At a Glance
- Tasks: Manage lending applications and support high-net-worth clients through the approval process.
- Company: Join Rathbones, a rewarding workplace focused on investing in your future.
- Benefits: Enjoy a competitive salary, hybrid working, and clear career progression paths.
- Other info: Dynamic environment with opportunities for professional growth and learning.
- Why this job: Make a real impact in finance while developing expertise in lending products.
- Qualifications: Experience in lending or related fields, with strong communication and teamwork skills.
The predicted salary is between 29700 - 36300 £ per year.
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
- 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 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.
StudySmarter Expert Advice🤫
We think this is how you could land Lending Specialist
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Rathbones Group Plc.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Rathbones Group Plc might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Lending Specialist
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Rathbones Group Plc will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Rathbones Group Plc. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Rathbones Group Plc confidence in your short-term commitment to the role.
How to prepare for a job interview at Rathbones Group Plc
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Rathbones Group Plc.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Rathbones Group Plc that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
