At a Glance
- Tasks: Build relationships and support mortgage brokers in the Buy To Let market.
- Company: Join BM Solutions, a dynamic team within LBG focused on intermediaries.
- Benefits: Competitive salary, professional development, and a fast-paced work environment.
- Other info: Opportunity for growth and collaboration with key industry partners.
- Why this job: Make a real impact in the mortgage sector while developing your career.
- Qualifications: Strong relationship management skills and knowledge of the mortgage market.
The predicted salary is between 45000 - 55000 £ per year.
Requirements
- 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.
- (Desirable) A CeMap Qualification (or working towards) would be beneficial.
What the job involves
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, 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. You’ll deliver specialised support and service for both new and existing accounts and respond to complex customer enquiries. Managing an established territory, the role would provide you with a tremendous opportunity to get results and hit ambitious targets in this exciting sector. You'll build collaborative relationships with mortgage intermediary partners.
We'll expect you to carry out a variety of broker appointments and develop business both virtually and face to face. You’ll have the opportunity to build your knowledge from our existing expertise in the BTL mortgage market and you’ll be encouraged to develop your role to become a key asset within our regional team. It’ll be important to 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.
Business Development Manager (Intermediaries) in Birmingham employer: Lloyd's
BM Solutions is an exceptional employer that fosters a dynamic and supportive work culture, particularly for the role of Business Development Manager within the Intermediaries team. With a focus on professional growth, employees are encouraged to develop their skills in the fast-paced buy-to-let mortgage market while building meaningful relationships with brokers and financial advisors. The company offers a collaborative environment where your contributions directly impact business success, making it a rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager (Intermediaries) in Birmingham
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Building relationships is key in business development, so let’s make those connections count!
✨Show Off Your Knowledge
When you get the chance to chat with brokers or financial advisors, make sure to showcase your understanding of the buy-to-let mortgage market. Share insights on regulatory changes and how they can impact their business. This will position you as a valuable resource and help build trust.
✨Practice Your Pitch
Whether it’s face-to-face or virtual, having a solid pitch is crucial. Practice your presentation skills until you can deliver them confidently. Tailor your message to highlight how you can help brokers meet their clients' needs, and don’t forget to ask for feedback to improve!
✨Apply Through Our Website
If you’re keen on joining our team, make sure to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to engage with us directly.
We think you need these skills to ace Business Development Manager (Intermediaries) in Birmingham
Some tips for your application 🫡
Show Off Your Skills:Make sure to highlight your strong business development and relationship management skills in your application. We want to see how your experience aligns with the intermediated environment, especially in the buy to let mortgage market.
Know Your Stuff:Demonstrate your understanding of the regulatory, technical, and legislative changes in the mortgage landscape. This will show us that you’re not just familiar with the market but also ready to tackle its challenges head-on.
Be Clear and Concise:When writing your application, keep it clear and to the point. Use Management Information effectively to showcase how you prioritise your workload. We appreciate a well-structured application that’s easy to read!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity with BM Solutions.
How to prepare for a job interview at Lloyd's
✨Know Your Market
Make sure you brush up on the buy to let mortgage market landscape. Understand the latest regulatory, technical, and legislative changes. This knowledge will not only impress your interviewers but also show that you're proactive and well-prepared.
✨Showcase Your Relationship Skills
Since this role is all about building relationships, be ready to share examples of how you've successfully managed client relationships in the past. Use specific instances where you’ve turned a challenging situation into a positive outcome to highlight your skills.
✨Master the Numbers
Familiarise yourself with Management Information (MI) relevant to the role. Be prepared to discuss how you’ve used MI to prioritise workloads or drive business decisions. This will demonstrate your analytical skills and ability to make data-driven decisions.
✨Practice Your Presentation Skills
Given the importance of communication in this role, practice your presentation skills. Whether it’s face-to-face or virtual, ensure you can convey your ideas clearly and confidently. Consider doing mock interviews with friends or colleagues to refine your delivery.
