At a Glance
- Tasks: Conduct site visits to assess potential borrowers and make lending decisions.
- Company: Dynamic financial services company with a focus on innovation and growth.
- Benefits: Hybrid work model, monthly car allowance, and opportunities for professional development.
- Other info: Exciting role with excellent career progression and a supportive team environment.
- Why this job: Join a team where your decisions directly impact businesses and communities.
- Qualifications: Experience in commercial lending, risk assessment, and strong communication skills.
The predicted salary is between 36000 - 60000 £ per year.
Job Title: Business Development Executive
Working the Windsor office and conducting site visits across England and Wales
Overview:
- You will be conducting site visits to potential borrowers at their place of business to assess if we are proceeding to a lending decision.
- You will be assessing director behaviour, business sector and collating any further documentation required to determine your final lending decision.
- You will be looking at the risks involved with the business and put these factors towards the lending decision.
- The information that is gathered at the underwriting stage will also support you to conduct the visit.
- You will be required to present the site visit findings to the Loan Sales Manager along with your business decision as to whether we should approve the lending decision.
- You will be required to build a business relationship with the director(s) you meet during your site visits to enable a solid line of communication. You be required to make contact directly with the director(s) to confirm, re-arrange and ensure that the director has all necessary documents and proof prepared for their visit.
- A strong understanding of commercial lending, risk assessment and financial analysis is required.
- Absolute professionalism whilst representing the company is essential.
- Strong time management is vital in this role.
Role Responsibilities
- Support the underwriting team by underwriting cases when you are not out on the road.
- Maintain an understanding of and comply with all relevant lending regulations, including those from financial regulatory bodies and internal lending policies.
- Upon completion of the site visit, ensure you carry out a post visit meeting with the Loan Sales Manager, at this stage you must ensure you raise any red flags/ concerns regarding the business we are considering lending to.
- Evaluate creditworthiness and risks of loan applicants by analysing financial data including income, financial statements, and collateral when underwriting cases.
- Provide excellent customer service by promptly responding to questions and concerns from loan applicants, explaining the loan application process, and communicating decisions effectively.
- Keep yourself updated on loan products, underwriting standards, and collections procedures.
- Ensure all documentation and ID Verification checks are prepared and completed to a satisfactory standard before submitting the case to the lending department.
- Be able to operate with proficiency CRM systems and keep accurate notes and documentation.
- Make it your responsibility to know your customers.
Requirements
- Use of own car as you will be required to drive to our customers (monthly car allowance).
- Confident, friendly and a professional manner is required at all times as you will representing the company when onsite visits.
- Excellent interpersonal and communication skills.
- Excellent analytical and decision-making abilities.
- Knowledge of loan compliance and regulatory standards.
Business Development Executive in Windsor employer: Connect Recruitment Consultants Ltd.
As a Collections Operations Manager in Windsor, you will join a dynamic team that prioritises employee growth and development within a supportive work culture. Our company offers competitive salaries, comprehensive benefits, and a commitment to continuous improvement, ensuring that you have the resources and opportunities to excel in your role while making a meaningful impact on customer outcomes and operational efficiency.
Contact Details:
Connect Recruitment Consultants Ltd. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Executive in Windsor
✨Tip Number 1
Get to know the company inside out before your interview. Research their values, recent projects, and any news related to them. This will help you tailor your conversation and show that you're genuinely interested in being part of their team.
✨Tip Number 2
Practice your pitch! You’ll need to present your findings clearly and confidently. Rehearse how you’d explain your decision-making process regarding lending, as well as how you assess risks. This will make you sound more convincing during interviews.
✨Tip Number 3
Network like a pro! Connect with professionals in the industry on LinkedIn or attend relevant events. Building relationships can lead to referrals and insider tips about job openings, which is super helpful for landing that Business Development Executive role.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email reiterating your interest in the position and highlighting a key point from your discussion can keep you fresh in their minds. Plus, it shows your professionalism and enthusiasm!
We think you need these skills to ace Business Development Executive in Windsor
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Development Executive role. Highlight your experience in commercial lending, risk assessment, and any relevant site visit experience. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit. Don’t forget to mention your understanding of financial analysis and customer service – we love that!
Showcase Your Professionalism:Since you'll be representing us during site visits, it's crucial to convey professionalism in your application. Use a clear and concise writing style, and make sure there are no typos or errors. First impressions matter!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, you’ll get to see all the other cool opportunities we have!
How to prepare for a job interview at Connect Recruitment Consultants Ltd.
✨Know Your Stuff
Make sure you brush up on commercial lending, risk assessment, and financial analysis. Familiarise yourself with the latest regulations and internal policies so you can confidently discuss them during the interview.
✨Showcase Your People Skills
Since you'll be building relationships with directors, highlight your interpersonal and communication skills. Prepare examples of how you've successfully managed client relationships or resolved conflicts in the past.
✨Be Ready to Discuss Risk
Prepare to talk about how you assess risks when making lending decisions. Think of specific scenarios where you identified potential red flags and how you handled them, as this will demonstrate your analytical abilities.
✨Time Management is Key
This role requires strong time management skills, so be ready to discuss how you prioritise tasks and manage your schedule. Share examples of how you've balanced multiple responsibilities effectively in previous roles.
