Are you a dynamic and detail-oriented professional with a passion for managing the intricacies of loan operations? If so, we have the perfect opportunity for you. We are seeking a Lending Manager for our client based in Tonbridge, to take responsibility for loan origination, management, and ensure compliance with all relevant policies and procedures. You'll play a crucial role in safeguarding their financial institution while facilitating lending to deserving borrowers.
Overall Purpose of the Lending Manager
As the Lending Manager, your responsibilities encompass a wide range of duties, including but not limited to:
Managing loans from approval through completion, including legal due diligence, and satisfaction of conditions in line with our bank's policies.
Overseeing the loan book, handling repayments, security amendments, loan variations, and ongoing AML due diligence.
Approving waivers and variations within Delegated Authorities, as long as they do not impact credit risk.
Collaborating with the Banking and Credit teams on pre-sanction lending opportunities.
Working closely with internal and external parties to align with the bank's mission, business plan targets, and risk management objectives.
Key Accountabilities of the Lending Manager:
Prepare finance documents in accordance with the terms of sanction and mitigate legal and operational risks.
Instruct professional advisors in compliance with bank policies and procedures.
Coordinate with borrowers, solicitors, and counterparts to ensure conditions precedent are met before drawdown.
Keep colleagues in Credit and Banking informed about loan progress.
Collaborate actively with the Head of Lending Services, Banking, and Credit to identify and resolve issues.
Maintain accurate records, including in Aurius.
Manage all loan documentation and security post-drawdown, including prepayments, account changes, and closures.
Provide support and training to colleagues within the Lending Services team.
Assist the Head of Lending Services or Director of Credit with ad hoc projects and tasks.
Arrange the collection of loan fees due to the bank and other lenders when necessary.
Oversee the monthly Direct Debit for loan repayments and promptly report any unpaid Direct Debits.
Support Banking and Credit on lending opportunities pre-sanction.
Recommend new procedures and documentation to enhance processes and provide a best-in-class service while mitigating legal and operational risks whenever possible.
Experience required of the Lending Manager
Extensive experience in loan operations and credit risk management.
Strong knowledge of legal and regulatory requirements.
Excellent interpersonal and communication skills.
Detail-oriented with strong organisational and problem-solving abilities.
Ability to work both independently and as part of a team.
If you're ready to take on this challenging and rewarding role as a Lending Manager, please apply online attaching your CV.