Company description:
A rewarding place to work. At Rathbones, We invest in everyone's tomorrow – that includes our people. We are always looking for future talent, and we can help you build a rewarding career with clear paths to progression and the opportunity to share in the success of our business.
Job description:
Role Title: Lending Specialist
Division: Finance
Location: Liverpool
Contract: 12-month FTC
Working pattern: Hybrid
Check out the role overview below If you are confident you have got the right skills and experience, apply today.
About the Role
Responsible for managing lending applications from initial enquiry through to approval and drawdown, supporting high-net-worth clients and Investment Managers throughout the process. This role offers broad exposure across lending, treasury, risk and front-office functions, with responsibility for assessing affordability and creditworthiness, ensuring regulatory compliance, and delivering an exceptional client experience. The successful candidate will play a key role in supporting the continued growth of Rathbones' lending proposition while developing expertise across a wide range of lending products and regulatory environments.
What you'll be responsible for
- Managing client lending applications (for RIM or Investec Bank lending) from initial enquiry to drawdown of funds, including the provision of the relevant pre-contractual advice to clients, affordability assessment and approval according to internal approval scales.
- Managing client overdraft exposures, monitoring positions in line with terms of business and reporting positions through routine MI and by exception, where tolerances are exceeded, according to agreed escalation procedures.
- Providing support for client lending enquiries, liaising directly with clients, investment managers and other internal stakeholders.
- Issue client correspondence in relation to new or existing lending including but not limited to statements or repayment / execution letters.
- Servicing loan interest on a quarterly basis, including raising invoices for clients that elect to pay using external funds.
- Application of debit interest for overdraft balances and subsequent adjustments according to agreed policy.
- Maintain records for all undertakings and guarantees held.
- Ensure all loans are compliant with the requirements of the FCA's CONC and MCOB regulations for creditworthiness and affordability.
- Issue annual review requests to IMs, collating responses for each client and identifying changes in circumstance to be reported upwards the Lending Manager in a summary report.
- Maintain data required to produce MI to be reported to the Lending Manager and Head of Lending.
- Maintain lending procedures, reflecting changes as they occur and testing where appropriate.
About you
- Able to communicate information, ideas, or issues effectively and clearly through the most appropriate channel within the team and to key stakeholders.
- Previous experience within lending, mortgages, private banking, wealth management lending, credit administration or loan processing.
- Experience managing lending applications from initial enquiry through to approval and drawdown. (Desirable)
- Exposure to FCA regulated lending environments (Desirable)
- Experience dealing directly with clients and providing a high level of service.
- Able to organise and prioritise own workload effectively, working to a high degree of autonomy.
- Demonstrate good teamwork, supporting colleagues to achieve team goals.
- High level of accuracy and concentration with ability to grasp new tasks quickly.
- Comfortable working across the MS Office suite of applications. xiskglj
- Able to translate source data into insightful analysis that supports understanding and decision making.
Lending Specialist in Birkenhead employer: Rathbones Group Plc
At Rathbones, we pride ourselves on being a rewarding employer that invests in the future of our people. Located in Leeds, our hybrid working model fosters a collaborative and high-performance culture, offering clear paths for career progression and opportunities for personal development. Join us to be part of a team that champions continuous improvement and delivers exceptional client outcomes while sharing in the success of our business.
