Portfolio Manager Development Finance - (South-West or South-East)

Shawbrook Bank; Greater London; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a Portfolio Manager to oversee Development Finance transactions. This role involves managing a diverse portfolio, ensuring compliance, and fostering strong relationships with clients. The ideal candidate will have a proven background in Development Finance and a knack for risk management. Join a purpose-driven organization that values innovation and employee well-being, offering a supportive environment where your contributions make a significant impact. If you thrive in a fast-paced, collaborative culture and are eager to grow professionally, this opportunity is perfect for you.

Benefits

Market leading family friendly policies

Free access to Headspace app

Free access to Peppy digital health app

Employee Assistance Programme

Cycle to work scheme

Discounts on gym membership

Contributory pension scheme

Minimum of 27 days holiday

Flexi-holiday scheme

Participation in annual discretionary bonus scheme

Qualifications

• Proven experience in Development Finance with strong financial acumen.
• Ability to manage risk and develop customer relationships effectively.

Responsibilities

• Manage a portfolio of Development Finance connections and monitor risks.
• Ensure compliance with policies and maintain excellent customer relationships.

Skills

Development Finance

Risk Management

Customer Relationship Management

Market Analysis

Financial Acumen

Education

Degree/MBA or equivalent work experience

Job description

The Development Finance Portfolio Management team is a segregated team who manage the credit risk of development finance transactions, alongside other in-life activities. The Portfolio Manager role will have their own portfolio of clients in conjunction with team management responsibility.

The Portfolio Manager role will have responsibility for:

1. Individual Development Monitoring, working with 3rd party & in-house monitoring surveyors
2. EWI Monitoring
3. Covenant Monitoring
4. Annual Reviews
5. Provision of additional debt facilities to support existing developments, if needed
6. Managing post execution in-life activities inclusive of site visits, restructures and drawdowns
7. Focus on customer retention & delivering a great customer experience
8. Origination support to effectively onboard new customers

PM have responsibility for all performing cases, working with the NPL team for underperforming and non-performing cases.

Key Responsibilities

The primary responsibility will be to manage effectively a portfolio of Development Finance connections, proactively manage risk across the portfolio and within the Group Risk Appetite.

The role will be required to work collaboratively with the wider Development Finance Team, Construction Risk, Structured Lending NPL and Real Estate Portfolio Management teams to provide a seamless client proposition.

In addition, the role will have responsibility for:

1. Develop and maintain excellent customer relationships with new and repeat borrowers
2. Ensure a good understanding of policies, procedures and compliance
3. In conjunction with Business Support and Senior Portfolio Manager
4. Active Portfolio Monitoring for trends, concentrations, sub-sector variances etc.
5. Market Analysis & Portfolio Reviews, plus Horizon Scanning
6. Consider market, macroeconomic and regulatory impacts on the portfolio and take necessary actions where appropriate, including updating relevant Risk Committees on early warning signs
7. Manage credit, legal and compliance risks on own portfolio and contribute to team controls
8. Support and collaborate with wider team members
9. Regular performance monitoring and performance management reporting
10. Ensure the completion (within appropriate timescales) of ongoing credit stewardship activity to a high standard, including but not limited to annual reviews, MI/covenant monitoring, EWI reporting/escalation, Watch actions/reporting, Expiries and KYC/AML
11. Develop and maintain excellent working relationships both internally and externally

The role will report to the regional Senior Portfolio Manager.

The Person

1. Degree/MBA or similar business qualification or equivalent work experience appropriate to the role
2. Proven experience in Development Finance
3. Deep and broad business and financial acumen

The Opportunity

Shawbrook provides finance to a wide range of customer segments that value the premium experience, flexibility and certainty we deliver. We are a purpose-led organisation, with a focus on delivering long-term sustainable value for all our stakeholders.

We have a diversified offering, with our innovative lending propositions tailored to meet specific customer needs in carefully selected markets across SME, Real Estate and Personal. Our products range from complex structured credit facilities for growth-focused businesses to mortgages for professional landlords and property investors, as well as simple loans for consumers delivered digitally. We fuel our lending through customer deposits, which we attract by delivering a premium experience, choice and consistently great value to smart savers.

The business model we have created is unique and difficult to replicate, with our ‘best of both’ approach combining deep human expertise with advanced digital, tech and data capabilities. This combination not only allows us to deliver excellent customer experiences, but to do so efficiently and at scale. We are proud of our innovative and agile culture, which drives consistently high employee engagement scores and makes Shawbrook an attractive destination for the best talent. If you’re willing to roll up your sleeves, contribute new ideas and believe anything is possible, you’re our kind of person.

Work with us because you:

1. Want to be part of a bank built for the dynamics of the modern world
2. Relish a challenge and enjoy a fast-paced, innovative and hardworking culture
3. Enjoy finding new and better ways to solve complexity and make things happen
4. Want to belong to a diverse culture that stands shoulder to shoulder with minority and underrepresented groups
5. Care about society and the environment and want to be part of a business that cares too
6. Want to continue to grow professionally and be the best version of yourself

Reward

Your Wellbeing - We take your health and well-being very seriously by providing a range of benefits to give you and your family peace of mind. These include:

1. Market leading family friendly policies such as access to our Maternity, Adoption and Paternity policies from Day 1 of your employment
2. Free access to Headspace, a mindfulness & meditation digital health app
3. Free access to Peppy digital health app that offers personalised support through fertility treatment, becoming a parent or menopause
4. EAP (Employee Assistance Programme) - Offering you support on a wide range of subjects including financial concerns, mental wellbeing and more general queries around family, work, housing, and health
5. Cycle to work scheme
6. Discounts on gym membership
7. Contributory pension scheme & death in service

Your Lifestyle - It’s important you strike the right balance between your work and personal life. We provide benefits to support you when at work and when you’re enjoying your leisure time.

1. Minimum of 27 days holiday per year
2. Option to buy or sell holiday days through our flexi-holiday scheme
3. Discounts on gym membership nationwide
4. Access to discounts on a range of high street and online brands
5. Community support and charitable giving

Your Contribution - We’re focused on rewarding those that go the extra mile in helping us achieve our goals.

1. Participation in our annual discretionary bonus scheme designed to reward your contribution to our success
2. Proudly Shawbrook recognition scheme focused on recognising our role models and thanking our colleagues for a job well done