Business Development Director – Deposits

Cynergy Bank; Manchester; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading financial institution in the UK is looking for a Business Development Director to enhance their deposits and transactional banking solutions. This role requires developing strategies to attract low-cost deposits, driving the acquisition of business accounts, and building strong client relationships. Candidates should have proven experience in business development, strong relationship-building skills, and commercial acumen. The position offers a competitive salary, annual bonus, and hybrid working options.

Benefits

Competitive salary + annual bonus

25–30 days holiday

Award-winning pension savings scheme

Healthcare, life assurance, and income protection

Hybrid working (3 days office, 2 from home)

Training and development opportunities

Qualifications

• Proven experience in business development and cash deposits.
• Strong relationship-building and stakeholder engagement skills.
• Knowledge of deposit products and cash management solutions.

Responsibilities

• Develop and implement strategies to attract stable, low-cost deposits.
• Drive acquisition of Business Current Accounts and Business Savings Accounts.
• Build and maintain strong client relationships to understand cash management needs.
• Identify new business opportunities across sectors, focusing on liquidity and deposit growth.
• Collaborate with internal teams to align deposit-gathering activities with wider business objectives.
• Monitor KPIs and market trends to inform strategy and continuous improvement.
• Represent Cynergy Bank at industry events and networking opportunities.

Skills

Business development experience

Relationship-building skills

Commercial acumen

Job description

Overview

Cynergy Bank was established in 2018 by entrepreneurs to serve the needs of business owners, property entrepreneurs and family businesses. We have a strong track record supporting businesses that want to scale up and provide over £3bn lending to scaling businesses across the UK. We also offer retail deposits to UK savers. Our vision is to provide a truly personalised service delivered through face-to-face relationships and enhanced by the latest technology.

Business Development Director – Deposits

Shape the future of deposits and transactional banking solutions at Cynergy Bank. At Cynergy, we call it Human Digital Banking by combining the agility of a fintech with the trust of a traditional bank. As a Relationship Director, you will drive strategies, build strong client relationships, and help us deliver innovative deposit solutions.

Why Join Us?

We know the best people want more than just a job. At Cynergy you will find:

• Impact – Lead strategies to attract low-cost deposits and improve net interest margin.
• Growth – Opportunities to influence product development and expand your network.

Flexibility

– Hybrid working (3 days in office, 2 from home).

Culture

– Collaborative, client-focused environment where your ideas matter.

Rewards

– Competitive salary, annual bonus, and a benefits package designed around you.

The Role

This is a strategic relationship role where you will combine business development expertise with a deep understanding of transactional banking, deposits and liquidity solutions.

In this role you will :

• Develop and implement strategies to attract stable, low-cost deposits.
• Drive acquisition of Business Current Accounts and Business Savings Accounts.
• Build and maintain strong client relationships to understand cash management needs.
• Identify new business opportunities across sectors, focusing on liquidity and deposit growth.
• Collaborate with internal teams to align deposit-gathering activities with wider business objectives.
• Monitor KPIs and market trends to inform strategy and continuous improvement.
• Represent Cynergy Bank at industry events and networking opportunities.

What You will Bring

• Proven experience in business development and cash deposits.
• Strong relationship-building and stakeholder engagement skills.
• Knowledge of deposit products and cash management solutions.
• Commercial acumen and ability to identify growth opportunities.

About Cynergy

Cynergy Bank is the UK’s human digital bank, serving scale-up businesses, professionals, and individuals who value personal service enabled by great technology. We recognise that professional and personal lives often overlap, and our mission is to help customers achieve their ambitions by supporting all their interdependent banking needs.

Our human-and-digital model transforms banking for customers who want face-to-face relationships backed by innovation. Since 2018, we’ve lent over £3bn to scaling businesses and partnered with firms like Google Cloud, Cigniti, and Slalom to deliver the future of banking.

We’re guided by our values — putting customers first, embracing innovation, working as a united team, and always doing the right thing .

Learn more about us at cynergybank.co.uk/about-us

Benefits & Rewards

At Cynergy Bank, we believe in supporting you inside and outside of work — from financial wellbeing to health, career growth, and community impact.

Some of our benefits include :

• Competitive salary + annual bonus
• 25–30 days holiday (with the option to buy 10 more)
• Award-winning pension savings scheme
• Healthcare, life assurance, and income protection
• Hybrid working (3 days office, 2 from home)
• Training and development opportunities

And that’s not all! Our benefits are designed to keep you supported and thriving. Explore the full package at cynergybank.co.uk/about-us/careers/benefits-and-rewards