Lending Director - Residential Development Finance

  • Negotiable
  • Londres, Angleterre, Royaume-Uni
  • CDI, Plein-temps
  • Non-disclosed
  • 14 sept. 17 2017-09-14

This is an opportunity to join an established non-bank lending platform that has lent over £1bn across the UK during the last 5 years. Given increased capital commitment and lending targets our client is looking to hire a Director level candidate to enhance the origination effort and focus on Residential Development Finance loans; both senior and stretched senior loan products.

The Role

  • Seeking new borrowers and sourcing leads focused on residential development
  • Building on existing relationships and establishing new relationships with developers, brokers and property investors in key markets and geographies
  • Conducting full due diligence on development proposals, including financial review of the credit worthiness of applicants.
  • Knowledge of construction types / development schemes.
  • Knowledge of construction costs and procurement.
  • Knowledge of development appraisals and development cash flows
  • Knowledge of preparing lending Heads of Terms is essential.
  • Presentation to credit committee and key stakeholders.
  • To include building financial models from the developers initial appraisals and sense checking costs and returns profile.
  • To involve an initial stage 1 presentation to credit committee.
  • To involve a comprehensive credit application at stage 2.
  • Instruction and management of professional advisers.
  • Post credit loan monitoring and performance reporting.
  • Managing the practical completion of developments
  • Adhering to all compliance needs within the business.

The Candidate

  • An existing client base and network of industry contacts; direct borrowers, brokers and introducers.
  • Established track record in pricing and originating property development opportunities for a principle lending platform.
  • Hands on experience of providing senior, stretch senior, mezzanine, joint venture or equity finance loans.
  • The ability to work to demanding deadlines.
  • A highly skilled communicator with superior written and presentation skills.
  • Entrepreneurial spirit.
  • A positive and tenacious attitude.