Credit Operations Manager - Greater London, United Kingdom - Buckden Partners

    Buckden Partners
    Buckden Partners Greater London, United Kingdom

    2 weeks ago

    Default job background
    Description

    Job Description

    My client is an established Debt Fund who provides bridging and development finance loans up to £10m.

    Responsibilities:

    Case management and third-party communication


    • Responsibility and management of cases from point of valuation to completion, including liaising with solicitors, valuers and brokers;


    • Management of broker and client communications following handover from Sales;


    • Updating the management team on the status of cases on a regular basis


    • Oversight of Underwriting Assistant's work on transactions.

    Transaction due diligence and risk assessment


    • Borrower risk assessment, including assessment of clients' background, credit reports and financial status, including affordability assessment where necessary;


    • Property risk assessment, including of Security Properties including third party valuation, viability of development (if applicable), any issues raised in conveyancing and viability of borrowers exit proposal(s);


    • Ensuring all transactions fit within the company's Credit Policy and identifying changes where necessary;


    • Identifying transaction risks and recommending appropriate mitigation where possible;


    • Preparing summary reports of each loan for Credit Committee review.

    Other general responsibilities


    • Ensuring the Company's compliance policies e.g. AML/data protection etc., are adhered to and any issues are reported to the Compliance Officer;


    • Assist the Redemptions and Collections dept. where necessary.

    What you will Bring:


    • Mandated property underwriting experience (4-5 years minimum);


    • Property Finance related background;


    • University level education / 5+ yrs work experience in relevant field;


    • CEMAP qualified (preferred but not a must)


    • Good knowledge of the mortgage / lending sector;


    • Understanding of development process and lifecycle;


    • Ability to interpret credit reports from all major agencies;


    • Good knowledge of industry regulation including MCD/MCOB, AML, regulated vs non-regulated deals;


    • Up to date knowledge of the property sector;

    Salary: up to £75k (depending on experience)

    Location: London (4 days in the office/1 day at home)