City + Capital are currently representing a growing short-term property finance lender who are looking to appoint an experienced Business Development Manager to support the next phase of their growth.
This is an excellent opportunity for an established lending professional to join an ambitious firm at a very exciting point in their growth curve. This is a genuine opportunity to have a real & immediate impact on that success, with opportunity to progress internally, where excellent performance is delivered.
The Company
Our client is a short-term property finance lender, renowned for supporting property investors & developers with access to debt for important projects.
The business offers bridging facilities across residential, semi-commercial and commercial property, supporting both straightforward and more complex transactions.
With access to multiple funding sources, the lender can consider a broad range of opportunities and has built the internal infrastructure required to support a meaningful increase in lending volumes.
Having established its funding platform, products and internal team, the business is now looking to expand its origination capability across London and the South of the UK.
Role Overview
As BDM, you will take responsibility for generating new bridging finance opportunities through brokers, introducers, property investors and professional contacts. You will ensure the opportunities to support the appetite of the business and will ultimately work to achieve an agreed lending target.
This is a heavily front-end focused position. You will identify and assess opportunities, structure transactions, prepare initial credit submissions, agree pricing and issue terms before progressing suitable cases through to application.
Throughout you will be supported by our client’s experienced in-house team. This includes underwriting and credit, as well as junior support to assist with aspects such as case management and broker contact.
You will work closely with senior decisionmakers and will have considerable autonomy to set and manage your diary and objectives to achieve agreed targets. You will be a ‘face of the business’ at industry and will work to enhance our client’s brand and positioning in all aspects.
Responsibilities
- Achieve agreed lending targets to support broader business growth & expansion
- Work with brokers, introducers and borrowers to build a lending pipeline
- Assess deals and ensure they meet appetite, work with underwriting and credit
- Enhance and grow the firms reputation by attendance at forums and events
- Understand requirements, security, leverage, transaction structure and exit strategy
- Structure transactions commercially while remaining conscious of credit risk
- Agree pricing and issue indicative terms
- Work closely with the board on market opportunities and broader commercial strategy
- Represent the lender at broker meetings, events and relevant industry functions
Candidate Requirements
The successful candidate for this role will be an experienced bridging or short-term property finance professional who is a well-connected self-starter in London or the Southeast.
You will have a good knowledge of deal structuring and the key credit principles that underpin good short-term lending. You will be an excellent communicator, collaborative in your approach and able to engage and lead loan stakeholders.
You will also be excited to join a growing lender in the market and both confident and ambitious to take on more senior roles within, where excellent performance is delivered in this role.
- Highly experienced & well connected for short-term property finance lending
- Experienced in deal assessment, structures and negotiations
- Well connected to brokers, introducers and borrowers for originations
- A good knowledge of the different property asset classes
- Strong understanding of LTV, security & short-term loan exit strategies
- Confidence preparing and presenting initial credit submissions
- Strong relationship management and communication skills
- Ambitious and keen to push on in lending career
On Offer
Our client is ideally looking to pay up to £80k as a basic salary, relevant to experience. Higher offers may be considered for exceptional talent.
Salary will be complemented by access to an excellent bonus scheme too which will reward you for completions and will drive a significant 6-figure OTE.
There is also genuine long-term progression available. As the business continues to grow its lending volumes and distribution capability, a strong performer will have the opportunity to take on greater responsibility and potentially progress into a senior sales leadership position.
Our client is keen to ‘promote from within’ which formed a large part of the role brief, so this is certainly more of a ‘career opportunity,’ as opposed to just another job!
Next Steps
There is a reasonable amount of urgency to fill this position in line with the lender's growth objectives.
Due to the nature of the role and opportunity, we do not expect it to be on the market for long.
If this role does sound like one that you are both qualified for and interested in, then we look forward to your application as soon as possible.
Once we have reviewed your application, we will be in touch with an update. We look forward to hearing from you.
The City + Capital Team
Business Development Manager employer: City + Capital
Joining this dynamic development finance lender means becoming part of a forward-thinking team that values innovation and collaboration. With a strong focus on employee growth, you will have the opportunity to influence key lending decisions and build lasting relationships in a supportive environment. Located in a vibrant area, the company offers a unique chance to engage closely with the full lending process, ensuring your contributions are both impactful and rewarding.
