Property Business Development Manager
Contract Type: Permanent
My client is a credit led loan origination and management platform in the Alternative Finance sector. They focus 100% on residential property professionals who are looking for both property development and/or bridging finance. They were the first specialist residential property lender to gain full FCA authorisation and regulation to operate an electronic platform for lending. They are looking for a Business Development Manager to cover Leeds.
The focus of the role is to promote the company’s lending products to key influencers in the property development market in the specific area. This will include brokers and property professionals as well as property developers who are looking for finance for construction, refurbishment and conversion projects.
The role is suitable for a self-starter who is highly motivated, enjoys working in a target driven environment and has experience in property lending. The role is home based with full administrative and marketing support provided by an established Head Office team.
Salary; £60,000- £75,000 Basic
Hours; Home Based, 37.5 Hours.
Location; Home Based but you will be covering Leeds
Origination and execution of residential development and bridging deals to create a strong pipeline of deal flow
Building and developing new and existing relationships with Brokers and Developers alike
Researching new deals or enquiries to assess the suitability of the security
Define and execute our sales and marketing strategy across all property developers (direct) and via brokers and partners (indirect)
Ability to be involved in every aspect of the lifecycle of the deal – structuring, underwriting and executing
Ongoing management of the deal by attending monthly meetings on site and manage monthly reporting
Recommending appropriate LTV, rate, term and interest terms
Reviewing of Property Valuations and Monitoring Surveyor Reports
Achieve and exceed sales targets as set by Head of Business Development
Writing deal synopsis
Build awareness of the brand and products (with aid of the marketing team)
Developing a rational for unusual cases and communicate options and views to credit teams and their consideration
Owning and understanding the dynamics of your region to ensure that the strategy is regularly reviewed and adjusted where necessary
Monitoring of ongoing projects through regular dialogue with valuers and monitoring surveyors including site visits
Swift identification and internal escalation of potential problems during the application process
Credit skills in finance and/or residential development
Network of existing contacts, development brokers, etc.
High street banking experience for development
Worked with an alternative finance provider (desirable)
Strong technical skills
Right attitude and self-starter
Strong communication skills
Someone who would not struggle operating remotely and independently.
The successful candidate will be able to hit the ground running; has the required contacts and does not mind remote working. A set of skills and experience required are having a high street banking background with technical knowledge but also ability to bring new business in.