At a Glance
- Tasks: Drive business growth by connecting with high net worth clients globally.
- Company: Skybound Wealth Management, a global financial advisory firm.
- Benefits: Competitive salary, commission, global incentives, and supportive team.
- Why this job: Join a dynamic team and make a real impact in wealth management.
- Qualifications: Proven sales experience and strong communication skills.
- Other info: Diverse workplace with excellent career development opportunities.
The predicted salary is between 24000 - 28000 £ per year.
Skybound Wealth Management is a global financial advisory company with employees across the UK, USA, Cyprus, Spain, UAE and Malaysia. We provide tailored financial advice to international clients, supported by expert teams across wealth planning, compliance and operations.
The Business Development Executive 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 or account management person, or looking 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 continuing 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 £24,000 to £28,000 plus commission
- £45k-£55k year 1 OTE
- 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
Skybound Wealth Management is committed to fostering a diverse and inclusive workplace. We welcome applications from all qualified candidates regardless of background.
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
Network like a pro! Get out there and connect with people in the wealth management sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential contacts on LinkedIn. Remember, it’s all about who you know!
✨Tip Number 2
Do your homework! Research the financial markets and current affairs that impact high net worth individuals. This knowledge will not only help you in conversations but also show potential employers that you’re genuinely interested in the field.
✨Tip Number 3
Practice your pitch! Whether it’s over email, phone, or face-to-face, being able to confidently present the Skybound Wealth proposition is key. Role-play with friends or family to refine your approach and get comfortable with handling objections.
✨Tip Number 4
Apply through our website! We love seeing candidates who are proactive. By applying directly, you’ll stand out from the crowd and show us you’re serious about joining the Skybound team. Plus, it’s super easy to do!
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your sales experience and any relevant skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about wealth management and how your background makes you a great fit for Skybound. Keep it engaging and personal!
Showcase Your Research Skills: Since the role involves understanding market trends, demonstrate your research skills in your application. Mention any specific insights you've gathered about the financial markets or high net worth clients that could impress us.
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 don’t miss out on any important updates from us!
How to prepare for a job interview at Skybound Wealth Management
✨Know Your Market
Before the interview, make sure you’re up to speed with current affairs and how they impact financial markets. Research the socio-economic landscapes of the regions Skybound operates in, especially those relevant to high net worth individuals. This knowledge will show your potential employer that you’re proactive and genuinely interested in the role.
✨Master Your Pitch
Practice your pitch for introducing Skybound Wealth’s services. Whether it’s over email, phone, or in person, being able to articulate the value proposition clearly and confidently is crucial. Tailor your pitch to reflect the needs of high net worth clients, demonstrating your understanding of their unique circumstances.
✨Showcase Your Sales Skills
Be prepared to discuss your previous sales experiences and how you’ve successfully generated leads. Use specific examples to illustrate your ability to handle objections and close deals. This will help convey your suitability for a business development role at Skybound.
✨Engage with Questions
Interviews are a two-way street, so come armed with insightful questions about the company and its strategies. Ask about the support provided during the CISI examination process or how the team collaborates to achieve targets. This shows your enthusiasm and helps you gauge if the company is the right fit for you.