Job Title: Completions Manager
Position: Permanent, London City, hybrid – 3 days office – 2 days home
Mon -Fri 9-6pm or 8.30-5.30pm
Salary up to £40k depending on experience + Benefits
Our client is a successful specialist property finance lender operating in the non- reg lending industry providing Buy-to Let and bridging finance to both direct borrowers and the UK broker market. They provide funding to all property types residential, semi commercial, and commercial. To date they have originated in excess of £1.5 billion in new property lending and they have ambitious plans to increase this by another £1 billion over the next two years.
They pride themselves on their ability to tailor their products to suit each client’s needs and as their credit decisions are made in-house, they are able to provide speed and certainty to ensure all deals are completed in a timely manner. They are well funded by various institutional investors and have ambitious plans to continue growing throughout 2024.
To meet their growth plans, they are looking to expand their lending team and hire a Completions Manager to ensure all new cases are managed and meet loan offer conditions from the offer stage through to successful completion to meet customer deadlines.
Key Responsibilities:
- Responsible for processing applications from receipt of a signed mortgage offer to completion.
- Liaise with Underwriters and New Business Team on any completion queries (i.e.COT received, completion call transfers, updates to all parties)
- Communicate with Intermediaries, valuers or Solicitor enquiries by email or telephone, liaising with the New Business Team & Loans Underwriters as appropriate.
- Reviewing legal correspondence from solicitors, providing responses where possible and referring queries to the underwriter or valuer if appropriate.
- Pursue outstanding documents ensuring offer conditions are satisfied before authorising release of funds.
- Initiate pipeline management - advising conveyancers/underwriters when an application nears the end of its offer eligibility or valuation period or when a valuation nears expiry.
- Capability of meeting service level agreements and maintaining excellent customer service.
- Authenticate the Certificate of Title to ensure details provided from the panel of solicitors are accurate and adequate to proceed to completion.
- Processing of Certificates of Titles (COTs) to ensure compliance with all loan offer conditions prior to sign off by a senior team member.
- Manage a pipeline of business closely to confidently assist Structured Finance with forecasting the likelihood of completions and timings for draw-down of funds for completion.
- Additional management of the loan funding and completion fees working closely with our Finance Team
Experience:
- Min 12 months experience in managing loans from offer stage through to completions in the bridging or buy-to let market.
- Excellent communication skills.
- Good time management skills
- Ability to work under pressure to deadlines.
- Organised, and able to prioritise workload to manage loan pipeline.
For a confidential discussion regarding this role or your career, then please email [email protected]