Address
Form of work
SalaryCase Manager – Bridging Finance
Location: North West London, Hampstead
Salary: Up to £40,000
Hybrid
The client:
Our client launched back in 2017, The team within the company are specialists in the complexities that drive the need for a Short-Term Bridging, Refurbishment and Buy to Let loans. The team take pride in getting to know the borrower’s individual requirements, understanding them and the quirks involved and the potential obstacles that traditional lenders shy away from.
Purpose of Role:
A Case Manager will support the Credit Managers by working directly alongside them throughout the process of the loan application. They will be copied in on all correspondents with the sales team, brokers, borrowers, valuers, asset managers & solicitors.
Main role responsibilities:
- Carry out a pre-underwrite of loans for Credit Managers (CM’s) and assist them on all types of loan applications.
- Run a pipeline of Level 1 loan applications (UK borrowers, bridges, refurbishment loans, purchase & refinances) taking the applications through to completion.
- Provide support to the CMs with their pipelines, reviewing underwriting and legal requirements, legal documents, valuations and drafting internal tools and forms in readiness for completion.
- Communicate with brokers / borrowers and maintain good relationships with them and other 3rd parties.
- Supervise the Credit Analyst team ensuring workloads are monitored and tasks are completed in timely manner and assisting with overflows.
- Monthly reporting on applications whereby refurbishment tranches are applicable, liaising with borrowers for updates on loans, ensuring works are on time & budget. Reviewing the reports on receipt, invoices and bank statements and preparing the approval forms for approval
- Overseeing the Asset Manager panel, ensuring service levels are maintained.
- Liaising with borrowers with regards to nonpayment of monthly interest and ensuring payments are met within agreed timelines.
