At a Glance
- Tasks: Drive business growth by sourcing and marketing Buy to Let Mortgages while ensuring excellent customer experiences.
- Company: Join an international bank located in the heart of London, known for its innovative financial solutions.
- Benefits: Enjoy competitive pay, networking opportunities, and a vibrant work culture with potential for remote work.
- Why this job: Be part of a dynamic team that values relationship building and offers a chance to make a real impact.
- Qualifications: Experience in retail lending products and strong relationship management skills are essential.
- Other info: Flexibility in working hours for networking events is encouraged to enhance brand visibility.
The predicted salary is between 43200 - 72000 £ per year.
We are inviting applications for a Relationship Manager position for an international Bank based in the city of London. This position involves working closely with senior management and broker and introducer channels in the market.
Job Role:
- To augment the retail business of the bank by sourcing and marketing Retail Products, predominantly Buy to Let (BTL) Mortgages while ensuring a seamless end-to-end customer experience.
- Pursuit of new business opportunities through appropriate networking channels and by promoting customer/community awareness of the Bank's products and services.
- In-depth experience of Retail lending products such as Buy to Let Mortgages & commercial lending.
Job Responsibilities:
- To deliver superior service to the brokers or customers and to persuade them to place their business with the Bank.
- To self-generate appropriate new business for the targeted market.
- To be responsible for achieving established individual and Bank targets through active involvement/participation in sales management in conjunction with Head Intermediary Relations.
- To establish and maintain relationships with brokers while keeping them apprised of our products and lending criteria.
- To communicate the salient features of our products and ensure that our criteria is understood by them.
- To arrange and attend business meetings and other business/social events to promote brand awareness and identify and target new sales opportunities.
- To undertake networking activities (during and outside of normal working hours/days) to promote the brand by building excellent working relationships with Brokers, Networks and other stakeholders.
- To act as key account manager to mortgage brokers/networks where appropriate.
- To ensure compliance with all Bank policies, procedures and to keep up to date with policies and relevant regulatory guidelines and issues.
- To efficiently manage the business pipeline by appropriately diarising and following up on leads.
- Appropriate and effective administration, monitoring, reporting, communication and liaison.
- To set and manage the expectations of the broker/customer to explore the possibility of repeat business from clients.
- To support brokers in keying of cases and ensure quality business is placed with us.
- To introduce new brokers and Networks to the Bank to help capture a bigger share of the market.
- To undertake any other responsibilities as delegated by the line managers.
Qualifications:
- Proven strong relationship management and business development capability.
- Track record for exceeding varied targets.
- Familiar with the mortgage marketplace, with a proven record of building and maintaining such a customer base.
- Considerable experience of building a client base using internal and external networks.
- Liaise with other stakeholders including Products, Underwriting, Intermediary business delivery, Credit Admin etc.
- Understanding of the impact of the regulatory environment on the Business.
Business Development Manager -Buy to Let & Mortgages employer: Quantum Group
Contact Detail:
Quantum Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager -Buy to Let & Mortgages
✨Tip Number 1
Networking is key in the finance industry, especially for a role like this. Attend industry events, join relevant online forums, and connect with professionals on LinkedIn to build relationships that could lead to referrals or insights about the position.
✨Tip Number 2
Familiarise yourself with the latest trends in Buy to Let mortgages and retail lending products. Being knowledgeable about current market conditions and regulatory changes will help you stand out during interviews and discussions with potential employers.
✨Tip Number 3
Consider reaching out to current or former employees of the bank to gain insights into their culture and expectations. This can provide you with valuable information that can help tailor your approach when applying for the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully built and maintained client relationships in the past. Highlighting your achievements in business development will demonstrate your capability and fit for the role.
We think you need these skills to ace Business Development Manager -Buy to Let & Mortgages
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with retail lending products, particularly Buy to Let Mortgages. Use specific examples of how you've successfully managed relationships with brokers and achieved sales targets.
Craft a Compelling Cover Letter: In your cover letter, emphasise your relationship management skills and your ability to generate new business. Mention any relevant networking activities you've undertaken and how they contributed to your previous successes.
Showcase Your Knowledge: Demonstrate your understanding of the mortgage marketplace in your application. Discuss current trends or regulatory changes that could impact the business, showing that you are well-informed and proactive.
Highlight Your Achievements: Include quantifiable achievements in your application, such as exceeding sales targets or successfully managing key accounts. This will help illustrate your capability and effectiveness in a business development role.
How to prepare for a job interview at Quantum Group
✨Know Your Products Inside Out
Make sure you have a deep understanding of Buy to Let mortgages and other retail lending products. Be prepared to discuss their features, benefits, and how they compare to competitors' offerings.
✨Demonstrate Relationship Management Skills
Prepare examples of how you've successfully built and maintained relationships with brokers or clients in the past. Highlight your ability to communicate effectively and manage expectations.
✨Showcase Your Networking Abilities
Be ready to talk about your networking strategies and how you've used them to generate new business opportunities. Mention any relevant events or activities you've participated in to promote brand awareness.
✨Understand Regulatory Compliance
Familiarise yourself with the regulatory environment affecting the mortgage industry. Be prepared to discuss how you ensure compliance in your work and how it impacts your relationship with brokers and clients.