Development Finance Director: Origination & Credit

Cedar; Greater London; On-site; GBP 120,000 - 180,000; Full time

Job summary

Cedar in North-West London seeks a Director to lead the development finance team, originating and structuring opportunities, and managing underwriting and credit processes. The role involves overseeing drawdowns and portfolio performance with senior stakeholders.

The candidate will build relationships with developers, brokers and property professionals, presenting credit papers to committees and guiding a small team to meet origination targets.

Qualifications

• Strong track record of originating development finance opportunities.
• Excellent communication with borrowers, brokers and intermediaries.
• Confident presenting credit papers to credit committee and senior management.
• Experience in fast-paced environments with diverse stakeholders.
• Knowledge of development appraisals and structuring development finance facilities.
• Understanding of credit underwriting process, including legal, valuations, monitoring surveyor reports.

Responsibilities

• Generate new development finance opportunities by building and managing relationships with developers, brokers/intermediaries and property professionals
• Originate and structure development finance opportunities
• Manage the underwriting and credit process for new transactions
• Oversee drawdowns and redemptions, ensuring the loan portfolio performs consistently
• Build and/or manage a small team to support origination targets and portfolio management

Skills

Development finance origination

Credit underwriting

Portfolio management

Stakeholder communication

Team leadership

Credit papers presentation

Job description

Cedar in North-West London seeks a Director to lead the development finance team, originating and structuring opportunities, and managing underwriting and credit processes. The role involves overseeing drawdowns and portfolio performance with senior stakeholders.

The candidate will build relationships with developers, brokers and property professionals, presenting credit papers to committees and guiding a small team to meet origination targets.