Strategic Business Development Director

Review: Strategic Business Development Director - Unlock Your Growth Potential at Lloyds Banking Group

For ambitious professionals seeking a pivotal role in shaping the future of financial services and driving significant business growth, this Strategic Business Development Director position at Lloyds Banking Group presents a compelling opportunity. The role is designed for individuals with a proven track record in business development and a deep understanding of the intermediary wealth platform landscape. If you're ready to leverage your expertise, forge strategic alliances, and contribute to a purpose-led organisation, read on to discover the advantages and key considerations for your career path.

Key Advantages for Candidates:

• Significant Impact and Strategic Influence: This role offers a chance to be at the forefront of growth for the Intermediary Wealth Platform. You'll be instrumental in shaping strategy, identifying new partnership opportunities, and driving profitability, directly contributing to the company's market ambitions.
• Prestigious and Established Brand: Joining Lloyds Banking Group means becoming part of a trusted and respected financial institution. This provides a strong foundation for career progression and access to a vast network of resources and relationships.
• Competitive Compensation and Benefits: The salary range of £93,411 - £107,943, coupled with a generous pension contribution (up to 15%), discretionary annual performance-related bonus, and share schemes, signifies a recognition of the value and responsibility of this senior position.
• Emphasis on Flexible Working: Lloyds Banking Group champions flexible working arrangements, including hybrid working and flexibility in when hours are worked. This allows for a better work-life integration, enabling you to balance professional responsibilities with personal needs.
• Opportunity for Professional Development: The description highlights a dynamic and evolving function, implying a commitment to continuous improvement and a supportive environment for professional growth and learning.
• Purpose-Led Organisation: Lloyds Banking Group's clear purpose to "help Britain prosper" offers a sense of fulfillment, knowing your work contributes to the betterment of customers, businesses, and communities.
• Commitment to Diversity and Inclusion: The organisation's strong focus on creating an inclusive workplace where everyone can thrive, coupled with initiatives for diversity in senior roles and support for under-represented groups, makes this an attractive environment for many professionals.

Key Considerations for Your Career Path:

• Senior-Level Partnership Development: This role requires a sophisticated approach to engaging with C-suite executives and securing long-term, mutually beneficial partnerships. Candidates must possess exceptional relationship-building and influencing skills.
• Deep Industry Knowledge: A strong understanding of financial advice, B2B & D2C investment markets, and platform technology, along with an awareness of current trends, is crucial for success. Leveraging existing industry connections will be a significant asset.
• Strategic Vision and Execution: You'll be expected to not only identify opportunities but also to drive the strategy and ensure robust contracting and smooth handover processes for new white label partnerships. This demands both strategic thinking and strong execution capabilities.
• Analytical Prowess: The ability to analyse a range of information and metrics to identify and prioritise actions is paramount for driving profitability and market share growth.
• Geographical Focus: While flexible in working patterns, the role requires a base in Edinburgh due to the geographical territory covered, so proximity or willingness to relocate to Edinburgh is essential.
• Adaptability and Collaboration: The evolving nature of the function and the need to collaborate across different teams within Lloyds Banking Group mean that adaptability, problem-solving, and a collaborative spirit are highly valued.

This Strategic Business Development Director role offers a substantial platform for a seasoned professional to make a significant impact within a leading financial institution. By focusing on building strategic partnerships and driving growth, you'll be contributing to the ongoing success of Lloyds Banking Group and playing a key role in shaping the future of wealth management. If you possess the required experience, a strategic mindset, and a passion for driving results, this opportunity is well worth exploring for your career advancement.