Portfolio Manager - Development Finance (12 Month FTC)

About the Company

Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realise their ambitions. Our dedicated Development Finance, Wholesale Finance and Specialist Mortgages divisions ensure that businesses receive the outstanding service, lasting relationships, integrity and expertise they need to prosper. We also provide savings accounts to individuals and businesses and since we lend only to businesses, our savers can be sure their money will be used to boost the British economy. The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.

The working pattern of this role is hybrid, with an expectation to be in the office 50% of the time.

For more information, please visit our website: www.htb.co.uk.

About the Department

Our Development Finance division offers creative and customised financing solutions to experienced property professionals across the UK. The team is highly experienced, has a passion for property and understands the market in all its intricacies. We are focused on building long-term business relationships. We believe that SME housebuilders need to work with a bank that employs experts with specialist knowledge of specific locations and markets. We work in partnership with SME housebuilders, lending our expertise as well as finance.

Responsibilities

• Liaising with and supporting the LD’s, RM’s and CM’s to ensure timely identification of potentially problematic loans.
• Recommending appropriate loan restructurings where appropriate and preparing amendment credit papers and credit memos for EML cases in conjunction with the LD / RM.
• Site inspections to assess progress of development projects in terms of budget, schedule, quality, significant changes and sales/marketing progress.
• Liaising with Quantity Surveyors, other professionals, borrowers and construction teams as appropriate.
• Monthly Time Delays & Cost Overrun analysis to identify common issues at early stage.
• Cash flow analysis against original credit approved cashflow to identify material variances at a book level.
• Smooth implementation of processes and procedures for new credit policies.
• Monitoring of Unit sales including early identification of slow sales pace and/or undervalue sales.
• Keeping accurate records, maintaining portfolio monitoring systems and preparing regular portfolio reports/reviews for presentation to Committee.
• Input into periodic departmental portfolio overview and the annual Credit Risk review of the DF portfolio.

Qualifications/Experience

• You must have a good level of experience in property lending/development finance within a banking or professional property services environment.
• Proven track record of developing strong relationships with borrowers, brokers and other professional partners.

Required Skills

• Strong analytical skills.
• Understanding of residential property development finance.
• A general understanding of building construction (preferable but not essential).
• Strong understanding and appreciation of the current UK property market conditions and trends.
• Strong attention to detail.
• Ability to travel nationally.
• High level of communication skills.

Preferred Skills

• Experience with the following banking tools: Phoebus, Keystone and Tableau.