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- Tasks: Drive new business and build relationships in Trade and Stock Finance.
- Company: Specialist provider focused on supporting SMEs with finance solutions.
- Benefits: Competitive salary, car allowance, bonuses, and exceptional perks.
- Why this job: Join a growing team and make a real impact in the finance sector.
- Qualifications: Experience in lending or working capital environments and strong relationship skills.
- Other info: Flexible working environment with opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a specialist provider of Trade and Stock Finance to small & medium sized enterprises requires a high-performing Business Development Manager to join their expanding team.
Key responsibilities:
- Maximise new business generation and completion.
- Development and maintenance of relationships with potential introducers.
- Maintain high level of awareness of the market environment & intelligence.
- Manage workload between BD and new client completions.
- Assessment of inbound referrals, including facility structuring, on- and off-site DD, preparation for & presentation to credit.
- Oversee all aspects of new client completions, including legal and CP compliance.
- Project STP and the wider business brand professionally always.
The successful candidate will be a strategic thinker, having experience in a lending or other working capital commercial environment with a track record of new business acquisition; working knowledge of account and/or facility operation and associated legal frameworks. Furthermore, you will have a working grasp of SME business operation and financial reporting/management with understanding of operations and risk procedures.
In return, you will be rewarded with a competitive basic salary plus car + bonus + a range of exceptional benefits.
Business Development Manager- Trade and Stock Finance- UK Flexible in London 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- Trade and Stock Finance- UK Flexible in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on your dream job!
✨Tip Number 2
Prepare for those interviews! Research the company and its competitors, and come armed with questions that show you’re genuinely interested. Practise your pitch so you can confidently showcase your experience in trade and stock finance.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Mention something specific from your conversation to remind them why you’re the perfect fit for the Business Development Manager role.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Business Development Manager- Trade and Stock Finance- UK Flexible in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in trade and stock finance, and showcase any relevant achievements that demonstrate your ability to generate new business.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your strategic thinking skills and how your background aligns with the responsibilities outlined in the job description.
Showcase Your Market Awareness: In your application, demonstrate your understanding of the market environment. Mention any trends or insights you've noticed in trade and stock finance that could be relevant to the role, showing us you’re proactive and informed.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates regarding your application status.
How to prepare for a job interview at Business Money Promotions Ltd
✨Know Your Market
Before the interview, make sure you have a solid understanding of the trade and stock finance market. Research current trends, key players, and challenges that SMEs face in this sector. This knowledge will not only impress your interviewers but also help you answer questions more effectively.
✨Showcase Your Relationship Skills
As a Business Development Manager, building relationships is crucial. Prepare examples of how you've successfully developed and maintained relationships with clients or introducers in the past. Be ready to discuss your approach to networking and how you can leverage these skills for their business.
✨Demonstrate Strategic Thinking
Highlight your strategic thinking abilities by discussing specific instances where you've identified opportunities for new business generation. Be prepared to explain your thought process and how you structured deals or approached potential clients to maximise success.
✨Prepare for Technical Questions
Given the nature of the role, expect technical questions related to lending, facility structuring, and compliance. Brush up on relevant legal frameworks and be ready to discuss how you would assess inbound referrals and manage client completions. This will show that you're not just a people person, but also technically savvy.
