At a Glance
- Tasks: Drive new business growth in Invoice Finance and build strong relationships.
- Company: Join a dynamic financial services organisation with a strong UK presence.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Field-based role with networking opportunities and a focus on client relationships.
- Why this job: Make a real impact by supporting UK businesses with innovative finance solutions.
- Qualifications: Experience in business development within financial services and strong communication skills.
The predicted salary is between 50000 - 75000 £ per year.
Division: Invoice Finance
Location: Bristol
Salary: 50k - 75k DOE
About the Opportunity
Yolk Recruitment is proud to be supporting a well-established and growing financial services organisation in their search for a Business Development Manager to join their Invoice Finance division. This is an excellent opportunity to join a dynamic lender that provides a broad range of funding solutions to UK businesses, supporting their growth through flexible and innovative finance options. With a strong presence across the UK and a reputation for delivering high-quality service, the business continues to expand its portfolio and market reach.
Role Overview
As a Business Development Manager, you will play a key role in driving new business growth within the Invoice Finance division. You will be responsible for originating, structuring, and delivering new facilities, contributing directly to revenue generation and portfolio expansion. Managing your own regional pipeline, you will build and maintain strong relationships with introducers and professional contacts, converting opportunities through to completion. This role requires a proactive and commercially focused individual who can balance sales performance with effective deal structuring and risk awareness. This is a predominantly field-based role, involving regular client and introducer meetings, networking, and collaboration with internal teams, alongside some home working.
Key Responsibilities
- Originate, structure, and deliver Invoice Finance facilities within agreed parameters.
- Build and maintain strong introducer relationships to generate new business opportunities.
- Manage a high-quality pipeline, progressing deals from initial contact through to completion.
- Prepare and present proposals, working closely with Credit, Risk, and Operations teams.
- Lead commercial negotiations to achieve profitable and sustainable outcomes.
- Maintain accurate CRM reporting and ensure a smooth onboarding process for new clients.
- Develop long-term client and introducer relationships, representing the business at industry events.
- Achieve agreed targets and collaborate with internal teams to maximise client opportunities.
Candidate Profile
We are looking for a commercially driven and results-oriented individual with a strong background in business development within financial services. You will be confident managing a full sales cycle, from origination through to completion, and experienced in building and leveraging introducer networks. You will demonstrate strong financial and commercial awareness, with the ability to structure deals effectively while managing risk. Strong communication skills, resilience, and a proactive mindset are essential.
Skills & Experience
Essential:
- Proven experience in a Business Development Manager (or similar) role within financial services
- Strong track record of generating and converting new business
- Experience developing and managing introducer networks
- Good understanding of financial statements and credit principles
- Excellent communication, negotiation, and relationship management skills
- Self-motivated, target-driven, and resilient
- Experience within Invoice Finance or working capital solutions
- Established introducer network within the region
- Understanding of SME funding markets
- Experience working in a multi-product or cross-functional environment
Business Development Manager employer: Yolk Recruitment
Contact Detail:
Yolk Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Development Manager
✨Tip Number 1
Network like a pro! Attend industry events and meet-ups to connect with potential introducers and clients. Building those relationships can lead to new opportunities that aren't advertised.
✨Tip Number 2
Be proactive in your approach. Don’t wait for opportunities to come to you; reach out to your contacts and follow up on leads. A little persistence can go a long way in business development.
✨Tip Number 3
Showcase your expertise! Prepare tailored proposals that highlight your understanding of the client's needs and how your solutions can help them grow. This will set you apart from the competition.
✨Tip Number 4
Keep your CRM game strong! Regularly update your pipeline and track your interactions. This not only helps you stay organised but also shows potential clients that you're on top of your game.
We think you need these skills to ace Business Development Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Business Development Manager role. Highlight your experience in financial services and any relevant achievements that showcase your ability to generate new business and manage relationships.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific experiences that align with the job description, especially around deal structuring and relationship management.
Showcase Your Network: Since building introducer relationships is key, don’t forget to mention your established network in your application. This will show us that you’re already connected and ready to hit the ground running!
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 from us!
How to prepare for a job interview at Yolk Recruitment
✨Know Your Numbers
As a Business Development Manager, you'll need to demonstrate your understanding of financial statements and credit principles. Brush up on key metrics and be ready to discuss how you've used them to drive business growth in your previous roles.
✨Build Rapport with Introducers
Since building and maintaining strong introducer relationships is crucial, think about how you can showcase your networking skills. Prepare examples of how you've successfully developed these relationships in the past and be ready to discuss your approach to nurturing them.
✨Prepare for Commercial Negotiations
Expect to lead negotiations during the interview. Practice articulating your strategies for achieving profitable outcomes while managing risk. Be prepared to discuss specific deals you've structured and the thought process behind them.
✨Showcase Your Resilience
This role requires a proactive mindset and resilience. Think of examples where you've faced challenges in business development and how you overcame them. Highlighting your ability to bounce back will show that you're the right fit for a dynamic lender.