Credit Manager – Property Development Finance

Chamberlain Career Management; Preston; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading FinTech company seeks a Credit Manager for Property Development Finance. This role involves maintaining credit quality of new loans, ensuring compliance with policies, and making informed lending decisions. The company offers a progressive environment with opportunities for career growth, competitive salary, and attractive benefits.

Benefits

Competitive salary

Bonus

Pension

Healthcare

Life cover

Flexible hours

Good work-life balance

Qualifications

• Extensive experience in property development funding credit.
• Experience working in an FCA-regulated environment.
• Ability to make informed decisions on new deals.

Responsibilities

• Ensure compliance with company's credit policies.
• Assist in developing and recommending loan policies.
• Conduct pre-application discussions with Relationship Directors.

Skills

Property development funding credit

Decision making

Commercial awareness

Communication

Attention to detail

Organizational skills

Microsoft Word

Microsoft Excel

Knowledge of financial documents

Education

GCSE level education or equivalent

Job description

Credit Manager – Property Development Finance

The Company:

An established, highly successful, and rapidly growing FinTech company. We are a commercial lender with nationwide coverage, financing Property Investors, Developers, and SMEs to support their growth. Recognized as one of the UK’s top 100 fastest-growing technology companies in the Sunday Times Tech Track 100 for two consecutive years.

Role Purpose:

As a Credit Manager, you will be responsible for maintaining the credit quality of new loans using the Company’s Credit Models and Policies, ensuring lenders do not take undue risks with their capital. Success in this role requires extensive knowledge and experience in development finance.

Role Responsibilities:

1. Adhere to sanction limits according to the Company’s sanctioning matrix.
2. Assist the Head of Credit in developing and recommending commercial loan objectives, policies, and practices, including establishing internal controls and obtaining Board approval for policies and procedures.
3. Ensure all new credit reports comply with the Company’s policies and guidelines.
4. Report and recommend actions to the Head of Credit on any exceptions.
5. Advise on concentration risks and suggest mitigants for new business opportunities.
6. Identify policy, process, and procedure gaps and recommend improvements.
7. Stay informed about current market rates, activities, and regulatory issues, incorporating these into sanctioning decisions.
8. Ensure daily risk controls are followed.
9. Conduct pre-application discussions with Relationship Directors to assess appetite.
10. Participate actively in Deal Forum and Borrower Review Forum meetings.
11. Respond to pricing requests within agreed SLAs.
12. Review Sighting Papers and Credit Reports, ensuring they justify approval, decline, or alternative terms.
13. Address lender questions via the website Q&A.
14. Collaborate with the Deal team to ensure timely loan progress to drawdown.
15. Verify all loan agreements comply with sanctions and conditions before release.
16. Ensure all conditions precedent are met before loan drawdown.
17. Participate in other departmental meetings to promote credit knowledge.
18. Maintain post-deal monitoring for development loans, including drawdowns and updates.
19. Undertake lender votes, provide redemption figures, and loan statements.
20. Attend client meetings as appropriate.
21. Provide training and support to new relationship staff.

Skills & Knowledge Required:

• Extensive experience in property development funding credit.
• Ability to make informed decisions on new deals.
• Commercial awareness and a broad understanding of business impacts.
• Strong decision-making and communication skills.
• Attention to detail and organizational skills.
• Proficiency in Microsoft Word and Excel.
• GCSE level education or equivalent.
• Experience working in an FCA-regulated environment.
• Knowledge of loan, security, and financial documents.

Future & Reward:

Join a stable, growing business with a relaxed, enthusiastic, and team-oriented environment. As the business expands, there are ample career opportunities. Benefits include a competitive salary, bonus, pension, healthcare, life cover, flexible hours, and a good work-life balance.