At a Glance
- Tasks: Drive new business opportunities in Asset Based Lending across the Midlands.
- Company: Join a leading International Bank known for innovation and success.
- Benefits: Enjoy a competitive salary, great perks, and career growth potential.
- Why this job: Be part of a dynamic team making an impact in the finance industry.
- Qualifications: Experience in sales, strong network, and knowledge of Receivables Finance required.
- Other info: This role demands resilience and a proactive approach to sourcing business.
The predicted salary is between 43200 - 72000 £ per year.
Our client, a highly successful and well established International Bank, requires an experienced sales professional to join their high performing team in the Midlands.
You will be required to develop new working capital solutions and specifically Asset Based Lending business opportunities within your designated territory. Target businesses will typically turn over between £10m and £100m per annum with an average deal size of between £2m & £20m.
You will be required to source your business independently. Therefore an established network of professional introducers is essential, as is an in depth knowledge of both Receivables Finance and ABL. You will also be able to display a thorough understanding of Financial Accounting and its practical application in a business lending environment.
This is an outstanding opportunity to join one of the most exciting and innovative organisations within this growing industry. This is a highly targeted sales position that will require a resilient character and tenacious work ethic.
You will be rewarded with a market leading salary and benefits package, in addition to outstanding future career potential.
Rob Milner
Managing Director
M2 | Professional Recruitment Services Ltd
rmilner@m2recruit.co.uk
www.m2recruit.co.uk
Tel: 01625 522774
Fax: 01625 523377
Mob: 07899 798 580
M2 Professional Recruitment Services Ltd, 1st Floor Offices, 86 Water Lane, Wilmslow, Cheshire, SK9 5BB
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Business Development Manager – Midlands employer: Business Money Promotions Ltd
Contact Detail:
Business Money Promotions Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager – Midlands
✨Tip Number 1
Network, network, network! Since this role requires an established network of professional introducers, make sure to attend industry events and connect with potential contacts in the Midlands. Building relationships now can pay off when you're looking to source business opportunities.
✨Tip Number 2
Brush up on your knowledge of Receivables Finance and Asset Based Lending (ABL). Familiarise yourself with the latest trends and case studies in these areas, as demonstrating your expertise during conversations can set you apart from other candidates.
✨Tip Number 3
Prepare to showcase your understanding of Financial Accounting. Be ready to discuss how financial principles apply in a lending context, as this will be crucial in proving your capability to develop new working capital solutions.
✨Tip Number 4
Demonstrate your resilience and tenacity. This is a highly targeted sales position, so think of examples from your past experiences where you've overcome challenges or met tough targets. Showing that you have the right mindset can make a big difference.
We think you need these skills to ace Business Development Manager – Midlands
Some tips for your application 🫡
Understand the Role: Read the job description carefully to grasp the key responsibilities and requirements. Highlight your experience in sales, particularly in developing working capital solutions and Asset Based Lending.
Tailor Your CV: Customise your CV to reflect your relevant experience and skills. Emphasise your established network of professional introducers and your knowledge of Receivables Finance and ABL.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of financial accounting and its application in business lending. Use specific examples from your past experiences to demonstrate your resilience and tenacity.
Proofread Your Application: Before submitting, thoroughly proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at Business Money Promotions Ltd
✨Showcase Your Network
Since sourcing business independently is crucial for this role, be prepared to discuss your established network of professional introducers. Highlight specific connections and how they can benefit the company.
✨Demonstrate Financial Acumen
Make sure you have a solid understanding of Receivables Finance and Asset Based Lending. Be ready to explain complex financial concepts in simple terms, showcasing your ability to apply financial accounting knowledge in a lending context.
✨Prepare for Targeted Sales Questions
Expect questions that assess your resilience and tenacity in a highly targeted sales environment. Prepare examples from your past experiences where you successfully overcame challenges to close deals.
✨Research the Company and Industry
Familiarise yourself with the bank's position in the market and recent developments in the industry. This will not only show your enthusiasm but also help you ask insightful questions during the interview.