Broker Development Manager - Asset Finance

Broker Development Manager - Asset Finance

Manchester Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Build and maintain relationships with finance brokers while generating new business opportunities.
  • Company: Join a thriving independent provider of Asset Finance during an exciting growth phase.
  • Benefits: Enjoy remote work, competitive salary, uncapped commission, and additional perks.
  • Why this job: Be part of a dynamic team that values strong relationships and offers impactful financial solutions.
  • Qualifications: Proven sales experience in finance, excellent communication skills, and credit proposal writing ability.
  • Other info: Existing broker network is a plus, but not essential; asset finance experience preferred.

The predicted salary is between 36000 - 60000 £ per year.

A fantastic opportunity has arisen for a Business Development Manager / Broker Manager within a successful independent provider of Asset Finance, during an exciting period of growth.

The successful candidate will be responsible for building, developing and maintaining strong working relationships with commercial finance brokers across your territory which encompasses the North East, Yorkshire and the East Midlands.

Working from home you will be responsible for generating new business opportunities from your network and liaising with clients directly to understand their lending proposition and negotiate formal terms. You will also be responsible for writing detailed proposals supporting the proposed lend.

Key Requirements:
  • Proven track record of success within a field based, financial sales role.
  • Comfortable working from home.
  • An existing network of commercial finance brokers is highly desirable, however it is not essential.
  • Previous experience within Asset Finance is preferred.
  • Excellent credit skills and the ability to write detailed proposals.
  • Excellent communication skills.

In return you can expect a competitive basic salary, plus car, uncapped commission and a range of additional benefits.

Broker Development Manager - Asset Finance employer: M2 Professional Recruitment Services Ltd

As a leading independent provider of Asset Finance, we pride ourselves on fostering a dynamic and supportive work culture that empowers our employees to thrive. With the flexibility of working from home, you will enjoy a competitive salary, uncapped commission, and a suite of benefits designed to enhance your professional growth and work-life balance. Join us in the North East, Yorkshire, and East Midlands, where your contributions will be valued, and your career can flourish in an environment that champions innovation and collaboration.
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Contact Detail:

M2 Professional Recruitment Services Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Broker Development Manager - Asset Finance

✨Tip Number 1

Network, network, network! Since this role involves building relationships with commercial finance brokers, make sure to attend industry events and join relevant online forums. This will help you connect with potential brokers and showcase your expertise in asset finance.

✨Tip Number 2

Brush up on your negotiation skills. As you'll be negotiating formal terms with clients, practice articulating your value proposition clearly and confidently. Role-playing scenarios with a friend or mentor can help you prepare for real-life discussions.

✨Tip Number 3

Familiarise yourself with the latest trends in asset finance. Keeping up-to-date with market developments will not only enhance your knowledge but also demonstrate your commitment to the field during interviews. Subscribe to industry newsletters or follow thought leaders on social media.

✨Tip Number 4

Prepare to discuss your previous successes in financial sales. Be ready to share specific examples of how you've generated new business and maintained client relationships. This will help you stand out as a candidate who can deliver results in this role.

We think you need these skills to ace Broker Development Manager - Asset Finance

Business Development
Relationship Management
Sales Skills
Negotiation Skills
Proposal Writing
Credit Analysis
Networking
Communication Skills
Market Knowledge
Self-Motivation
Time Management
Problem-Solving Skills
Adaptability
Financial Acumen

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Broker Development Manager in Asset Finance. Tailor your application to highlight relevant experience and skills that align with the job description.

Highlight Relevant Experience: In your CV and cover letter, emphasise your proven track record in financial sales and any experience you have with asset finance. Use specific examples to demonstrate your success in building relationships with brokers and generating new business.

Craft a Strong Proposal: Since writing detailed proposals is a key part of the role, include a brief example of a successful proposal you've written in the past. This will showcase your ability to negotiate terms and understand lending propositions.

Polish Your Communication Skills: Given the importance of excellent communication skills for this position, ensure your application is well-written and free of errors. Consider asking someone to review your documents for clarity and professionalism before submitting.

How to prepare for a job interview at M2 Professional Recruitment Services Ltd

✨Showcase Your Network

Since the role involves building relationships with commercial finance brokers, be prepared to discuss your existing network. Even if you don't have a vast network, demonstrate your ability to connect and build rapport with potential clients.

✨Demonstrate Your Sales Success

Prepare specific examples of your past successes in financial sales roles. Highlight how you generated new business opportunities and the strategies you used to close deals, as this will show your capability in a similar position.

✨Understand Asset Finance

Brush up on your knowledge of asset finance before the interview. Be ready to discuss current trends in the industry and how they might impact your approach to generating business, as this will demonstrate your expertise and commitment.

✨Prepare Detailed Proposals

Since writing detailed proposals is part of the job, practice articulating how you would approach this task. Be ready to discuss your process for understanding client needs and how you would tailor proposals to meet those needs effectively.

Broker Development Manager - Asset Finance
M2 Professional Recruitment Services Ltd
Location: Manchester
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