Property Development Manager

  • Job Reference: AM
  • Date Posted: 29 March 2017
  • Location: London
  • Salary: On Application
  • Sector: Coverage Banking
  • Job Type: Permanent
  • Work Hours: Full Time
  • Contact: Alec McCann
  • Email:
  • Telephone: 0044 207 588 3322

Job Description

My client is a long established British Bank with specialisations in development, bridging and technology finance.

They have an opening in their Property Development Division for an experienced Business Developer to generate and protect profits by transacting new development finance business and ensuring that risks are mitigated by the efficient structuring, management and control of the resultant loan portfolio and associated activities.

You will report to the Executive Director and execute the following responsibilities and accountabilities:

New Business
a) Liaising with Executive Director to generate and effect marketing and sales plans, including direct contact with potential customers, professional intermediaries, brokers etc.
b) Analyse, negotiate and structure proposals so that you may recommend them to Credit Committee for approval.
c) Progress sanctioned proposals to drawdown with the help of the Division’s Administration Staff.

a) Generate business through the Bank’s methods and own initiatives
b) Maintain contact through meetings and site visits.
c) Encourage flow of renewal business where appropriate.
d) Maintain efficient and professional service, and good customer/banker

Portfolio Management
a) Responsibility for on going relationship and risk management.
b) Identification of risk situations and control of overdue loans.
c) Ensuring the timely conduct of loan reviews.
d) Liaison with Directors and/or Credit Committee, as appropriate.

Security Perfection & Maintenance
a) Close liaison with clients, solicitors, valuers and other professional advisers.
b) Monitoring adherence to loan offer terms.
c) Ensuring that security valuations and reports on title comply with the bank’s procedures and following up promptly any matters which do not meet the required standards.
d) General liaison with customers to resolve any issues outstanding and requiring attention.

General Matters
a) Efficient and accurate ongoing loan filing
b) Guide, monitor, assist and train as necessary.
c) Any other matters required to be done to assist in the achievement of the Bank’s budget and business development plans, including any personal allocated performance objectives.
d) Credit and Administration tasks as required, to contribute to the effective and efficient operation of the Loans Department.