Portfolio Manager
Bridging Finance
London
Competitive Salary
We are pleased to be working with a forward-thinking, fast-growing specialist bridging, refurbishment, and development lender founded and run by people who understand property. The short-term property finance business is procured through a mix of broker introductions and direct applications.
The business is now looking for an exceptional, ambitious Portfolio Manager who will report to the Head of Portfolio Management, and be primarily involved in the management of the growing portfolio of development, refurbishment, and bridge loans
Responsibilities:
• Monitoring the progress of the loan, including construction, sales, planning, and refinances.
• Identifying and assessing early warning signs across the portfolio in order to recommend and implement risk management strategies on specific projects.
• Managing the drawdown processes on live loans, including corresponding with appointed Project Monitoring Surveyors, reviewing their reports and challenging where appropriate.
• Regularly liaising with borrowers and their representatives.
• Managing the redemption processes on loans from sales or refinances.
• Working with the Head of Portfolio Management through workout strategies for loans in default. This may include the appointment of Insolvency Practitioners.
• Close coordination with the Credit team on new loans, including p...