The Business Development Executive will primarily focus on providing pro-active support to the Director and members of the Business Development (‘BD’) Team. They will support the team with client acquisition, supporting the growth aspirations of the Team, and management of business intermediary platform, including day-to-day tasks, and compliance reviews.
The role will involve the close collaboration with key business partners and stakeholders including client facing banking teams, marketing, risk functions, back-office service departments, operations and IT.
The role will be required to represent the team at internal partner and prospect / partner meetings, acting as Brand Ambassador for the business, empowering collaboration and a growth mindset.
Where applicable, to place the interests of customers at the centre of all activities, act in a way that is consistent with achieving good outcomes for consumers; and to comply with the FCA and PRA's Conduct Rules.
Key Responsibilities:
- Supporting the Growth Director, manage the business introducers and wider team in growing and developing new to bank opportunities across both Commercial and Private Banking, supporting the BD team to achieve their targets.
- Identify new sales opportunities, develop sales pitches and analysing target clients
- Alongside BD managers and Directors, attending prospect / partner meetings to establish strong working relationships.
- Manage business introducers – including onboarding, and ongoing due diligence.
- Take ownership and support the BD Team
- Preparing business introducer forms.
- Responsible for keeping records updated.
- Instigating and maintaining business introducer files including SLAs.
- Complete compliance regulatory exams (as required), adhering to both legal and regulatory requirements.
- Ensure money laundering/Know Your Customer procedures are implemented correctly and accurately.
- Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.
Key Interfaces:
- BD Team
- Maintain excellent relationships with Private & Commercial Banking, ALIM, Operations, Treasury and Compliance
- Partners, prospects and clients