At a Glance
- Tasks: Drive new business opportunities and build strong client relationships in the financial sector.
- Company: Join a leading firm in wealth management with a focus on collaboration and growth.
- Benefits: Competitive salary, commission structure, and flexible hybrid work environment.
- Other info: Dynamic team culture with opportunities for professional development and growth.
- Why this job: Make a real impact in the financial industry while developing your career.
- Qualifications: 10+ years in UK financial services with strong sales and relationship management skills.
The predicted salary is between 57000 - 84333 £ per year.
Role Overview
You will be a key member of the sales team with a focus on developing new business opportunities in the North East of England with new and existing financial advice and wealth management clients. Your primary focus will be growing the level of funds under management within our range of managed portfolios, multi‑asset funds and wealth platform. Your role will incorporate building meaningful, trust‑based, consultative relationships with existing and prospective clients.
Responsibilities
- Identify, generate and qualify new business leads.
- Support the business in planning and delivering on targets.
- Grow the level of funds under management by developing new and existing relationships.
- Assist in preparation of presentation materials and deliver them internally and externally.
- Schedule, prepare and deliver training sessions with intermediary clients.
- Ensure delivery of proposals and marketing documents to prospective clients.
- Monitor and understand the position of our competitors and market trends to strategically develop our business.
- Build trusted and credible relationships with other teams within the business to ensure we exceed client expectations.
- Ensure integrity and firm culture by adhering to risk and compliance policies.
- Attendance at sales meetings.
Requirements
- Proven track record of investment/platform sales.
- Confident telephone manner.
- Excellent relationship management skills.
- Must be organized and have good attention to detail.
- Excellent team player who can communicate effectively.
- Minimum 10 years’ experience in UK financial services sector.
- Strong IT skills (Excel, CRM systems).
- Highly passionate, proactive, hands‑on and hardworking.
- Used to working in a fast‑paced, dynamic environment and able to adapt to change.
- Ability to work and deliver to tight deadlines.
Compensation
Base salary compensation range GBP 57,000.00–84,333.33. Commission target: 75% annual. This role offers a commission target that may vary by up to ±15% depending on final plan design and business factors. We expect the compensation and target bonus for this role to fall within the stated range. The specific compensation offered will depend on the candidate’s qualifications, experience and other job‑related factors.
Work Environment
Morningstar’s hybrid work environment offers the opportunity to collaborate in‑person each week. In most locations, the hybrid model is four days in‑office each week. A range of benefits is also available to enhance flexibility as needs change.
Business Development Manager in City of Westminster employer: Morningstar, Inc.
As a Business Development Manager at our company, you will thrive in a dynamic and supportive work environment that prioritises employee growth and collaboration. With a strong focus on building meaningful relationships and a commitment to excellence, we offer competitive compensation, a hybrid work model, and a range of benefits designed to enhance your work-life balance. Join us in the North East of England, where your contributions will directly impact our success and the financial well-being of our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Business Development Manager in City of Westminster
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We think you need these skills to ace Business Development Manager in City of Westminster
Some tips for your application 🫡
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How to prepare for a job interview at Morningstar, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Morningstar, Inc..
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✨Network with Industry Professionals
Before your interview, reach out to current or former Morningstar, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
