Grow with UTB

A new job opportunity with United Trust Bank.

Business Development Manager | Deposits

A new opportunity to work in our Deposits team where you will be working within Deposit Solutions Team to generate and drive new business activity by identifying and developing relationships with Key Business Introducers (KBIs) such as lawyers and accountants.

Job Reference: DP033-24
Department: Deposits 
Reporting to: Savings Distribution Manager
Location: London 
Work pattern: Hybrid 

Job description

Plus in a circle
Minus in a circle

This is a hybrid role – 3 days in the office (City of London location) and 2 days working from home.

Role Purpose: 

 A member of the UTB Deposit Solutions Team who are responsible for developing a diverse portfolio or deposit balances from several markets:

  • Working within Deposit Solutions Team to generate and drive new business activity
  • Analysing prospect data and targeting opportunities in line with agreed target sectors
  • Leveraging new business tools to promote the UTB Deposits proposition and increase contact in the prospect pools
  • Identifying and Developing relationships with Key Business Introducers (KBIs) such as lawyers, accountants


  • To support and drive the raising of new deposits in line with UTB Deposits strategy
  • Being responsible for calling programmes and managing prospect lists
  • Build and relationship manage a network of firms for introducer business
  • Work alongside Marketing team to further support business development activity
  • Use product knowledge and market expertise to sell, market and develop the Banks proposition within agreed target sectors
  • Utilise existing networks of commercial decision makers and treasury teams to promote UTB Deposits proposition
  • Help to manage the team’s pipeline and opportunities using CRM system
  • Keeping track of new products on offer in the wider deposits market and feedback to UTB Product team
  • Weekly, monthly and ad-hoc reporting of volumes and performance
  • Attendance at networking events and conferences relevant to the target sector

Skills and Experience sought:

  • Proven experience working in a business development role, ideally within a deposits team
  • Strong relationship management experience
  • Experience in managing relationships with Professional Practices
  • Good understanding of UK savings market – products, market participants etc.
  • Good understanding of compliance aspects of deposit taking (e.g. KYC)
  • Ability to identify new business opportunities in a fast-paced environment
  • Commercial outlook, with a passion for delivering positive customer outcomes
  • Strong communication skills: listening, oral, written and presenting
  • Ability to quickly assimilate, analyse and conclude on information
  • Ability to build strong relationships with senior division heads
  • Time management skills with the drive and resilience to work
  • under pressure to tight timescales whilst paying attention to detail
  • Ability to apply core disciplines such as leadership, motivation, prioritisation and planning

About UTB

Plus in a circle
Minus in a circle

UTB is a dynamic and expanding specialist bank that provides solutions to our customers and brokers, which help them achieve their ambitions. Recognised as being one of the most dependable and well-respected Specialist Banks in the UK, we were delighted to see our balance sheet exceed the £2bn mark in 2022.

Exceptional customer service and the ability to provide rewarding deposits accounts and flexible lending solutions have helped us to develop productive and enduring relationships with our customers. We understand that their success is our success and that the quality of our people and teams, is key to delivering special outcomes for them.

We also understand that the performance of our people is directly linked to the culture in which they work. There is a strong sense of community at UTB and as well as promoting a clear set of internal values, and providing a wealth of facilities for training, personal development, and team building, we run a busy and varied calendar of engagement and social activity. Typical recent examples include: Pizza Lunch Days and Coffee Catch-ups; London Marathon and Sahara Challenge Sponsorships; Success Sharing and Value Awards; and Awesome Autumn social events ranging from Theatre Trips, Cocktail Mixology, and Cookery Classes, to Go-karting, Mini Golf and Clay pigeon shooting.

Employee benefits

Plus in a circle
Minus in a circle
  • Competitive Salary and Bonus package
  • 26 Days Holiday
  • 2 Wellbeing Days
  • Contributory Pension
  • Life Insurance / Income Protection / Critical Illness cover
  • Private Medical Insurance
  • Season Ticket Loans
  • Excellent career development opportunities and where appropriate sponsorship of a relevant qualification

Apply Now

Plus in a circle
Minus in a circle

Thank you for your interest in our current vacancy. Please click the link below to complete your online application.

Click here to apply >

Why UTB?

Celebrating success: what our people say about working at UTB.

Employee Benefits

Working for UTB means it has to work for you too!



Our purpose vision and culture

How we are creating an internal cultural blueprint for working life at UTB.


Get a flavour of the many events and activities across the Bank.