At a Glance
- Tasks: Support Credit Managers with loan applications and maintain relationships with brokers and borrowers.
- Company: Dynamic finance company focused on property lending and growth.
- Benefits: Flexible work culture, 4-day onsite week, and opportunities for career progression.
- Other info: Empowerment for continuous improvement and a friendly team environment.
- Why this job: Join a growing team and make a real impact in the finance sector.
- Qualifications: Experience in property finance or case management, strong organisational and communication skills.
The predicted salary is between 33075 - 40425 £ per year.
Let Us Tell You a Bit About The Opportunity
A Credit Specialist will support the Credit Managers by working directly alongside them throughout the process of the loan application.
They will be copied in on all correspondents with the sales team, brokers, borrowers, valuers, asset managers & solicitors.
What will your day look like?
- Carry out a pre-underwrite of loans for Credit Managers (CM’s) and assist them on all types of loan applications.
- Run a pipeline of Level 1 loan applications (UK borrowers, bridges, refurbishment loans, purchase & refinances) taking the applications through to completion.
- Provide support to the CM’s with their pipelines, reviewing underwriting and legal requirements, legal documents, valuations and drafting internal tools and forms in readiness for completion.
- Communicate with brokers / borrowers and maintain good relationships with them and other 3rd parties
- Supervise the Credit Analyst team ensuring workloads are monitored and tasks are completed in timely manner and assisting with overflows.
- Monthly reporting on applications whereby refurbishment tranches are applicable, liaising with borrowers for updates on loans, ensuring works are on time & budget.
- Instructing and reviewing the asset manager reports on receipt, invoices and bank statements and preparing the approval forms for approval of drawdowns.
- Overseeing the Asset Manager panel, ensuring service levels are maintained.
- Liaising with borrowers with regards to non payment of monthly interest and ensuring payments are met within agreed timelines.
- Liaising with borrowers and brokers to ensure loans are repaid prior to expiry of the term
What do we expect from you?
- Experience within property finance, specialist lending, underwriting or case management.
- Strong organisational skills with the ability to manage multiple cases and deadlines simultaneously.
- Excellent attention to detail when reviewing valuations, legal documentation and lending requirements.
- A proactive approach, taking ownership of cases and driving them through to completion.
- Strong communication and relationship-building skills with brokers, borrowers and third-party professionals.
- A team-oriented mindset with a commitment to delivering exceptional service and customer outcomes.
What can you expect from us?
- 4 days per week onsite in our London office with the option to work from home on a Friday
- A friendly and flexible culture, the same as how we work with our customers.
- A growing organisation that means there’s lots of opportunities to progress
- A drive for continuous improvement, which you will be empowered to get behind from day one.
- #J-18808-Ljbffr
Credit Specialist - Octane Capital employer: Aldermore Bank
Aldermore Bank is an excellent employer that champions a flexible work culture, allowing you to thrive in a hybrid environment while managing the full Reward lifecycle. With competitive reward packages, including private medical insurance and 30 days of holiday, we prioritise employee well-being and growth, making it a rewarding place to develop your career in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Specialist - Octane Capital
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Aldermore Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Specialist - Octane Capital
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Aldermore Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Aldermore Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Aldermore Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Aldermore Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Aldermore Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Aldermore Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
