Portfolio Manager
Aldermore
Manchester, GB
3d ago

Portfolio Manager - Retail Mortgages-(190000K3)

Description

Portfolio Manager Retail Mortgages Manchester (Field Based Role)

This role will cover the North West, North East, Yorkshire, Scotland, Midlands and Wales.

Who we are

An award-winning specialist bank backing people to fulfil life’s hopes and dreams.

More about us

Aldermore was established in 2009. The bank listed on the London Stock Exchange in 2015, and became part of the First Rand Group in April 2018.

Today, we’re an award winning bank that has helped fund the growth of Britain’s small businesses through a range of business finance solutions, specialist mortgages and savings accounts that provides our customers with the support they need to make things happen.

Join us if you want to find yourself at the heart of a dynamic, growing organisation where our employees are empowered to grow their expertise and build their careers.

Job Purpose

This role manages and oversees a portfolio of BTL / PRS loans that are considered as complex and / or high value, ensuring the appropriate risk management is applied to enable the continued performance and long term sustainability of loans and customer relationships.

They will use industry knowledge to review and asses BTL / PRS property portfolios, undertaking reviews, supporting loan changes and requests, and overseeing all actions to ensure continuous management of the lending profile in line with the Bank’s polices and risk guidelines.

The Retail Portfolio Manager will thoroughly assess borrowers and property information (business plans, cash flows and lease / tenancy information for example) to ensure compliance with loan conditions and covenants.

Balancing the analysis and review of key data, with face to face meetings and site visits to portfolio assets.

Key Accountabilities

  • Manage portfolios of BTL / PRS properties, held by a number of different Borrowing entities (e.g. Individuals, Ltd Companies, Partnerships etc.)
  • Undertake detailed Annual Reviews of loans and properties to ensure compliance with conditions, and to understand the overall risk profile, ahead of submission to relevant mandate holders or approval committees.
  • Ongoing monitoring of portfolio performance, adherence to loan conditions and identification of any new lending opportunities.
  • Ownership of customer requests or loan amendments, working with Credit Risk teams to agree the re-structure of loans where necessary.
  • You will be the key Relationship contact for your portfolio of Borrowers, driving and delivering an exceptional customer’ experience leading to introductions / referrals in respect of wider bank products.
  • Support policy and guidance reviews relating to BTL / PRS portfolio lending.
  • Work closely with third parties as deemed appropriate to mitigate risk to the bank and customer (Valuers, Solicitors and Agents).
  • The Person

  • Extensive knowledge of the regulated and buy to let mortgage markets, regulations and relevant lending laws.
  • Experience of lending under personal mandate for vanilla’ and specialist BTL / PRS
  • Demonstrate application of risk and credit policies and guidelines
  • Ability to analyse management, financial and market data
  • Experience of managing facilities for different legal entities, and asset types
  • Relationship management
  • The Rewards

    As you would expect, this opportunity offers a competitive basic salary and reward package, and you will benefit from our commitment to investing in your professional development.

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