Portfolio Manager

1 week ago


Leeds UK, West Yorkshire, United Kingdom KFS Recruitment Full time

AMAZING HYBRID PORTFOLIO MANAGER VACANCY


Based in Leeds (two days per week) and remote 3 days per week (at home and on sites)

Our Client, a respected and well-established specialist lender, is looking for an experienced Portfolio Manager to join their experienced and growing team.

You will be working in a team of 35, with 10 people covering portfolios from Peterborough to the Scottish border.

Ideally you will be based within a 2 hour commute of Leeds and will definitely be able to work from the office every week.

The right candidate MUST have strong credit and relationship skills and will have developed a thorough knowledge of development finance, so that they can confidently discuss all aspects of deals, post completion, including finding new solutions for extensions on loans and litigation procedures. Proof of adherence to regulations and company lending structures is a must.

The lender's reputation speaks for itself, and they find pride in the level of repeat business they attain. They therefore need to find someone with the right client relationship skills , so that each portfolio (made up of 25-35 clients) is managed effectively and thoughtfully.


Official Job Description:

  • Ensuring strong credit stewardship is maintained including monitoring loan expiries, interest tranche depletion, construction milestones, sale milestones etc.
  • Liaising with and supporting the Bank’s LD’s, RM’s and CM’s to ensure timely identification of potentially problematic loans
  • Recommending appropriate loan restructurings where appropriate and preparing amendment credit papers and credit memos for EML cases in conjunction with the LD / RM Site inspections to assess progress of development projects in terms of budget, schedule, quality, significant changes and sales/marketing progress.
  • Liaising with Quantity Surveyors, other professionals, borrowers and construction teams as appropriate
  • Monthly Time Delays & Cost Overrun analysis to identify common issues at early stage
  • Cash flow analysis against original credit approved cashflow to identify material variances at a book level
  • Smooth implementation of processes and procedures for new credit policies
  • Monitoring of Unit sales including early identification of slow sales pace and/or undervalue sales
  • Keeping accurate records, maintaining portfolio monitoring systems and preparing regular portfolio reports/reviews for presentation to Committee
  • Input into periodic departmental portfolio overview and the annual Credit Risk review of the Development Finance portfolio.
  • To approve advance payments / Materials on Site etc in accordance with delegated authorities
  • Input into the development of Keystone and the reporting from the system (including if appropriate Tableau development)
  • Work with LDs to develop individual retention plans supporting repeat and new business.


Why join this team??

SO MANY REASONS... Credibility, Company stability/ longevity, Good basic salary + annual bonus of up to 40% (usually 10-20%), Amazing holiday allowance and benefit structure, Hybrid working, Excellent culture, Award winning team, Progression opportunities, Inclusivity

... there are more, but if you like what you see AND you have the above skills, please get in touch for the full job spec and lowdown on the role and company.


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