Job Opportunities

Proplend is a young and fast growing financial technology firm operating a FCA approved peer to peer (P2P) lending platform. Our alternative lending platform offers lenders the opportunity to circumvent the traditional banking system and earn higher rates of interest by lending directly to owners of income producing commercial property (the borrowers).

We believe that investors should earn interest from borrowers, not from banks. We’re a small, friendly team based in Ascot (2 minutes from the station) who are committed to growing Proplend into a major player in the P2P sector. Proplend.com is considered to be one of the lowest-risk lending platforms in the UK P2P market and we were recently recognised as one of the top 50 game changers in the Thames Valley.

Proplend is a direct employer. Recruiters please do not contact us – we are NOT interested in hearing from you.

 

Current Openings:

 

UNDERWRITER

Proplend is a growing Peer to Peer lending platform for Commercial Investment Property. We are seeking an experienced Property Banker with a proven track record in Credit and Underwriting.

The successful candidate will have a sound understanding of commercial real estate (including office, retail, warehouse, and multi-family residential assets), strong credit and analytical experience, familiarity with loan and security documentation, an understanding of property valuation and excellent Excel modelling skills. The successful candidate will be a part of a small, focused team and will be involved in all aspects lending transactions from their sourcing, closing, ongoing management through to repayment.

 

The role will include the following responsibilities:

  • Assist in the origination, assess, structure and completion of commercial property lending transactions up to a value of £5m
  • Analyse the risk of a loan request to ensure that it makes commercial sense, is affordable and consistent with Proplend underwriting criteria
  • Assess the credit worthiness and capabilities of borrowers and tenants
  • Collection of underwriting data
  • Carry out checks in relation to the borrowers (KYC / credit / fraud)
  • Instruct law firms and valuers and work with other relevant outside professionals
  • Prepare and manage documentation (Heads of Terms, Credit Applications, Facility Letters and Security Documentation)
  • Provide link for colleagues on all matters relating to underwriting and completion of the loans
  • Ensure that all conditions are met throughout the life of the loans and actively manage the loans through to repayment.
  • Management of arrears / work out

 

The role requires the following skills and experience:

  • Minimum 5 years property finance experience
  • Previous experience performing due diligence, documenting and analysing commercial property loans within a bank or similar
  • Strong knowledge of commercial property lending market
  • IT literate: able to use the full suite of Microsoft Office; Salesforce experience an advantage but not essential
  • Ability to analyse financial accounts accurately
  • Up to date knowledge of lending assessment techniques and tools
  • Excellent communication skills
  • Attention to detail
  • Ability to work under pressure and to strict deadlines
  • Strong planning and problem solving skills
  • Ability to drive forward multiple transactions

To apply for this position please email your CV and a covering letter to [email protected]

 


LOAN REQUEST ORIGINATORS – BORROWER SIDE

Proplend has two distinct client bases; owners of income producing commercial property (the borrowers) and cash rich income poor individuals and institutions (the ‘Lenders’)

We are looking for a highly motivated individuals to originate and underwrite investment opportunities for the Proplend platform, focusing on managing relationships and creating a uniform positive experience for property owners using the platform. You will most likely have a background in  property finance banking or as a surveyor and will have deep experience in a specific geographic location within England and Wales. You will be a highly motivated individual who thrives being part of a team but has the initiative to work independently and for most of the time remotely.

 

The role will include the following responsibilities;

  • Take full responsibility within your location originating borrower deal-flow from either your own existing contacts / relationships or through coordinated marketing efforts
  • Meet with borrowers and view properties
  • Produce quantatitive and qualatative analysis of the borrower, the property, tenants and the financial borrowing requirement
  • Work with Proplend to develop systemic methods for originating and underwriting property transactions

 

Skills and experience you will need to demonstrate in this position:

  • 5+ years experience working in property finance or surveying
  • A willingness to provide a superior borrower experience
  • A solid understanding of commercial property investment and property finance underwriting
  • Excellent written and verbal communications skills
  • Significant organizational skills and a willingness to think laterally
  • Must be self-motivated and resilient, able to work independently as well as work in a team orientated environment
  • Computer literate, Microsoft products essential and Salesforce experience very useful

The successful candidate must be eligible to work in the UK without sponsorship. This will be a remote position but you will be required to spend some time in our office which is based in Ascot (2 minutes from the station).

To apply for this position please email your CV and a covering letter to [email protected]