Portfolio Manager

OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you dont tick every box. We celebrate diversity promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.

Join Close Brothers Property FinanceTeam where you will support the teamin the ongoing management of their portfolio of loans to property developer and investor clients.

You will take responsibility for pro-actively managing accounts and key relationships with clients and professionals demonstrating initiative and an ability to suggest solutions to any issues that may arise.

RESPONSIBILITIES

• Undertake due diligence on newly approved loan facilities ensuring that all lending requirements are met and that all credit controls and procedures are properly adhered to.
• Maintain customer account records in the Lending System in order that the integrity of the Banks accounting records and data is maintained liaising with the Credit Finance and Operation teams as appropriate.
• Assist the Line Manager with the preparation of Credit Committee papers and attend Credit Committee in conjunction with the Line Manager to seek approval for new loan facilities renewals and amendments to the portfolio and present the papers to Committee when required.
• Prepare and issue Facility Amendment and Renewal Letters and follow up thereafter.
• Instruct the banks professional advisors (solicitors valuers and monitoring surveyors) and thereafter ensure that their reports are received promptly and address all the relevant issues (as set out in the formal instructions) and are generally of a quality which meets the banks desired standards.
• Assess in conjunction with the Line Manager the valuation and quantity surveyors reports to ensure that the quality of the security and viability of a project (where appropriate) meets the banks requirements.
• Prepare payments for authorisation at the completion of new facilities or for stage and interim payments ensuring that the approved lending parameters and any special requirements have been addressed or signed off by the appropriate people.
• Monitor the portfolio and keep loan renewals and Annual Credit Reviews up to date.
• Take new enquiries from potential clients and introducers and obtain information for further consideration with the Line Manager for suitable opportunities.
• Attend site and other meetings to develop a strong relationship understanding of the transaction and build your knowledge of the industry and clients.

WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE/ARE:

• Ability to prioritise and manage your own workload and work under pressure when necessary.
• Self-motivated and able to demonstrate excellent time management skills.
• Good communication skills and a professional manner.
• Ability to work effectively in a team.
• An understanding of financial accounts and key risks associated with lending.
• An understanding of the UK residential development and wider real estate markets.

We would particularly welcome applications from candidates currently working within specialist property lenders real estate lending teams within banks property developers housebuilders debt advisory businesses valuation practices project monitoring consultancies and related property sectors.

We are committed to providing an inclusive and accessible recruitment process. We recognise that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities. Candidates who require the job description or application form in an alternative format or any other adjustments are encouraged to email us at or request a call back.

ABOUT US

At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending deposit taking and securities trading. We employ approximately 3000 people principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250.

To find out more about Close Brothers please visit our careers page: find out more about life at Close Brothers:
find out more about our benefits:
find out more about our commitment to creating an inclusive environment:
Our Responsibility - Diversity and inclusion Close Brothers Group

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Close Brothers is a UK specialist banking group providing lending and deposit taking. We employ approximately 3000 people principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange.

Our specialist lending and deposit solutions include:

• Commercial: Offers specialist and predominantly secured lending principally to the SME market.
• Retail : Provides intermediated finance through motor dealers motor finance brokers and insurance brokers and savings products for individuals and corporates.
• Property: Offers residential development finance to established UK property developers funding for commercial properties and bridging and refurbishment loans.

At Close Brothers we are here to help people and businesses thrive over the long term.

Through our deep sector knowledge and expertise focus on delivering excellent and specialist service and strength of established relationships we support our customers through the cycle. Our values of deep expertise consistent service and long-term relationships embody our distinctive culture and customer-centric approach.

We also recognise our responsibility to help address the social economic and environmental challenges facing our businesses employees and customers now and into the future.