At a Glance
- Tasks: Build relationships with mortgage brokers and support them in meeting client needs.
- Company: Join a leading financial services provider focused on inclusivity and diversity.
- Benefits: Generous pension, annual bonus, 30 days holiday, and lifestyle benefits.
- Other info: Flexible working with travel across England and excellent career growth opportunities.
- Why this job: Make a real impact in the fast-paced mortgage market while developing your career.
- Qualifications: Strong relationship management skills and knowledge of the buy-to-let market.
The predicted salary is between 40000 - 50000 £ per year.
LOCATION(S): Nationwide (England)
HOURS: Full time
WORKING PATTERN: Field based role with a requirement of spending 80% of time in your patch with Brokers. Applicants considered across the country.
About this opportunity
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 & 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 and educating and supporting 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 and achieve 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 knowledge from our existing expertise in the BTL mortgage market and develop your role to become a key asset within our regional team.
- Track risks within the intermediary mortgage market and your broker panel; educate intermediaries on how to identify and overcome existing and emerging risks and manage any breaches.
What you'll need
- Strong business development and/or relationship management skills, preferably within an intermediary 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 are disability confident. If you'd like reasonable adjustments to be made to our recruitment processes, just let us know.
Benefits
- 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.
We'd love to hear from you.
Business Development Manager Intermediaries in West Bromwich employer: Lloyds Banking Group
BM Solutions is an exceptional employer that prioritises inclusivity and employee growth, making it a fantastic place for a Business Development Manager in the Intermediaries team. With a focus on building strong relationships within the mortgage sector, employees benefit from a generous pension scheme, flexible working arrangements, and a supportive work culture that encourages collaboration and personal development. The company also offers a range of wellbeing initiatives and competitive holiday allowances, ensuring that staff can thrive both professionally and personally.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager Intermediaries in West Bromwich
✨Tip Number 1
Get out there and network! Attend industry events, meet-ups, or even local coffee mornings. Building relationships face-to-face is key in the business development world, especially when you're looking to connect with brokers.
✨Tip Number 2
Don’t underestimate the power of social media. Use platforms like LinkedIn to showcase your expertise in the buy-to-let market. Share insights, engage with posts, and connect with potential partners to keep your name top of mind.
✨Tip Number 3
Practice your pitch! Whether it’s a casual chat or a formal meeting, being able to clearly communicate your value proposition is crucial. Role-play with a friend or record yourself to refine your delivery.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest opportunities tailored for you. Don’t miss out on your chance to shine!
We think you need these skills to ace Business Development Manager Intermediaries in West Bromwich
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 achievements that showcase your relationship management skills.
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 built relationships with brokers and achieved targets in previous roles. Make it personal and engaging!
Showcase Your Knowledge:Demonstrate your understanding of the private rental sector and any recent regulatory changes. This will show us that you’re not just applying for any job, but that you’re genuinely interested in the industry and ready to hit the ground running.
Apply Through Our Website:We encourage you to apply 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 us!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Market
Before the interview, brush up on your knowledge of the buy-to-let mortgage market. Understand the latest regulatory changes and how they impact brokers. This will show that you're not just familiar with the role but also passionate about the industry.
✨Build Rapport
Since relationship management is key for this role, practice building rapport during your interview. Use examples from your past experiences where you successfully developed relationships with brokers or clients. This will demonstrate your ability to connect with others.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills and ability to handle complex customer enquiries. Prepare by thinking of specific situations where you overcame challenges in business development or broker support.
✨Showcase Your Communication Skills
As a Business Development Manager, you'll need excellent communication skills. During the interview, focus on articulating your thoughts clearly and confidently. Consider practicing with a friend or mentor to refine your presentation style.
