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For Companies At a Glance
- Tasks: Drive new business growth and build strong relationships with brokers and accountants.
- Company: Leading independent provider of commercial finance experiencing exciting growth.
- Benefits: Competitive salary, uncapped commission, and a range of additional perks.
- Why this job: Join a dynamic team and make a real impact in the finance sector.
- Qualifications: Strong communication skills and experience in business development or lending.
- Other info: Opportunity for career advancement in a fast-paced environment.
The predicted salary is between 36000 - 60000 £ per year.
An excellent opportunity has arisen for an experienced Business Development Manager within a leading independent provider of commercial finance, during an exciting period of growth.
Key Responsibilities
- Maximise new business generation and completion.
- Development and maintenance of relationships with potential introducers including Brokers & Accountants.
- Maintain high level of awareness of the market environment & intelligence.
- Manage workload between BD and new client completions.
- Assessment of inbound referrals, including facility structuring, on- and off-site DD, preparation for & presentation to credit.
- Oversee all aspects of new client completions, including legal and CP compliance.
- Project STP and the wider Seneca brand professionally at all times.
Key Requirements
- Excellent communication skills.
- Maintain a high standard of professional contact with colleagues, prospective and live clients, and other internal and external connections via face-to-face meetings, phone calls, and email and other written communications.
- Ability to build strong, lasting relationships.
- Establish and maintain rapport with introducers, colleagues, and other stakeholders.
- Commercial Awareness.
- Ability to keep up to date with business and market trends.
- Proactively seek new business via various channels, contribute to team marketing and other development discussions, seek commitment from prospective introducers and clients according to agreed terms of reference.
- Experience in a lending or other working capital commercial environment; track record of new business acquisition; working knowledge of account and/or facility operation and associated legal frameworks; working grasp of SME business operation and financial reporting/management.
In return you can expect a competitive basic salary, an excellent uncapped commission structure and a good range of additional benefits.
Business Development Manager - Stock Finance employer: M2 Professional Recruitment Services Ltd
Contact Detail:
M2 Professional Recruitment Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager - Stock Finance
✨Tip Number 1
Network like a pro! Get out there and connect with people in the finance industry. Attend events, join online forums, and don’t be shy about reaching out to potential introducers like brokers and accountants. Building those relationships can open doors for new business opportunities.
✨Tip Number 2
Stay sharp on market trends! Keep an eye on what's happening in the commercial finance world. This knowledge will not only help you in conversations but also show potential clients that you're on top of your game. Plus, it’ll give you some great talking points during meetings!
✨Tip Number 3
Practice your pitch! Whether it's face-to-face or over the phone, being able to present your ideas clearly and confidently is key. Role-play with a friend or record yourself to refine your delivery. The better you communicate, the more likely you are to win over clients.
✨Tip Number 4
Apply through our website! We’re always on the lookout for talented individuals like you. By applying directly, you’ll get a chance to showcase your skills and experience in a way that stands out. Don’t miss out on the opportunity to join our growing team!
We think you need these skills to ace Business Development Manager - Stock Finance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in commercial finance and any relevant achievements that showcase your ability to generate new business and build relationships.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use it to demonstrate your understanding of the market environment and how your skills align with our needs at StudySmarter.
Showcase Your Communication Skills: Since excellent communication is key, make sure your written application reflects this. Keep your language clear and professional, and don’t forget to proofread for any typos or errors!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role as quickly as possible!
How to prepare for a job interview at M2 Professional Recruitment Services Ltd
✨Know Your Market
Before the interview, make sure you’re up to speed with the latest trends in commercial finance. Research the company’s position in the market and be ready to discuss how you can contribute to their growth. This shows that you’re proactive and genuinely interested in the role.
✨Build Rapport
Since relationship-building is key for a Business Development Manager, practice your interpersonal skills. During the interview, engage with your interviewers by asking insightful questions about their experiences and the company culture. This will help you establish a connection and demonstrate your ability to build relationships.
✨Showcase Your Successes
Prepare specific examples of your past achievements in business development. Use the STAR method (Situation, Task, Action, Result) to structure your responses. Highlight how you’ve successfully generated new business or maintained client relationships, as this aligns perfectly with the job requirements.
✨Be Ready for Technical Questions
Expect questions related to facility structuring and compliance. Brush up on your knowledge of lending frameworks and financial reporting. Being able to discuss these topics confidently will show that you have the necessary expertise for the role and can handle the responsibilities effectively.
