At a Glance
- Tasks: Support Relationship Managers in client portfolio management and credit proposal processing.
- Company: Prestigious banking brand with nearly 50 years in the UK.
- Benefits: Generous salary, banking benefits, yearly bonuses, and regular salary reviews.
- Why this job: Join a dynamic team and build professional relationships in the banking sector.
- Qualifications: Strong communication skills and confidence in client interactions.
- Other info: Onsite role in Central London with excellent career growth potential.
The predicted salary is between 35000 - 35000 £ per year.
Our client, a prestigious banking brand who has been situated in the UK for nearly 50 years, is seeking a new Relationship Support individual. This excellent commercial banking brand has strong business lines into residential mortgages, BTL and commercial real estate lending. The role will see you in a front line role supporting Business Relationship Managers and support them in effective client portfolio management. The bank is located in Central London and would see you onsite 5 days per week - it's a strict 9am-5pm role.
Overview
The role is primarily responsible for assisting the Relationship Managers in effective client portfolio management; strong communication skills and the confidence to manage frequent client contact is a key requirement. You will become familiar with a specific client portfolio, develop an understanding of client requirements, plus knowledge of the Bank's range of products (Corporate/Commercial/SME Banking). The role will provide support in Credit proposal processing, relationship facilitation, analysis/documentation and customer services. A key challenge in this role is to develop an understanding of client requirements, plus help the Branch/RM foster professional relationships with the Bank's clients.
Credit Proposal Processing
- Prepare various types of proposals for credit facilities.
- Ensure proposals go through a full balance sheet, income statement and cash flow analysis.
- Scrutiny of all documents, accounts payment history etc.
Relationship Facilitation & Service
- Follow a structured process as assigned by RM/SRM to service existing customers.
- May visit the customer with/without RM and write the call report.
- Resolve client queries without further escalation.
- Must respond promptly to emails and telephone calls.
Analysis/Documentation Support
- Maintain the validity of accounts, monitoring receipt of payments from customers and documentation of their facilities.
- Monitor all accounts in terms of credit movement, business volumes and control including pending/overdue documents and payments.
- Follow up for upcoming TR due dates and PAD Retirements.
- Provide regular updates to SRM on performance of accounts allocated.
- Propose renewal of limits, maintain insurance policies, stock reports etc.
Resource Coordination
- Pro-actively work with Branch Operation, Credit, and other functions to meet customer requirements as approved by Branch/RM.
- Act as a reference for inter-departmental activities to resolve all client servicing queries.
Compensation
The role offers a generous base of £35,000 plus banking benefits and a yearly bonus with yearly salary reviews. Your first year you should earn approx £45,000 total comp, 2nd year £50,000.
Assistant Relationship Manager - Lending / Banking in London employer: MARKET TALENT
Contact Detail:
MARKET TALENT Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Relationship Manager - Lending / Banking in London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the banking industry. Attend events, join online forums, or even hit up LinkedIn. The more connections we make, the better our chances of landing that Assistant Relationship Manager role.
✨Tip Number 2
Practice makes perfect! Prepare for interviews by role-playing common questions related to client portfolio management and credit proposal processing. We can even set up mock interviews with friends or mentors to boost our confidence.
✨Tip Number 3
Show off your communication skills! In every interaction, whether it’s an email or a phone call, let your personality shine through. Remember, the bank is looking for someone who can build strong relationships with clients, so let’s demonstrate that ability from the get-go.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we often have insider tips and updates on the latest roles, so keep checking back for new opportunities in the banking sector.
We think you need these skills to ace Assistant Relationship Manager - Lending / Banking in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Assistant Relationship Manager. Highlight your experience in client portfolio management and any relevant banking knowledge. We want to see how you can support our Business Relationship Managers effectively!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills align with the job description. We love seeing enthusiasm and a clear understanding of what we do at StudySmarter.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application reflects that. Use clear and concise language, and don’t hesitate to demonstrate your ability to manage client relationships through examples from your past experiences.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at MARKET TALENT
✨Know Your Client Portfolio
Before the interview, take some time to research the types of clients the bank serves. Familiarise yourself with residential mortgages, BTL, and commercial real estate lending. This will show your potential employer that you understand their business and are ready to support the Relationship Managers effectively.
✨Master the Art of Communication
Since strong communication skills are key for this role, practice articulating your thoughts clearly and confidently. Consider doing mock interviews with a friend or family member, focusing on how you would handle client queries and maintain professional relationships.
✨Get Comfortable with Credit Proposals
Brush up on your knowledge of credit proposal processing. Understand the importance of balance sheets, income statements, and cash flow analysis. Being able to discuss these topics confidently will demonstrate your readiness to assist in this critical aspect of the role.
✨Show Your Team Spirit
This role requires collaboration with various departments. Be prepared to discuss examples of how you've worked effectively in a team before. Highlight your ability to coordinate with others to meet customer requirements, as this will be crucial in supporting the Relationship Managers.