Portfolio Manager

Hampshire Trust Bank; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

Hampshire Trust Bank seeks an experienced professional in Development Finance to provide tailored financial solutions to property professionals across the UK. The ideal candidate will have a solid understanding of property lending, along with strong analytical skills to monitor projects and foster relationships. This role demands expertise in residential property development finance and the ability to work closely with SME housebuilders, ensuring effective loan management and risk assessment.

Qualifications

• Experience in property lending or development finance within banking or property services.
• Strong track record of developing relationships with borrowers, brokers.

Responsibilities

• Ensure strong credit stewardship and monitor loan expiries and milestones.
• Liaise with construction teams and assess project progress and budget.
• Prepare regular portfolio reports for presentation to the Committee.

Skills

Analytical skills

Understanding of UK property market

Relationship building

Job description

Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realise their ambitions. Our dedicated Asset Finance, Development Finance, Wholesale Finance and Specialist Mortgages divisions ensure that businesses receive the outstanding service, lasting relationships, integrity and expertise they need to prosper.

We also provide savings accounts to individuals and businesses and since we lend only to businesses, our savers can be sure their money will be used to boost the British economy.

The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.

For more information, please visit our website:www.htb.co.uk

Our Values and Behaviour

All members of the HTB team are expected to demonstrate values and behaviour that underpin everything that we believe in

Customers matter

• We listen to our customers
• We value customer relationships over transactions
• We strive to deliver what customers want, when they want it, how they want it
• We prioritise customer outcomes over corporate expediency
  
  

We deliver

• We approach everything we do with discipline and set high standards
• We do more with less and embrace change
• We are fanatical about financial rigour and risk discipline
• We execute consistently with speed and accuracy
• We constantly strive to improve
  
  

Integrity without compromise

• We always aim to do the right thing - we don’t duck hard choices
• When we make a mistake we own up and fix it
• We are open and honest in all our communication
• We treat innovation and fresh thinking as an opportunity not a threat
  
  

People Power

• We are a meritocracy
• We empower people and make them accountable
• We encourage our people to learn and grow
• We challenge each other honestly & constructively
• We work as a team
• We know diversity makes us stronger
• We celebrate success
  
  

Position:

Our Development Finance division offers creative and customised financing solutions to experienced property professionals across the UK. The team is highly experienced, has a passion for property and understands the market in all its intricacies.

We are focused on building long-term business relationships. We believe that SME housebuilders need to work with a bank that employs experts with specialist knowledge of specific locations and markets. We work in partnership with SME housebuilders, lending our expertise as well as finance.

Requirements:

Qualifications And Experience

You must have:

• Good level of experience in property lending/development finance within a banking or professional property services environment
• Proven track record of developing strong relationships with borrowers, brokers and other professional partners
  
  

Competencies and Attributes

You must have:

• Strong analytical skills
• Understanding of residential property development finance
• A general understanding of building construction (preferable but not essential)
• Strong understanding and appreciation of the current UK property market conditions and trends
  
  

Other information:

• Ensuring strong credit stewardship is maintained including monitoring loan expiries, interest tranche depletion, construction milestones, sale milestones etc.
• Liaising with and supporting the LD’s, RM’s and CM’s to ensure timely identification of potentially problematic loans
• Recommending appropriate loan restructurings where appropriate and preparing amendment credit papers and credit memos for EML cases in conjunction with the LD / RM Site inspections to assess progress of development projects in terms of budget, schedule, quality, significant changes and sales/marketing progress.
• Liaising with Quantity Surveyors, other professionals, borrowers and construction teams as appropriate
• Monthly Time Delays & Cost Overrun analysis to identify common issues at early stage
• Cash flow analysis against original credit approved cashflow to identify material variances at a book level
• Smooth implementation of processes and procedures for new credit policies
• Monitoring of Unit sales including early identification of slow sales pace and/or undervalue sales
• Keeping accurate records, maintaining portfolio monitoring systems and preparing regular portfolio reports/reviews for presentation to Committee
• Input into periodic departmental portfolio overview and the annual Credit Risk review of the DF portfolio.
• To approve advance payments / Materials on Site etc in accordance with delegated authorities
• Input into the development of Keystone and the reporting from the system (including if appropriate Tableau development)
• Work with LDs to develop individual retention plans supporting repeat and new business.