Business Development Executive in London

Job Title: Business Development Executive
Working the Windsor office and conducting site visits across England and Wales
Overview:

• You will be conducting site visits to potential borrowers at their place of business to assess if we are proceeding to a lending decision.
• You will be assessing director behaviour, business sector and collating any further documentation required to determine your final lending decision.
• You will be looking at the risks involved with the business and put these factors towards the lending decision.
• The information that is gathered at the underwriting stage will also support you to conduct the visit.
• You will be required to present the site visit findings to the Loan Sales Manager along with your business decision as to whether we should approve the lending decision.
• You will be required to build a business relationship with the director(s) you meet during your site visits to enable a solid line of communication. You be required to make contact directly with the director(s) to confirm, re-arrange and ensure that the director has all necessary documents and proof prepared for their visit.
• A strong understanding of commercial lending, risk assessment and financial analysis is required.
• Absolute professionalism whilst representing the company is essential.
• Strong time management is vital in this role.

Role Responsibilities

• Support the underwriting team by underwriting cases when you are not out on the road.
• Maintain an understanding of and comply with all relevant lending regulations, including those from financial regulatory bodies and internal lending policies.
• Upon completion of the site visit, ensure you carry out a post visit meeting with the Loan Sales Manager, at this stage you must ensure you raise any red flags/ concerns regarding the business we are considering lending to.
• Evaluate creditworthiness and risks of loan applicants by analysing financial data including income, financial statements, and collateral when underwriting cases.
• Provide excellent customer service by promptly responding to questions and concerns from loan applicants, explaining the loan application process, and communicating decisions effectively.
• Keep yourself updated on loan products, underwriting standards, and collections procedures.
• Ensure all documentation and ID Verification checks are prepared and completed to a satisfactory standard before submitting the case to the lending department.
• Be able to operate with proficiency CRM systems and keep accurate notes and documentation.
• Make it your responsibility to know your customers.

Requirements:

• Use of own car as you will be required to drive to our customers (monthly car allowance).
• Confident, friendly and a professional manner is required at all times as you will representing the company when onsite visits.
• Excellent interpersonal and communication skills.
• Excellent analytical and decision-making abilities.
• Knowledge of loan compliance and regulatory standards.

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