Credit Portfolio Manager - Development Finance, London

My client is a PE-owned Debt Fund that provides development (mainly) and bridging finance. They are a small, successful team 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