At a Glance
- Tasks: Drive new business by engaging with financial advisers and wealth managers.
- Company: Join a dynamic financial services firm with a focus on growth.
- Benefits: Hybrid work model, competitive salary, and opportunities for professional development.
- Other info: Supportive environment with excellent career progression opportunities.
- Why this job: Make a real impact in the financial sector while building valuable relationships.
- Qualifications: Experience in wealth management and strong relationship-building skills.
The predicted salary is between 50000 - 60000 £ per year.
An excellent opportunity for an enthusiastic and hardworking Business Development Manager to join a growing financial services firm. The role will require the candidate to have at least x years' experience in a wealth management firm, to provide support to our London office.
This is a proactive BDM role focused on winning new business from financial advisers, wealth managers and discretionary investment managers. You will be responsible for proactively identifying and converting new opportunities, forming relationships with wealth managers, adviser firms and driving asset growth onto the platform and wider Credo proposition.
The role is focused on Business Development, combining:
- Face-to-face adviser meetings
- Telephone and virtual engagement
- Hybrid sales activity
You will be supported closely in the early stages, with joint meetings (two-person approach) common—particularly for platform-led conversations—before transitioning into a more autonomous role as you build traction.
Key Responsibilities
- Proactively generate new business opportunities within the adviser and wealth manager market
- Conduct regular face-to-face meetings with advisers across the UK
- Build and execute a targeted business development plan for your region
- Deliver high-quality sales meetings (both individual and joint meetings with senior colleagues)
- Convert pipeline opportunities into funded assets on platform and DFM solutions
- Use CRM (including SaleForce), data tools and AI to manage pipeline and track activity
- Work collaboratively with internal specialists and technical teams where required
- Provide market feedback and insight to support ongoing proposition development
Sales Model
BDMs focus on originating and closing new opportunities. Once business is onboarded, relationships are transitioned to an experienced relationship manager.
Business Development Manager (BDM) in London employer: CREDO
Join a dynamic financial services firm in the heart of London as a Business Development Manager, where you will thrive in a supportive and collaborative work culture. With a focus on employee growth and development, we offer unique opportunities for professional advancement while enjoying the benefits of a hybrid working model. Our commitment to innovation and excellence ensures that you will be part of a team that values your contributions and fosters meaningful relationships within the wealth management sector.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager (BDM) in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the financial services sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Remember, it’s all about building those relationships that can lead to new opportunities.
✨Tip Number 2
Practice your pitch! You’ll want to be ready to showcase your skills and experience when you meet potential clients or employers. Prepare a concise and engaging elevator pitch that highlights your background in wealth management and your passion for business development.
✨Tip Number 3
Follow up after meetings! Whether it’s a face-to-face chat or a virtual call, always send a thank-you email. This not only shows your appreciation but also keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate your interest in working together.
✨Tip Number 4
Apply through our website! We’ve got loads of exciting opportunities waiting for you. By applying directly, you’ll ensure your application gets the attention it deserves. Plus, it’s a great way to show your enthusiasm for joining our team!
We think you need these skills to ace Business Development Manager (BDM) 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 wealth management and any relevant achievements that showcase your ability to generate new business opportunities.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've successfully built relationships with financial advisers or wealth managers in the past.
Showcase Your Sales Skills:Since this role is all about driving asset growth, make sure to emphasise your sales skills. Include metrics or results from previous roles that demonstrate your success in converting leads into funded assets.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. This way, we can easily track your application and get back to you quicker!
How to prepare for a job interview at CREDO
✨Know Your Numbers
As a Business Development Manager, you'll need to demonstrate your understanding of financial metrics and sales figures. Brush up on key performance indicators relevant to wealth management and be ready to discuss how you've successfully driven growth in previous roles.
✨Showcase Your Networking Skills
This role is all about building relationships. Prepare examples of how you've effectively engaged with financial advisers and wealth managers in the past. Highlight any successful partnerships or deals you've closed to show you can hit the ground running.
✨Master the Art of the Pitch
You'll likely have to deliver a sales pitch during your interview. Practice presenting your business development strategies clearly and confidently. Tailor your pitch to the company's offerings, showing how you can add value to their existing proposition.
✨Be Ready for Role-Play Scenarios
Expect some role-play exercises where you'll need to demonstrate your sales techniques. Prepare for scenarios involving face-to-face meetings or virtual engagements. Think about how you'd handle objections and close deals, as this will showcase your practical skills.
