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- Tasks: Connect with high net worth expat clients and pitch Skybound Wealth services.
- Company: Skybound Wealth specializes in wealth management for international clients.
- Benefits: Earn a competitive salary plus commission, with global incentives and support.
- Why this job: Join a dynamic team focused on excellence and personal growth in finance.
- Qualifications: Proven sales experience, strong communication skills, and market awareness required.
- Other info: Full support for CISI examination and ongoing professional development.
The predicted salary is between 26000 - 36400 £ per year.
The Business Development Manager position has a fundamental value to the overall success of the business, making it an excellent opportunity for someone who is driven to seek excellence in everything they do. If you are a successful sales person and looking for the platform to build a new career in Wealth Management, this is the job for you.
The main focus of the role is to strategically target and then directly contact potential high net worth expat clients who are living, working and retiring globally, before outlining the Skybound Wealth proposition and introducing them to one of our qualified, Senior Financial Planners. This involves using a wide variety of sources to map both the corporate and socio-economic landscapes within the area you are focusing on, highlighting both British and other international executives. It is very useful to know about how current affairs are affecting the financial markets due to the diverse client range associated with Skybound (clients will come from a number of jurisdictions including UK, USA, Germany, Australia and South Africa).
In tandem with the research stage, a Skybound Wealth BDM is able to pitch potential clients over email, telephone or in person. An innate enjoyment of the sales process and confidence talking to a wide range of individuals is therefore key for this position.
Skybound also provide full support through the CISI examination process. As a business, we ensure that all Advisers are at a UK Level 4 Diploma standard as a minimum, and see it as good practice to continue this throughout the business.
Desired Skills and Experience
- An individual with a proven and demonstrable track record within a pro-active sales and business development role
- Ability to generate leads and strategically develop new business, alongside continue to develop business through referrals
- Comfortable dealing with high net worth individuals
- Ability to handle objections
- Strong, confident, eloquent phone manner
- Good soft skills (organised- Excel driven, analytical, flexible, pro-active, creative)
- The ability to keep up to date with market trends and latest financial news.
- Ability to navigate through multiple business sites (not just LinkedIn but business sites, directories).
You will benefit from:
- A basic salary of £26,000 per annum, plus commission and other incentives
- Leads (alongside ones you generate yourself) through various data sources
- Warm relationships with key strategic partners across the industry
- Unrivalled quarterly events
- Global Skybound incentives for top performers
- Excellent administrative team to assist with business placement, including an internal pension team
- Internal compliance to the highest level of regulation in every jurisdiction
Business Development Manager employer: Skybound Wealth Management
Contact Detail:
Skybound Wealth Management Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Familiarize yourself with the financial markets and current affairs that impact high net worth individuals. This knowledge will not only help you in conversations but also demonstrate your commitment to understanding the needs of potential clients.
✨Tip Number 2
Leverage various platforms beyond LinkedIn to identify and connect with potential clients. Explore business directories, industry forums, and social media groups where high net worth individuals might engage.
✨Tip Number 3
Practice your pitch! Whether it's over email, phone, or in person, being confident and eloquent is key. Role-play with a friend or mentor to refine your approach and handle objections smoothly.
✨Tip Number 4
Network strategically with professionals in wealth management and related fields. Building relationships with key strategic partners can provide valuable referrals and insights into the market.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly understand the responsibilities and expectations of a Business Development Manager at Skybound. Highlight your sales experience and how it aligns with the role's focus on high net worth clients.
Tailor Your CV: Customize your CV to emphasize your proven track record in sales and business development. Include specific examples of how you've successfully generated leads and developed new business, particularly with high net worth individuals.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for sales and your understanding of the financial markets. Mention your ability to keep up with current affairs and how this knowledge can benefit potential clients.
Showcase Soft Skills: In your application, make sure to highlight your soft skills such as organization, analytical thinking, and creativity. These are crucial for navigating the diverse client landscape and handling objections effectively.
How to prepare for a job interview at Skybound Wealth Management
✨Showcase Your Sales Success
Be prepared to discuss your previous sales achievements in detail. Highlight specific examples where you successfully generated leads and closed deals, especially in high net worth environments.
✨Demonstrate Market Knowledge
Stay updated on current financial news and market trends. During the interview, reference how these factors impact potential clients and their investment decisions, showcasing your analytical skills.
✨Practice Your Pitch
Since pitching is a key part of the role, practice delivering your pitch clearly and confidently. Tailor it to address the needs of high net worth individuals, emphasizing the unique value of the Skybound Wealth proposition.
✨Prepare for Objections
Anticipate common objections you might face when dealing with high net worth clients. Prepare thoughtful responses that demonstrate your problem-solving abilities and confidence in handling difficult conversations.
