Associate Director – Credit

New role - Associate Director - Credit Joining a privately owned short-term commercial lender based in central London. They provide loans on commercial property throughout the UK, and Northern Ireland, across a wide range of sectors including residential investment property, commercial (including mixed use) and leisure businesses such as pubs and hotels. The candidate should have an MRICS qualification and have experience working in a receivership advisory team. As an Associate Director in Credit, you would be responsible for the day-to-day management of non-performing loans and managing existing loans which are being extended, managing the approval, due diligence and completion processes at all times adhering to high-quality and compliant practices. You will be working from their London office and will play a vital role within the Credit team, making a difference immediately. You will be joining at an exciting time for the business as we look to continue our growth over the coming years. You will receive a competitive and attractive compensation package and there is a great deal of opportunity for growth within our firm. We would expect you to perform the following tasks: Day to day management of enforcements, including pre-appointment recommendations to credit committee, liaising with professionals from security review through to repayment of the loan. Making recommendations to the Head of Credit on strategy for expired or non-performing loans. Agreeing terms for loan renewals which includes management of renewal process, liasing with solicitors and writing renewal credit papers. Weekly reporting on non-performing loans to Credit Committee. Manage professional advisors, including insolvency professionals, solicitors and valuers. Assisting the Head of Credit with review of valuation reports from time to time. Assisting the Head of Credit with the deal approval process from time to time. Maintain Ekeeper (loan management system) and other records for reporting purposes. The successful candidate will be driven, have good attention to detail and have a genuine desire to contribute to the continued success of our business. They will have at least three years of experience working in the property industry Familiarity with the enforcement process and security instruments will be required and this will be tested as part of the interview process. The candidate should have an MRICS qualification or have experience working for another lender working in their recoveries team. The candidate will have excellent written English, be strong numerically, be well-organised and methodical and have good Microsoft Office skills. They will have the right to work in the UK. For us to do our jobs effectively it is imperative that we work together. The successful candidate will be a team player and take direction well. They will be a self-starter who will look to evolve and enhance the non-performing side of the team. Reference: 1318 Date Posted: 5th February 2024 Status: Active Functional Functional Always active The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Preferences Preferences The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Statistics Statistics The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Marketing Marketing The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Send your CV [contact-form-7 id="#####" title="CVModal"] #J-18808-Ljbffr