Senior Originator Head of Bridging Finance

City Capital are currently representinganotable and well-respected development finance lender who are planning their launch into the bridging finance market. As a result theyrequirean experiencedbridgingoriginator who will be primarily tasked with growing the bridging book.

Where excellent performance is delivered it is expected that the arriving individual will moveintoa Head of Bridging rolewith a view togrowing the proposition and team throughoutsubsequentgrowth phases.

The Company

Our client is a specialist property finance lender based inLondon primarily focused on providingground-updevelopment finance to support the needs of property developers.

Offering institutional-grade funding solutions they have recently secured institutional fundingto expand and grow their bridging finance offerings and to make the bridging finance proposition a standalone business unit within its own right. This is a key growth area for the firm in amarket that has just surpassed the 10bn mark for the first time.

Our clientiswell-positioned to capture thisgrowth but are actively seeking strong experience from the bridging sector for this key a lean highly skilled teamthey arewell positioned to scale and increase bridging market share.

Foran individual who is lookingfor a role where they can truly make an impactshort and longterm this is one that is well worthserious consideration.

Role Overview

Asourclient arepredominantly adevelopment finance lender they have generated much of their success to date by working directly with the developer rather than through engagement with the broker market.

Initially your primary focus within this role will be the growth of the bridging finance loan book via the identification and funding of loans that suit the agreed appetite.

This will start as a standalone role in the sense that you will be the core bridging finance originator though you will be heavily supported by the current team of experienced underwriters and credit specialists.

To achieve this you may work directly with borrowers but the belief is that true growth will be driven via engagement with known bridging brokers in the London & Southeast. You will strategically manage your own diary of appointments to drive enquiries for the team to assess and fund.

Throughout you will have access to our clients development finance offerings as well to ensure you have capacity toassistbrokers or borrowers with their full needs.

During the brief for this role our clients CEO highlightedtheirlong-term view for this role whichtheyhope would see the arriving individual move up toHead of Bridging onceinitialloan book growthobjectiveshave been met.

At this point it is expected that you will build your own bridging finance team onboarding experienced specialists in to key roles that drive lending success and growth. Asour clientare boutique in size (and big in ambition!) you will work closely with the board throughout your tenureassistingwithstrategyplanning innovating ideas for bridging growth and mapping out the growth of the team and department.

This is therefore a hugely important appointment forour client at a seriously exciting time.

Responsibilities

• The leading player in the growth of the brand-new bridging finance loan book
• Engage with brokers and borrowers toidentifyand fund loans to meet appetite
• Work towards agreed lending targets andobjectivesto meet lender ambitions
• Undertake initial deal assessments&ensure viability
• Work with the board to develop the bridging proposition in all aspects
• Distribute ground-up development finance loans wherever possible
• Liaise closely with internal teams such as marketingunderwritingand credit
• Present cases for underwriting and support transaction execution
• Monitor markettrendsandcompetitoractivity suggestingimprovements on process

Candidate Requirements

• Highly experienced in bridging finance including originations and dealassessments
• Confident working with refurbishment deals within the bridging finance sector
• Establishednetwork ofproperty brokers andintroducersin London and SE
• Demonstrated ability tooriginate andconvertdeals inline withlendingtargets
• Confident when assessing bridging applications & composing credit papers
• Good working knowledgeofcurrent bridging trends and propertymarkets
• Self-motivatedresilientandresults-driven:rolling up my sleeves approach
• Strong attention to detailand abilityto work under pressure todeadlines
• Comfortableattendingnetworking events expanding yours and company reach
• Ambitious and keen to be Head of Bridging

On Offer

Our clientis open to a range of experience levels from the bridging finance market so long as thetrack recordand potential is positive. They have therefore offered a broad salary range to cover this ideally looking to pay between 60k-120kbasicsalaryrelevant offers may be considered for exceptional fit.

Salary will be complemented by an uncapped bonus potential that will reward you for deals funded and the growth of the bridging book. This will significantly increase annual earnings based on performance. A further bonus structure is likely to be employedas you grow the team alongside a salary review in line with responsibility growth.

Notablythis is a genuine opportunity to play a critical role in the growth cycle of a well-respected and successful development finance lenderwho is well primed for further growth and success in new markets.

As a result we do not expect this role to be on the market for long!

Next Steps

There is a reasonable amount of urgency to fill this position in line withobjectives.

If this role does sound like one that you are both qualified for and interested in then we look forward to your application as soon as possible.

Once we have reviewed your application we will be in touch with an update.

We look forward to hearing from you.

TheCity Capital Team

Required Experience:

Director