At a Glance
- Tasks: Drive business growth and revenue generation in the UK Institutional market.
- Company: Join Barings, a leading investment firm with a commitment to integrity and collaboration.
- Benefits: Competitive salary, professional development, and a supportive work culture.
- Other info: Inclusive workplace that values diversity and offers excellent career advancement opportunities.
- Why this job: Make an impact in a dynamic environment while building relationships with institutional clients.
- Qualifications: 3-10 years of business development experience in the UK Institutional market.
The predicted salary is between 36000 - 60000 £ per year.
At Barings, we are as invested in our associates as we are in our clients. We recognise those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Role OverviewTo further develop and execute the business development and capital raising effort of the UK & EMEA Sales team with a focus on the UK Institutional market, supporting all aspects of Barings investment capabilities. The role is based in London with a focus upon both direct client sales and consultant relations. Experience will be required with Institutional Clients or Consultants. Experience is preferred within the Insurance and Defined Contribution markets but is not a pre-requisite. You will be expected to raise the brand awareness and profile of Barings in the market and provide a senior access point for clients to connect with Barings’ investment capabilities and support functions. 3-10 years experience of business development within the UK Institutional market is required.
Principal Responsibilities- Business Growth and Revenue Generation
- Associate Directors/Directors are responsible for supporting the generation of revenue and supporting new initiatives that will help leverage the breadth of Barings skill set and support the strategic perspectives and vision.
- Associate Directors/Directors should be familiar with how the firms’ profile and vision can drive new business concepts, and help align this to demand shifts and investor trends in channels and areas of focus.
- Associate Directors/Directors should be able to articulate a good working knowledge of the operational procedures and technical capabilities of Barings to our clients, partners and key internal and external stakeholders.
- Conduct and Culture
- Associate Directors/Directors should foster, encourage and support an environment of high conduct and professionalism.
- To support teams and encourage inclusion and engagement amongst staff to support and uphold the firm’s values and culture.
- To identify and address conflicts to use conflicts or disagreement as an effective opportunity to provide support to mentor staff and colleagues to create an environment that supports and upholds Baring’s culture.
- Communication
- Associate Directors/Directors should be able to communicate effectively across peers and direct reports the visions, cultures and goals of the firm.
- Provide clear guidance and articulate the firms vision to achieve the long term objectives.
- To acknowledge sensitive matters of communication and feel empowered to escalate when required.
- Professional Development
- Keep technical, regulatory and personal skills and knowledge up to date, maintain records to evidence how this has been achieved.
- Core Knowledge
- Strong understanding of the UK Institutional market.
- Insurance/Defined Contribution experience is also beneficial.
- In-depth knowledge of key competitors and the broader competitive landscape in the region.
- Knowledge of local market trends and relevant products.
- A good working knowledge of the legal and regulatory provisions associated with the role.
- Core Skills
- Proven sales experience, meeting or exceeding sales targets within assigned client franchises.
- Proven ability to drive the sales process from plan to close.
- Excellent internal and external communications skills.
- Excellent listening, negotiation and presentation skills.
- Ability to build and improve personal relationships with a diverse range of people/personalities.
Business Development, Capital Raising, Defined Contribution, Institutional Sales, Insurance, Private Credit, Sales.
Additional SkillsBarings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Business Development – UK Institutional employer: Barings LLC
At Barings, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to professional development and fostering a culture of integrity and collaboration ensures that our associates thrive both personally and professionally. With a focus on meaningful client relationships and innovative business strategies, we provide unique opportunities for growth and success in the UK Institutional market.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development – UK Institutional
✨Tip Number 1
Network like a pro! Get out there and connect with people in the UK Institutional market. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. Remember, it’s all about who you know!
✨Tip Number 2
Showcase your expertise! When you’re chatting with potential employers or clients, make sure to highlight your knowledge of the UK Institutional market and any relevant experience you have. This will help you stand out as a candidate who truly understands the landscape.
✨Tip Number 3
Practice your pitch! Whether it’s a casual conversation or a formal interview, being able to clearly articulate your value proposition is key. Prepare a few key points about how you can contribute to Barings’ goals and make sure to convey your passion for the role.
✨Tip Number 4
Apply through our website! We want to see your application come through directly. It shows initiative and gives us a chance to see your enthusiasm for joining the Barings team. Plus, it’s the best way to ensure your application gets the attention it deserves!
We think you need these skills to ace Business Development – UK Institutional
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Development role. Highlight your experience in the UK Institutional market and any relevant skills that align with what Barings is looking for. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background fits with Barings' vision. We love seeing genuine enthusiasm, so let your personality come through!
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your ability to drive sales and build relationships. Numbers speak volumes, so if you've exceeded targets or led successful initiatives, make sure to include those details!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the info you need about the role and our company culture there!
How to prepare for a job interview at Barings LLC
✨Know Your Market
Before the interview, dive deep into the UK Institutional market. Understand the key players, trends, and challenges. This knowledge will help you articulate how your experience aligns with Barings' goals and how you can contribute to their business development efforts.
✨Showcase Your Sales Success
Prepare specific examples of your past sales achievements, especially in the institutional space. Be ready to discuss how you met or exceeded targets and what strategies you employed. This will demonstrate your capability to drive revenue generation for Barings.
✨Communicate Clearly
Effective communication is crucial for this role. Practice articulating your thoughts clearly and concisely. Use examples that highlight your ability to engage with clients and stakeholders, showcasing your negotiation and presentation skills.
✨Emphasise Team Collaboration
Barings values teamwork and collaboration. Be prepared to discuss how you've worked effectively within teams in the past. Highlight instances where you supported colleagues or contributed to a positive team culture, aligning with Barings' commitment to professionalism and inclusion.