At a Glance
- Tasks: Build relationships with mortgage brokers and support them in meeting customer needs.
- Company: Join Lloyds Banking Group, a leader in financial services with a focus on diversity.
- Benefits: Enjoy a competitive salary, generous pension, 30 days holiday, and flexible working options.
- Other info: Inclusive workplace with opportunities for growth and a commitment to diversity.
- Why this job: Make a real impact in the buy-to-let mortgage market while developing your career.
- Qualifications: Strong relationship management skills and knowledge of the buy-to-let mortgage landscape.
The predicted salary is between 61344 - 68160 £ per year.
We have an exciting opportunity for a Business Development Manager to join BM Solutions as part of our Intermediaries team. Intermediaries is a diverse team who educate and support mortgage brokers and financial advisors to meet customer needs with Buy To Let mortgage products. The environment is rewarding and fast paced as we set ourselves high standards and your ability to build relationships will be very important.
As a Business Development Manager, you'll be the face of LBG in the Intermediary Market and will work with both internal and external partners to deliver ambitious targets. You'll be required to build and maintain strong external relationships within a well-established territory.
We'll encourage you to collaborate with key partners to develop business opportunities for increased income and growth. Building and strengthening existing relationships as well as developing new ones, you will educate and support your brokers to help them meet the needs of their clients.
We would expect you to have significant knowledge of the Private rental sector and experience working as a BDM in the Buy to let/specialist lending market would be advantageous.
Location & Ways of working: We are exploring candidates across England for this role. Travel across the country would be required. Our Business Development Managers are expected to work flexibly, splitting most of their time between 'on the road' meeting clients face to face and working from home.
Some of the Activities you'll be involved in are:
- Deliver specialised support and service for both new and existing accounts and respond to complex customer enquiries.
- Manage an established territory providing you with a tremendous opportunity to get results and hit ambitious targets in this exciting sector.
- Build collaborative relationships with mortgage intermediary partners.
- Carry out a variety of broker appointments and develop business both virtually and face to face.
- Build your knowledge from our existing expertise in the BTL mortgage market and develop your role to become a key asset within our regional team.
- Keep track of risks within the intermediary mortgage market and your broker panel; educate intermediaries in how to identify and overcome existing and emerging risks and manage any breaches.
About us: Join us and, as well as making a difference to customers, you’ll enjoy a fulfilling career where you’re free to be yourself. Great colleagues, transforming workspaces, hybrid working and a wide variety of career opportunities – you’ll find them all here.
What you’ll need:
- Strong business development and/or relationship management skills, preferably within an intermediated environment.
- A strong understanding of the buy to let mortgage market landscape covering regulatory, technical and legislative changes and opportunities.
- Experience of working in financial services, preferably an area focused on mortgages.
- Ability to read, understand and use Management Information efficiently to help you co-ordinate & prioritise your workload.
- Excellent presentation and communication skills including both face to face, telephone and in virtual environments.
- In depth understanding of risk, compliance and regulatory changes & opportunities.
- Ideally, a CeMap Qualification (or working towards) would be beneficial.
About working for us: Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture.
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. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.
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.
If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.
At Lloyds Banking Group, we're 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.
Business Development Manager Intermediaries in Birmingham employer: Lloyds Bank
At Lloyds Banking Group, we pride ourselves on being an exceptional employer, offering a dynamic work environment that champions flexibility and inclusivity. As a Business Development Manager in the Intermediaries team, you'll benefit from a generous benefits package, including a substantial pension contribution and ample holiday, while enjoying opportunities for professional growth and development within a supportive culture that values diversity and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager Intermediaries in Birmingham
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships is key in business development.
✨Tip Number 2
Practice your pitch! You’ll need to communicate your value clearly and confidently. Role-play with friends or family to refine your approach. Make sure you can explain how you can help brokers meet their clients' needs effectively.
✨Tip Number 3
Stay updated on market trends! Knowledge is power, especially in the buy-to-let sector. Follow relevant news, subscribe to industry newsletters, and engage with thought leaders to keep your insights sharp.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Lloyds Banking Group. Don’t miss out on this opportunity!
We think you need these skills to ace Business Development Manager Intermediaries in Birmingham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in the buy-to-let mortgage market and any relevant relationship management skills. We want to see how you can bring value to our Intermediaries team!
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 aligns with our goals at StudySmarter. Don’t forget to mention your understanding of the private rental sector!
Showcase Your Achievements:When detailing your work experience, focus on specific achievements that demonstrate your business development skills. Numbers speak volumes, so if you've hit targets or grown accounts, let us know how you did it!
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Lloyds Bank
✨Know Your Market
Before the interview, make sure you brush up on your knowledge of the buy-to-let mortgage market. Understand the latest regulatory changes and how they impact brokers. This will not only show your expertise but also demonstrate your commitment to staying informed.
✨Build Rapport
As a Business Development Manager, relationship-building is key. Practice your interpersonal skills before the interview. Think of ways to connect with the interviewer, perhaps by discussing shared interests or experiences in the financial services sector.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations with brokers or clients. Prepare examples from your past experience where you've successfully navigated challenges or built strong relationships. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Flexibility
Since this role involves a lot of travel and flexible working, be ready to discuss how you manage your time and adapt to different environments. Share examples of how you've successfully balanced remote work with face-to-face meetings in previous roles.