Business Development Manager

Manchester, England, United Kingdom

12/9/2024

Let Us Tell You a Bit About Us

We’re Aldermore – the award-winning bank, trusted and highly rated by over a quarter of a million customers for more than a decade. With our range of specialist mortgages, savings accounts and business finance solutions, we're backing more people to go for it.

We thrive by saying “yes” to our customers. We respect the ingenuity of entrepreneurs and their startups; we give first-timers a leg-up onto the property ladder; we open up the lending market to many; and thousands of customers chose Motonovo Finance every week to buy their next car, van or motorbike.

This is where you come in. We are on a journey. A journey defined by a destination; to deliver on our purpose.

Let Us Tell You a Bit About The Opportunity

As a pivotal member of our commercial lending team, you will spearhead the origination and execution of commercial investment, specialist sector, and property development loan applications from inception through to completion. Your expertise will drive the seamless management of broker and case pipelines, ensuring a smooth and efficient process for all parties involved.

In this dynamic role, you will make strategic and well-informed recommendations to the Bank’s credit function, fostering the growth of our lending book in alignment with our business strategy. Your keen understanding of policy and criteria will be essential in ensuring all loan applications meet our high standards and regulatory requirements.

Additionally, you will play a crucial role in cultivating and managing relationships with introducers and key accounts, reflecting our commitment to exceptional service and partnership. Your efforts will be guided by the bank's cultural values, ensuring that all interactions and transactions uphold our dedication to integrity, excellence, and customer satisfaction. Join us and become an integral part of our mission to deliver innovative financial solutions, driving success for our clients and our bank.

To act as an ambassador of the Bank’s vision to; Back more people to go for it in life and in business.

What will your day look like?

You will report into the Head of CRE Originations, and have responsibility for:

• Development of broker and direct to bank borrower relationships.
• Originate new business from a range of introductory sources in order to meet agreed personal new business targets as set from time to time by the company’
• Completing due diligence on loan applications adopting robust credit assessment skills to recommend the basis on which risk is taken.
• Negotiation of terms to secure transaction mandate aligned to risk appetite and required returns.
• To prepare and submit new business files to credit committee, ensuring that they meet the required company standard and contain the information required, allowing the underwriter(s) to assess the proposal quickly and accurately
• Oversee, in conjunction with support staff, the draw down process to ensure offered facilities are drawn as smoothly and quickly as possible.
  
  

What do we expect from you?

• Experience in the origination and execution of Property Development finance loans.
• Experience in the origination and execution of the Commercial Mortgage loans, with knowledge of financing commercial and residential investment loans as well as operating businesses to include but not limited to: PBSA, Healthcare and Hotels.
• The ability to assess complex lending proposals, identify risks and structure/ negotiate debt solutions, aligned to Aldermore risk appetite.
• The ability to prepare high quality lending submissions, ensuring all key risks are identified and mitigated.
• The ability to present new business proposals to senior stakeholders in risk/credit forums.
• A good understanding of post approval processes to ensure due diligence is completed as required to facilitate an efficient customer journey and loan completion.
  
  

What can you expect from us?

• A friendly and flexible culture, the same as how we work with our customers.
• A growing organisation that means there’s lots of opportunities to progress
• A drive for continuous improvement, which you will be empowered to get behind from day one.
• And of course, you will be rewarded competitively, with a good range of core benefits and bonus potential.
  
  

Still curious?

Join us and we’ll make the same promises to you as a colleague, as we do to each of our customers. We’re committed to building a working environment that values respect, diversity, and compassion. We welcome people regardless of age, disability, gender identity, marital status, race, faith or belief, sexual orientation, socioeconomic background, and whether you’re pregnant or on family leave.