Credit Manager – Property Development Finance

JR United Kingdom; West Midlands Combined Authority; On-site; GBP 45,000 - 65,000; Full time

Job summary

A prominent FinTech company in the UK is seeking a Credit Manager for property development finance. The role is pivotal in ensuring credit quality for new loans, adhering to policies, and monitoring risks. Successful candidates will have extensive experience in credit decision-making and will benefit from a growing business environment with competitive compensation and career growth opportunities.

Benefits

Competitive salary

Bonus

Pension

Healthcare

Life cover

Flexible working hours

Work-life balance

Qualifications

• Extensive experience in property development funding credit.
• Experience in FCA-regulated environments and financial services.

Responsibilities

• Maintain the credit quality of new loans using the company's credit models and policies.
• Conduct pre-application discussions and participate in Deal Forum.
• Monitor post-deal development loans and provide redemption figures.

Skills

Decision-making

Effective communication

Organizational skills

Attention to detail

Commercial awareness

Education

GCSE level education or equivalent

Tools

Microsoft Word

Microsoft Excel

Job description

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Credit Manager – Property Development Finance, West Midlands

Company: An established, highly successful, and rapidly growing FinTech. A nationwide commercial lender financing property investors, developers, and SMEs. Recognised 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. Extensive development finance knowledge and experience are essential.

Responsibilities:

• Adhere to sanction limits per the company's sanctioning matrix.
• Assist in developing and recommending loan policies, establishing controls, and obtaining board approval.
• Ensure compliance of credit reports with policies.
• Report exceptions and suggest mitigants for risks.
• Identify and recommend improvements for policy and process shortcomings.
• Stay updated on market rates, activities, and regulatory issues.
• Maintain day-to-day risk controls.
• Conduct pre-application discussions with Relationship Directors.
• Participate in Deal Forum and Borrower Review Forum.
• Respond to pricing requests within SLAs.
• Review sighting papers and credit reports, providing reasons for approval or decline.
• Address lender questions via website Q&A.
• Coordinate with the Deal team to ensure timely loan progress.
• Verify compliance of new loan agreements before release.
• Ensure conditions precedent are met before drawdown.
• Attend departmental meetings to promote credit knowledge.
• Monitor post-deal development loans, including tranche drawdowns and updates.
• Provide redemption figures and loan statements.
• Attend client meetings as appropriate.
• Support and train new relationship staff.

Skills & Knowledge:

• Extensive experience in property development funding credit.
• Ability to make informed decisions on new deals.
• Commercial awareness and broader business understanding.
• Strong decision-making skills.
• Effective communication skills.
• Understanding of how credit issues affect the wider business.
• Attention to detail and accuracy.
• Organisational skills and workflow responsibility.
• Proficiency in Microsoft Word and Excel.
• GCSE level education or equivalent.
• Experience in FCA-regulated environments and financial services.
• Knowledge of loan, security, and financial documents.

Future & Rewards:

• Join a stable, growing business with a dynamic team environment.
• Career progression opportunities as the business expands.
• Competitive salary, bonus, pension, healthcare, life cover, and other benefits. Flexible working hours and work-life balance are offered.