Head of Credit - Tankersley - Aimee Willow Connex : Job Details

The Role:

• This role is overseeing the bridging lending process following handover from the BD Team, assessing credit worthiness and the project viability through to draw down, deal completion.
• Recommendation to underwrite loans against agreed lending criteria.
• You will be required to be alert to the risks attributed to an application ensuring that both the loan is suitable and fit for purpose.
• Ensuring that the correct and completed documentation has been received.
• Prepare detailed underwriting documentation/credit paper for review by the Directors.
• You and your team will be responsible for all underwriting queries and resolution of issues, recommending appropriate mitigation of risks where possible.
• Support our existing and new client base, whilst liaising with internal departments (legal and finance) and external parties (Surveyors, Quantity Surveyors, Solicitors) to effectively manage the lending process.
• Your role will require you to arrange quotes, and to formally instruct valuations, solicitors and site inspections and where necessary, visit a customer on site to assess any unusual cases or specific risks.
• Confirming inspections are booked, and reports are received within agreed time scales, ensuring that you highlight any concerns or issues as you underwrite.
• Maintain and record accurate information to ensure that our borrowers/client information is always up to date and correct including loans underwritten, assessment process and rationale.
• Build and maintain effective relationships with all stakeholders both internal and external ensuring that they are informed as to the loan progress.
• Prepare reports for internal meetings, and potentially external stakeholders.
• Review draft loan agreements for accuracy and provide our external solicitors with guidance around specific deal related risks which can be used by solicitors to form additional clauses where required.
• Manage a current team of three individuals who are responsible for the day to day loan management and underwriting.

The Requirements:

• At least 5 years of previous underwriting experience at management level within a bank or another property bridging lender.
• Strong understanding of the property lending market.
• Experience of working within the commercial and residential property markets.
• You will have excellent communication skills (Written and Verbal) along with the ability to confidently present to internal and external stakeholders.
• Whilst managing a small team you will be required to work pro-actively to achieve business objectives and be skilled at capturing and recording important information for underwriting purposes and tracking reports.
• Train and develop the loan management/underwriting team in the art of effective underwriting, assessing company accounts and looking for risks to mitigate within each deal.
• Have a strong understanding of the banking appetite within the challenger and high street banking markets so we can identify potential exit routes for clients.
• Able to organise, manage your time effectively, whilst prioritising your workload to meet deadlines within a fast-paced environment.
• Highly proficient in the use of Excel spreadsheets and Microsoft Office
• Strong customer service skills.
• There will be a requirement to grow the team of underwriters. The candidate should be able to identify, assess and recruit in line with the Company’s growth strategy.
• We are seeking someone with a high degree of accuracy and attention to detail.

The Benefits:

28 days annual leave inc bank holidays

Annual company related bonus (Discretionary)

Car parking

40 hours per week

Opportunity for career progression and growth

Team socials

Modern offices