At a Glance
- Tasks: Manage loan portfolios and support customer relationships while ensuring compliance.
- Company: Recognise Bank, a modern business bank focused on supporting UK SMEs.
- Benefits: Competitive salary, generous time off, remote work options, and professional development.
- Other info: Dynamic culture with a focus on growth, flexibility, and wellbeing.
- Why this job: Join a team that empowers you to make a real impact in banking.
- Qualifications: Experience in managing loan portfolios and strong customer service skills.
The predicted salary is between 35000 - 45000 £ per year.
Hello, We are Recognise Bank; a modern business bank built to support the UK’s SMEs with tailored lending and savings solutions. Founded in 2017 by experienced business owners, we set out to challenge traditional banking by offering more flexibility, understanding, and practical support to help businesses thrive. Since receiving our banking licence in 2021, we’ve built a loyal customer base and a strong, diverse team that puts people first. Our vision is building stronger futures with bespoke financial solutions. We understand that no two financial needs are the same, which is why we work closely with UK SMEs and individuals to unlock potential others often overlook. Through smart, flexible lending and savings products, we’re here to build and grow stronger futures for lasting success.
Our values shape how we work and grow together:
- Can do, will do: We take ownership, solve problems, and adapt as our customers’ needs evolve.
- Be brilliant: We show up with curiosity and energy, always striving for better.
- Do the right thing: We act with integrity, responsibility, and care in everything we do.
- Make a difference: We focus on impact, helping our customers, colleagues, and communities succeed.
About the role
As a Junior Portfolio Manager, you will support the effective management, servicing, and monitoring of the loan portfolio. Working closely with the wider Portfolio Management team, you will help deliver excellent customer outcomes while ensuring portfolio activities are conducted in line with internal policies, procedures, and regulatory requirements. You will be responsible for the day-to-day management of an assigned loan book, supporting a range of loan lifecycle activities including arrears management, payment processing, customer engagement, annual reviews, loan maturities, extensions, covenant testing, and compliance reporting. The role requires interaction with customers and internal stakeholders to ensure timely and accurate servicing of facilities.
Key Responsibilities
- Manage and maintain an assigned portfolio of loan accounts, ensuring all servicing activities are completed accurately and within agreed timeframes.
- Monitor customer accounts to ensure they continue to meet the terms and conditions of their loans.
- Complete covenant testing and identify any issues or potential risks, escalating them where necessary.
- Carry out annual loan reviews, gathering and assessing customer information and documentation.
- Manage loan maturities, including processing loan extensions, renewals, and redemptions.
- Support loan restructures and other changes to customer facilities, ensuring all actions are completed accurately and on time.
- Monitor overdue accounts and support arrears management activities, working with customers to achieve positive outcomes.
- Monitor payments across different systems to support any allocation.
- Build strong relationships with customers through regular contact and excellent customer service.
- Work closely with teams across Credit, New Business, Legal, Operations, and Risk to support the effective management of the portfolio.
- Ensure all activities are completed in line with company policies, procedures, and regulatory requirements.
- Support Senior Operation Manager in driving performance against SLAs and KPIs.
Required Skills & Experience
- Managing loan portfolios and customer relationships
- Handling arrears and collections activity
- Experience within bridging finance or similar lending products
- Managing loan lifecycle events such as maturities, extensions and redemption
- Experience using loan management systems (e.g. nCino)
- Microsoft Excel and reporting skills
- Financial analysis and interpretation
- Customer relationship
- Loan servicing and administration
- Understanding of lending regulations and compliance requirements
- Payments and collections understanding
Desirable:
- CeMAP (Certificate in Mortgage Advice and Practice)
- LIBF Banking & Finance qualifications
£35,000 - £45,000 a year
Why join?
At Recognise Bank, we're building more than a bank — we’re creating a culture where people feel empowered to make a difference, supported to be brilliant with a can do will do attitude, and trusted to do the right thing. We believe that when our people thrive, so do our customers. That’s why we invest in an environment that reflects our values and supports your growth, flexibility, and wellbeing.
Here’s what you can look forward to:
- Competitive Time Off: Generous annual leave plus bank holidays to rest, recharge, and enjoy life outside of work.
- Work From Anywhere: Up to 6 weeks per year to work remotely from anywhere in the world.
- Learning & Development: Tailored training and support to grow your skills and achieve your professional goals.
- Hybrid Working: To support your work-life balance, we offer a hybrid working model with 3 days in the office and 2 days remote.
- Private Medical Care with Vitality: Comprehensive healthcare coverage to keep you healthy.
- Enhanced Pension Scheme: Helping you plan and save for a secure future.
- Maternity, Paternity & Adoption Pay: Supporting you and your family during important life moments.
- Discretionary Company Bonus: Rewarding your contribution to our shared success.
If you're curious, driven, and ready to be part of something meaningful — where your ideas matter, your growth is supported, and your work makes a real impact — then we’d love to hear from you.
Junior Portfolio Manager in Milton Keynes employer: Recognise Bank
Recognise Bank is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary package alongside flexible hybrid working arrangements. Our collaborative work culture fosters innovation and encourages continuous learning, making it an ideal environment for those looking to excel in IT service delivery while maintaining a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Portfolio Manager in Milton Keynes
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Recognise Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Junior Portfolio Manager in Milton Keynes
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Recognise Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Recognise Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Recognise Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Recognise Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Recognise Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Recognise Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
