Portfolio Manager

Renaissance Asset Finance; Basildon; On-site; GBP 70,000 - 90,000; Full time

Job summary

Renaissance Asset Finance seeks an experienced professional to own and monitor a diverse BD credit portfolio, overseeing onboarding through to risk monitoring. You will collaborate with Credit, Risk and Audit to ensure governance and credit stewardship across client relationships.

You will draft proposals, analyse financial data, and implement AML/KYC controls while maintaining high standards of risk management and compliance.

Qualifications

• Extensive experience of asset finance in a wide range of market areas.
• Extensive credit risk management experience.
• Extensive experience of managing complex client relationships.
• Previous experience in bank lending at a corporate level.
• Knowledge of current Finance Credit Act legislation, Data Protection laws, Anti Money Laundering and KYC.

Responsibilities

• Managing BD team and RAF Credit in gathering and analysing financial information for Credit Proposals.
• Drafting Credit Proposals and report writing.
• Analysis of key financial and non-financial data to monitor client performance and manage risk.
• Maintain high standards of risk management across credit, operational and reputational risk.
• Liaise with clients, audit, credit, and sales support for day-to-day management of relationships.
• Implement anti money laundering and KYC procedures as laid down by the company.
• Escalate potential issues/risks to senior leadership promptly.

Job description

At Renaissance Asset Finance, building trusted relationships and making informed decisions are at the heart of what we do. As part of our Block Discounting (BD) team, you'll take ownership of a diverse portfolio, overseeing everything from onboarding new clients through to ongoing credit monitoring and risk management. Working collaboratively across Credit, Risk and Audit functions, you'll help ensure our customers receive an outstanding experience while maintaining the highest standards of governance and credit stewardship.

Key Responsibilities

• Managing BD team and RAF Credit in gathering and analysing financial information that will form part of a Credit Proposal.
• Drafting Credit Proposals and report writing.
• Analysis of key financial and non-financial data to monitor client performance in order to manage risk appropriately.
• High standards of risk management including credit, operational and reputational risk.
• Review and implement processes to maintain and enhance Credit Stewardship
• To liaise with clients, audit, credit, and sales support in the day-to-day management of client relationships.
• To implement anti money laundering and KYC procedures laid down by the company.
• Report all issues of regulatory concern to the Block Discounting Senior Director / Audit/ Bank Legal & Compliance Director.
• Communicate and escal potential issues/risks in a prompt and effective manner.

Risk

Responsible for managing risks inherent to the role by diligently observing internal policies and procedures.

Key Interfaces

• Block Discounting customers
• Internal Credit
• Risk functions

Person Specification

Knowledge / Experience

• Extensive experience of asset finance in a wide range of market areas
• Extensive credit risk management experience
• Extensive experience of managing complex client relationships
• Previous experience in bank lending at a corporate level

Technical

• Knowledge and understanding of current Finance Credit Act legislation, Data Protection laws, Anti Money Laundering and KYC
• Computer literate (good knowledge of MS Office suite - Excel, Word, Power-Point)
• Experience in LMA documentation
• Experienced in assessment of company accounts and forecasts

Interpersonal

• Good numeracy and analytical skills
• Excellent planning and organizational skills
• Excellent verbal and written communication skills
• Ability to empathise customer needs at board level
• Dynamic, self-motivated with an entrepreneurial approach
• Self-confidence
• Personable with the ability to understand and deal with challenging personalities, and situations.
• Able to work under pressure and to tight deadlines
• Accuracy and attention to detail
• Professional and well presented and ability to manage and motivate others

Qualifications

Relevant degree or professional qualification desirable but not essential

Competencies

• Team Working
• Developing Others
• Working Proactively
• Problem Solving and Judgement
• Planning and ReviewingCommunication & confidence

About us

Renaissance Asset Finance (RAF) provide unregulated fixed term finance to its chosen customer market of small and medium sized enterprises and high net worth individuals. These are generally introduced to RAF via a network of brokers with whom RAF establishes close working relationships. The majority of the assets financed by RAF comprise of higher value private cars, collectors’ cars, purpose built taxis, coaches and other specialist vehicles. RAF also funds the purchase of a range of commercial plant and machinery as well as a limited volume of business critical soft assets. RAF prefers to finance assets that have strong collateral characteristics and identifiable second hand markets.