At a Glance
- Tasks: Lead the lending process and build strong relationships with SME clients.
- Company: LHV Bank, a dynamic UK-licensed bank with a focus on innovation.
- Benefits: Competitive salary, hybrid working, health plans, and generous holiday allowance.
- Other info: Enjoy a vibrant office culture with opportunities for professional growth.
- Why this job: Join a creative team making a real impact in the SME lending market.
- Qualifications: Experience in relationship management within a banking environment is essential.
The predicted salary is between 50000 - 60000 £ per year.
LHV Bank Limited is a UK-licensed bank operating across three core business segments: Retail Banking, SME Lending, and Banking Services (BaaS). The bank is a wholly owned subsidiary of LHV Group, a listed financial services provider headquartered in Estonia. LHV Bank operates under a full UK banking licence granted in May 2023. The Bank supports over 200 fintech clients with embedded financial infrastructure, provides retail savings products via digital channels, and offers SME credit solutions across the UK. In line with its regulatory responsibilities and growth ambitions, LHV Bank is committed to maintaining a robust and proportionate financial crime control environment. Expanding our services, LHV Bank now provides personal banking solutions. Our offerings include current accounts with competitive interest rates, fixed-rate bonds for long-term savings, and debit cards. Customers can conveniently access these services through the LHV App, enabling secure account opening and management.
We are currently seeking an experienced Lending Manager to join our Relationship Management Team in Manchester. The role will be to support the end-to-end lending processes through the customer journey, from onboarding through to loan completion. Please note this is a Manchester based role that will require you to be in our Manchester office 2-3 days a week.
Key Responsibilities:
- Develop & promote LHV’s reputation as an active, creative lender in the SME market.
- Support the delivery of the strategic objectives including delivery of income, strong customer advocacy and risk metrics.
- Retain clients, dealing with day-to-day enquiries and maintaining a strong commercial approach to the portfolio.
- Drive lending pipeline in a timely and effective way, working collaboratively with the wider pod team.
- Maintain solid and strong primary relationship with LHV’s solicitors and work collaboratively to deliver for our customers.
- Support prospective customers with the LHV onboarding process, including capturing all the Know Your Business (KYB) and Know Your Customer (KYC) information.
- Support writing detailed Credit reports (including detailed financial analysis) on complex cases to develop appropriate solutions and establish a strong working relationship with the Credit team.
- Monitor account portfolios, managing the overall credit risks and any irregular performance in line with the Credit policy.
- Attract, develop and maintain strong customer relationships driving continuous improvement with a view to build long-lasting relationships.
- Manage the pipeline and diary, ensuring the smoothest of customer journeys communicating effectively throughout.
- Ensure regulatory and risk adherence at all times, ensuring positive customer outcomes are at the forefront of how you operate.
Required Skills:
- Proven relationship management/support experience within a Business/Commercial Bank environment.
- Banking qualification ACIB or equivalent (desirable).
- Experience working with Brokers and other Intermediaries with access to SMEs.
- Knowledge of EITHER Trading Business lending or Real Estate lending.
- Extensive credit report writing skills and experience.
- A commercial awareness, in relation to the external competitive market but also the requirements and flexibility required of working within an SME organisation.
- Advanced Microsoft skills – PowerPoint, Excel & Word.
Some of our benefits (only applicable to UK based roles not Internship programmes):
- Competitive salary & lots of opportunities to learn, grow and progress professionally.
- Open and inclusive culture.
- Hybrid working.
- Fantastic offices and great working environment.
- Vitality Health Plan (includes private health insurance, travel insurance, gym discounts).
- Health cash Plan (Medicash health plan Level 3).
- 6% employer pension contribution.
- Life assurance – 4 x salary.
- Income protection insurance – 75%.
- 28 days holiday plus 3 additional days, & further days for various key life events as well as the opportunity to sell up to 5 days per calendar year.
- Swap public/bank holidays each year for alternative days that align with your personal, cultural, or religious observances.
- Enhanced family friendly and family forming policies.
- Access to a wide range of retail discounts.
- Team Socials.
Lending Manager in Manchester employer: LHV Bank Limited
LHV Bank Limited is an exceptional employer, offering a dynamic and inclusive work culture in the heart of Manchester. With a strong commitment to employee growth, competitive salaries, and a comprehensive benefits package including health plans and generous holiday allowances, LHV Bank fosters an environment where professionals can thrive and develop their careers in the fast-paced banking sector. The hybrid working model and focus on work-life balance further enhance the appeal of joining our innovative team dedicated to supporting SMEs across the UK.
StudySmarter Expert Advice🤫
We think this is how you could land Lending Manager in Manchester
✨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 LHV Bank Limited. 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 Lending Manager in Manchester
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 LHV Bank Limited.
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 LHV Bank Limited'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 LHV Bank Limited
✨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 LHV Bank Limited.
✨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 LHV Bank Limited 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 LHV Bank Limited 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.
