At a Glance
- Tasks: Drive income growth by establishing partnerships and promoting Trust and Estate services.
- Company: Join Lloyds Banking Group, a leader in diversity and inclusion with 320 years of experience.
- Benefits: Enjoy flexible working, generous pension contributions, 30 days holiday, and wellbeing initiatives.
- Why this job: Be part of a dynamic team shaping the future of finance while making a positive impact.
- Qualifications: Strong communication skills, business development experience, and knowledge of Trust services required.
- Other info: We support diverse applicants and provide reasonable adjustments throughout the recruitment process.
The predicted salary is between 60743 - 68808 £ per year.
We support flexible working – click here for more information on flexible working options.
Job Description Summary:
We are looking for an energised, ambitious individual who is passionate about what we do and eager to support the growth of the UKTC business. The purpose of the Trust BDM is to drive incremental income growth for Mass Affluent and Private Banking by establishing partnerships with firms whereby we can offer our Trust and Estate services to their colleagues and/or customers. The role of the Business Development Managers will be to partner with either internal or external businesses to assess and prioritise opportunities for growth and raise awareness of what we do and the wider Mass Affluent and Private Banking propositions.
Trust is an established team, but growing, so in the early days you may need to support activity across the entire team; this could include building out corporate pitch materials to support the team win new business and developing the MI to track impact and progress. We are looking for someone who is passionate about customers and growing the UKTC business. You would need to enjoy working in a start-up mindset with high ambiguity and fast pace.
We are looking for people who have:
- Excellent communication and interpersonal skills.
- Ability to analyse MI and data to inform future direction of travel / decision making.
- Problem solving, you’ll be quick to understand what needs doing and find the right way to get it done.
- A good knowledge of Trust and Fiduciary Services.
- Can operate independently and is able to prioritise what matters.
- Ability to simplify and present complex ideas to gain understanding and commitment.
- Flexible, reliable and adaptable to working in a changing environment.
- Experience in a business development role previously.
About working for us:
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
We also offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%.
- An annual bonus award, subject to Group performance.
- Share schemes including free shares.
- Benefits you can adapt to your lifestyle, such as discounted shopping.
- 30 days’ holiday, with bank holidays on top.
- A range of wellbeing initiatives and generous parental leave policies.
Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more!
At Lloyds Banking Group, we are driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.
We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
With 320 years under our belt, we’re used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you’ll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.
Business Development Manager - Mass Affluent employer: Lloyds Bank plc
Contact Detail:
Lloyds Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - Mass Affluent
✨Tip Number 1
Familiarise yourself with the Mass Affluent and Private Banking sectors. Understanding the specific needs and challenges of this market will help you engage more effectively with potential partners and clients.
✨Tip Number 2
Network actively within the Trust and Fiduciary Services community. Attend industry events, webinars, or local meetups to connect with professionals who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Prepare to demonstrate your problem-solving skills in real-time scenarios. During interviews, be ready to discuss past experiences where you successfully identified issues and implemented effective solutions.
✨Tip Number 4
Showcase your ability to simplify complex ideas. Practice explaining intricate concepts related to Trust and Estate services in a clear and concise manner, as this will be crucial in gaining commitment from stakeholders.
We think you need these skills to ace Business Development Manager - Mass Affluent
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly in the financial services sector. Emphasise your communication skills and any previous roles where you successfully established partnerships.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and the company. Mention specific examples of how you've driven growth in previous positions and how your skills align with the requirements listed in the job description.
Showcase Analytical Skills: Since the role requires analysing MI and data, include examples in your application that demonstrate your ability to interpret data and make informed decisions. This could be through past projects or achievements.
Highlight Adaptability: Given the fast-paced and ambiguous nature of the role, illustrate your adaptability in your application. Share experiences where you've thrived in changing environments or taken on new challenges successfully.
How to prepare for a job interview at Lloyds Bank plc
✨Show Your Passion for Business Development
Make sure to express your enthusiasm for business development and how it aligns with the goals of the company. Share specific examples of how you've successfully driven growth in previous roles, particularly in a fast-paced or ambiguous environment.
✨Demonstrate Your Analytical Skills
Prepare to discuss how you analyse management information (MI) and data to inform decision-making. Bring examples of how your analytical skills have led to successful outcomes in past projects, especially in relation to Trust and Fiduciary Services.
✨Communicate Clearly and Effectively
Since excellent communication is key for this role, practice simplifying complex ideas into clear messages. Be ready to showcase your interpersonal skills by engaging with the interviewer and asking insightful questions about the company's vision and values.
✨Be Ready for Problem-Solving Scenarios
Expect to face hypothetical scenarios during the interview that require quick thinking and problem-solving. Prepare by thinking through potential challenges in business development and how you would approach them, demonstrating your ability to prioritise effectively.