At a Glance
- Tasks: Approve loans and conduct thorough due diligence for development finance projects.
- Company: Boutique, non-bank lender focused on Development Finance and Investment Loans.
- Benefits: Competitive salary, professional growth, and a dynamic work environment.
- Other info: Fast-paced role with opportunities to present to key stakeholders and meet company targets.
- Why this job: Join a team where your analytical skills can make a real difference in financing development projects.
- Qualifications: Experience in underwriting residential development finance loans and strong communication skills.
The predicted salary is between 70000 - 90000 £ per year.
My client is a boutique, non-bank lender who provides Development Finance and Investment Loans.
The successful candidate will be responsible for approving the loan before they present the written credit paper to the credit committee and proceed to close the loan once CP’s are concluded and identified risks adequately mitigated. Taking responsibility for the due diligence process relating to each allocated loan (with a focus on development finance lending).
Responsibilities:
- Review and sign-off of initial loan pack produced by Loan Originator (prior to presentation to credit committee), including:
- Review of Heads of Terms
- Review of Initial Q.S. Report
- Review of Valuation Report
- Review of Credit Reports and A&L Statements
- Review of Borrower Track Record
- Review of Development Appraisal (analysing build costs, values, plans, local market liquidity etc.)
- Review of Originator’s Loan Memorandum
Detailed review and analysis of the Company's Solicitors’ report on title to be able to advise the business on such matters as:
- Agreements affecting the property searches (inc. date undertaken, issues raised, indemnity availability etc.)
- Planning (inc. relevant dates, development permitted, conditions etc)
- S106 and CIL
- Lease reviews (if applicable)
- Rights of Light
- Insurances
A solid understanding of these requirements within residential development is essential for the role.
CP Check-list management.
Working with the Company's Solicitors to:
- Draft Robust and Correct Security Documents
- Determine Conditions Precedent and Subsequent Requirements
In addition to the above, the role includes the following responsibilities:
- Presenting to the credit committee and key stakeholders
- Meeting agreed company targets for credit worthiness and defaults
- Adhering to all compliance needs within the business
What you will Bring:
- Attention to detail is absolutely vital
- Must have experience in underwriting residential development finance loans between £2m - £50m.
- Must have an excellent understanding of those key areas they are required to review i.e. title and borrower reports, planning/S106, valuation, IMS reports and insurances
- Ability to work under demanding deadlines
- Must be analytical and good with numbers
- A highly skilled communicator with superior written and presentation skills
Associate Director (Credit Risk & Transaction Execution) - Development Finance in London 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 Associate Director (Credit Risk & Transaction Execution) - Development Finance in London
✨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 Associate Director (Credit Risk & Transaction Execution) - Development Finance in London
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.
