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Regional Business Development Manager
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Vargo Group
Regional Business Development Manager

Regional Business Development Manager

Exeter Full-Time 42500 - 67500 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Build strong client relationships and manage funding decisions in the Thames Valley region.
  • Company: Vargo Group is a boutique Invoice Finance business making waves in the UK market.
  • Benefits: Enjoy 26 days holiday, private medical insurance, and a group bonus scheme.
  • Why this job: Join a dynamic team focused on nurturing clients and winning market share from traditional banks.
  • Qualifications: 5+ years in Invoice Finance and 3+ years in sales required; UK driving license needed.
  • Other info: This is a full-time, mid-senior level role based in Exeter/Yeovil.

The predicted salary is between 42500 - 67500 ÂŁ per year.

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Join to apply for the Regional Business Development Manager role at Vargo Group

This range is provided by Vargo Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

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Job Description

Salary: ÂŁ50,000 – ÂŁ75,000

Location: Exeter/Yeovil

Vargo is recruiting for a boutique Invoice Finance business. Our client is well-established in the UK and has develop an expertise across various industry sectors. With a real ethos to nurture clients and offer a factoring solution where possible, our client is winning significant market share from the traditional banks and factoring providers. If you’re an experienced banker or sales professional with a strong background and broker network in commercial lending, please get in touch.

Job Description

Job Title: Business Development Manager (Invoice Finance)

Salary: ÂŁ50,000 – ÂŁ75,000

Location: Exeter/Yeovil

Vargo is recruiting for a boutique Invoice Finance business. Our client is well-established in the UK and has develop an expertise across various industry sectors. With a real ethos to nurture clients and offer a factoring solution where possible, our client is winning significant market share from the traditional banks and factoring providers. If you’re an experienced banker or sales professional with a strong background and broker network in commercial lending, please get in touch.

You\’ll be responsible for the Reading to Slough areas, covering the Thames Valley region.

Responsibilities

  • Cultivate strong client relationships to enhance retention and ensure contract renewals.
  • Assist Relationship Executives to optimize funding availability.
  • Manage risk and recovery, conducting regular client reviews, visits, and audits.
  • Contribute to Monthly Portfolio review meetings and risk discussions.
  • Make funding decisions for clients, including setting invoice funding and credit limits.
  • Lead onboarding for new clients, liaising with Sales.
  • Support new business growth through effective communication and deal structuring.
  • Handle customer matters in line with company values.

Requirements

  • Minimum 5 years experience in Invoice Finance or a related field.
  • Minimum 3 years sales experience in Financial Service
  • Proficient in analytical and reporting tasks.
  • Must hold a valid UK driving license.

Benefits

  • Pension scheme
  • 26 days holiday plus bank holidays
  • Group bonus scheme
  • Private medical insurance
  • Healthcare cashback plan

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Business Development and Sales

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Regional Business Development Manager employer: Vargo Group

Vargo Group is an exceptional employer, offering a dynamic work environment in Exeter/Yeovil that fosters professional growth and development. With a strong focus on nurturing client relationships and a commitment to employee well-being, including a competitive salary, generous holiday allowance, and comprehensive health benefits, Vargo Group stands out as a rewarding place to build a career in the Invoice Finance sector.
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Contact Detail:

Vargo Group Recruiting Team

View Vargo Group Profile

StudySmarter Expert Advice 🤫

We think this is how you could land Regional Business Development Manager

✨Tip Number 1

Network actively within the financial services sector, especially focusing on invoice finance. Attend industry events and connect with professionals on platforms like LinkedIn to build relationships that could lead to referrals.

✨Tip Number 2

Familiarise yourself with the latest trends in invoice finance and commercial lending. Being knowledgeable about market changes will help you engage in meaningful conversations during interviews and demonstrate your expertise.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully cultivated client relationships and managed risk in previous roles. Real-life scenarios can showcase your skills and make you a more attractive candidate.

✨Tip Number 4

Research Vargo Group thoroughly before your interview. Understanding their ethos and approach to client nurturing will allow you to align your answers with their values, making you a better fit for the role.

We think you need these skills to ace Regional Business Development Manager

Client Relationship Management
Commercial Lending Expertise
Sales Strategy Development
Analytical Skills
Risk Management
Financial Reporting
Deal Structuring
Market Analysis
Networking Skills
Communication Skills
Negotiation Skills
Problem-Solving Skills
Time Management
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in Invoice Finance and sales. Use specific examples that demonstrate your ability to cultivate client relationships and manage risk, as these are key responsibilities for the role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention how your background aligns with their ethos of nurturing clients and your experience in commercial lending. Be sure to include any relevant broker networks you have.

Highlight Relevant Skills: Emphasise your analytical skills and reporting experience, as these are crucial for the role. Provide examples of how you've successfully made funding decisions or contributed to portfolio reviews in previous positions.

Proofread Your Application: Before submitting, carefully proofread your application materials. Look for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your professionalism.

How to prepare for a job interview at Vargo Group

✨Know Your Numbers

As a Regional Business Development Manager, you'll need to demonstrate your understanding of financial metrics. Be prepared to discuss key performance indicators and how you've used data to drive business decisions in your previous roles.

✨Showcase Your Network

Highlight your existing broker network and relationships within the commercial lending space. Discuss how these connections can benefit the company and help in acquiring new clients.

✨Client-Centric Approach

Vargo Group values nurturing client relationships. Prepare examples of how you've successfully managed client accounts, enhanced retention, and ensured contract renewals in your past positions.

✨Risk Management Experience

Since the role involves managing risk and conducting client reviews, be ready to share your experience in risk assessment and recovery strategies. Discuss specific instances where you mitigated risks effectively.

Regional Business Development Manager
Vargo Group
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