We are inviting applications for Commercial Business Managerfor an International Bank based in city of London. This is a permanent positionoffering very attractive bonus and incentive with base salaries.
1. MAIN RESPONSIBILITY
Origination of Commercial Retail Credit proposals andensuring successful execution of the transactions being pursued along withrelated client & introducer relationship management.
2. JOB RESPONSIBILITY
To originate Commercial Real Estate credit proposals up toGBP 5 mil.
Develop and build introducer relationships with brokers, accountants,solicitors, valuers and other players to generate leads. Proper database ofrelationships to be maintained
Undertake initial assessment and processing of lending proposals from thenetwork primarily of CRE or Commercial retail credit. Provide a clear rationalefor recommending or rejecting applications, prior to submitting to the CBO.
For shortlisted proposals, submit the same to Credit team for underwriting andsupport process including presentation of proposals to approving Committee in atimely manner.
Initial review, assessment, investigation to minimise credit risks associatedwith loan applications in accordance with the Banks operating policies andprocedures. Undertake site visits as required and submit report.
Responsibility for maintaining the pipeline status for proposals at differentstages and following up to ensure that disbursement targets are met
Monitoring of market conditions, identifying potential opportunities or problemsectors and making necessary recommendations.
Ensure the credit decisions are made within regulatory standards and adhere toTCF principles and Customer First standards.
Design and deliver credit training to branches to ensure full understanding ofpolicies and practices.
Presentation to Risk Committee and other UK management committees forintroduction and renewal of new / existing products.
Knowledge of Microsoft Office product
3 - 5 years’ experience in underwriting or assessing creditproposals.
Existing relationship base with multiple businessintroducers
4. KEY INTERACTIONS/NETWORKS
External clients and introducers
Retail Branch Network
5. REPORTING RELATIONSHIP
Reports to Chief Business Officer
6. PERSON SPECIFICATION
Ability to work alone or as part of a team
Enthusiastic and willing to accept new challenges
Careful and diligent with good attention to detail
Ability to take a measured view, balancing risk managementagainst business need.
Ability to clearly articulate opinions and summarise complexarguments
In all contacts the post holder will be required to presenta good image of the State Bank of India as well as maintaining constructiverelationships.
The State Bank of India reserves the right to alter thecontent of this job description after consultation to reflect changes to thejob or services provided, without altering the general character or level ofresponsibility.
Reasonable adjustments will be considered as required by the Disability DiscriminationAct.
The duties described in this job description must be carried out in a mannerwhich promotes equality of opportunity, dignity and due respect for allemployees and service users and is consistent with the State Bank of IndiaBank’s Equal Opportunities Policy.