1184 live jobs listed
Please enter a keyword to search.

Senior Portfolio Manager – Peer to Peer Lender

Posted
01 Jun 2018
Agency
Focus Search And Selection Ltd
Salary
£60,000 to £70,000 pa
Location
Manchester,Greater Manchester,United Kingdom
Job type
Permanent
Reference
363 - SPM - PS
View this job on Focus Search And Selection Ltd site
Add this job to my basket

Description

Our client a rapidly growing Peer to Peer lender are looking for a professional and motivated Senior Portfolio Manager to join their expanding team to help assist with and manage a number of loans post draw down.

As the initial point of contact post loan drawn down, you as Senior Portfolio Manager will collect and review management information, ensure post conditions of the loans are met, pursue payments and manage the 'take-on’ of new cases.

The Senior Portfolio Manager will also be responsible for the management of a number of more complicated loans, including reporting to investors on a regular basis and for recommending and implementing strategies to address any risks or issues.

Key Responsibilities

Review of new lending immediately post draw down
• Thorough review of the credit report, loan agreement and correspondence with the Relationship Support Team, understand and lead the ongoing information requirements and the subsequent monitoring requirements.
• Ensure consistency between the credit report, offer letter and loan agreement, highlight and deal with any inconsistencies.
• Perform post draw down tasks including issuing the introductory email to borrowers, executing the subsequent conditions, gaining receipt of insurance policies, setting up of case files etc.

Management Information (MI) / Annual Accounts (AA)
• Liaison with borrower to fully understand and/or query MI/AA.
• Review and analyse incoming MI/AA. Cross reference MI/AA to credit report, forecasts, historic information for trend analysis, identify any risks and/or issues and proactively address these.
• Accurately record all MI/AA on to the internal monitoring systems in a timely manner.
• Conduct covenant testing for each lend and fully maintain covenant tracker.
• Identify and pursue any overdue MI/AA through management of internal monitoring systems.
• Prepare and issue accurate weekly statistics regarding overdue MI/AA.

Loan Repayments
• Liaison with Finance team to review daily cash receipts.
• Fully maintain the payment tracker.
• Identify any overdue payments and liaise with the borrower to ensure payment in full.
• Prepare and issue accurate weekly loan repayment statistics.

Portfolio Management
• Prepare and issue periodic updates to lenders.
• Answer questions received from lenders.
• Prepare outgoing correspondence, including 'Reservation of Rights’ letters, redemption statements etc.
• Liaison with external parties, including solicitors and advisers.

Credit Risk
• From ongoing review of MI/AA and monitoring of loan repayments, identify loans which may require additional management support, prepare briefing paper and present to the Loan Strategy Review committee. Follow up on actions and provide regular updates on progress.
• Prepare briefing papers for Credit/Relationship Managers to highlight specific cases where risks are identified. Ensure risks are mitigated or managed.
• Where appropriate schedule, attend and chair borrower meetings/visits.
• Record key learning points where multiple/common issues become evident and take action to address these points.

Other
• Work to defined deadlines ensuring issues are escalated as necessary.
• Work effectively as part of the Team and share best practices to maximise operational efficiencies and drive consistency and continuous improvement.
• Coach and develop other members of the Team.
• Comply with relevant Group policies
• Undertake project work.

Skills & Knowledge
•Extensive experience in a similar role in financial services, demonstrating a track record of maintaining excellent oversight and control of a loan book portfolio
• Experience of working in an FCA (or similar) regulated environment
• Excellent knowledge of loan, security and financial documents
• Advanced knowledge of potential sources of risk and their impact on project success
• Organised with the ability to work autonomously, as well as part of a team.
• Strong relationship building skills with the capability of operating with people at all levels
• Ability to use appropriate influencing styles to gain 'creditability’ and 'buy in’
• Proactive self-starter
• Excellent management and organisational skills
• Excellent verbal and written communication skills and the ability to communicate effectively and disseminate information to both technical and non-technical people
• Good attention to detail and accuracy
• A passion for continuous improvement
• A good understanding of Microsoft Word and Excel

This is an ideal opportunity for a Portfolio Manager to join an expanding business supported by an enthusiastic team with rewards of base salary of up to £70,000 PA bonus scheme, pension scheme, life cover and other related benefits.

Take charge of your career and apply now!!

You will be rewarded with a very generous basic salary, bonus potential and benefits package including a whole
range of flexible benefits.

Please note that our client is an equal opportunities Employer and adheres to all relevant legislation and offer services regardless of age, race, sex, disability or religious belief.

Related Jobs

Peterborough,Cambridgeshire,United Kingdom
20 Jun 2018
£18K to £30K pa
This is a fantastic opportunity to join a legal firm with an excellent profile and fast growing private client team, which has the ability to provide you with high quality work as well as future career progression opportunities including a training
Hayes,G. London,United Kingdom
25 Jan 2016
£28K to £31K pa
Our Hayes based client is looking to recruit an Accounts Payable Supervisor. Experience in an Accounts department is essential along with good knowledge of balance sheet and profit loss. Ability to motivate and lead others. Must have solid understanding of
Woolacombe,Devon,United Kingdom
05 Jun 2018
£0 pa
A position has arisen for a Head Chef to join a charming Pub Restaurant just outside Woolacombe Head Chef Woolacombe, North Devon Permanent position all year around up to 45 hours per week, flexible working hours to include straight shifts. Could give
Ellesmere Port,Merseyside,United Kingdom
08 Nov 2016
£25K to £35K pa
Senior SEO Strategist / SEO Manager - Senior Organic Search Salary: £25,000 to £35,000 dependant on experience plus many benefits Location: Hooton Click Consult is a multi award-winning search marketing agency. We are looking for a Senior SEO Strategist to join our team of
Hong Kong SAR,Hong Kong SAR,Hong Kong SAR
13 Jun 2018
HK$660K to HK$845K pa
A well renowned worldwide design agency with multiple offices across the globe are looking to expand their team in Hong Kong. Their main focus is within the creative an retail space where they deliver professional and quality driven services and projects.
Focus Search And Selection Ltd
Focus Search And Selection Ltd Sectors: Financial Services, FMCG
Locations: , East of England, Greater London, North West England, Yorkshire and the Humber