JOB DESCRIPTION
Job Title: Loan Book Manager
Responsible to: Managing Director
Purpose:
The Loan Book Manager will be responsible for the development and operational performance of Loan applications, including both FFE and managed funds.
The Loan Book Manager will additionally have responsibility for the credit decisioning, monitoring, arrears management and reporting of loan book performance.
Key areas of responsibility:
· Credit/Loan Authorisation including FFE Management Panel - Approve investments to client companies in accordance with FFE lending policy and procedure, to include managed funds.
· Security – Oversee registration of all security, liaising with solicitors and other professional advisers as appropriate.
· EFG – Maintain EFG web portal for FFE portfolio post investment. Monitor and manage FFE EFG premium collections.
· Arrears Management – Monitor monthly loan repayments and produce quarterly arrears report. Management of arrears in conjunction with Investment Managers/FFE Team. Recommend actions and provisioning.
· Compliance – Co-ordinate, recommend and implement improvements to systems, processes, and documentation. Oversee compliance across the Investment Manager/ FFE Team.
· Loan Book Management - Produce accurate loan book reports to Managing Director as required.
· Co-ordination of loan applications – including liaison with lending panel in accordance with FFE Lending policy.
· Responsibility for compliance with EFG process.
· Management of investment portfolio and implement FFE procedures in respect of agreements, credit control, payments, arrears management, provisioning, and subsequent action as appropriate.
· Produce loan book portfolio information and management information as required.
· Monitor and record investments and loan book targets including defaults and provisioning, internally and externally (EFG).
· Progress loan applications and complete investment appraisals in accordance with FFE lending policy (and, if appropriate, 3rd party funders’ requirements) as covered in the FFE Lending Policy.
· Timely recording of information and maintenance of Loan management systems.
· Maintain commitment to own professional development.
· Develop and maintain good working relationships with appropriate organisations including Chambers of Commerce, Growth Hubs, British Business Bank, other relevant fund managers, etc.
· Marketing and promotion activity to generate deal flow, to include intermediary, partner and other business support organisations and Growth Hubs relevant to area(s) of operations.
· Signpost as appropriate new and existing business enquiries to appropriate business support organisations.
· To work on ERDF & other European funded programmes.
Authorities:
To work within the approved or delegated limits agreed by the Managing Director.
FFE Loan Book Manager – April 2021
Bonus
There is a bonus for this role, which is more of a profit share if FFE delivers budget/plan and the individual’s behaviours are all “green”. This is 5% of gross salary and paid annually.
The 5% bonus has been paid to our non-lending staff every year for the 12 years that I have worked here.