At a Glance
- Tasks: Lead growth in our private wealth division and build strong relationships with intermediaries.
- Company: Join Suntera, a leader in private wealth and family office services.
- Benefits: Enjoy competitive pay, networking opportunities, and a dynamic work environment.
- Why this job: Be part of a team that champions innovative solutions for high-net-worth families.
- Qualifications: Experience in business development within financial services; degree or relevant qualification preferred.
- Other info: Opportunity to represent the company at industry events and conferences.
The predicted salary is between 72000 - 108000 £ per year.
The Business Development Director Private Wealth will be responsible for driving the growth of our private wealth division. This role involves the promotion of the Suntera brand and our comprehensive suite of private wealth and family office services to a broad range of intermediaries and business introducers, identifying and cultivating new business opportunities for our Private Wealth Division. The ideal candidate will have a deep understanding of the private wealth sector, exceptional networking skills, and a proven track record in business development.
Responsibilities
- Working with divisional colleagues based in Jersey, Guernsey and Isle of Man and the Head of Intermediaries, develop and implement strategic business development plans to achieve growth targets using business contacts, personal network and industry events and other avenues of income generation.
- Build and maintain strong trusted relationships with a broad range of professional intermediaries and industry partners in London and further afield.
- Promote the Suntera brand, championing the unique service proposition of the Group through regular on-going interaction with key intermediaries and the introduction of relevant Suntera specialists as appropriate.
- Working together with experienced colleagues, develop innovative solutions that meet the increasingly complex, jurisdictionally agnostic requirements of international family offices, UHNWIs and their families.
- Represent the company at industry events, conferences, and networking functions, building relationships with new contacts, and spotting opportunities to promote Suntera Global.
- Prepare and deliver presentations and proposals to intermediaries and prospective clients; contribute to the wider marketing effort.
- Accurately monitor and report on business development activities and results in a timely manner, for effective and accurate financial reporting.
Qualifications
- Experience in business development with a professional/financial services environment and ideally within the trust and fiduciary services and family office sector.
- Degree level or equivalent; a business or financial qualification would be advantageous or relevant professional qualification.
- Proven track record of achieving and exceeding business development targets to achieve maximum business growth.
- Ability to negotiate successful deals and influence people.
- Proactive and resilient, with excellent networking and relationship-building skills.
- Credible and confident with good communication and presentation skills.
- High level of motivation with the ability to work independently contributing personally to the Group’s aspirational growth targets.
- High level of integrity and professionalism.
Director of Business Development Private Wealth employer: Suntera Global
Contact Detail:
Suntera Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director of Business Development Private Wealth
✨Tip Number 1
Network strategically within the private wealth sector. Attend industry events, conferences, and seminars where you can meet key players and intermediaries. Building genuine relationships will not only enhance your visibility but also open doors to potential business opportunities.
✨Tip Number 2
Stay updated on market trends and developments in the private wealth sector. This knowledge will help you engage in meaningful conversations with potential clients and intermediaries, showcasing your expertise and understanding of their needs.
✨Tip Number 3
Leverage social media platforms like LinkedIn to connect with professionals in the private wealth space. Share insightful content related to the industry, which can position you as a thought leader and attract attention from those looking for business development partners.
✨Tip Number 4
Prepare to demonstrate your past successes in business development during networking interactions. Have specific examples ready that highlight your ability to exceed targets and build strong relationships, as this will instil confidence in your capabilities.
We think you need these skills to ace Director of Business Development Private Wealth
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in business development, particularly within the private wealth sector. Use specific examples of how you've achieved growth targets and built relationships with intermediaries.
Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of the private wealth industry and your networking skills. Mention how you can promote the Suntera brand and contribute to their growth strategy.
Showcase Relevant Experience: When detailing your work history, focus on roles that involved strategic planning, relationship management, and business development. Highlight any achievements that demonstrate your ability to exceed targets.
Prepare for Interviews: If invited for an interview, be ready to discuss your approach to building relationships and identifying new business opportunities. Prepare examples of successful deals you've negotiated and how you’ve contributed to previous companies' growth.
How to prepare for a job interview at Suntera Global
✨Showcase Your Networking Skills
As the role heavily relies on networking, be prepared to discuss your previous experiences in building and maintaining professional relationships. Share specific examples of how you've successfully cultivated connections that led to business opportunities.
✨Demonstrate Industry Knowledge
Familiarise yourself with the private wealth sector and current trends. Be ready to discuss how these trends impact business development and how you can leverage them to promote the Suntera brand effectively.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and strategic thinking. Prepare scenarios where you've developed innovative solutions for complex client needs, particularly in the context of family offices and UHNWIs.
✨Practice Your Presentation Skills
Since you'll need to deliver presentations and proposals, practice articulating your ideas clearly and confidently. Consider rehearsing with a friend or colleague to refine your delivery and ensure you can engage your audience effectively.