Portfolio Manager - Development Finance (Leeds)
Location: Leeds
Hours: Monday to Friday, 9:00am-5:30pm
Working Pattern: Hybrid (50/50)
Reports to: Jason Wilmot
Department: Development Finance - Portfolio Management
About the Role
We're looking for an experienced, detaildriven Portfolio Manager to join our Development Finance team. This role is central to supporting SME housebuilders across the UK through handson portfolio oversight, strong credit stewardship and proactive relationship management.
You'll work closely with Lending Directors, Relationship Managers, borrowers and professional partners to monitor development projects, identify risks early, and ensure facilities progress in line with approved budgets, timelines and sales strategies. This is a fantastic opportunity for someone passionate about property development finance and keen to play a key role in enabling the delivery of homes across the UK.
Key Responsibilities
Portfolio Oversight & Credit Stewardship
* Monitor loan expiries, interest tranches, construction milestones and sales progress.
* Conduct site inspections to assess build progress, quality, budgets and schedules.
* Liaise with Quantity Surveyors, borrowers and construction teams.
* Review cashflows and variances against approved models to identify early risks.
* Support restructuring recommendations and prepare credit papers and memos.
Risk Monitoring & Reporting
* Complete monthly time delay and cost overrun analysis.
* Monitor unit sales and identify slow sales or undervalue risks early.
* Maintain accurate records and portfolio management systems.
* Produce highquality portfolio reports for Committee and periodic reviews.
Collaboration & Relationship Management
* Support Lending Directors, Relationship Managers and Credit teams.
* Build strong relationships with borrowers and professional partners.
* Input into departmental portfolio overviews and annual credit reviews.
* Contribute to enhancements in systems and reporting (Keystone, Tableau).
* Assist in developing borrower retention strategies for repeat and new business.
Who You'll Work With
You'll collaborate with:
* MD, Development Finance
* Lending Directors & Relationship Managers
* Credit & Risk teams
* Monitoring surveyors, valuers, lawyers and other external professionals
What We're Looking For
* Strong experience in property lending or development finance
* Excellent relationshipbuilding skills with borrowers and professional partners
* Strong analytical capability and attention to detail
* Understanding of residential development finance
* Basic understanding of construction (desirable, not essential)
* Good awareness of UK property market trends
* Ability to travel for site visits
* Excellent communication skills
* Experience with Phoebus, Keystone or Tableau is beneficial
Benefits
* Competitive remuneration
* Discretionary annual bonus
* Annual pay review
* Private Medical Insurance (Bupa)
* Mental health & wellbeing support via YuLife & Bupa
* 25 days annual leave (increasing with service) + Holiday Buy Scheme
* Cycle to Work Scheme & Green Car Scheme
* Enhanced family leave
* Study support & professional memberships
* Hybrid working (50/50)
* YuLife rewards - lifestyle & retail discounts
* Pension scheme - 8% employer contribution (noncontributory)
* Interestfree season ticket loan
* Annual volunteering day & Net Zero employer commitment
If you're passionate about development finance, confident in navigating complex property projects, and want to help support the delivery of highquality homes across the UK, we'd love to hear from you.