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Business Development Manager - Bridging Finance

Stellar Select Limited
Posted 13 hours ago, valid for 19 days
Location

London, Greater London EC1R 0WX

Salary

£48,000 - £57,600 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Business Development Manager - Bridging Finance position is based in the field, ideally within the M25 region, and offers a salary dependent on experience.
  • This role involves driving new business opportunities and working closely with the founders to develop relationships with high-value business intermediaries.
  • Candidates must have a minimum of 2 years of experience in a business development role for a non-bank property lender and a proven track record of achieving at least £1m in monthly completions.
  • The position requires a thorough understanding of the UK property finance industry and existing broker relationships in the bridging finance market.
  • The successful candidate will be expected to achieve monthly target completions of £1.5m while providing exceptional service and promoting the brand's values.

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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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.