At a Glance
- Tasks: Drive business growth by building relationships and managing loan applications.
- Company: Join a dynamic London-based lender focused on bridging finance.
- Benefits: Enjoy a collaborative work environment with opportunities for networking and professional growth.
- Why this job: Be part of a team that values exceptional customer service and relationship building in finance.
- Qualifications: Experience in sales and lending, with a solid understanding of the bridging finance industry.
- Other info: Attend industry events to expand your network and enhance your career.
The predicted salary is between 43200 - 72000 £ per year.
Business Development Manager
London
Bridging Finance
We are working with a London based lender, who are currently looking for a relationship driven, highly motivated person to join the business. Someone that is committed to providing exceptional customer service to their network of brokers and clients.
You must have /be:
- A good understanding of the Bridging Finance Industry.
- Sales and lending experience within the financial services sector.
- Proven experience of working within the bridging sector
- A good network of brokers and introducers.
- Able to generate leads and build new relationships with brokers and clients.
- Excellent communication and interpersonal skills.
- Able to analyse and present financial information to show why a case is worth considering
- Able to prioritise workload and manage loan pipeline.
Responsibilities:
- Origination of bridging loan applications and supporting the underwriting team in what would be required to successful completion.
- Assessment of each loan application against lending criteria.
- Proactively seek new business opportunities.
- Develop and nurture broker and client relationships to gage the needs of their requirements and developing proposals to address these needs.
- Enhancing all relationships by meeting them (where required) and discussing new cases.
- Attending events and industry functions as needed.
- Possessing a strong understanding of our offering, the competition in the industry and positioning.
- Work on own initiative to identify new target markets.
- Work with the underwriting team to develop proposals showing requirements, concerns and objectives.
- Identify growth opportunities / strategies for campaigns and new channels of distribution that will lead to market share.
Business Development Manager employer: KFS Recruitment
Contact Detail:
KFS Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Network actively within the bridging finance industry. Attend industry events, seminars, and networking functions to meet potential brokers and clients. Building relationships in person can significantly enhance your chances of landing this role.
✨Tip Number 2
Stay updated on the latest trends and developments in the bridging finance sector. This knowledge will not only help you in conversations but also demonstrate your commitment and expertise during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully generated leads and built relationships in your previous roles. Highlighting your past achievements will show that you have the skills needed for this position.
✨Tip Number 4
Familiarize yourself with the company's offerings and their competitors. Understanding what sets them apart will allow you to tailor your approach and demonstrate how you can contribute to their growth.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Business Development Manager position. Highlight key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to emphasize your sales and lending experience within the financial services sector. Include specific examples of your work in the bridging finance industry and any relevant achievements.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the bridging finance industry and your ability to build relationships with brokers and clients. Use this opportunity to demonstrate your communication skills and customer service commitment.
Highlight Your Network: In your application, mention your existing network of brokers and introducers. Explain how you can leverage these relationships to generate leads and drive new business opportunities for the company.
How to prepare for a job interview at KFS Recruitment
✨Show Your Industry Knowledge
Make sure to demonstrate your understanding of the Bridging Finance industry during the interview. Be prepared to discuss current trends, challenges, and opportunities within the sector, as well as how your experience aligns with these aspects.
✨Highlight Your Relationship-Building Skills
Since the role emphasizes relationship management, share specific examples of how you've successfully built and maintained relationships with brokers and clients in the past. This will showcase your ability to nurture connections that are vital for business development.
✨Prepare for Financial Analysis Questions
Expect questions that assess your ability to analyze and present financial information. Brush up on key metrics and be ready to explain how you would evaluate a loan application against lending criteria, demonstrating your analytical skills.
✨Demonstrate Proactivity
The company is looking for someone who can proactively seek new business opportunities. Prepare to discuss strategies you've used in the past to generate leads and how you plan to identify new target markets for their services.