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Business Development Manager, Retail Finance

Michael Page Sales
Posted 3 days ago, valid for a month
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 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 client is a leading provider of retail finance options and is seeking a business development professional to manage retailer partnerships.
  • Candidates should have experience in retail finance sales and a proven track record of meeting sales targets.
  • The role involves developing prospect strategies, managing the sales cycle, and preparing performance reports.
  • The position requires effective communication skills and the ability to engage with various stakeholders.
  • The base salary for this role is £50k, with additional bonuses and benefits to be discussed during the interview.

Our client is a market leader in the provision of retail finance options across a number of sectors.

In this role you will be responsible for business development activities for prospecting retailer partnerships and on-boarding profitable relationships, becoming a subject matter expert for respective specified sectors. Retail finance experience and having sold into & across retailers is highly desired.

Client Details

Our client is a market leader in retail finance and part of a much larger London-based bank offering a range of B2B and B2C services.

Description

  • Deliver against financial performance metrics set by the business
  • Prepare and present reports on KPIs
  • Develop a prospect strategy for your allocated market sector(s) - this segmentation can be discussed at interview and will be based on prior experience
  • Research and update competitor knowledge - enabling compelling presentations to be made showing the differentiation of partnering with our client
  • Manage the entire sales cycle of your prospects
  • Build and constantly update the prospect database for your allocated market sectors, by continually searching for new prospects and leads
  • Develop ideas and create winning presentations for prospective new retail partners
  • Respond to and follow up sales enquiries by email, telephone, and personal visits
  • Monitor and report on activities and provide relevant management information
  • Liaise and attend meetings with other company functions necessary to perform duties and aid business and organisational development
  • Attend training to develop relevant knowledge and skills
  • Some travel required within the UK

Profile

Our client is ideally looking for someone with an understanding of - and experience in - a sales / business development role within Retail Finance.

  • Proven track record of meeting and exceeding sales targets in a competitive financial services environment
  • Negotiation skills with experience in successfully winning deals with both large corporations and SMEs
  • Effective presentation and communication skills
  • Ability to engage with different level stakeholders
  • Proven ability to understand the key commercial drivers of complex BD deals and negotiations
  • Ability to work well as part of a team to deliver overall team targets
  • Proven experience of cold prospecting
  • Ability to work within and knowledge of regulated credit environment

Job Offer

Our client is looking to pay £50k Base Salary with Bonus, OTE and benefits to be discussed at interview.

I look forward to hearing from you.

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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.