At a Glance
- Tasks: Manage loan enforcements and collaborate with professionals to ensure smooth operations.
- 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 60000 - 80000 £ 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 in London employer: Madison Berkeley
Join a dynamic and privately owned short-term commercial lender in the heart of central London, where your expertise as an Associate Director – Credit will be valued and impactful. With a strong focus on employee growth and a collaborative work culture, you will benefit from a competitive compensation package and the opportunity to contribute to the company's exciting expansion plans. This role not only offers a chance to work with diverse sectors but also allows you to make a meaningful difference in the management of non-performing loans, all while being part of a supportive team that encourages innovation and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director – Credit in London
✨Network Like a Pro
Get out there and connect with people in the property and finance sectors. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to professionals for informational chats. You never know who might have the inside scoop on job openings!
✨Ace the Interview
Prepare for your interviews by brushing up on your knowledge of the enforcement process and security instruments. Be ready to discuss your experience in receivership advisory and how it relates to the role. Practice common interview questions and think of examples that showcase your skills and achievements.
✨Show Your Passion
When you get the chance to speak with potential employers, let your enthusiasm for the role shine through. Talk about why you’re excited about working in credit and how you can contribute to the team’s success. A genuine passion can set you apart from other candidates!
✨Apply Directly Through Us
Don’t forget to apply directly through our website! It shows initiative and gives us a chance to see your application first-hand. Plus, we love seeing candidates who are keen to join our growing team in London!
We think you need these skills to ace Associate Director – Credit in London
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!
Showcase Your Skills:In your application, emphasise your excellent written English and strong numerical skills. Mention your familiarity with the enforcement process and any experience with loan management systems like Ekeeper. This will help us see you as a strong candidate!
Be Clear and Concise:When writing your cover letter, keep it clear and concise. We appreciate well-organised applications that get straight to the point. Let us know why you're the perfect fit for our team without fluff!
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 the role. We can’t wait to hear from you!
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 experience in receivership advisory teams and how it relates to the role. Be ready with specific examples of how you've managed non-performing loans or worked with credit committees, as this will demonstrate your capability and fit for the position.
✨Be Organised
Since the role requires excellent organisational skills, consider bringing a portfolio of your work or a structured outline of your achievements. This can help you present your experience clearly and effectively, making it easier for the interviewers to see your potential.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's growth plans and how the Credit team fits into that vision. This not only shows your interest in the role but also your desire to contribute to the company's success, which is something they value highly.
