Portfolio Manager

Portfolio Manager

: RP6029 Salary : £45,000 to 55,000 Contract Type :
Permanent Location :
Manchester, North West

Portfolio Manager, Loan Manager, Portfolio, Bridging Finance, Bridging Loan, Relationship Manager

An exceptional career opportunity is available, due to the company's success and expansion, for a Bridging Loan Portfolio Manager, with a leading Bridging Lender

A market leading package is being offered, a competitive negotiable package, comprehensive benefits and bonus, a long-term career in a dynamic organisation and career progression.

Base salary is very much dependent upon experience. Hybrid working available after successful probation

• Undertaking the Pre-Completion Call
• Dealing with all Borrower interaction once the loan draws-down
• Managing the satisfaction of Conditions Subsequent
• Obtaining of documents as required (e.g., building insurance certificates; replacement AST documents; leases)
• Maintenance of satisfactory records of events during the life of the Loan (primarily but not exclusively using the CRM system)
• Managing anticipated redemption dates
• Negotiating additional loan facilities with the borrower (i.e., term extensions)
• Instructing and liaising with our appointed Lawyer to document loan extensions
• Escalating cases to the Credit Risk Manager / Managing Director
• Preparation of updates to the Lenders / Funders that own the underlying loan.
• Within 5 days of the loan completing issue, addressed to the Borrower our welcome letter which includes the assigned PM name and contact details.
• Checking security documents are correctly executed.
• Maintaining list of executed security documents (as detailed in the Report on Title)
• Monitoring registrations of the charges to ensure they are properly registered.
• Monitor Corporate Borrower’s at Companies House where any alerts are provided and ensure that Confirmation Statements and accounts filed on time and that there are no changes of directorships.
• Where works are being undertaken to the property liaise with the Borrower and / or our appointed Project Monitoring Surveyor (PMS) / Asset Manager (AM) to ensure works are progressing on time, on cost and of quality.
• Where works are being undertaken to the property from the facility allows, action any potential release monies in accordance with our appointed PMS / AM
• Up to date knowledge of tenants, payments, rents, next rent payment due. Understanding borrowers’ activity in other purchases to see if they want to fund other projects through us.
• Hosting borrowers at events (out of hours and weekends) to generate further loan opportunities and strengthen / develop relationships.
• Representing the business at industry sector and social events as required by the business.
• Assisting with possession claims and default claims or appointing receiver’s
• Be able to deal with questions / queries from assignees and sub funders.
• Understanding the suite of security documents and powers conferred within.

• Have excellent Microsoft Excel, Outlook, and Word experience.
• Be comfortable with change and invoking process change.
• Be prepared to contribute to ideas to improve finance systems, processes, and controls; and support their implementation.
• Be able to manage competing priorities and deliver on time deadlines.
• Cover colleagues’ roles during periods of absences.
• Be confident to elevate issues to management.

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