Job Description
Credit Manager / Bridging Underwriter
London
Up to £70,000pa
We are working with a fast-growing specialist bridging and development lender, who are looking for an experienced Credit Manager to join the team.
Responsibilities:
The role is based in the office, and your day to day will consist of the following:
- Liaising with colleagues, borrowers and brokers to gather transaction related information
- Making or recommending a decision to support or decline a deal
- Undertaking pre and post disbursement monitoring and due diligence
- Preparing and presenting credit papers for Credit Committee approval
- Post sanction preparing Heads of Terms and accompanying documents
- Reviewing valuation and project monitors' reports and challenging these where necessary
- Proactively ensuring that all facility conditions precedent to first drawdown have been met and the case has moved efficiently to completion, liaising with solicitors and surveyors if needed
- Managing expectations and deadlines whilst providing an excellent service to encourage repeat business
- At all times adhering to internal and external credit policies and regulatory requirements
- Ensuring all relevant data for each loan is accurately and comprehensively entered into the CRM system, both before and upon drawdown
Skills and experience: 1
- Previous bridging and development underwriting or lending experience gained in an intermediary focussed environment, preferably at a specialist lender or a challenger bank
- Familiarity with reviewing valuation reports, project monitor reports, development appraisals, property portfolio schedules and cashflows
- An in-depth understanding of the regulatory requirements (KYC, AML, SOF, SOW etc.)
- Able and willing to communicate effectively with borrowers, brokers, surveyors, solicitors and colleagues
About KFS Recruitment