Senior Credit Officer

City + Capital are currently representing a highly respected property finance lender who are looking to bolster their credit function with the appointment of Senior Credit Officer who will play a key role in deal assessment and approvals.

The Company

Our client operates within the specialist lending sector and are largely known for supporting property developers and investors with access to debt for important property projects. Our client offers short term lending solutions, such as development exits and bridging finance, as well as a range of BTL solutions.

Having achieved significant growth through product expansion and strong funding, they are now receiving more complex applications than ever before. Our client also benefits from their long tenure in the sector with high levels of customer retention, driving increased loan refinancing and restructuring requirements.

As a result they are seeking an individual with outstanding credit capabilities to consider the borrowing needs of new or existing clients.

Role Overview

As Senior Credit Officer you will ultimately take responsibility for ensuring that the credit division has robust frameworks, documents and practises that support sustainable lending and redemptions. You will work proactively to ensure that standards are maintained and improved and will develop and adapt policies to meet market changes and business needs.

Operationally, you will work closely with both the underwriting and portfolio management functions to offer support and guidance on transactions. These may be new applicants looking for loans via the sales and underwriting teams, or existing borrowers looking to restructure or refinance debt, in line with their project requirements.

You will play a key role for the business in the ultimate assessment and decision making on complex transactions and will form a key part of the lenders credit committee.

Responsibilities

• Ensure credit risk frameworks are robust, scalable and effective
• Ownership of credit policies and policy changes, adapting to the needs of the market
• Offer insights in to product development to ensure policies are suitable and aligned
• Ensure credit documentation is optimised and utilised according to business needs
• Act as a key point of contact for underwriting and portfolio management functions
• Support complex transactions at all stages of the lending cycle for robust lending
• Utilise restructuring and refinancing skills to optimise customer activity & satisfaction
• Play a key role in the credit committee in respect of deal assessment and approvals
• Support transaction execution to ensure loans are paid accurately & in line with SLAs

Candidate Requirements

The ideal candidate for this role must be highly experienced in credit management within the real estate finance lending arena. The ideal individual will have a strong background in unregulated, residential lending and will be highly technical in regards to larger, or complex loans.

You will be an excellent communicator in all aspects, able to support a range of experience across the underwriting and portfolio management functions. You will be adept at devising and implementing credit policies, practices and procedures. You will be confident in creating documentation that supports positive lending and guidance to internal teams.

• An experienced credit/risk profile from the real estate finance lending markets
• A proven track record across new lending, refinancing, loan restructuring & workouts
• Confident devising credit strategies & the policies and procedures that underpin them
• A natural leader, able to improve those around them and deliver knowledge growth
• An excellent communicator in all aspects and happy to engage with loan stakeholders
• Ambitious and keen to grow with the firm

On Offer

Our client is ideally looking to pay between £140k-£160k as a basic salary for the ideal individual, which will be relevant to experience. Higher offers may also be considered for exceptional track record in the relevant markets.

Salary will be complemented by access to our client's favourable bonus scheme too, with the bonus potential allowing you to substantially increase annual earnings, based on performance.

Notable, as the firm are growing, it has been briefed that opportunities to progress internally are available, where excellent performance is delivered. Our client has further expansion plans which will see the team continue to grow and swell. Due to this, it is expected that the arriving SCO may be expected to take on more responsibility, as the business continues to grow.

This role would be based in our client's fantastic London offices.

Next Steps

There is a reasonable amount of urgency to fill this position in line with objectives.

Due to the nature of the role & opportunity, you do not expect it to be on the market for long!

If this role does sound like one that you are both qualified for and interested in, then we look forward to your application as soon as possible.

Once we have reviewed your application we will be in touch with an update. We look forward to hearing from you.

The City + Capital Team