Quantum Group
Business Development - Commercial Real Estate
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Commercial Real Estate Business Development Manager
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We are hiring for a Commercial Real Estate Business Development Manager role for an international bank based in Harrow.
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Main Responsibility
Origination of Commercial Retail Credit proposals and ensuring successful execution of the transactions being pursued along with related client & introducer relationship management.
Job Responsibility
- To originate Commercial Real Estate credit proposals up to GBP 20 million and Development finance proposals up to GBP 10 million.
- Develop and build introducer relationships with brokers, accountants, solicitors, valuers, and other players to generate leads. Proper database of relationships to be maintained.
- Undertake initial assessment and processing of lending proposals from the network primarily of CRE or Commercial retail. Provide a clear rationale for recommending or rejecting applications, prior to submitting to the CBO.
- For shortlisted proposals, submit the same to the Credit team for underwriting and support process, including presentation of proposals to the approving Committee in a timely manner.
- Initial review, assessment, investigation to minimize credit risks associated with loan applications in accordance with the Bank’s operating policies and procedures. Undertake site visits as required and submit a report.
- Responsibility for maintaining the pipeline status for proposals at different stages and following up to ensure that disbursement targets are met.
- Monitoring of market conditions, identifying potential opportunities or problem sectors and making necessary recommendations.
- Ensure the credit decisions are made within regulatory standards and adhere to TCF principles and Customer First standards.
- Design and deliver credit training to branches to ensure full understanding of policies and practices.
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