.
- Preparing clear, accurate credit submissions to support efficient underwriting and approvals.
- Staying close to the ABL market – understanding competitor offerings, pricing, trends and risks.
- Working collaboratively with teams across Risk, Operations and Relationship Management to ensure great customer and introducer experiences.
- Upholding conduct standards, TCF requirements and FCA expectations relevant to the role.
- Proven track record in originating ABL transactions within the £0.5m–£50m range.
- Established network of introducers across corporate finance, accounting and broker communities.
- Strong understanding of ABL structures (receivables, inventory, plant).
Senior ABL Business Development Director employer: Aldermore Bank
Aldermore is an exceptional employer that champions entrepreneurial spirit and fosters a collaborative work culture, making it an ideal place for professionals looking to make a meaningful impact in the Asset Based Lending sector. With a focus on employee growth and development, we offer autonomy in a field-based role, competitive compensation, and the opportunity to build long-term relationships with key stakeholders across the UK. Join us in our mission to support businesses and individuals alike, while enjoying the benefits of working for an award-winning bank dedicated to innovation and customer success.
StudySmarter Expert Advice🤫
We think this is how you could land Senior ABL Business Development Director
✨Tip Number 1
Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant online forums. The more people you know in the ABL space, the better your chances of landing that dream role.
✨Tip Number 2
Showcase your expertise! Create a personal brand on LinkedIn by sharing insights about ABL trends and your experiences. This not only highlights your knowledge but also attracts potential employers who are looking for someone just like you.
✨Tip Number 3
Prepare for interviews by researching Aldermore and its competitors. Understand their ABL offerings and be ready to discuss how you can contribute to their growth. Tailoring your approach will make you stand out from the crowd.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team at Aldermore.
We think you need these skills to ace Senior ABL Business Development Director
Some tips for your application 🫡
Show Your Passion for ABL:When writing your application, let your enthusiasm for Asset Based Lending shine through. We want to see how you can contribute to our mission of supporting businesses with flexible working capital solutions.
Highlight Your Network:Make sure to mention your established network of introducers in your application. We’re looking for someone who can hit the ground running, so showcasing your connections in corporate finance and accounting will definitely catch our eye.
Be Clear and Concise:In your written application, clarity is key. We appreciate straightforward communication, so keep your points clear and to the point, especially when discussing your experience with ABL transactions.
Tailor Your Application:Don’t forget to tailor your application to us! Research Aldermore and reflect our values and goals in your writing. This shows us that you’re genuinely interested in joining our team and making an impact.
How to prepare for a job interview at Aldermore Bank
✨Know Your ABL Inside Out
Make sure you brush up on your knowledge of Asset Based Lending. Understand the different structures, such as receivables and inventory, and be ready to discuss how you've successfully originated transactions in the £0.5m–£50m range. This will show that you're not just familiar with the terminology but can also apply it in real-world scenarios.
✨Build Your Introducer Network
Before the interview, think about your existing network of introducers. Be prepared to share specific examples of how you've built and maintained relationships with corporate finance advisers, accountants, and brokers. This will demonstrate your ability to leverage connections for business growth, which is crucial for this role.
✨Showcase Your Sales Process Mastery
Be ready to walk through your approach to managing the full sales process from initial enquiry to onboarding. Highlight any tools or strategies you use to ensure efficiency and effectiveness. This will illustrate your capability to handle complex transactions and your understanding of what it takes to close deals successfully.
✨Stay Ahead of Market Trends
Research the current ABL market trends, competitor offerings, and pricing strategies. Bring insights to the interview about how these factors could impact Aldermore's growth plans. This shows that you're proactive and have a strategic mindset, which is essential for driving growth in the SME market.
