Credit Manager

London, UK

Job Type

Bridging and Development Finance

About the Role


We are pleased to be working with an excellent fast growing specialist lender, on their search for a Credit Manager to join the growing team.

We are looking for a highly motivated individual, committed to providing exceptional customer service to our brokers and borrowers. This position will suit a team player who can be flexible and commercially minded in a fast-paced and competitive environment.

As Credit Manager, you will be primarily involved in the underwriting of real estate backed bridging, refurbishment, development, and any other structured finance transactions.

Responsibilities:
• Liaising with colleagues, borrowers, and brokers to gather transaction related information
• Making or recommending a decision to support or decline a deal
• Undertaking pre and post disbursement monitoring and due diligence
• Working with the origination team to facilitate and make lending decisions in line with business KPIs.
• Preparing and presenting credit papers for Credit Committee approval
• Post sanction preparing Heads of Terms and accompanying documents
• Reviewing valuation and project monitors’ reports and challenging these where necessary
• Proactively ensuring that all facility conditions precedent to first drawdown have been met and the case has moved efficiently to completion
• Undertaking post-disbursement monitoring functions to ensure compliance of facility covenants

Requirements

Skills and Experience:

· Previous bridging and development underwriting or lending experience gained in an intermediary focussed environment, preferably at a specialist lender or a challenger bank

· Familiarity with reviewing valuation reports, project monitor reports, development appraisals, property portfolio schedules and cashflows

· An in-depth understanding of the regulatory requirements

· Able and willing to communicate effectively with borrowers, brokers, surveyors, solicitors and colleagues

· Be able to analyse, interpret and present financial information

· Working knowledge of CRM systems, MS Office Suite and other programmes required to do the job efficiently