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- Tasks: Drive growth by identifying sales opportunities and managing business introducers.
- Company: Dynamic bank with a focus on innovation and inclusivity.
- Benefits: Hybrid work model, competitive salary, and professional development opportunities.
- Why this job: Make a real impact in a key role while developing your leadership skills.
- Qualifications: 5+ years in business development with strong relationship management skills.
- Other info: Join a diverse team committed to creating an inclusive workplace.
The predicted salary is between 48000 - 72000 £ per year.
Overview
This hybrid role requires 3 days in the office (City of London or Manchester) and 2 days working from home.
Responsibilities
- Understand the bank\’s deposit raising strategy and proactively identify and action sales opportunities to meet growth objectives
- Deputise for the Head of Deposit Solutions, support in running the team and, if needed, be comfortable presenting to the bank\’s Senior Leadership
- Support development of more junior members of Deposit Solutions Team and wider Deposits Team
- Identify, develop and manage a portfolio of business introducers
- Identify, research and propose new potential target sectors in line with the bank\’s deposit raising strategy
- Be responsible for calling programmes and managing prospect lists, supporting junior BDMs to do the same
Skills and Experience
- Proven 5 years+ business development experience with a bank or non-bank provider selling deposit products/solutions
- Established customer/introducer network
- Demonstrated ability to win deposit deals of £5m+, ideally with experience in a non-rated institution
- Strong relationship management skills
- Knowledge of deposits, ideally solutions aimed at businesses/charities/credit unions
Equal Opportunities
We\\\’re an equal opportunity employer, which means we\\\’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we\\\’re committed to creating an inclusive environment for all employees. During the application process, you will be asked to complete an equality questionnaire on a voluntary basis and any data we collect will be treated confidentially and used for evaluation purposes. This will be for a period of 6 months or longer with your permission. This helps us understand our applicants so we can make sure we are doing everything we can to attract a diverse range of people and ensure our recruitment processes are fair and inclusive.
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Senior Business Development Manager I Deposits employer: United Trust Bank
Contact Detail:
United Trust Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Business Development Manager I Deposits
✨Tip Number 1
Network like a pro! Reach out to your contacts in the banking and finance sector. Attend industry events or webinars to meet potential introducers and decision-makers. Remember, it’s all about who you know!
✨Tip Number 2
Showcase your expertise! Prepare a killer pitch that highlights your experience in winning deposit deals. Tailor your approach to each meeting, focusing on how you can help them achieve their growth objectives.
✨Tip Number 3
Be proactive! Don’t wait for opportunities to come to you. Research potential target sectors and reach out with tailored proposals. This shows initiative and can set you apart from other candidates.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team. Let’s make it happen!
We think you need these skills to ace Senior Business Development Manager I Deposits
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Business Development Manager role. Highlight your experience in business development, especially with deposit products, and showcase any relevant achievements that align with our growth objectives.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your established network and how you’ve successfully managed deposit deals in the past. We want to see your personality come through!
Showcase Your Relationship Management Skills: In your application, emphasise your relationship management skills. We’re looking for someone who can build strong connections with introducers and clients, so share examples of how you've done this in previous roles.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at United Trust Bank
✨Know Your Numbers
Make sure you come prepared with specific examples of deposit deals you've closed, especially those over £5m. Being able to discuss your past successes in detail will show your expertise and confidence in business development.
✨Research the Bank's Strategy
Dive deep into the bank's deposit raising strategy before the interview. Understanding their goals and how you can contribute will help you tailor your responses and demonstrate your proactive approach to identifying sales opportunities.
✨Showcase Your Network
Be ready to talk about your established customer and introducer network. Highlight how these relationships can benefit the bank and support its growth objectives, as this is crucial for a Senior Business Development Manager role.
✨Prepare for Leadership Questions
Since you'll be deputising for the Head of Deposit Solutions, prepare to discuss your leadership style and how you would support and develop junior team members. Share examples of how you've successfully managed teams or mentored others in the past.
