[ref. x25922] Head of Development Finance Portfolio Management Shawbrook Commercial Risk London GB Published
The proposed role will manage the Development Finance Portfolio Management teams (currently comprising of 17 FTE). The role will look to support the forward look Commercial strategy aimed at continued success in our chosen markets, managing risk and supporting clients through their full life cycle.The Development Finance Portfolio Management team is a segregated team who manage the credit risk of development finance transactions, alongside other in-life activities.The Portfolio Management team have responsibility for:Individual Development Monitoring, working with 3rd party & in-house monitoring surveyorsEWI MonitoringCovenant MonitoringAnnual ReviewsProvision of additional debt facilities to support existing developments, if neededManaging post execution in-life activitiesFocus on customer retention & delivering a great customer experiencePM have responsibility for all performing cases, working with the NPL team for under-performing and non-performing cases.
Key Responsibilities The primary responsibility will be to manage effectively the team, proactively manage risk across the portfolio and within the Group Risk Appetite.The role will be required to work collaboratively with the Development Finance Team, Construction Risk, Structured Lending NPL and Real Estate Portfolio Management teams to provide a seamless client proposition.In addition, the role will have responsibility for:Develop and maintain excellent customer relationships with new and repeat borrowersIn conjunction with Business SupportActive Portfolio Monitoring for trends, concentrations, sub-sector variances etcMarket Analysis & Portfolio Reviews, plus Horizon ScanningConsider market, macroeconomic and regulatory impacts on the portfolio and take necessary actions where appropriate, including updating relevant Risk Committees on early warning signsInput into Asset Class & Lending PoliciesEnsuring Lessons Learned are embedded across the team, inclusive of watchlist casesSupporting key strategic priorities & projectsManage credit, legal and compliance risks through effective team infrastructure and controlsEnsuring the team has the requisite capacity & capabilities to successfully manage the portfolioSupport, guidance & coaching to individual team membersRegular performance feedback and performance managementEnsure the completion (within appropriate timescales) of ongoing credit stewardship activity to a high standard, including but not limited to annual reviews, MI / covenant monitoring, EWI reporting / escalation, Watch actions / reporting and KYC / AMLDevelop and maintain excellent working relationships across the wider organisation.
In particular, working with other Heads of Portfolio Management and NPL Heads to ensure a consistent approach of credit risk management across Structured Lending & Commercial.The role will report to the Head of Real Estate & Development Finance Portfolio Management.The Person Quantitative Degree/CFA or similar business qualification or equivalent work experience appropriate to the role