My client is an alternative lender, providing residential development finance to property developers across the UK.
Is this the role you are looking for If so read on for more details, and make sure to apply today.
Overview
The Portfolio Manager will play a key role in managing loan transactions from initial Credit Approval to the point of first funding and then through to final repayment. The role involves close collaboration with the company's panel of surveyors and reporting to the Risk Control Management Group.
Responsibilities
Client Liaison & Relationship Management:
* Work closely with property developers and their representatives to ensure smooth project funding throughout the Credit review and development process.
Risk Assessment & Analysis:
* Instruct, review, and assess valuation and construction cost reports from third-party consultants, considering various risk factors, including property, credit, legal, and compliance risks.
Funding Process:
* Prepare drawdown requests for the Risk Control and Funding teams and ensure efficient communication with the New Business team and external advisors.
Portfolio Performance Monitoring & Optimization:
* Track and monitor loan performance, identifying underperformance early and making recommendations for corrective actions. Analyse the overall portfolio to optimize performance, considering factors like market trends, risk mitigation, and returns.
Due Diligence & Risk Assessment:
* Ensure thorough due diligence is conducted on new loans or refinancing opportunities, including financial, project, and legal risks.
Loan Monitoring & Site Visits:
* Participate actively in the Loan Monitoring team, conducting site visits, identifying key development risks, and proposing solutions.
Reporting & Stakeholder Management:
* Prepare and present regular reports on portfolio performance to senior management, clients, and external stakeholders, offering insights and recommendations for portfolio adjustments.
Strategic Planning & Market Research:
* Stay informed on market trends, economic conditions, and regulatory changes to guide strategic decisions for portfolio management.
Loan Restructuring & Problem Loan Management:
* Assist in the management of distressed loans, advising on restructuring options and working with clients to ensure repayment or risk mitigation.
Team Collaboration & Leadership:
* Support team members, promote knowledge-sharing, and foster a collaborative work environment.
Report Writing & Presentation:
* Research, analyse, and write reports on project issues and solutions. Prepare credit papers and present findings to the BLG Board.
Database & Portfolio Management:
* Maintain an accurate and up-to-date database of loan portfolios, ensuring effective risk tracking.
Support Risk Director:
* Assist the Risk Director in managing the loan portfolio's lifecycle, including repayments and extensions.
What you will Bring
* Educated to degree level (or equivalent).
* Ideally, 3+ years of experience in residential development funding.
* Experience working with a bank or specialist credit lender.
* Understanding of basic accounting principles, credit, and risk management processes.
* Strong numerical and analytical abilities.
* Deep knowledge of construction and housebuilding processes.
* Solid understanding of loan risk management, particularly in property funding.
* Familiarity with build cost analysis and financial analysis for development programs.
* Strong proficiency in Microsoft Word and Excel.
* Experience in credit risk management, preferably in property or mortgage lending.
Salary: up to £60k
Location: Surrey (hybrid working)