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Business Development Manager - Bridging Finance

Stellar Select
Posted 2 days ago, valid for 17 days
Location

London, Greater London SW1A2DX, England

Salary

£48,000 - £57,600 per annum

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Contract type

Full Time

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Sonic Summary

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  • The position of Business Development Manager - Bridging Finance is available for a boutique lender based in Mayfair, London, focusing on the M25 region.
  • The salary for this role is dependent on experience, with a requirement of at least 2 years of experience in a business development capacity at a non-bank property lender.
  • The successful candidate will be responsible for identifying unregulated bridging loan opportunities and achieving monthly target completions of 1.5 million.
  • Candidates should possess a strong understanding of the UK property finance industry and have existing broker relationships in the bridging finance market.
  • This role requires strong interpersonal skills, a commitment to exceptional customer service, and a willingness to travel throughout the UK.

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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