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Job Details

Development Credit Manager

London, Greater London, United Kingdom, Permanent

Posted: 11days ago

Description:

The residential development book currently comprises c. £500m of development assets across c. 100 loans. The Book has been structured off stretched senior debt lending (up to 85% LTC) and we are looking for a dynamic and experienced individual to structure and underwrite new loans onto this growing book. The successful candidate will have a detailed understanding of development finance, including development cash flow analysis, visiting sites, speaking to borrowers & brokers and underwriting new deals. The candidate will receive excellent support from senior management, as well as the wider team.

Essential Job Functions

* Structure, underwrite and execute new development facilities

* Write and present detailed credit papers outlining the risks and mitigants for a deal, with a clear recommendation

* Manage and analyse all the diligence streams for a transaction, including valuation reports, QS reports and legal documents

* Manage the relationship with all key stakeholders to ensure a smooth transaction process

* Contribute to the growth of the Residential Development Team, through increasing the size of the loan book, designing and implementing new loan products

Job Details

1138509458
London, Greater London, United Kingdom
Permanent