At a Glance
- Tasks: Drive business growth by promoting investment solutions to UK intermediaries.
- Company: Join Brooks Macdonald, a leading wealth management firm in the UK.
- Benefits: Enjoy flexible working, competitive salary, and a diverse, inclusive culture.
- Other info: Collaborative environment with opportunities for professional growth.
- Why this job: Make a real impact in the finance sector while developing your career.
- Qualifications: Experience in business development with UK intermediary firms is essential.
The predicted salary is between 36000 - 60000 £ per year.
Brooks Macdonald Group plc is one of the UK's leading wealth management firms, recognised for investment performance and client service. We offer leading multi-asset investment services to intermediaries and high-quality financial planning advice to private clients, benefitting from a strong local presence across the UK. We offer fulfilling careers in an inclusive culture that values diversity, ambition and rewards high performance.
Our values (we call them our guiding principles) underpin our culture and are at the heart of everything we do:
- the right thing
- we are connected
- we make a difference
We welcome talented people from all backgrounds who live our guiding principles and are focused on ensuring good outcomes for our clients. We value different ways of working and actively promote flexible working across our business. Collaboration is important to us as a firm, with employees required to be in the office 3 days a week, and each team having a core in-office day per week. We’re committed to promoting equal employment opportunities and positively encourage applications from suitably qualified candidates regardless of race, religion or belief, sexuality, age, disability, gender, gender identity, marital status or pregnancy and maternity.
Role Overview
The Business Development Manager will be responsible for developing and promoting BM’s investment solutions, including bespoke, MPS and funds to UK Intermediaries. The role will primarily be focused on developing the delivery of Brooks Macdonald’s product offerings in central London, developing existing relationships and establishing professional relationships with new adviser contacts. The individual will bring together the various investment and market insights from our Centralised Investment Proposition to secure new business and will develop a deep knowledge of BMs investment solutions and fund business.
Role Responsibilities
- Contribute to new business sales and retention of assets
- Identify and develop new business opportunities and work with Investment Managers to execute growth within the region
- Actively promote the products of BM to relevant intermediary businesses via face-to-face meetings, remote meetings, phone calls and emails
- Maintain a broad knowledge of investment perspectives and technical ability to help achieve sales targets
- Leverage insights from the Multi-Asset team, the CIO group, and the broader fund management team to articulate to stakeholders a view from Brooks Macdonald regarding the global economy, capital markets and underlying asset classes
- Contribute, as appropriate, to the creation of suitable Marketing campaigns, mailings & literature
- Attend and speak at appropriate seminars/conferences and help develop the Brooks Macdonald brand and services
- Attend sales meetings and bring market intelligence to help improve and develop the offerings of BM
- Ensure that necessary CRM/management reporting updates are completed in a timely and thorough manner (Salesforce)
- Ensure core messages are disseminated efficiently, professionally and in a compliant manner to a wide audience, including understanding and sharing with intermediaries our collateral/updates in terms of Consumer Duty
- Proactively follow up event and marketing initiatives to achieve a consistently high level of activity
- Perform role always ensuring adherence to the expected behaviours stated in the FCA Conduct Rules
Knowledge, Skills and Experience
- Proven experience of working with UK intermediary firms with a business development focus
- Extensive and relevant sales and/or account management experience
- Demonstrable knowledge of adviser firms in the region
- Sound understanding of the regulatory requirements around investments
- Thorough knowledge of Investment Funds, preferably including Multi Asset Fund offerings
- Demonstrable understanding of financial markets and instruments
- Proven track record of exceeding targets
- Ability to engage diverse clients, investment managers and product providers
Seniority Level: Mid-Senior Level
Employment Type: Full-time
Job Function: Business Development
Business Development Manager in Manchester employer: Brooks Macdonald
Brooks Macdonald is an excellent employer, offering a dynamic work culture in the heart of Edinburgh that values collaboration and professional growth. With a commitment to employee development, you will have access to ongoing training and mentorship opportunities, all while enjoying the flexibility of a hybrid work model that promotes work-life balance. Join us to be part of a supportive team that prioritises excellence and client engagement.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager in Manchester
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, seminars, or even casual meet-ups where you can chat with potential employers or colleagues. Remember, it’s all about who you know!
✨Tip Number 2
Be ready to showcase your skills! When you land that interview, come prepared with examples of how you've driven business growth in the past. Use specific numbers and results to back up your claims – it’ll make you stand out!
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you nail that application process. Plus, it shows you’re genuinely interested in joining our team at Brooks Macdonald.
We think you need these skills to ace Business Development Manager in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Development Manager role. Highlight your experience with UK intermediary firms and any relevant sales achievements. We want to see how your background aligns with our values and the specific responsibilities of the role.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about wealth management and how you can contribute to Brooks Macdonald. Be sure to mention your understanding of investment solutions and your approach to building relationships.
Showcase Your Knowledge:Demonstrate your knowledge of the financial markets and investment funds in your application. We’re looking for someone who can articulate insights and engage with diverse clients, so don’t hold back on sharing your expertise!
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Brooks Macdonald
✨Know Your Stuff
Make sure you have a solid understanding of Brooks Macdonald’s investment solutions and the financial markets. Brush up on their Multi-Asset Fund offerings and be ready to discuss how these can benefit UK intermediaries. This will show that you're not just interested in the role, but also genuinely invested in what they do.
✨Showcase Your Relationship Skills
Since the role involves developing relationships with adviser contacts, prepare examples of how you've successfully built and maintained professional relationships in the past. Think about specific situations where your interpersonal skills made a difference in achieving business goals.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific business development scenarios. Prepare by thinking through potential challenges you might face in the role and how you would address them. This will demonstrate your problem-solving abilities and strategic thinking.
✨Align with Their Values
Familiarise yourself with Brooks Macdonald’s guiding principles and think about how your own values align with theirs. Be prepared to discuss how you embody these principles in your work, especially around collaboration and making a difference, as this will resonate well with the interviewers.
