Portfolio Manager â Development Finance
Portfolio Manager â Development Finance
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Job Description
City & Capital are currently representing a highly respected & fast-growing challenger bank who are renowned for their development finance proposition. They have retained our services to appoint a confident and knowledgeable Portfolio Manager to their busy team at an exciting time of success.
The Company
Our client is a key player in the development finance space and has grown substantially over recent years buoyed by lending growth and increased investment. They support property developers and SME businesses with access to funds for new build developments and heavy refurbishment projects.
Loan sizes vary with the capacity to create bespoke loan solutions to meet the needs of the borrower. Our client can also offer competitive rates and strong GDV options for experienced developers as well as loans against commercial or residential assets driving a strong and repeatable customer base.
The Department & Team
The development finance division is the flagship department of the bank & the key focus of funding distribution & growth for the coming period. Due to this the team is set to swell in all aspects including the addition of experienced development finance professionals into key roles.
The team consists of a broad range of skillsets including (but not limited to) Relationship Directors Relationship Managers Credit Managers and Portfolio Managers. The team is collaborative in approach and all work together to achieve the best possible outcomes from new applications and portfolio success.
Role Overview
Within the role you will support the portfolio management of development loans as well as the onboarding of a new loan platform to support them. You will work collaboratively with the departments Relationship Directors Relationship Managers QS and Commercial Managers to ensure strong portfolio performance and redemptions.
To achieve this you will attend site visits with the capacity to be able to identify and address either current or potential future issues. As a result you will be comfortable when dealing directly with developers and will have the technical capacity to support the needs of a loan at various stages.
You will also assist clients with new borrowing or refinancing/restructuring needs and as a result will be expected to develop and present credit papers and reports to the credit team with a view to actioning borrower needs.
Responsibilities
- Support the successful delivery of development projects and loans
- Assist with the development and upgrading of development loan systems
- Ensure strong credit stewardship is maintained throughout development projects
- Undertake cash flow analysis on credit approval cash flow
- Monitor unit sales for development projects
- Assist borrowers with new borrowing or refinancing activity
- Attend site visits to assess and influence the performance of development projects
- Monitor loan repayments
- Liaise with the credit risk team wherever required on activity
The ideal candidate for this role must be an experienced development finance portfolio manager with the capacity to understand and influence the performance of development schemes and developers.
You will be happy to attend site visits and undertaking travel to sites wherever required. You will demonstrate a strong knowledge of the credit risk principles that underpin strong development lending and will be an excellent communicator and confident when managing relationships with experienced developers within your portfolio.
Candidate Requirements
- Experienced development finance portfolio manager
- Confident influencing site visits and developer activity
- Experienced in loan monitoring & influencing positive redemptions
- Strong credit risk credentials that underpin positive development funding
- Excellent analysis skills in respect of aspects such as cash flow/cash flow modelling
- First-class communication and negotiation skills
- Excellent attention to detail
- Meticulous team player with excellent attention to detail
- Ambitious and keen to grow with the firm
On Offer
Our client is ideally looking to pay up to c50k/65k as a basic salary for the ideal individual relevant to experience and qualifications. Higher offers may also be considered for exceptional talent.
Salary will be complemented by access to our clients favourable bonus & benefits structure too which will significantly increase year on year earnings.
Most notably due to our clients continued growth and plans to expand the development finance division further this is also a role that comes with plenty of further potential to progress.
Our clients growth has been built on a strong and proven promote from within policy which is set to continue and will reward individuals who can deliver excellent performance in their roles.
This offers an opportunity to propel both career standing & salary within as real impact is delivered.
You would expect to split time within this role between our clients London HQ home and travel to site and client meetings. Therefore please ensure this is something that is viable for you.
Next Steps
There is a reasonable amount of urgency to fill this position in line with objectives.
Due to the nature of the role & opportunity you do not expect it to be on the market for long!
If this role does sound like one that you are both qualified for and interested in then we look forward to your application as soon as possible.
Once we have reviewed your application we will be in touch with an update. We look forward to hearing from you.
The City Capital Team
Required Experience:
Manager
Employment Type
Full Time
