At a Glance
- Tasks: Manage loan enforcement processes and collaborate with professionals to ensure successful outcomes.
- Company: Dynamic short-term commercial lender based in central London.
- Benefits: Competitive salary, growth opportunities, and a vibrant work environment.
- Other info: Exciting time for the business with plenty of room for personal and professional development.
- Why this job: Join a growing team and make an immediate impact in the credit sector.
- Qualifications: MRICS qualification and experience in property or recoveries required.
The predicted salary is between 70000 - 90000 £ per year.
New role - Associate Director - Credit. Joining a privately owned short-term commercial lender based in central London. They provide loans on commercial property throughout the UK and Northern Ireland, across a wide range of sectors including residential investment property, commercial (including mixed use) and leisure businesses such as pubs and hotels.
The candidate should have an MRICS qualification and have experience working in a receivership advisory team.
Responsibilities:- Day to day management of enforcements, including pre-appointment recommendations to credit committee, liaising with professionals from security review through to repayment of the loan.
- Making recommendations to the Head of Credit on strategy for expired or non-performing loans.
- Agreeing terms for loan renewals which includes management of renewal process, liaising with solicitors and writing renewal credit papers.
- Weekly reporting on non-performing loans to Credit Committee.
- Manage professional advisors, including insolvency professionals, solicitors and valuers.
- Assisting the Head of Credit with review of valuation reports from time to time.
- Assisting the Head of Credit with the deal approval process from time to time.
- Maintain Ekeeper (loan management system) and other records for reporting purposes.
- At least three years of experience working in the property industry.
- Familiarity with the enforcement process and security instruments will be required and this will be tested as part of the interview process.
- Excellent written English, strong numerically, well-organised and methodical with good Microsoft Office skills.
- The candidate should have an MRICS qualification or have experience working for another lender working in their recoveries team.
- The candidate will have the right to work in the UK.
- The successful candidate will be driven, have good attention to detail and a genuine desire to contribute to the continued success of our business.
- They will be a team player, a self-starter who will look to evolve and enhance the non-performing side of the team, and be able to take direction well.
- You will be working from their London office and will play a vital role within the Credit team, making a difference immediately.
- You will be joining at an exciting time for the business as we look to continue our growth over the coming years.
- You will receive a competitive and attractive compensation package and there is a great deal of opportunity for growth within our firm.
Associate Director – Credit employer: Madison Berkeley
Join a leading independent property consultancy in Central London, where you will thrive in a collaborative environment that values your contributions and offers genuine career progression. With a focus on high-quality client relationships and a diverse portfolio of commercial assets, this role provides the perfect opportunity to make a meaningful impact while enjoying a supportive team culture and competitive salary.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director – Credit
✨Tip Number 1
Network like a pro! Reach out to your connections in the property industry and let them know you're on the hunt for an Associate Director role. You never know who might have the inside scoop on opportunities or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews! Brush up on your knowledge of the enforcement process and security instruments, as these will be key topics. Practise answering questions about your experience in receivership advisory teams to show you're the right fit.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, highlight your MRICS qualification and any relevant experience. Be ready to discuss how you've managed non-performing loans and worked with professional advisors.
✨Tip Number 4
Don't forget to apply through our website! We love seeing candidates who are genuinely interested in joining our team. Make sure your application reflects your passion for contributing to our growth and success in the credit sector.
We think you need these skills to ace Associate Director – Credit
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Associate Director – Credit role. Highlight your MRICS qualification and relevant experience in receivership advisory. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific experiences that relate to managing enforcements and liaising with professionals, as these are key aspects of the role.
Showcase Your Skills:We’re looking for someone who’s organised and methodical. Make sure to highlight your Microsoft Office skills and any experience you have with loan management systems like Ekeeper. This will show us you’re ready to hit the ground running!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Madison Berkeley
✨Know Your Stuff
Make sure you brush up on your knowledge of the enforcement process and security instruments. Since this will be tested during the interview, being well-versed in these areas will show that you're serious about the role and understand the key responsibilities.
✨Showcase Your Experience
Prepare to discuss your past experiences in receivership advisory teams or similar roles. Highlight specific examples where you've managed non-performing loans or worked with credit committees, as this will demonstrate your capability to handle the responsibilities outlined in the job description.
✨Be Organised and Methodical
Since the role requires excellent organisational skills, come prepared with a structured approach to how you manage tasks. You might even want to share your methods for maintaining records or managing loan renewals, as this will resonate well with the interviewers.
✨Demonstrate Team Spirit
Emphasise your ability to work collaboratively within a team. Share examples of how you've contributed to team success in the past, and express your enthusiasm for evolving and enhancing the non-performing side of the team. This will align with the desirable attributes they're looking for.
