Business Development Manager - Wholesale Deposits

  • GBP65000 - GBP75000 per annum
  • London, England, United Kingdom
  • Permanent, Full time
  • Michael Page
  • 28 Nov 17 2017-11-28

My client is a the London office of an International Bank with a wholesale banking license in the UK. They are looking to diversify their funding base and are looking for a Liabilities Manager with a strong track record in sourcing deposit opportunities. They want a driven individual to develop new product to source new deposit opportunities to meet business targets.

My client is an International Bank with a wholesale banking license to operate in the UK. Their offices are located in London.


Key Accountabilities

Finding new deposit opportunities for the Bank, onboarding, and then managing these relationships with a view to growing them.


  • Source new wholesale deposit opportunities
  • Plan, propose, develop, launch, monitor and review liability products required to meet business targets
  • Continuously scan the competition/market and report on emerging trends or any new development or business opportunities for liability products
  • Review, monitor and continuously enhance existing products to ensure best in class standards
  • Develop new products and enhance service propositions to increase market competitiveness and enhance brand value
  • Work with CBO to filter and to pitch to win business
  • Liaise with various departments within the Bank to ensure that the deposit business can be managed operationally
  • Onboard the new relationship according to the Bank's onboarding procedures
  • Be the relationship manager for deposit clients
  • Grow these relationships over time
  • Ensure compliance and local regulatory requirements are adhered
  • Maintain awareness of operational risks including its identification, assessment, mitigation and control


The successful candidate for the position will have an outstanding track record for sourcing SME/Corporates focusing on invoicing discounting, supply chain finance and wholesale deposits.

Job Offer

This role is paying up to £75,000 base salary as part of a competitive overall compensation package