Portfolio Manager

About the Opportunity

Join Close Brothers Property Finance Team where you will support the team in the ongoing management of their portfolio of loans to property developer and investor clients.

You will take responsibility for pro-actively managing accounts and key relationships with clients and professionals demonstrating initiative and an ability to suggest solutions to any issues that may arise.

Responsibilities

• Undertake due diligence on newly approved loan facilities ensuring that all lending requirements are met and that all credit controls and procedures are properly adhered to.
• Maintain customer account records in the Lending System in order that the integrity of the Bank's accounting records and data is maintained, liaising with the Credit, Finance, and Operation teams as appropriate.
• Assist the Line Manager with the preparation of Credit Committee papers and attend Credit Committee in conjunction with the Line Manager to seek approval for new loan facilities, renewals, and amendments to the portfolio and present the papers to Committee when required.
• Prepare and issue Facility, Amendment, and Renewal Letters and follow up thereafter.
• Instruct the bank's professional advisors (solicitors, valuers, and monitoring surveyors) and thereafter ensure that their reports are received promptly and address all the relevant issues (as set out in the formal instructions) and are generally of a quality that meets the bank's desired standards.
• Prepare payments for authorization at the completion of new facilities or for stage and interim payments, ensuring that the approved lending parameters and any special requirements have been addressed or ‘signed off’ by the appropriate people.
• Monitor the portfolio and keep loan renewals and Annual Credit Reviews up to date.
• Take new inquiries from potential clients and introducers and obtain information for further consideration with the Line Manager for suitable opportunities.
• Attend site and other meetings to develop a strong relationship, understanding of the transaction, and build your knowledge of the industry and clients.

About You

WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE/ARE:

• Ability to prioritize and manage your own workload and work under pressure when necessary.
• Self-motivated and able to demonstrate excellent time management skills.
• Good communication skills and a professional manner.
• Ability to work effectively in a team.
• An understanding of financial accounts and key risks associated with lending.
• An understanding of the UK residential development and wider real estate markets.

We would particularly welcome applications from candidates currently working within specialist property lenders, real estate lending teams within banks, property developers, housebuilders, debt advisory businesses, valuation practices, project monitoring consultancies, and related property sectors.

Eligibility

We are committed to providing an inclusive and accessible recruitment process. We recognize that candidates may have specific needs that require adjustments to ensure they have a fair and equal opportunity to demonstrate their skills and abilities. Candidates who require the job description or application form in an alternative format, or any other adjustments, are encouraged to email us at recruit.ssc@closebrothers.com or request a call back.

Benefits

To find out more about our benefits, please visit: Employee Benefits

About Company

At Close Brothers we support employees to balance their work-life priorities, and in this role, you will be able to enjoy a mixture of hybrid working.

Close Brothers is a leading UK merchant banking group providing lending, deposit taking, and securities trading. We employ approximately 3,000 people, principally in the United Kingdom and Ireland. Close Brothers Group plc is listed on the London Stock Exchange and is a constituent of the FTSE 250.

To find out more about Close Brothers, please visit our careers page.

To find out more about life at Close Brothers, visit: Life at Close Brothers

To find out more about our commitment to creating an inclusive environment, visit: Diversity and inclusion at Close Brothers Group