At a Glance
- Tasks: Generate new business through outbound calls and educate clients on financial solutions.
- Company: Join Bear Business Finance Ltd, a fast-growing and dynamic finance company.
- Benefits: Competitive salary, uncapped commission, career development, and exciting company events.
- Other info: Fast-paced environment with excellent growth opportunities and a supportive team culture.
- Why this job: Kickstart your finance career with mentorship and the potential to earn up to £250,000.
- Qualifications: Sales experience and a positive, driven attitude are essential.
The predicted salary is between 45000 - 125000 £ per year.
Bear Business Finance Ltd is hiring for an Executive Finance Broker to join their fast-growing team. As an Executive Finance Broker, your main responsibility will be to generate new business by contacting potential clients through outbound calls, outlining Bear Business Finance’s financial solutions to the clients, and educating them on the benefits of asset finance and commercial loan funding. You will be working closely with the Director through the ‘Centre of Excellence’ programme. Once you have qualified the opportunities, you will ‘hand over’ the live opportunity to a senior finance broker for completion.
Key Duties include:
- Generate a high level of new business by making outbound calls and building a successful rapport with potential new clients, to support your mentor’s pipeline for fee earning revenue.
- Take a consultative approach, qualifying the customers’ requirements to understand their business finance needs and link them to the suitability of Bear Business Finance’s solutions on offer.
- Read and understand company financials, via online software and manually reading business accounts; training will be provided.
- Compose proposal documentation and funder applications, including document gathering from clients and learning their business model.
- Continually and consistently generate a pipeline of leads for the Senior Finance Broker.
- Report directly to the Senior Finance Broker and respond to all requests made in line with their position and hierarchical seniority.
The successful candidate must have charisma, charm, and personality to build a strong telephone rapport. There will also be a sales process which must be followed, measured by internal KPIs and SLAs, therefore discipline and focus are required. We operate a fun, competitive environment centred around success, development, and aggressive expansion plans.
The remuneration package consists of a competitive basic salary and uncapped commission structure, with a first-year OTE of £60,000–£125,000 and second-year earnings potential of up to £250,000. During your first three months, while completing our Centre of Excellence Programme, we guarantee a pro rata salary equivalent to £45,000 per annum. Upon successful completion of the programme, you will transition to a retained basic salary plus uncapped commission structure.
Our Executive Finance Broker position is part of our ‘Centre of Excellence’ programme. This programme forms a long-term career strategy that our successful candidates will follow, with a view of developing into a fully fledged finance broker within 3 months. Our Centre of Excellence programme provides our Brokers with:
- Director mentorship, development, training, and support from a Finance Expert.
- Working closely with the Director.
- Centre of Excellence clear path, with regular signposted targets and objectives.
- Market-leading commission structure on completion of Centre of Excellence.
On completion of the Centre of Excellence, we expect our candidates to be earning an OTE of circa £250,000 OTE per year from year 2 onwards.
What do our candidates need?
- Enthusiasm, motivation, drive, discipline, and focus.
- A desire to realise maximum earning potential.
- Ability to communicate with all types of business owners.
- Sales focused and relentless.
- Bright and positive attitude.
- Creative mentality to find new prospects.
- Prepared to go above and beyond.
- Literacy skills required to write up and develop proposal documentation and funder applications.
Personal Attributes
- Ambitious with a desire for personal success.
- Team player, to engage with all staff members and build positive inter-company relationships.
- Enjoy a fast-paced competitive environment, work under pressure.
- Be prepared to overcome objections and find solutions.
- Must be organised and enjoy process.
- Ability to prioritise and manage multiple tasks accordingly.
- Business acumen and common sense.
Job Type: Full-time, Permanent
Salary: Up to £125,000 OTE year 1
Schedule: Monday to Friday – 8.30am – 5.30pm
Incentives: Career Development, Company Pension, Company Events and Trips, 20 days holiday plus bank holidays
Ability to commute/relocate: Peterborough - reliably commute or plan to relocate before starting work (required)
Education: A-Level or equivalent (preferred)
Required Experience: Business to Business Sales, Sales Experience 5 years +
Executive Finance Broker in Peterborough employer: BEAR Business Finance
Bear Business Finance Ltd is an exceptional employer, offering a dynamic and competitive work environment in Peterborough where you can thrive as an Executive Finance Broker. With a strong focus on employee development through the 'Centre of Excellence' programme, you will receive mentorship from industry experts, ensuring your growth and success in the finance sector. The attractive remuneration package, including a competitive salary and uncapped commission structure, reflects our commitment to rewarding hard work and ambition, making it a fantastic opportunity for those looking to maximise their earning potential.
StudySmarter Expert Advice🤫
We think this is how you could land Executive Finance Broker in Peterborough
✨Tip Number 1
Get your networking game on! Reach out to your contacts and let them know you're on the hunt for an Executive Finance Broker role. You never know who might have a lead or can introduce you to someone in the industry.
✨Tip Number 2
Practice your pitch! Since you'll be making outbound calls, it’s crucial to have a clear and engaging way to present Bear Business Finance's solutions. Role-play with a friend or record yourself to refine your delivery.
✨Tip Number 3
Stay organised! Keep track of your leads and follow-ups. Use a simple spreadsheet or a CRM tool to manage your pipeline effectively. This will help you stay on top of your game and impress your future mentors.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our fast-growing team at Bear Business Finance.
We think you need these skills to ace Executive Finance Broker in Peterborough
Some tips for your application 🫡
Show Your Charisma:As an Executive Finance Broker, your personality is key! Make sure to let your charm and charisma shine through in your application. We want to see how you can build rapport even before the phone rings!
Tailor Your Proposal:When composing your application, think about how your skills align with our needs. Highlight your sales experience and any relevant financial knowledge. We love seeing candidates who understand our business and can articulate their value!
Be Clear and Concise:We appreciate clarity! Make sure your application is well-structured and easy to read. Use bullet points if necessary to showcase your achievements and skills. Remember, we’re looking for someone who can communicate effectively!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our fast-growing team!
How to prepare for a job interview at BEAR Business Finance
✨Know Your Numbers
Before the interview, brush up on your understanding of financial concepts and be ready to discuss company financials. Familiarise yourself with Bear Business Finance's offerings and how they can benefit potential clients. This will show that you're not just interested in the role but also invested in the company's success.
✨Practice Your Pitch
Since you'll be making outbound calls, practice your pitch beforehand. Role-play with a friend or family member to refine your approach. Focus on being consultative and personable, as building rapport is key in this role. Remember, it's all about connecting with potential clients!
✨Show Your Charisma
The job requires charisma and charm, so let your personality shine through during the interview. Be enthusiastic and positive, and don't hesitate to share examples of how you've successfully built relationships in past roles. This will help demonstrate that you have the right attitude for a sales-focused environment.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This shows your interest in the role and the company. You might want to ask about the Centre of Excellence programme or how success is measured within the team. Engaging with your interviewers will leave a lasting impression!
