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- Tasks: Generate new business opportunities and manage your own pipeline in debt recovery.
- Company: Join a leading, rapidly growing debt recovery services provider with a stellar reputation.
- Benefits: Enjoy a competitive salary, uncapped commission, and a car allowance.
- Why this job: Be part of a dynamic team focused on professional growth and impactful solutions.
- Qualifications: 3+ years in business development with proven revenue success required.
- Other info: Nationwide travel is necessary; DBS and CCJ checks will be conducted.
The predicted salary is between 52000 - 78000 £ per year.
A leading and rapidly growing debt recovery and litigation services provider is seeking a Business Development Manager to support continued expansion across its B2B-focused operation. With over 85 employees and consistent year-on-year growth exceeding 30%, the company offers a full suite of services, including:
- White-label credit management outsourcing
- Office and field-based debt collection
- In-house legal action (SRA-regulated)
- Tracing and debt counselling services
The company typically partners with medium to large businesses (turnover £30M+) and has built a reputation for tailored, professional recovery solutions.
The successful candidate will be responsible for generating new business opportunities and managing their own pipeline from initial contact through to onboarding. This includes:
- Cold calling prospects via CRM
- Building referral networks with accountants, insolvency practitioners, and other key contacts
- Attending meetings and presenting tailored recovery solutions
- Producing written proposals post-meeting
- Supporting onboarding and attending ongoing client review meetings
- Meeting agreed revenue and appointment targets
Candidate Profile:
- Minimum 3 years in a business development focused role with demonstrable revenue delivery
- Professional, consultative approach to business development
- Full UK driving licence (nationwide travel required)
- Able to evidence income generation from current/previous roles
Package & Benefits:
- Basic salary up to £65K depending on experience
- Uncapped commission: 10% on year-one revenue, 5% on year-two revenue
- Car allowance
- On-target earnings in excess of £100K
- Permanent, full-time position
Please note: Successful applicants will be subject to a DBS and CCJ check before employment is confirmed.
Business Development Manager (Debt Recovery Services) employer: Sol Recruitment Ltd
Contact Detail:
Sol Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager (Debt Recovery Services)
✨Tip Number 1
Network strategically with professionals in the debt recovery and financial services sectors. Attend industry events, webinars, or local meetups to connect with potential clients and partners who can refer you to opportunities.
✨Tip Number 2
Familiarise yourself with the latest trends and challenges in debt recovery services. Being knowledgeable about the industry will help you engage in meaningful conversations with prospects and demonstrate your expertise during meetings.
✨Tip Number 3
Develop a strong personal brand on professional networking platforms like LinkedIn. Share insights, articles, and success stories related to business development and debt recovery to attract attention from potential employers and clients.
✨Tip Number 4
Prepare for interviews by practising your pitch on how you can generate revenue and build relationships in the debt recovery space. Be ready to discuss specific examples of your past successes and how they relate to the role.
We think you need these skills to ace Business Development Manager (Debt Recovery Services)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in business development, particularly in debt recovery or related fields. Use specific metrics to demonstrate your success in generating revenue and managing client relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the debt recovery industry and your consultative approach to business development. Mention how your skills align with the company's goals and how you can contribute to their growth.
Showcase Relevant Achievements: In your application, include examples of past successes in generating new business opportunities and managing pipelines. Highlight any experience with cold calling, building referral networks, and producing written proposals.
Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects professionalism and attention to detail, which are crucial in a business development role.
How to prepare for a job interview at Sol Recruitment Ltd
✨Know Your Numbers
As a Business Development Manager, you'll need to demonstrate your ability to generate revenue. Be prepared to discuss specific figures from your previous roles, including how much business you brought in and the strategies you used to achieve those results.
✨Understand the Debt Recovery Landscape
Familiarise yourself with the debt recovery industry, including current trends and challenges. This knowledge will help you engage in meaningful conversations during the interview and show that you're genuinely interested in the role.
✨Prepare for Role-Playing Scenarios
Expect to participate in role-playing exercises where you might have to cold call or present a tailored recovery solution. Practising these scenarios beforehand can help you feel more confident and showcase your consultative approach.
✨Build Your Referral Network Strategy
Since building referral networks is a key part of the role, come prepared with ideas on how you would approach accountants and insolvency practitioners. Discussing your strategy will demonstrate your proactive mindset and understanding of the business development process.
