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For Companies At a Glance
- Tasks: Drive client acquisition and revenue growth while managing relationships and marketing strategies.
- Company: Join a leading financial institution focused on innovation and client success.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and development.
- Why this job: Be part of a growing team that values your input and fosters a culture of collaboration.
- Qualifications: 3+ years in banking or finance, with a proven sales track record and strong interpersonal skills.
- Other info: This role offers hands-on involvement in shaping business direction and client engagement.
The predicted salary is between 43200 - 72000 £ per year.
Meraki Talent is delighted to be partnering with a leading financial institution to appoint a Business Development Manager within their Transaction Banking division. This is an excellent opportunity to join a growing team and play a pivotal role in delivering commercial success through client acquisition, strategic marketing, and relationship management.
Key Responsibilities
- Drive revenue growth through new client acquisition and delivery of key performance targets
- Conduct market research to identify and pursue high-potential business sectors
- Design and implement marketing strategies and campaigns to support business development
- Build and maintain strong relationships with clients, third parties, and internal stakeholders
- Ensure full compliance with internal policies and UK regulatory requirements, including Treating Customers Fairly (TCF) and Consumer Duty
- Contribute to product development initiatives to meet evolving client needs
- Develop and execute client engagement and retention strategies to optimise satisfaction and loyalty
Experience & Skills
- Minimum 3 years’ experience in a similar role within Transactional, Retail or Commercial Banking, or the NBFI sector
- Demonstrable track record of meeting or exceeding sales targets and increasing share of wallet
- Highly organised with a structured, methodical approach to planning and delivery
- Strong interpersonal skills with the ability to influence and engage stakeholders effectively
- Solid understanding of FX, payments, and savings products, as well as UK compliance, AML, and risk management frameworks
This is a fantastic opportunity to join an ambitious and growing organisation, with hands-on involvement in shaping the day-to-day direction of the business.
Relationship Manager employer: Meraki Talent
Contact Detail:
Meraki Talent Recruiting Team
Nick.Nikitin@merakitalent.com
StudySmarter Expert Advice 🤫
We think this is how you could land Relationship Manager
✨Tip Number 1
Network with professionals in the financial sector, especially those who work in Transaction Banking. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Research the specific financial institution you're applying to. Understand their products, services, and market position. This knowledge will help you tailor your conversations and demonstrate your genuine interest during interviews.
✨Tip Number 3
Prepare to discuss your previous successes in client acquisition and relationship management. Have specific examples ready that showcase your ability to meet sales targets and build strong client relationships.
✨Tip Number 4
Familiarise yourself with UK regulatory requirements relevant to the role, such as AML and Consumer Duty. Being knowledgeable about compliance will show your commitment to ethical practices and enhance your credibility as a candidate.
We think you need these skills to ace Relationship Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in transactional, retail, or commercial banking. Emphasise your track record of meeting sales targets and your understanding of FX, payments, and savings products.
Craft a Compelling Cover Letter: Write a cover letter that showcases your interpersonal skills and ability to build relationships. Mention specific examples of how you've successfully engaged clients and contributed to business development in previous roles.
Highlight Compliance Knowledge: Since compliance is crucial for this role, ensure you mention your familiarity with UK regulatory requirements, including Treating Customers Fairly (TCF) and Consumer Duty, as well as AML and risk management frameworks.
Showcase Market Research Skills: Demonstrate your ability to conduct market research by providing examples of how you've identified high-potential business sectors in the past. This will show your proactive approach to driving revenue growth.
How to prepare for a job interview at Meraki Talent
✨Research the Company
Before your interview, make sure to thoroughly research the financial institution. Understand their values, recent developments, and how they position themselves in the market. This knowledge will help you tailor your responses and demonstrate your genuine interest in the role.
✨Prepare for Behavioural Questions
Expect questions that assess your past experiences, particularly in client acquisition and relationship management. Use the STAR method (Situation, Task, Action, Result) to structure your answers, showcasing your achievements and how you've met or exceeded sales targets in previous roles.
✨Showcase Your Interpersonal Skills
As a Relationship Manager, strong interpersonal skills are crucial. Be prepared to discuss how you've effectively engaged with clients and stakeholders in the past. Provide examples of how you've influenced decisions and built lasting relationships.
✨Understand Compliance and Regulatory Requirements
Familiarise yourself with UK compliance, AML, and risk management frameworks relevant to the banking sector. Be ready to discuss how you ensure compliance in your work and how it impacts client satisfaction and loyalty.
