At a Glance
- Tasks: Build and manage customer relationships in the commercial lending market.
- Company: Ambitious company focused on growth and excellence in customer service.
- Benefits: Permanent position with opportunities for career advancement.
- Other info: Work across various regions including North, Midlands, London, or the South East.
- Why this job: Join a dynamic team and make a real impact in business development.
- Qualifications: 3+ years of lending experience and strong relationship management skills.
The predicted salary is between 45000 - 55000 £ per year.
We are currently working in partnership with an ambitious client who has plans to grow. The team is vital in achieving that growth. Hard work, commitment, and their passion for delivering excellence in customer services drives their success.
The Business Development Manager role will be operating in the North, London, or the South regions. The role is responsible for establishing, developing, and managing sustainable and mutually beneficial relationships with direct customers as well as through their own Broker and Introducer networks in the commercial lending market. Through exceptional customer service, the role holder will be focused on building a customer base in their geographical location, securing new customer relationships as well as supporting existing customers with their financial needs.
As part of this role, the expectation is that the individual will be able to play an important part in supporting the business in the ongoing review and development of lending appetite across its existing and new commercial loan products.
Responsibilities:- Develop, maintain, and grow a sustainable, mutually beneficial direct and indirect customer base through outstanding relationship management.
- Through effective and targeted networking, raise the awareness and profile of the brand in the markets in which we operate.
- Collaboratively work with Loan Management and Credit Partners on all new lending proposals throughout the process.
- Review and analyze all new business enquiries received and, in the case of lending proposals that proceed, lead the production of the credit paper in collaboration with the Loan Manager for submission to the Credit Partner in the Credit Underwriting Team for an underwriting decision.
- Present considered lending proposals to the Regional Director and Credit Underwriting Team, ensuring accuracy and a sound appreciation of the key risks of the transaction.
- Operate within credit risk appetite and lending policy/criteria to complete quality lending propositions at all times.
- Provide open communication and transparency with multiple stakeholders internally and externally.
- Act as either lead or support on projects both within the Business Development Team and across the wider business on commercial lending-related initiatives.
- 3+ years of lending experience.
- Experience of a broad range of commercial lending sectors.
- Experience of Asset-Based Lending is desirable but not essential.
- ACIB qualification is desirable but not essential.
- Proven ability to provide an outstanding level of service to customers.
- Successful track record of identifying new business opportunities from networking within a geographic location, utilizing a wider professional network, and from an existing customer base.
- Capable of considering, assessing, and exploring a range of lending proposals from bridging finance to medium-term lending, identifying the key risks and mitigants of these proposals, and presenting a succinct analysis and recommendation of the rationale for progressing a case.
- Proven Business Development and relationship management skills.
- Advanced Business Case writing skills.
Locations: North, Midlands, London, or the South East
Duration: Permanent
If you are interested in this position or know of someone who is, get in touch today by sending your CV/details to coral@davieswright.co.uk or calling 07488 253195.
27/10/2021 employer: Business Money Promotions Ltd
Join one of the UK's leading providers of Invoice Finance, where you will thrive in a dynamic work culture that values integrity and excellence. With a focus on employee growth, we offer comprehensive training and development opportunities, alongside a competitive salary and benefits package, including a car allowance. Located in the picturesque South West of England, our team enjoys a supportive environment that encourages collaboration and innovation, making it an ideal place for professionals seeking meaningful and rewarding careers.
Contact Details:
Business Money Promotions Ltd Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land 27/10/2021
✨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.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Business Money Promotions Ltd. 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 27/10/2021
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 Business Money Promotions Ltd.
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 Business Money Promotions Ltd'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 Business Money Promotions Ltd
✨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 Business Money Promotions Ltd.
✨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 Business Money Promotions Ltd 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 Business Money Promotions Ltd 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.
