Senior Credit Manager

Octopus Group; London; Hybrid; GBP 45,000 - 85,000; Full time

Job summary

Join a forward-thinking organization as a Credit Manager, where your expertise in property finance will shape innovative lending solutions. This role offers a chance to work collaboratively within a dynamic team, focusing on structuring loans that align with client needs and risk appetites. You'll engage in the entire deal process, from origination to completion, while contributing to team growth and process improvements. The company supports a flexible working environment and values diversity, making it an exciting place to advance your career in the property finance sector.

Benefits

Competitive Salary

Bonus

Pension Plan

Share Incentive Plan

Untracked Holiday

Wellness Hub

Paid Parental Leave

Life Insurance

Private Medical Insurance

Electric Vehicle Leasing

Qualifications

• Detailed understanding of property finance and investment.
• Experience in credit analysis and loan execution.

Responsibilities

• Structure new loans with origination colleagues.
• Write detailed credit papers with risk assessments.
• Manage diligence streams and lead legal negotiations.

Skills

Property Finance

Credit Analysis

Risk Analysis

Numerical Skills

Due Diligence Management

Stakeholder Management

Report Writing

Understanding of UK Property Market

Education

Relevant Degree in Finance or Property

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.

We think working here is great, but we’re understandably biased. Click here to explore Life at Octopus.

About the Role

What’s in it for you?

We’re a forward-thinking organisation that takes a flexible approach to lending across a wide range of property sectors. From retirement homes to student accommodation (PBSA), care homes to residential developments, our appetite for new opportunities is diverse, and we take pride in shaping our own deals.

For an experienced Credit Manager, this is an opportunity to get creative and become part of an innovative team that is constantly looking at new opportunities to provide flexible funding solutions across the UK. The Credit Team is involved in the end-to-end deal process from origination to negotiation of legal through to land loan completion.

The team
The Credit team consists of 3 Credit Managers reporting to a Head of Development Credit. You’ll be part of a wider Commercial and Development lending team of 21 people that includes origination and portfolio management teams.

What will you be doing?

• Work with our origination colleagues to structure new loans, ensuring they work for both the client and our risk appetite.
• Write and present detailed credit papers outlining the key risks and mitigants for a deal, with a clear recommendation.
• Manage and analyse all the diligence streams for a transaction, including valuation reports, QS reports and legal documents. Lead legal negotiations with lawyers and borrowers.
• Contribute to the growth of the team, through increasing the size of the loan book, continuously improving processes and designing and implementing new loan products.

Qualifications

• A detailed understanding of property finance, including development and property investment.
• Experience in underwriting/ credit analysis and executing loans.
• Strong credit and risk analysis, with the ability to identify and mitigate any early warning signals.
• Highly numerate with a good understanding of development cashflows/ financial accounts.
• Due Diligence management and analysis (Legal, Valuation and QS reports).
• Confidence and the ability to manage and build rapport with all stakeholders.
• Team player with the ability to work across several workstreams simultaneously.
• Excellent report writing and general communication skills.
• Ambitious with a good understanding of the UK property market.

What we offer

A competitive salary, bonus, pension and share incentive plan.
Untracked holiday.
Hybrid working – most of our people spend 3 days a week in the office.
Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP & 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 of 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.