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- Tasks: Manage and grow broker relationships to drive new business in financial services.
- Company: Join a fast-growing financial services provider supporting UK businesses with diverse funding solutions.
- Benefits: Enjoy 26 days annual leave, private medical insurance, and a cycle to work scheme.
- Why this job: Be part of a dynamic team that values collaboration and offers impactful financial solutions.
- Qualifications: 5+ years in Asset Finance with strong knowledge of credit and lending practices required.
- Other info: Remote role with opportunities for professional growth and networking.
The predicted salary is between 39000 - 65000 £ per year.
Location: National
Salary: Up to £65k
Summary:
Our client is a dynamic and fast growing financial services provider supporting UK businesses with a diverse range of funding solutions, including Asset Finance, Invoice Finance, Loans, Vehicle Finance, and Asset Based Lending. They are seeking a Broker Manager to join their team. This remote based role will focus on developing, managing, and growing broker relationships across the UK to generate high quality new business. You will have an essential role in delivering tailored funding solutions and promoting cross selling opportunities across the wider group.
Key Responsibilities:
- Develop and nurture strong relationships with brokers, offering asset finance (soft and hard) and other financial solutions to their clients.
- Regularly meet and communicate with brokers to identify and maximise new business opportunities.
- Monitor and review broker performance to ensure alignment with commercial objectives.
- Actively engage in cross-selling initiatives, identifying opportunities to introduce group products and services.
- Provide brokers with training and support to help them submit high-quality proposals.
- Maintain a strong understanding of internal credit policy and funding criteria.
- Collaborate with internal teams, including sales support and risk, to resolve queries and support deal progression.
- Represent the company at industry and networking events to increase visibility and promote the brand.
Essential Requirements:
- 5+ years of experience within the Asset Finance industry.
- Excellent understanding of leasing and hire purchase solutions.
- Strong knowledge of credit and lending practices.
- High attention to detail with sound knowledge of relevant regulations (AML, GDPR).
- Excellent interpersonal and communication skills.
- Ability to build long term professional relationships and work collaboratively.
Compensation & Benefits:
- 26 days annual leave, increasing to 28 days after 2 years of service.
- Private medical insurance and healthcare cashback plan.
- Life assurance and income protection.
- Holiday exchange scheme.
- Cycle to work scheme and electric car scheme.
- Pension scheme.
Venator Executive is a specialist recruitment consultancy committed to connecting exceptional talent with outstanding opportunities. All applications will be treated with the utmost confidentiality.
Please note: While we aim to respond to all applications, due to the high volume of responses, only shortlisted candidates will be contacted. If you do not hear from us within 7 working days, please assume your application has not been successful on this occasion. Venator Executive operates as an equal opportunities employer. We welcome applications from all individuals and encourage those from underrepresented groups to apply.
Broker Manager employer: Venator Executive Recruitment
Contact Detail:
Venator Executive Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Broker Manager
✨Tip Number 1
Network actively within the financial services sector, especially focusing on asset finance. Attend industry events and engage with brokers to build relationships that could lead to referrals or insights about the role.
✨Tip Number 2
Familiarise yourself with the latest trends in asset finance and related funding solutions. This knowledge will not only help you in discussions but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed broker relationships in the past. Highlight your ability to identify new business opportunities and how you’ve contributed to growth in previous roles.
✨Tip Number 4
Showcase your understanding of compliance and regulatory requirements relevant to the role. Being well-versed in AML and GDPR will set you apart as a candidate who can navigate the complexities of the financial services landscape.
We think you need these skills to ace Broker Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in the Asset Finance industry, particularly focusing on your ability to develop broker relationships and your understanding of leasing and hire purchase solutions.
Craft a Compelling Cover Letter: In your cover letter, emphasise your interpersonal skills and provide examples of how you've successfully built long-term professional relationships. Mention your knowledge of credit and lending practices as well.
Showcase Relevant Experience: When detailing your work history, focus on specific achievements that demonstrate your ability to generate new business and support brokers in submitting high-quality proposals.
Highlight Your Understanding of Regulations: Include any relevant certifications or training related to AML and GDPR regulations, as this shows your attention to detail and compliance knowledge, which is crucial for the role.
How to prepare for a job interview at Venator Executive Recruitment
✨Know Your Financial Solutions
Make sure you have a solid understanding of the various funding solutions offered, such as Asset Finance and Invoice Finance. Being able to discuss these in detail will show your expertise and help you connect with the interviewers.
✨Demonstrate Relationship Building Skills
Prepare examples of how you've successfully developed and nurtured broker relationships in the past. Highlight your interpersonal skills and ability to collaborate effectively, as these are crucial for the Broker Manager role.
✨Showcase Your Industry Knowledge
Stay updated on the latest trends and regulations in the Asset Finance industry. Being knowledgeable about credit practices and compliance will demonstrate your commitment and readiness for the role.
✨Prepare for Scenario Questions
Anticipate questions that may ask how you would handle specific situations, such as resolving broker performance issues or identifying cross-selling opportunities. Practising your responses will help you feel more confident during the interview.
