Portfolio Manager – Development Finance
Leeds | £65,000 Salary |Hybrid Working (50% Office / 50% Remote)
We are seeking an experienced Portfolio Manager to join a Development Finance team in Leeds. This is a key role focused on overseeing a portfolio of residential development loans, supporting SME housebuilders across the UK, and ensuring strong credit stewardship throughout the project lifecycle.
Reporting to the MD, Development Finance, you will play a central role in monitoring performance, identifying emerging risks early, and working closely with Lending Directors and Relationship Managers to protect and enhance portfolio quality.
This is a hands-on position requiring strong analytical capability, commercial awareness, and the confidence to engage directly with borrowers and professional advisers.
Key Responsibilities
Portfolio Oversight & Credit Stewardship
* Monitor loan expiries, interest tranches, construction milestones and sales performance
* Conduct site inspections to assess build progress, quality and budget adherence
* Review cashflows and variance analysis against approved models
* Support restructuring recommendations and prepare credit papers
Risk Monitoring & Reporting
* Complete monthly delay and cost overrun analysis
* Monitor unit sales performance and flag slow sales or undervalue risks
* Maintain accurate portfolio data and management systems
* Produce high-quality reporting for Committee and periodic credit reviews
Collaboration & Relationship Management
* Partner with Lending Directors, Relationship Managers and Credit teams
* Build strong relationships with borrowers, monitoring surveyors, valuers and legal advisers
* Contribute to annual credit reviews and portfolio strategy discussions
* Support enhancements in reporting systems (Keystone, Tableau)
Experience required
* 3–5 years’ experience in property lending or development finance
* Strong understanding of residential development funding structures
* Commercially aware with strong analytical and credit assessment skills
* Excellent stakeholder management and communication capability
* Ability to travel for site visits
* Basic construction knowledge (desirable)
* Experience with Phoebus, Keystone or Tableau (advantageous)
You will be detail-driven, proactive in identifying risk, and comfortable operating in a dynamic, project-based lending environment.