Portfolio Manager

Octopus Investments; Camden Town; Hybrid; GBP 75,000 - 110,000; Full time

Benefits offered by this job

Competitive pay

Untracked holiday

Hybrid work

Wellness hub

Parental leave

Life insurance

Medical insurance

EV leasing

Work overseas

Job summary

Octopus Investments is seeking a Portfolio Manager to manage a portfolio of development finance facilities, monitor performance and interact with borrowers and stakeholders. You will assess credit risk, upgrade processes and support exit strategies while coordinating with legal, servicing and execution teams.

You will take ownership of the portfolio, escalate risks, and contribute to portfolio management improvements in a fast-paced environment.

Qualifications

• Experience in real estate lending, development finance, portfolio management, credit risk, loan servicing or related area.
• Experience managing borrower relationships and assessing loan performance, especially for complex/underperforming loans.
• Ability to interpret valuation, quantity surveying, legal and financial information.
• Excellent written and verbal communication; strong stakeholder management.
• Highly organised with ability to juggle multiple priorities in a fast-paced environment.

Responsibilities

• Manage day-to-day requirements of a portfolio of development finance facilities from completion through repayment.
• Maintain detailed understanding of each facility, including credit structure, covenants, security and exit strategy.
• Identify emerging risks and escalate with recommendations.
• Support senior colleagues on underperforming and higher-risk loans.
• Escalate material risks promptly to senior management and committees.
• Monitor covenant compliance, facility performance and borrower reporting.
• Develop and maintain relationships with borrowers, sponsors, brokers and advisers.
• Manage routine consents, amendments and waivers; support restructurings and settlements.
• Coordinate with valuers, surveyors, lawyers, insolvency practitioners and receivers.
• Act as day-to-day contact for borrowers and coordinate queries.
• Review requests for amendments, extensions and funding; escalate complex matters.
• Prepare clear credit papers and recommendations for Committees.
• Undertake financial and commercial analysis; summarize key points to support decisions.
• Support refinancing, enforcement and recovery options to maximise investor outcomes.
• Seek feedback and build knowledge across credit, documentation and portfolio management.
• Contribute to development of portfolio management processes, controls and reporting.

Skills

Real estate lending

Development finance

Portfolio management

Credit risk

Loan servicing

Stakeholder management

Communication skills

Organised

Job description

At Octopus, we're entrepreneurs and we're investors, on a mission to back the people, ideas and industries that will change the world.

Job Description

The Portfolio Manager is responsible for the day-to-day management and administration of a portfolio of loans across Octopus Capital’s lending portfolio. They will monitor facility performance, maintain accurate portfolio information, manage regular borrower interactions and support successful loan exits, amendments and the resolution of emerging issues.

The role requires sound credit judgement, commercial awareness and the ability to work effectively with stakeholders across lending, execution, legal, credit and servicing functions. As a member of the Portfolio Management team, the Portfolio Manager works closely with senior colleagues, takes ownership of their portfolio and contributes to wider team initiatives.

Key Responsibilities

• Manage the day-to-day requirements of a portfolio of development finance facilities from completion through to repayment, with oversight from senior colleagues.
• Maintain a detailed understanding of each facility, including credit structure, covenants, security, construction progress and exit strategy.
• Identify emerging credit, construction, legal and market risks, complete an initial assessment and escalation with a clear recommendation.
• Support senior colleagues on underperforming and higher-risk loans, including information gathering, option analysis, action tracking and implementation.
• Escalate material risks and issues promptly to senior management and relevant committees.
• Monitor covenant compliance, facility performance and borrower reporting requirements, ensuring records, trackers and systems remain complete and up to date.

Borrower & Stakeholder Management

Develop and maintain strong relationships with borrowers, sponsors, brokers and professional advisers.

Manage routine consents, amendments and waivers, and support negotiations on more complex restructurings and settlement agreements.

Coordinate with external stakeholders including valuers, quantity surveyors, lawyers, insolvency practitioners and receivers.

Act as the day-to-day point of contact for borrowers, coordinating queries and ensuring agreed actions are followed through.

Credit & Transaction Management

Review and assess requests for facility amendments, extensions and additional funding, escalating more complex matters where appropriate.

Prepare clear, well-supported credit papers and recommendations for Committees and other approval forums.

Undertake financial and commercial analysis, review professional reports and summarise key points to support portfolio decisions.

Support the assessment of refinancing, enforcement and recovery options to maximise investor outcomes.

Actively seek feedback and build technical knowledge across credit, documentation and portfolio management.

Contribute to the ongoing development of portfolio management processes, controls and reporting.

Qualifications

Experience & Skills

Experience in real estate lending, development finance, portfolio management, credit risk, loan servicing or a related area.

Experience managing borrower relationships and assessing loan performance, with exposure to more complex or underperforming situations desirable.

Ability to interpret valuation, quantity surveying, legal and financial information.

Good understanding of facility documentation, security structures and key credit protections.

Excellent written and verbal communication skills.

Strong stakeholder management skills and the confidence to challenge constructively.

Highly organised, with the ability to manage multiple priorities in a fast-paced environment.

Additional Information

What we offer

• A competitive salary, bonus, pension and share incentive plan
• Untracked holiday
• Hybrid working - three days in the office, two days from home
• Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP, employee assistance program & more
• Up to 6 months paid parental leave regardless of gender
• Life insurance, critical illness cover and income protection
• Private medical insurance for you and your family
• Electric vehicle leasing
• The option to work overseas up to a month per year

Our Values

At our core, we believe that how a company behaves is just as important as what it does. That's why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests all our stakeholders - employees, customers, communities, environment and shareholders - are considered in every decision we make.

We are committed to building a workplace where diversity is valued, and inclusion is a priority. By providing equal opportunities for growth and development, we embrace and celebrate all races, genders, religions, sexual orientations, ages, disabilities, and socio-economic backgrounds. We believe teams achieve their best when every member feels safe, respected and empowered to be their authentic selves.

We're proud to be disability confident and are committed to supporting candidates with a disability, including neurodiversity and mental health conditions, throughout the recruitment process. Applicants are welcome to opt-in to the disability confident scheme as part of our application process. If you require any adjustments to the interview process, we'll be happy to accommodate where possible.