My client is a Debt Fund specialising in development (mainly) and bridging finance. They are a small team in growth mode, seeking an experienced Credit / Portfolio Manager to join their busy team.
Responsibilities:
Case management and third-party communication
* Responsibility and management of cases from point of valuation to completion, including liaising with solicitors, valuers and brokers;
* Management of broker and client communications following handover from Sales;
* Updating the management team on the status of cases on a regular basis
* Oversight of Underwriting Assistant’s work on transactions.
Transaction due diligence and risk assessment
* Borrower risk assessment, including assessment of clients’ background, credit reports and financial status, including affordability assessment where necessary;
* Property risk assessment, including of Security Properties including third party valuation, viability of development (if applicable), any issues raised in conveyancing and viability of borrowers exit proposal(s);
* Ensuring all transactions fit within the company’s Credit Policy and identifying changes where necessary;
* Identifying transaction risks and recommending appropriate mitigation where possible;
* Preparing summary reports of each loan for Credit Committee review.
Other general responsibilities
* Ensuring the Company’s compliance policies e.g. AML/data protection etc., are adhered to and any issues are reported to the Compliance Officer;
* Assist the Redemptions and Collections dept. where necessary.
What you will Bring:
* Mandated property underwriting experience (4-5 years minimum);
* Property / Finance related background;
* University level education / 5+ yrs work experience in relevant field;
* CEMAP qualified (preferred but not a must).
* Good knowledge of the mortgage / lending sector;
* Understanding of development process and lifecycle;
* Ability to interpret credit reports from all major agencies;
* Good knowledge of industry regulation including MCD/MCOB, AML, regulated vs non-regulated deals;
* Up to date knowledge of the property sector;
* Working knowledge of MS Office toolset
* Knowledge of Brightoffice software (preferred but not a must).
Salary: flexible, depending on experience