Portfolio Manager

TN United Kingdom; Manchester; Hybrid; GBP 45,000 - 55,000; Full time

Job summary

An exceptional career opportunity awaits as a Bridging Loan Portfolio Manager with a leading Bridging Lender. This role offers a competitive salary and benefits, along with career progression in a dynamic organization. You will manage borrower interactions, oversee loan conditions, and represent the business at industry events. If you thrive in a fast-paced environment and are passionate about finance, this position is perfect for you. Join a market leader and take your career to the next level!

Qualifications

• Experience in portfolio management and bridging finance.
• Strong skills in Microsoft Office applications.

Responsibilities

• Manage borrower interactions and loan conditions post-drawdown.
• Prepare updates for lenders and monitor loan conditions.
• Represent the business at industry events to strengthen relationships.

Skills

Portfolio Management

Loan Management

Bridging Finance

Relationship Management

Microsoft Excel

Microsoft Outlook

Microsoft Word

Job description

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Ref: RP6029 Salary: £45,000 to 55,000 Contract Type: Permanent Location: Manchester, North West

Portfolio Manager

Ref: RP6029 Salary: £45,000 to 55,000 Contract Type: Permanent Location: Manchester, North West

Skill Set

Portfolio Manager, Loan Manager, Portfolio, Bridging Finance, Bridging Loan, Relationship Manager

An exceptional career opportunity is available, due to the company's success and expansion, for a Bridging Loan Portfolio Manager, with a leading Bridging Lender

A market leading package is being offered, including a competitive negotiable package, comprehensive benefits and bonus, a long-term career in a dynamic organisation, and career progression.

Base salary is very much dependent upon experience. Hybrid working available after successful probation.

Bridging Loan Portfolio Manager Main Requirements:

1. Undertaking the Pre-Completion Call
2. Dealing with all Borrower interaction once the loan draws-down
3. Managing the satisfaction of Conditions Subsequent
4. Obtaining of documents as required (e.g., building insurance certificates; replacement AST documents; leases)
5. Maintenance of satisfactory records of events during the life of the Loan (primarily but not exclusively using the CRM system)
6. Managing anticipated redemption dates
7. Negotiating additional loan facilities with the borrower (i.e., term extensions)
8. Instructing and liaising with our appointed Lawyer to document loan extensions
9. Escalating cases to the Credit Risk Manager/Managing Director
10. Preparation of updates to the Lenders/Funders that own the underlying loan.
11. Within 5 days of the loan completing, issue a welcome letter to the Borrower including the assigned PM name and contact details.
12. Checking security documents are correctly executed.
13. Maintaining a list of executed security documents (as detailed in the Report on Title).
14. Monitoring registrations of the charges to ensure they are properly registered.
15. Monitoring Corporate Borrowers at Companies House for alerts, and ensuring that Confirmation Statements and accounts are filed on time, with no changes of directorships.
16. Liaising with Borrowers and/or our appointed Project Monitoring Surveyor (PMS)/Asset Manager (AM) during property works to ensure progress, cost, and quality standards.
17. Managing potential release monies during property works as per the facility and PMS/AM instructions.
18. Keeping up-to-date with tenants, payments, rents, and understanding borrowers’ activities for further funding opportunities.
19. Hosting borrowers at events (including out of hours and weekends) to generate additional loan opportunities and strengthen relationships.
20. Representing the business at industry sector and social events as required.
21. Assisting with possession and default claims or appointing receivers.
22. Handling questions/queries from assignees and sub-funders.
23. Understanding the suite of security documents and powers conferred within.

Bridging Loan Portfolio Manager Person Specification

• Excellent Microsoft Excel, Outlook, and Word skills.
• Comfortable with change and process improvements.
• Contributing ideas to improve finance systems, processes, and controls, and supporting their implementation.
• Managing competing priorities and meeting deadlines.
• Covering colleagues’ roles during absences.
• Confidently escalating issues to management.