Job Reference: AJM 1966
Salary: Basic: 28-45K plus bonus plus car plus profit share plus 30 days holiday.
Job Type: Asset Finance, Business Banking, Commercial Banking, Factoring Inv Discounting
Location: London (Central), London (North), London (East), London (South), London (West)

Business Development Manager - Factoring / Invoice Discounting London SE

Our Client is a major UK Bank with an established Factoring and Invoice Discount Division specialising in providing asset based lending to Businesses with T/Os of 1-25 million.

With a background in Asset based lending or Invoice and Factoring Finance or Retail or Commercial Banking or Asset Finance or Leasing your role will be to source Business from the Banks Commercial Banking Portfolio using the Banks local offices as a reference point.

On a day to day basis you will visit the local Commercial offices and review and visit existing relationships with the Bank with a view to targeting customers with various Asset based lending products such as Factoring / Invoice Discounting, Stock Finance,  Trade Finance, Commercial loans and Leasing products.

You also will be responsible for structuring any resulting potential deals as well as putting together financial information for Credit approval. Any new business  will then be passed onto a Relationship Manager who will then be responsible for the day to day management of the facilities agreed.

To succeed in this profession you will need to be good at what you do; you will have a proven track record; you will know the value of good preparation, individual initiative and hard work; you will also be ambitious and want a challenging career.

In return you will be offered a competitive basic salary, an open ended performance bonus, pension scheme and generous share options. Other benefits include car, BUPA, Concessionary mortgage and 30 days holiday.