Business Development Manager
3 weeks ago
Job Title: Business Development Manager - Bridging Finance
Location: Field-based, ideally the M25 region
Salary: Dependent on experience
About the position of Business Development Manager - Bridging Finance
An exciting opportunity has arisen to join a boutique bridging lender based in Mayfair, London. As a Business Development Manager, you will play a pivotal role in driving new business, working closely with the founders to identify and develop opportunities with high-value business intermediaries. This is an excellent chance to represent a well-regarded brand, enhance its market reputation, and achieve your professional goals in a dynamic and rewarding environment.
Responsibilities for the role of Business Development Manager - Bridging Finance
- Identify and develop unregulated bridging loan opportunities from brokers, focusing on England and Wales, with a preference for the M25 region.
- Achieve monthly target completions of £1.5m.
- Provide exceptional service levels to all broker accounts, ensuring strong and lasting relationships.
- Attend field-based meetings with brokers and clients, alongside trade shows and industry events.
- Act as a brand ambassador for the client, promoting their values and enhancing market reputation.
- Prepare, maintain, and execute account management plans for intermediaries within your business area.
- Proactively contribute to product development initiatives.
- Collaborate with internal underwriters to support the progression of new enquiries and pipeline applications.
- Ensure timely and professional communication with brokers.
- Create and maintain Key Performance Indicator (KPI) reports and update broker contacts in the CRM database.
- Organise and participate in networking events and seminars to expand the company's reach.
- Conduct market research to identify trends, interpret market news, and assess loan risks.
- Provide support for ad hoc duties and other business needs as required.
Experience and skills required for the role of Business Development Manager - Bridging Finance
- Thorough understanding of the UK property finance industry, with existing broker relationships in the bridging finance market.
- Proven track record of achieving at least £1m in monthly completions.
- Minimum 2 years of experience working for a non-bank property lender in a business development capacity.
- Strong knowledge of Microsoft Office applications, particularly Outlook, Excel, Word, and PowerPoint.
- Committed to delivering first-class customer service.
- Personal qualities
- Entrepreneurial spirit with strong interpersonal and communication skills.
- Self-disciplined and capable of working independently.
- Highly motivated with a strong drive to contribute to the growth of a dynamic company.
- Exceptional written and presentation skills.
- Willingness to travel throughout the UK as required.
For more information regarding the role of Business Development Manager - Bridging Finance, please get in touch with us.
Stellar Select is acting as an employment agency and is a corporate member of the REC.
Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful candidates within two business days.
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