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Finance Broker

Stellar Select
Posted 4 days ago, valid for a day
Location

London, Greater London SW1A2DX, England

Salary

£35,000 per annum

Contract type

Full Time

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Sonic Summary

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  • The Development Finance Broker position is a remote role with occasional client visits, offering a basic salary ranging from £25,000 to £35,000.
  • The potential first-year earnings can reach up to £56,000, with second-year earnings potentially increasing to £75,000.
  • Candidates should have proven business development experience in banking, bridging, development, or investment finance markets.
  • The role requires strong networking and relationship-building skills, along with an understanding of property development finance and bridging.
  • The successful applicant will be responsible for originating new clients, managing relationships, and negotiating development finance deals.

Job Title: Development Finance Broker

Location: Working from home with occasional client visits

Salary: Earn a basic salary of 25,000-35,000 with potential first-year earnings up to 56,000 and second-year earnings up to 75,000

Benefits:

  • 28 days holiday per annum (including bank holidays, with some compulsory leave over Christmas)
  • Commission structure to be confirmed.
  • Flexible working

About our Client and the role of Development Finance Broker:

Our client, a specialist brokerage, is seeking a motivated Development Finance Broker to join their team. This role offers an exciting opportunity to work with property developers and investors, providing tailored financial solutions. The successful candidate will be instrumental in originating new business and managing client relationships to drive the company's growth.

Responsibilities for the role of Development Finance Broker:

  • Originate new clients and generate business enquiries from property developers and investors.
  • Agree broker terms to maximize income potential.
  • Build and maintain client relationships to encourage potential leads.
  • Assess deals for funding feasibility and match them to potential lender products.
  • Negotiate and structure development finance deals.
  • Collaborate with clients, lenders, and project stakeholders.
  • Understand funding requirements, including residential/commercial senior debt and bridging finance.
  • Onboard clients, including creation and sign-off of Broker Introducer agreements and completion of ID/AML checks as necessary.
  • Create and present tailored funding proposals to lenders.
  • Establish and develop client-lender relationships.
  • Occasionally travel to meet with clients and conduct site visits as necessary.
  • Manage the application process from start to completion.
  • Maintain the company CRM system, including inputting calls, emails, account/contact information, and opportunities, along with updates on their status.
  • Participate in weekly management meetings and occasional on-site meetings, reporting to company directors.

Experience required for the role of Development Finance Broker:

  • Proven business development experience in the banking, bridging, development, or investment finance market.
  • In-depth understanding of property development finance and bridging.
  • Strong networking and relationship-building skills.
  • Self-motivated, proactive, tenacious, and enthusiastic.
  • Strong interpersonal and communication skills, with a professional telephone manner.
  • Good IT skills, comfortable with setting up electronic documents.
  • Own transport for occasional on-site meetings.

For more information regarding the role of Development Finance Broker please contact 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 contacts within two business days.

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By applying, a CV-Library account will be created for you. CV-Library's Terms & Conditions and Privacy Policy will apply.