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What’s in it for you?
For an experienced Development Portfolio Manager, this is a great time to join Octopus Real Estate! Demand for this team’s expertise is growing, reflected in the increase in average loan sizes and a diversifying book of business that now covers a range of opportunities across different growth sectors.
Furthermore, this is an opportunity to innovate and contribute to a team genuinely trying to bring about positive change, such as its recent collaboration with Homes England over the Greener Homes Alliance.
In this role, you will manage and monitor existing loans and build lasting relationships with our customers to facilitate follow-on loans. You’ll bring a solid understanding of development finance; from a credit risk and /or portfolio management background.
The team
The Development Portfolio team consists of four Portfolio Managers reporting to a Head of Development Portfolio. You’ll be part of a wider Development lending team of 13 people that includes origination and credit teams.
What will you be doing?
Ideally, you’ll have
✅ A good understanding of development finance and the UK market, as well as experience executing development loans.
✅ Highly numerate with a good understanding of development cash flows, construction processes and methods of construction.
✅ Strong credit and risk analysis, with the ability to identify and mitigate early warning signals.
✅ Due Diligence management and analysis (Legal, Valuation and QS reports).
✅ Any experience handling and managing non-performing development sites would be nice to have.
✅ Financial modelling experience would also be beneficial but not essential.
We encourage you to apply even if you don’t tick every box. What’s the worst that can happen?
This role will evolve as we grow and develop. So, if you are looking for a challenge in a fast-paced and dynamic business, we can deliver on that.
What we offer
💰 A competitive salary, bonus, pension and share incentive plan
✈️ Untracked holiday
🏡 Hybrid working – most of our people spend 50% of their time in the office
⚓ Anchor (our wellness hub) which includes Headspace, one to one coaching through Wellness Cloud, Digital GP, Shout & more
👪 Up to 6 months paid parental leave regardless of gender
❤️ Life insurance, critical illness cover and income protection
🏥 Private medical insurance for you and your family
🚗 Electric vehicle leasing
🌍 The option to work overseas up to a month per year
Our Values
At our core, we believe that how a company behaves is just as important as what it does. That’s why we chose to become an accredited B Corp (the equivalent of a Fairtrade coffee stamp but for companies) and to change our Articles of Association so that the interests all our stakeholders – employees, customers, communities, environment and shareholders – are considered in every decision we make.
We’re committed to creating a diverse and inclusive employee experience for all. We promote equal opportunities for growth and development regardless of race, gender, religion, sexual orientation, age, disability, or socio-economic background. We believe strongly that teams are at their best when every member of the team feels safe to bring their whole self to work.