Broker Manager – East Midlands to North East Sales Area – Base salary to £70,000 OTE to £120,000
Our client are a well known and highly respected funder are interested in further expanding their national broker sales team with an additional Broker Manager hire to manage a sales area from East Midlands to North East.
Today they have terms of business in place with over 400 lease brokers nationally and trade with over 200 regularly.
You will join a national sales team that is focused on the financing of both hard and soft assets. The primary objective is to increase our clients share of business from each broker by building on existing relations with broker principals, their management teams and crucially their own sales staff where the broker sales staff exercise a personal choice of which funder to place a deal with.
You will work closely with our clients management team and also regional credit and operations staff to achieve this.
Targets are very achievable but will vary in size depending on the salary level of the hire. At the top end of the salary range the typical target would be at least 50% + higher than at bottom end but to us even the top end of the target range seems eminently achievable given our clients credit policy , deal size appetite and flexibility.
We are happy to share the size of target and target margins, average term and average deal sizes and their range of competitive products with serious and suitably qualified applicants.
We are primarily seeking applications from experienced broker managers living on the sales area and who have a demonstrable record of success working with brokers and who wish to work an environment that provides genuinely uncapped earning potential.
Leading broker managers at our client are earning over £160,000 per annum.
We will also consider applications from business developers who have similar intermediary driven finance experience gained from working with dealers whom we feel can make the transition to become a broker manager.
Our clients would prefer to hire someone located in the middle of the sales area but are flexible about your location as long as you are based on the sales area and are willing to travel across the whole area to fulfil the role , what matters most is getting the right fit.
In this regard you will need to be a focused team player and also someone who has the skills and desire to get involved in helping structure and win larger deals for your brokers
Deals closed have been to as high as £1.5m in the recent past and occasionally higher than this so you will need some reasonable knowledge of documentation and deal structuring.
You must also be some who genuinely needs a high and uncapped income, we are expressly not seeking applications from those who can live on the base salary so please do not apply if you cannot demonstrate this requirement.
Salary range up to £70,000, depending on experience plus excellent monthly paid commission.
Typical average monthly commissions for an on target performance are £4000 per month and with totally uncapped earning potential.
All usual large company benefits apply including a company car and a generous pension are also provided.
Robinson Toms Recruitment
Shropshire SY11 3NA
Tel : + 44 (0)1691 – 670466
Fax : + 44 (0) 1691 – 672899
Robinson Toms Recruitment is a trading name of Robinson Toms Recruitment Limited. Registered in England co registration no 4081427. VAT registration no 831 6367 29
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