Business Development Consultant, Lloyds
£47.8-55k
+ Share schemes including free shares & An annual performance-related bonus
2 days a week in office
Retail and commercial bank
Be an early applicant
Retail and commercial bank
1001+ employees
Be an early applicant
£47.8-55k
+ Share schemes including free shares & An annual performance-related bonus
2 days a week in office
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- Possess an in-depth understanding of the workplace pensions market, complemented by a sound knowledge of current legislative and regulatory developments within the pensions industry
- Strong personal credibility and the ability to engage confidently with stakeholders at all levels
- Demonstrate problem-solving skills, with a track record of developing original and timely solutions to complex challenges, and an openness to innovative ideas and new ways of working
- Excellent organisational skills, with the ability to manage workloads, maintain accurate records, and ensure robust reporting processes
- Outstanding interpersonal skills, with the ability to build strong relationships both internally and externally
- An engaging, credible, and inspiring communicator in both email and verbally
- Proven influencing and negotiation skills
What the job involves
- The role of the Business Development Consultant (BDC) is to provide critical support to the Business Development Managers who manage a panel of Corporate Advisers and Intermediary Workplace clients to help achieve strong business growth
- This complements our focus to build strong relationships, acknowledges our evolving market and inspires confidence in our plans to deliver good customer outcomes
- Collaborating closely with Workplace Adviser Business Development Managers (BDMs) to fully understand and deliver on our business strategy within the Corporate Adviser and Intermediary market
- Developing a deep understanding of our approach across the various account panels, recognising their unique differences and tailoring strategies accordingly
- Taking ownership of short-term account-level activities, agreeing and executing tasks in partnership with Workplace Adviser BDMs
- Building and maintaining up-to-date knowledge of our full proposition and roadmap, confidently presenting these where relevant
- Supporting and leading on complex scheme enquiries and re-designs, ensuring client needs are met with professionalism and expertise
- Supporting new business opportunities out with owned account panels
- Acting as a key point of contact for service-related issues, collaborating with stakeholders across our Operations network to resolve challenges and proactively identify emerging trends in partnership with Workplace Adviser BDMs
- Having an active role in shaping Workplace Adviser strategy, bringing insights and ideas to planning sessions
- Gathering and sharing market intelligence on peers and competitors, feeding valuable insights back into our propositions
- Building rapport, trust, and customer confidence, presenting a professional image of Scottish Widows with Corporate Advisers and Intermediaries
Application process
- End Date: December 27, 2025
Our take
Lloyds Bank, part of Lloyds Banking Group, began operations back in 1765 and is nowadays one of the UK’s leading retail and commercial banks. As with many leading banks, the company has dealt with its share of controversy – including for its handling of PPI complaints in 2015, and the 2009 European Commission ruling that forced it to part ways with TSB – but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
Of the company’s 26 million customers, over 18 million of them are online, making it the largest UK digital bank. As part of its ongoing digital transformation, the company is seeking to put the cloud at the front of its services and systems, and has cited intentions to invest heavily in overhauling its current technology infrastructure. All this seeks to serve the modern banking customer, and to compete with the fast-increasing number of alternative banking options appearing on the market.
Recently, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on FinTech Action Labs (a FinTech accelerator programme) to bring its industry expertise to early-stage FinTechs. As well as investment in digital transformation and AI, the company is enhancing its wealth product and corporate banking offerings, as well as expanding its partnerships with digital banking companies.
Steph
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Company benefits
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
Company HQ
City of London, London, UK
Leadership
Charlie Nunn
(Group Chief Executive, not founder)Spent nine years at HSBC, including as Group Head of Wealth Management and Digital, and as CEO of Wealth and Personal Banking.
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