Credit Manager

Credit Manager / Bridging Underwriter

London

Up to £70,000pa

We are working with a fast-growing specialist bridging and development lender, who are looking for an experienced Credit Manager to join the team.

Responsibilities:

The role is based in the office, and your day to day will consist of the following:

• 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
• 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, liaising with solicitors and surveyors if needed
• Managing expectations and deadlines whilst providing an excellent service to encourage repeat business
• At all times adhering to internal and external credit policies and regulatory requirements
• Ensuring all relevant data for each loan is accurately and comprehensively entered into the CRM system, both before and upon drawdown

Skills and experience: 1

• 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 (KYC, AML, SOF, SOW etc.)
• Able and willing to communicate effectively with borrowers, brokers, surveyors, solicitors and colleagues