At a Glance
- Tasks: Manage loan portfolios and build strong client relationships in property finance.
- Company: Join a dynamic Challenger Bank with a successful Development Finance team.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Other info: Exciting opportunity to grow in a supportive and innovative environment.
- Why this job: Make an impact in the property finance sector while developing your career.
- Qualifications: A levels or equivalent; basic experience in property lending or finance.
The predicted salary is between 40000 - 50000 £ per year.
My client is an established Challenger Bank that has a successful Development Finance team.
They are building out the Midlands region and are therefore recruiting for an experienced Portfolio Manager to join their growing team.
Overview
- Support the Business Development Manager (BDM); Senior BDM (SBDM); Business Development Director (BDD) (together your “Line Manager”) in the ongoing management of their portfolio of loans to property developer and investor clients.
- 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.
- Ensure that accounts are always fully compliant with the bank’s Credit and Risk policies and procedures and all data and records are kept up to date and current on the bank’s systems.
- Support your Line Manager with all business development, marketing and networking activity as required and promotion of the Property Finance ‘brand’.
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.
- Administer the Line Manager’s loan portfolio ensuring that all payments are made and receipts processed in a timely manner.
- Maintain customer account records in the Lending System in order that the integrity of the Bank's accounting records and data is maintained, liaising with the Credit, Finance and Operation teams as appropriate.
- Attend meetings (internal and external) with the Line Manager, taking notes, preparing minutes, and producing follow up papers and correspondence.
- 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 bank's 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 bank's desired standards.
This to include raising questions and seeking additional information and escalating through Credit Control and Risk as necessary.
- 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 bank's 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.
- Proactively manage client queries and ensure a high level of customer service is always delivered.
- Attend site and other meetings to develop a strong relationship, understanding of the transaction and build your knowledge of the industry and clients.
- Attend suitable functions and read relevant trade and financial press to develop a good understanding of the industry and the wider economy and build a base of appropriate business contacts as well as raise the profile of the Property Finance Division.
What you will Bring
- Educated to A level or equivalent
- Good understanding of all basic Microsoft packages including Word, Excel, Outlook, Power Point.
- Basic experience within a property lending environment, or a financial reporting, back office or administrative role, with commercial awareness and genuine interest in the Banking and Property Finance industries.
Portfolio Manager - Development Finance in Birmingham employer: Buckden Partners
Buckden Partners is an exceptional employer that fosters a dynamic and collaborative work culture, where innovation and growth are at the forefront. Located in the vibrant city of London, employees benefit from a competitive salary, performance bonuses, and a comprehensive benefits package, alongside ample opportunities for professional development and networking within the thriving financial sector. Join us to be part of a forward-thinking team dedicated to driving success in Asset Based Lending.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager - Development Finance in Birmingham
✨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 Buckden Partners. 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 Portfolio Manager - Development Finance in Birmingham
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 Buckden Partners.
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 Buckden Partners'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 Buckden Partners
✨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 Buckden Partners.
✨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 Buckden Partners 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 Buckden Partners 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.
