Braun Board

Business Development Manager - FTC (3-6 months)

Castle Trust Bank · Remote · UK

Base
Not disclosed
OTE
Not disclosed
Posted
12d ago

Still open · checked 2h agoon Castle Trust Bank's careers page

The job

What you'd do
Find and win new partnerships with small and medium-sized retailers, working from home and travelling within the UK when needed. You'll generate your own leads through cold outreach and sales campaigns.
Who you'd sell to
Small and medium-sized retailersIn their words: “developing new partnerships with small and medium-sized retailers”
Where deals come from
Mostly you. Expect a lot of outbound: cold calls, emails and LinkedIn.

The Braun Read

Ask hard questions

Too much is left unsaid. Make them answer before you invest.

Pay
No pay listed at all.
Transparency
Says nothing about quota, attainment, deal size, territory or sales cycle.
Time on market
Open 12 days.
Company hiring
This is their only open sales role.

Based only on what the posting says. Lights are a starting point for your first call, not a final judgment.

Questions to ask on the first call

Built from what this posting leaves out. How they answer tells you as much as what they say.

  1. 1.

    What percentage of fully ramped reps hit quota last year?

    OTE is what you could earn. This is how likely you are to earn it.

  2. 2.

    What are the base and the OTE for this role?

    No point investing hours before you know the number.

  3. 3.

    What's the annual quota, and how was it set?

    A quota built from real data is a target. Otherwise it's a hope.

  4. 4.

    What share of last year's closed deals did reps source themselves?

    Shows how much pipeline you'll have to build on your own.

  5. 5.

    How long is ramp, and what's the quota during it?

    Full quota on day one means you start behind.

  6. 6.

    Why is this role open? Did someone leave, or is it new?

    New headcount is growth. A replacement means someone left. Ask why.

› When the offer comes

Save these for later. They land better once they've said yes to you.

  1. 1.

    Can I see the full comp plan in writing, including clawbacks and accelerators?

    What's in writing is what gets paid. Read it before you sign.

  2. 2.

    Can I see the actual comp distribution for the team last year, not just the OTE?

    The spread shows what most reps really take home. OTE is just the target.

  3. 3.

    I'd be walking away from earned commission to join. Is there room for a sign-on bonus to help cover that?

    Leaving money behind is a fair reason to ask. The worst answer is no.

Josh's top five questions for any sales interview →

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Full posting
Are you a consumer finance professional looking to make to make a real contribution to an exciting growth story as a BDM? Maybe you work in Retail Finance, Motor Finance, or in a broader Consumer Finance setting today? If so, we’d love to hear from you. “Turn promising prospects into lasting partnerships” Are you an experienced Business Development (BD) Manager, BD Executive, or a sales-oriented Account Manager who enjoys opening doors, building commercially valuable relationships and taking ownership from the first conversation through to successful onboarding? At Castle Trust Bank, we pride ourselves on being a fintech challenger bank, providing specialist property mortgages, retail finance lending and savings accounts to a variety of customers.  We’re looking for a proactive and commercially astute Business Development Manager to join our Omni Commercial Sales team. You’ll take ownership of prospecting and developing new partnerships with small and medium-sized retailers, becoming a trusted expert within your allocated market sectors and their competitive landscape. This is a real opportunity to join a business with strong fundamentals in place, where you can truly drive results in a way that will enable to you grow and evolve with the business. Please note, this is a fixed term contract opportunity lasting 3-6 months initially, but with potential longer term opportunities. All benefit entitlement would be pro-rated based on the permanent equivalent below. This role is based from home, with national travel as required. The role and what you’ll lead and deliver: You’ll manage the complete business development cycle, combining targeted prospecting with consultative relationship building and strong commercial negotiation. Your key responsibilities will include: - Developing and delivering a clear prospecting strategy for your allocated market sector or sectors. - Creating and executing outbound sales campaigns to identify new retailer partnerships. - Building and continually developing Omni Capital Retail Finance’s prospect database. - Managing prospects from initial enquiry and first engagement through to onboarding and a successful handover to the Account Management team. - Delivering against financial performance measures, including new retailer partners and loan originations. - Understanding the commercial drivers behind prospective partnerships and developing compelling propositions. - Researching competitors and clearly demonstrating the benefits of partnering with Omni Capital Retail Finance. - Creating and delivering credible presentations to stakeholders ranging from business managers and directors through to C-suite decision-makers. - Preparing and presenting management information and KPI reports internally. - Responding to incoming sales enquiries by email, telephone and personal visits, in line with agreed service levels. - Supporting the management and triage of enquiries received through the Sales Inbox. - Travelling within the UK when required to meet prospective partners and develop new business opportunities (typically infrequent). What you’ll bring: You’ll be a confident new-business professional who is comfortable generating opportunities independently, navigating commercial conversations and influencing stakeholders at different levels. In addition, you’ll have the following experience: Essential - A proven record of meeting or exceeding sales targets within a competitive financial services environment (retail finance exposure not essential). - Strong cold-prospecting and outbound business development experience. - Experience of successfully negotiating and winning deals with prospect accounts. - The ability to understand the key commercial drivers behind business development opportunities and negotiations. - Excellent presentation, communication and stakeholder engagement skills. - Confidence engaging with business leaders, directors and C-suite stakeholders. - Experience working within, and a sound understanding of, a regulated credit environment. - A collaborative approach and the ability to contribute towards wider team targets. - Strong commercial acumen, organisation, relationship management and influencing skills. Desirable - Experience within point-of-sale finance. - Previous experience using Salesforce. - Strong Microsoft Office skills. - A relevant business-focused degree. Why join Castle Trust Bank? - Competitive salary (up to £58,000 per annum) - Generous contributory pension through Hargreaves Lansdown - Life Assurance - 25 days’ holiday + option to buy/sell 5 days - Additional paid volunteering day - Private healthcare through Equipsme (includes cash back for Dental and Optical treatment) - Free access to BHSF Rise EAP to support colleague health and wellbeing - Gym discounts - Season ticket travel loans (if applicable) - A supportive, inclusive culture where your work has real impact Caught your attention? If so, we’d love to talk to you and tell you more about what it’s like to work at Castle Trust Bank - The Place To Work! Castle Trust Bank is an equal opportunity employer where we celebrate diversity and are committed to creating an inclusive environment for all our colleagues to thrive. We welcome applications from all and will not discriminate against any status/characteristic protected by law and will always base our decisions on merit. We are proud to support people with disabilities and are committed to be a Disability Confident employer. If you are a person with a disability and meet the minimum criteria for the role you will be offered an interview. Should you require any reasonable adjustment to support you in your application for one of our opportunities, please contact talent@castletrust.co.uk https://www.castletrust.co.uk/careers/who-we-are
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