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Venture Lending Relationship Manager
- Posted 23 February 2021
- Salary £70000 - £80000 per annum
- Location
- Job type Permanent
- Discipline Banking Operations
- ReferenceSDVLRMBM01_1614094626
- Contact NameScott Duerden
Job description
Prestigious International Bank based in the City of London, are looking to recruit a Venture Lending Relationship Manager to join their expanding Corporate Banking Department.
Principal objectives of the Venture Lending Relationship Manager will include;
- To develop and maintain a portfolio of customers which is of good quality and produces the required level of profitability;
- To introduce to the Bank new corporate customers requiring venture debt and complete new credit facilities;
- To prepare credit proposals accurately and present them to Credit Committee in a timely fashion;
- To manage the day-to-day relationship and risk assessment of each of your customers;
- To market the services of the bank to new and potential customers and attend professional events and networking.
Principal responsibilities will include;
- To market the services of the Branch/Bank to new and existing customers, identifying and investigating new business opportunities;
- To visit customers and potential customers both to identify their needs and to enhance the Branch's knowledge of them;
- To negotiate with customers/potential customers, particularly concerning interest rates, fees and terms and conditions upon which credit may be extended;
- To establish and develop relationships with customers;
- Marketing - attending professional events and networking;
- To liaise with Head Office for any new credits/renewals in respect of your portfolio of customers and ensure replies to their questions are provided in an accurate and concise manner;
- To prepare Facility letters in respect of your portfolio of customers;
- To liaise when necessary with lawyers and accountants;
- To monitor external ratings, watch list customers and any financial/non-financial covenants in respect of your portfolio;
- To identify and follow-up any delinquent loan positions including non-payment of interest or principal on due dates;
- To monitor the collections of interest and fees in respect of your portfolio;
- To monitor FX and Option positions and risks of your portfolio;
- To ensure that all forms of security in respect of your portfolio are properly taken to protect the Branch's portfolio;
To be considered for this opportunity, candidates must have previous/relevant Venture Capital/Lending experience.