Expanding international Bank have a new headcount in Manchester and are looking to recruit a Business Manager to help with the business development on corporate and commercial lending. .
Excellent English written skill
Excellent skills for writing credit memos, proposals and financial analysis
Solid experience in corporate and commercial lending
To monitor designated loan portfolio.
To cultivate new business.
To prepare credit proposals and periodic credit review reports.
To liaise with Risk Management Department during pre-approval stage on credit risk related matters.
To work closely with Loan Support & Services Department during post-approval stage on loan documentation matters.
To develop business relationship with existing and prospective counterparties with a view to cultivating future business and promote the Bank's reputation.
To supervise and provide coaching for subordinates through on the job training.
To develop strategies, tactics & action plans so as to achieve key performance targets.
Position Accountabilities: Customer/ Counterparties
To develop new business opportunity and contacts.
To build and maintain close business relationships with customers and counterparties to ensure compliance with the 'know your customer' requirement.
To submit credit facility proposal in a timely manner and coordinate the facility drawdown process with all concerned parties.
To establish good working relationship with other counterparties / intermediaries, e.g. brokers, solicitors, accountants, valuers and overseas colleagues etc.
To prepare regular credit reviews on customer accounts.
To keep abreast with the current banking regulation, the Bank's lending policy and latest market condition.
To work smart so as to improve quality and efficiency.
To monitor and control designated account's irregular performance in accordance to the bank's guidelines.
To perform tasks in a timely manner as directed by the Management.
To provide support and cover for other teammates when they are off.
To maximise team/bank performance.
To set challenging performance and development objectives for all reporting staff.
Training and Competence - identify training needs; provide regular feedback and coaching to ensure that their maximum potential is achieved.
To ensure own personal development objectives are achieved.
To manage resource to most effectively / efficiently achieve departmental and bank objectives.
To ensure team works compliantly to bank/legal/regulatory standards and requirements.
To work closely with other sections of BDD to achieve bank objectives.
To perform any task as directed by the Management.
To be leader and role model.
Compliance & Risk Management
To comply with all applicable regulations, rules, codes, guidelines and standards set by regulators and the Bank, and carry out duties with high integrity.
To adhere to risk control guidelines, procedures and measures to identify, assess, report, mitigate and monitor the risks involved in the day-to-day work.
University graduate in economics, business administration or related disciplines.
Minimum of 5 years' hands on experience in corporate finance / commercial real estate finance business.
Credit experience, documentation experience in proposing and negotiating both internally and externally credit and covenant structures and loan documentation.
Competency in financial analysis and credit structuring, understanding and applying credit policy, and credit monitoring and risk administration practices.
Comprehensive written and verbal communication skills.
Proficient with MS Word and Excel, plus Moody's Analytics an advantage.
Familiar with UK corporate finance / property markets.
Good understanding of general banking law and regulation, deposit, loan and other financial products.
Good knowledge of UK banking practice and relevant regulation.