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BDM - Bridging & Development Finance

Stellar Select Limited
Posted 13 hours ago, valid for 9 days
Location

Manchester, Greater Manchester M17 1DJ, England

Salary

£40,000 - £48,000 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 Business Development Manager - Bridging & Development Finance position is field-based, covering the Midlands and the North.
  • The salary is competitive and depends on experience, with additional commission opportunities.
  • Candidates should ideally have a background in Bridging & Property BDM, or other relevant financial services experience, with a preference for at least 3 years of experience.
  • The role involves engaging with introducers, maintaining relationships with brokers, and promoting a range of lending products.
  • Successful candidates will be motivated, service-driven, and willing to travel approximately 4 days per week.

Job Title: Business Development Manager - Bridging & Development Finance

Location: Field-based covering the Midlands and the North

Salary: Competitive, depending on experience, plus commission

About the position of Business Development Manager - Bridging & Development Finance

My client is a multi-award-winning property lender based in West Hampstead, London, specialising in short-term property lending. They have established themselves as a leader in the sector, offering loans up to 75% LTV on residential and semi-commercial properties for terms of up to 2 years.

As a BDM, you will be part of a high-performing team renowned for service excellence. You will not be confined to the office, as this role involves visiting brokers and managing a designated sales region. Reporting directly to the Sales Director, you will be responsible for promoting the lender's Bridging, Refurbishment, and Developer exit products.

Responsibilities for the role of Business Development Manager - Bridging & Development Finance

  • Engage directly with introducers to discuss deal enquiries and structure complex cases to align with the lender's credit policy.
  • Maintain a strategic diary of appointments, developing credible and trust-based relationships with the broker network.
  • Actively seek new business sources through inbound enquiries, broker registrations, existing contacts, industry journals, and other avenues.
  • Maximise sales of bridging and refurbishment products by identifying competitive advantages and exploring opportunities such as product innovations.
  • Achieve agreed quarterly and annual targets across the various lending divisions, as set by the Sales Director.
  • Attend and present at exhibitions, workshops, seminars, and other industry events to promote the lender.
  • Develop and maintain an in-depth knowledge of the lender's product range and services.
  • Build an understanding of the lender's competitors and leverage the lender's competitive advantages when engaging with brokers.
  • Record all interactions and meetings in the company's CRM system (Impact).
  • Provide regular progress reports as required by senior management.
  • Assist in the achievement of company targets and business development plans.

Experience and skills required for the role of Business Development Manager - Bridging & Development Finance

  • Preferably a background in Bridging & Property BDM; however, candidates with other BDM experience in financial services such as Development, or Commercial lending may also be considered.
  • Strong communication skills, with the ability to confidently present to both small and large audiences.
  • Excellent relationship-building skills, with the ability to develop trust with senior-level clients.
  • A motivated and service-driven individual who is happy to be on the road circa 4 days per week.

For more information regarding the role of Business Development Manager - Bridging & Development Finance, 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 candidates within two business days.

Apply now in a few quick clicks

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.