21 Oct
Close Brothers Group
London
Job description
OVERALL SUMMARY
At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box.
We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
Join Close Brothers Commercial Acceptances Credit Team where you will ensure that :
- Risks associated with; the issuance of loan facility documentation, sign-off of loan pre-completion due diligence, approval of development loan build payments, and approving release of security, are properly monitored and mitigated.
- Credit business is processed in an efficient and timely manner.
- Loan excesses are properly monitored and reported.
- A high quality service is provided at all times to the Front Office Lending Teams.
RESPONSIBILITIES
Credit Risk
- Check all CA Credit Applications for accuracy, completeness and compliance with Credit policy.
- Undertake loan pre-completion due diligence that has been completed by the Lending Teams, including the checking and verification of reports produced by the Bank’s professional Advisors.
- Assess and approve development loan build payment requests in accordance with approved procedures, ensuring that they are strictly in accordance with sanctioned terms, credit governance requirements, and internal policy.
Authorities
- To authorise release of funds for loan completions and development loan build payment requests.
- To authorise full / partial loan redemption requests (execution of DS1’s, DS3’s, Consent to Leases etc).
- To act as an authorised signatory for facility letters and other loan documentation to ensure that signatures are in accordance with the current CA mandate
Credit Policy, Procedures, Monitoring and Compliance
- To contribute to the Team’s objective of leading in the engagement of credit governance and policy, and to actively engage in the Credit Risk process.
- To assist the Senior Manager Credit with the identification of issues within the credit process, and with their resolution.
Ad Hoc and General
- Undertake ad hoc projects assigned by Management.
- Provide guidance and training on Credit Risk matters to members of the Lending Teams, as directed by the Senior Manager Credit
Risk & Compliance
Ensure that all Governance and Compliance requirements are adhered to and all reporting and reviewing activities required by the Regulatory Bodies are carried out to the standards required
WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE / ARE :
- Property lending experience including bridging and residential development finance.
- Good working knowledge of professional’s reports (Valuation, Legal (including Report on Title) and Project Monitoring Surveyor).
- Sound loans administration and credit risk experience at Assistant Manager level.
- Ability to work under pressure.
- Ability to act independently and with decisiveness, comfortable with exercising common sense and commercial judgement
- Willingness to challenge Lending Teams when required
- Ability to work in a high volume, fast paced environment focus on speed whilst maintaining accuracy and attention to detail.
- Communication skills.
- Numerical accuracy.
- Evaluation and analysis skills.
- Prioritisation skills
- Intermediate level IT skills (Word, Excel and Outlook)
IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE / ARE :
CIB (or equivalent) qualified
We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone.
We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us at or request a call back.
ABOUT US
For roles offering hybrid working : At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.
Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading.
At Close Brothers we provide financial support and advice to small businesses and individuals in the UK. Our purpose is to help the people and businesses of Britain thrive over the long term.
▶️ Senior Assistant Manager - Credit
🖊️ Close Brothers Group
📍 London