Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Manage and assess bridging loans, ensuring compliance and risk management.
- Company: Join a leading, award-winning property finance lender with a stellar reputation.
- Benefits: Enjoy a competitive salary, comprehensive benefits, and performance bonuses.
- Why this job: Be part of a dynamic team that values your expertise and fosters professional growth.
- Qualifications: Experience in lending, strong analytical skills, and proficiency in Microsoft applications required.
- Other info: Opportunity to influence company policies and mentor future talent.
The predicted salary is between 36000 - 60000 £ per year.
A leading, award-winning and reputable property finance lender currently requires an experienced Credit Manager for its bridging team. Competitive base salary, a comprehensive benefits package and bonus. Office based.
General Purpose
To assess, amend and sign off the completion of all bridging loans. Consideration of any other lending decisions where the role's sign off or expertise is required. Implement and manage the credit function and risk appetite for Bridging. Actively contribute to and apply the business risk appetite and lending criteria.
Main Duties
- Proactively manage the completion of loans by signing off in accordance with risk appetite, compliance, and criteria.
- Provide feedback to Management and Bridging Underwriters on the quality of the loans and underwriting that you review, including training and continuous professional development to them.
- Continuously review the quality of the enquiries into the business to provide feedback monthly which will drive the risk and product strategy.
- Conduct a regular audit of pipeline and loan book in Bridging, reporting to the board monthly on risk and general findings.
- Supervise the allocated live loans with the portfolio managers for Bridging loans.
- Oversee the ongoing allocation of the loan mentor system, including allocating newly completed loans within 4 hours of completion.
- Arrange and manage the monthly update and review meetings of the same.
- Support with the collection or extensions of defaulting loans where required.
- Approve extensions, top up and rewrite terms for Bridging loans.
- Member of the credit and risk committee, with a view to taking on the agenda and responsibility of the committee meetings and mandate.
- Sign off loans as per the credit mandate for Bridging.
- Support the development and integration of the CRM system across the business in partnership with the system project manager and developer to drive efficiencies and productivity for the business.
- Continuously review and improve the policies and procedure manuals within the business to drive productivity and efficiency in Bridging.
- Support with the training and development of Underwriters and Portfolio managers to ensure they understand and can effectively use the lending documents, apply relevant criteria, and risk analysis.
- Support with the management and selection of the Asset Manager and Property Surveyor external panel and providers.
- Continuously review and provide input on amendments to the Credit Policy and Mandates, including allocation and management of the same across the Underwriters.
- Regularly audit and review completions and redemptions to check adherence with the Company’s policies and procedures, conditions subsequent and general best practice and regulatory requirements.
Person Specification
- Established experience in the lending and specifically unregulated lending space.
- Excellent stakeholder management skills.
- Strong analytical skills and attention to detail.
- Expert user of all Microsoft applications.
- Strong people management and training skills, an ability to influence and mentor others.
Credit Manager employer: Rico Property Finance Ltd (T/A D&R Recruitment)
Contact Detail:
Rico Property Finance Ltd (T/A D&R Recruitment) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Manager
✨Tip Number 1
Network with professionals in the property finance sector. Attend industry events or join relevant online forums to connect with current Credit Managers or those in similar roles. This can provide you with insights into the company culture and expectations.
✨Tip Number 2
Familiarise yourself with the latest trends in bridging loans and unregulated lending. Being knowledgeable about current market conditions and regulatory changes will demonstrate your expertise during interviews and discussions.
✨Tip Number 3
Prepare to discuss your experience with stakeholder management and training. Think of specific examples where you've successfully influenced others or improved processes, as these skills are crucial for the role.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data to drive decisions in previous roles. Highlight any experience you have with CRM systems, as this will be beneficial for the integration aspect of the job.
We think you need these skills to ace Credit Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in lending, particularly in unregulated lending. Emphasise your analytical skills and any relevant stakeholder management experience to align with the job requirements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role of Credit Manager. Discuss how your previous experiences have prepared you for managing credit functions and risk appetites, and mention specific examples of your success in similar roles.
Highlight Relevant Skills: Clearly outline your expertise in Microsoft applications and your people management skills. Provide examples of how you've trained or mentored others in the past, as this is crucial for the role.
Showcase Your Analytical Abilities: Include specific instances where your strong analytical skills have led to successful outcomes in loan assessments or risk management. This will demonstrate your capability to contribute effectively to the company's objectives.
How to prepare for a job interview at Rico Property Finance Ltd (T/A D&R Recruitment)
✨Showcase Your Lending Experience
Make sure to highlight your established experience in the lending sector, particularly in unregulated lending. Be prepared to discuss specific examples of how you've successfully managed credit functions and risk appetites in previous roles.
✨Demonstrate Analytical Skills
Since strong analytical skills are crucial for this role, come ready to discuss how you've used data to inform lending decisions. You might even want to prepare a case study or example where your analysis led to a successful outcome.
✨Prepare for Stakeholder Management Questions
Expect questions about your stakeholder management skills. Think of instances where you've effectively communicated with various parties, such as underwriters or portfolio managers, and how you influenced their decisions.
✨Familiarise Yourself with Compliance and Policies
Brush up on relevant compliance regulations and company policies related to bridging loans. Being able to discuss how you ensure adherence to these standards will demonstrate your understanding of the industry's best practices.
