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- Tasks: Support Business Development Directors in managing broker relationships and executing complex transactions.
- Company: Join a respected provider of asset finance solutions in the UK market.
- Benefits: Gain hands-on experience with structured development pathways and potential for career growth.
- Why this job: Work on high-value transactions while developing skills in credit analysis and deal structuring.
- Qualifications: Ideal for commercially aware individuals with strong organisational skills and interest in asset finance.
- Other info: Opportunity to grow into a senior client-facing role within a dynamic team.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a well established and respected provider of asset finance solutions within the UK market.
They have a newly created role for a Business Development Associate to join their specialist lending team in Manchester – the team deal with larger, more structured and complex transactions.
You will be responsible for supporting the Business Development Directors (BDDs) in managing broker relationships and executing transactions.
This role provides a structured development pathway for individuals aspiring to become BDDs, offering hands-on experience in credit analysis, deal structuring, and stakeholder engagement, while working on complex, high-value transactions within the middle-ticket market (ranging from £500k-5M).
You will work closely with BDDs to triage broker proposals, prepare credit submissions, and manage the administrative and operational aspects of transactions. The role is ideal for a commercially aware individual with strong organisational skills, a keen interest, and some experience in asset finance, and a desire to grow into a senior client-facing role.
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Business Development Associate – Asset Finance employer: CBC Recruitment Solutions
Contact Detail:
CBC Recruitment Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Associate – Asset Finance
✨Tip Number 1
Familiarise yourself with the asset finance market, especially the middle-ticket segment. Understanding the nuances of transactions ranging from £500k to £5M will give you an edge in discussions and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the asset finance industry. Attend relevant events or join online forums to connect with Business Development Directors and other associates. Building these relationships can provide insights and potentially lead to referrals.
✨Tip Number 3
Gain a solid understanding of credit analysis and deal structuring. Consider taking short courses or certifications that focus on these areas, as they will be crucial in supporting BDDs and managing broker relationships effectively.
✨Tip Number 4
Prepare to discuss your organisational skills and how you've managed complex tasks in previous roles. Be ready to share specific examples that highlight your ability to handle multiple responsibilities, as this is key for managing the administrative aspects of transactions.
We think you need these skills to ace Business Development Associate – Asset Finance
Some tips for your application 🫡
Understand the Role: Familiarise yourself with the responsibilities of a Business Development Associate in asset finance. Highlight your understanding of broker relationships, credit analysis, and deal structuring in your application.
Tailor Your CV: Make sure your CV reflects relevant experience in asset finance or similar fields. Emphasise any previous roles that involved managing relationships or executing transactions, as these are key aspects of the job.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as organisational skills and commercial awareness, and express your desire to grow into a senior client-facing role.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that your documents are well-structured and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at CBC Recruitment Solutions
✨Understand Asset Finance
Make sure you have a solid grasp of asset finance concepts and terminology. Familiarise yourself with the types of transactions the company deals with, especially in the middle-ticket market, as this will show your genuine interest and preparedness.
✨Showcase Your Organisational Skills
Since the role requires strong organisational abilities, be ready to discuss examples from your past experiences where you successfully managed multiple tasks or projects. Highlight how you prioritised and executed these tasks effectively.
✨Prepare for Stakeholder Engagement Scenarios
Think about situations where you've had to engage with different stakeholders. Be prepared to discuss how you built relationships and communicated effectively, as this is crucial for managing broker relationships in the role.
✨Express Your Career Aspirations
This position offers a pathway to becoming a Business Development Director. Be open about your career goals and express your enthusiasm for growing into a senior client-facing role. This shows that you are motivated and see a future with the company.