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For Companies At a Glance
- Tasks: Drive new business development in private equity and manage client relationships.
- Company: Dynamic consultancy focused on mid-market firms and private equity.
- Benefits: Competitive salary, bonus package, and hybrid working options.
- Why this job: Join a growing team and make an impact in the private equity sector.
- Qualifications: Proven sales experience in private equity and strong communication skills.
- Other info: Collaborative environment with opportunities for continuous learning and growth.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Role: Business Development Manager – Private Equity
Location: London – hybrid
Salary: Competitive salary and bonus package (based on 30% OTE), dependent on experience
Our client is seeking a New Business Development Manager to join their expanding consultancy, to target UK mid-market firms and private equity prospects. The role focuses on prospecting, pipeline management, and closing deals, and working closely with ESG consultants to deliver tailored solutions.
Responsibilities
- Prospecting: Identify and target potential clients within UK mid-market and private equity sectors. Successfully start conversations with new contacts.
- Pipeline Management: Develop and maintain a robust sales pipeline, ensuring consistent progression of prospects through the sales funnel. Demonstrate influencing skills and the ability to shorten the sales cycle.
- Closing Deals: Drive the sales process from initial contact to closing, negotiating terms and securing new business.
Qualifications
- Proven track record of new business sales, particularly within the private equity sector, and UK mid-market firms.
- Demonstrable experience of selling professional services.
- A natural sales hunter who can develop leads and close business within fast paced markets, including private equity clients and their portfolio companies.
- Sales experience working for a managing consultancy or professional services firm is also relevant.
- Strong understanding of, or interest in, ESG principles and their application in business.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work collaboratively in a team environment.
- Self-motivated with a results-driven approach.
- Analytical mindset with high level of attention to detail.
- Effective in building and managing client relationships with mid-market customers.
- Collaborative team player with a commitment to continuous improvement and knowledge sharing.
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Private Equity - Business Development Manager employer: Timely Recruit Ltd
Contact Detail:
Timely Recruit Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Private Equity - Business Development Manager
✨Tip Number 1
Network like a pro! Get out there and connect with people in the private equity space. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to potential contacts. Remember, it’s all about building relationships that can lead to opportunities.
✨Tip Number 2
Showcase your expertise! When you’re chatting with prospects, make sure to highlight your experience in business development and your understanding of ESG principles. Share success stories that demonstrate how you’ve closed deals and built strong client relationships in the past.
✨Tip Number 3
Follow up, follow up, follow up! After initial conversations, don’t let the momentum die. Send a quick email or message to keep the dialogue going. This shows your commitment and keeps you top of mind when they’re ready to make a decision.
✨Tip Number 4
Apply through our website! We’ve got loads of resources to help you ace the interview process. Plus, applying directly shows your enthusiasm for the role and gives you a better chance of standing out from the crowd.
We think you need these skills to ace Private Equity - Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Business Development Manager in Private Equity. Highlight your experience in new business sales and any relevant achievements that showcase your ability to close deals and manage pipelines.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're the perfect fit for this role. Mention your understanding of ESG principles and how they relate to your previous work, as well as your passion for the private equity sector.
Showcase Your Communication Skills: Since this role requires excellent communication and interpersonal skills, make sure your application reflects that. Use clear, concise language and demonstrate your ability to engage with potential clients right from the start.
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. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Timely Recruit Ltd
✨Know Your Market
Before the interview, dive deep into the UK mid-market and private equity sectors. Understand the key players, current trends, and challenges they face. This knowledge will not only impress your interviewers but also help you tailor your responses to show how you can add value.
✨Showcase Your Sales Success
Prepare specific examples of your past successes in new business sales, especially within the private equity sector. Use the STAR method (Situation, Task, Action, Result) to structure your answers, highlighting how you’ve effectively closed deals and managed pipelines.
✨Demonstrate ESG Understanding
Since the role involves working closely with ESG consultants, brush up on ESG principles and their relevance in business. Be ready to discuss how you can integrate these principles into your sales strategy and why they matter to potential clients.
✨Practice Your Communication Skills
Strong communication is key in this role. Practice articulating your thoughts clearly and confidently. Consider mock interviews with a friend or mentor to refine your negotiation techniques and interpersonal skills, ensuring you come across as a collaborative team player.
