Job Title: Internal Business Development Manager (BTL and Bridging)
Location: Watford
Salary: Base salary up to 35,000 plus uncapped commission
Hours: Monday to Friday, 9 am to 5:30 pm
Benefits:
* Contributory Pension scheme
* Private Medical Healthcare
* Life Assurance
* Dental Plan
* Free eye tests
* Annual leave purchase scheme
* Social events
* Refreshments
* 25 days annual leave with bank and public holidays on top
* Perk box
* Superb development opportunities
About the Role:
As an Internal Business Development Manager, your primary responsibility will be to initiate, manage, and nurture relationships with various mortgage intermediaries in your assigned region.
This role requires close collaboration with a field-based BDM to achieve regional targets in the Buy to Let and Bridging sectors. This is a superb opportunity for a Mortgage Advisor keen to move away from advisory work or a telephone business development manager or broker desk specialist keen to secure their next opportunity or broaden their lending experience as we can consider mortgage backgrounds from the residential, Buy to Let or bridging sector.
Responsibilities:
* Develop and nurture relationships with introducers to meet new business targets.
* Develop an in-depth knowledge of BTL and Bridging products, criteria, processes, and unique selling points (USPs).
* Assess inquiries, generate terms, and advance applications within specified service level agreements (SLAs).
* Collaborate with regional field BDM to optimize sales opportunities and manage intermediaries in the region.
* Communicate with introducers, addressing new business inquiries promptly.
* Maintain accurate records in reports/CRM system, documenting discussions and activities.
* Ensure intermediaries are well-informed about new products and features, keeping the company's offerings top-of-mind.
* Stay current on the firm's product portfolio and criteria.
* Stay informed about competitors' products, criteria, and market trends relevant to the role.
* Stay knowledgeable about general market trends and news that impact sales.
* Proactively engage with new/existing/lapsed intermediaries, promoting BTL and Bridging products.
* Conduct thorough fact-finding with intermediaries to assess opportunities and identify suitable firms for collaboration with the field BDM.
* Schedule virtual meetings with intermediaries to present BTL and Bridging propositions and USPs.
* Evaluate inquiries through phone and email, identifying sales opportunities and developing expertise in deal structuring.
* Articulate product features and benefits across both BTL and Bridging products.
* Follow up on issued terms (bridging) and agreed deals (BTL) within SLA to progress them into applications, addressing objections to secure deals.
* Introduce new firms registering via broker support and provide information on key contacts for support in the region.
* Inform intermediaries about changes to BTL and Bridging products through phone or email.
* Support field BDM with firms during on-the-road appointments to maintain an excellent service proposition.
* Log all activities in Hubspot (CRM system).
Experience required:
* Experience in a sales role or a broker liaison role
* Experience gained within the bridging or buy-to-let sector
* Great call-handling, listening and influencing skills
* Ability to build successful relationships
* Ability to multi-task to ensure SLA's are met
* Confidence to pursue leads and overcome objections
Trusting Stellar Select:
At Stellar Select, our commitment goes beyond recruitment; it's about crafting experiences that elevate your career journey. We take pride in delivering excellent services to our candidates and always going the extra mile to ensure your success.
For more information regarding the role of Internal BDM (BTL and Bridging), please contact us.
Stellar Select is acting as an employment agency and is a corporate member of the REC
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