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© Business Money Ltd 2010

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Commercial mortgage lending manager

04 March 2010

Sector:

Commercial finance

Location:

North east (6-12 months contract)

Salary/benefits:

To c£40k-45k plus car allowance, pension, life insurance, BUPA and other benefits

Specification:

Our client, a rapidly expanding finance organisation is looking to grow their team and take on a commercial mortgage lending manager within the north east region. Applications are invited from candidates experienced in larger commercial mortgages. Your role will be to assess, structure and progress loan applications from underwriting through to completion. You will be responsible for assessing the risk of larger commercial mortgages and making suitable recommendations to the underwriting team to enable growth in lending book in line with business strategy, whilst ensuring that all loan applications are within policy and criteria.

You will undertake delivery of quality, risk based determination of credit risk – maximising the marginal return of new business lending balanced with the risk presented, You will also be required to complete extensive due diligence on commercial loan applications adopting a host of credit assessment skills to recommend the basis on which risk is taken.

Part of the role will be to develop broker and borrower relationships by visiting and liaising with both customer groups to complete the due diligence of a commercial mortgage application ahead of formal sign off. Also to ensure that the quality of new business application presentations are in line with that required to determine the risk of a commercial application and make appropriate recommendations.

Essential skills:

The successful candidate will have strong lending and credit skills which must have been gained within the commercial mortgage sector. You will have the ability to interpret the financial statements of limited companies and partnerships together with ability to extract financial ratios and cashflow analysis as part of the detailed credit assessment required. You will also have the ability to foster and develop broker and borrower relationships and will have experience of delivering high quality credit applications with a proven track record of low default and acceptable loan performance.

Company:

Fast growing finance organisation

Reference:

5547

Jenna Price
Commercial Finance People
Tel: 0845 260 2525 Fax: 0845 260 2526
jenna@commercialfinancepeople.co.uk

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