Job Details

Development Credit Manager

London, Greater London, United Kingdom, Permanent

Posted: 11days ago


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

London, Greater London, United Kingdom