Transaction Manager - Middle Office

We have been named a Top 10 “Most Loved Workplace” for the second year running! At Metro Bank, people come first – our culture is all about bringing the best out in our colleagues, and making sure everyone feels valued, respected, seen and included. We strongly believe in a diverse and inclusive workplace and to find the very best person for the job, we always look across a wide range of diverse communities. We are also all about balance so most of our jobs offer the opportunity for hybrid working built around your role and home life, wherever possible.

What You Will Do

• Work as a key member of the deal team, coordinating and delivering advice
• Provide support to front line, credit and our customers on all aspects of the documentation process for commercial and corporate lending transactions
• Manage the deals from credit approval through documentation negotiation and drawdown working closely with stakeholders and external legal counsel
• Act as a referral point for colleagues and stakeholders, organize the daily workflow, as well as support your team in ensuring deals complete in an efficient and timely manner
• Lead and project manage all aspects of loan execution process for complex transactions
• Lead and proactively manage internal and external partners to completion - as part of the Transaction Management Team you are acting as an expert on all documentation, security and due diligence queries relating to corporate and commercial lending applications, negotiating and agreeing the terms in compliance with credit approvals and policy
• Provide proactive solutions to deals that snag, achieve credit acceptance on relevant issues, support and influence colleagues in the right way to make the right decision
• Be a senior point of reference to deal execution and knowledge of documentation and security (including LMA)
• Develop and maintain management information packs to track workflow and efficiencies
• Possibility to manage a team of Transaction Management Specialists who will also progress allocated lending transactions
• Oversee the Training & Competency scheme for new joiners and ensure colleagues progress through their journeys as outlined
  
  

And... we are a bank so risk is a part of everything we do. We love people who take responsibility, do the right thing for customers, colleagues and Metro Bank and have the ability to call out any concerns.

What You Will Need

• Strong background in Commercial, Corporate or Business banking
• A genuine interest and strong knowledge of the corporate and commercial loans market
• Ability to assess, analyse and provide solutions to take lending transactions forward
• Experience of LMA documentation and a strong understanding of lending products
• Experience managing complex relationships and providing solutions whilst protecting the bank (financial, regulatory or reputational).
• Solid communication skills and ability to maintain a positive internal network across internal and external teams.
• Experience of risk forums - taking ownership of actions, managing actions through to completion
• Robust interest and knowledge of Loan Market Association documentation and a strong understanding of lending products, credit papers and key terminology used
• Experience reviewing and identifying issues on Head of Terms documents to streamline deal processing
• Understand the risks associated with your job and what that means for you, Metro Bank and all our stakeholders
  
  

Our promise to you…

• We will make sure that you are well-rewarded by providing you with a competitive salary, discretionary annual bonus, and a wide range of benefits, including generous holiday allowance, attractive pension scheme, healthcare, life assurance, and a number of colleague discounts!
• We will give you the training to ensure you succeed in your role and plenty of internal opportunities to progress your career (around 40% of our recruitment comes from internal promotions!).
  
  

Diverse teams really are the best teams. We know that candidates (especially women, research tells us) may be put off applying for a job unless they can tick every box. We also know that ‘normal’ office hours aren’t always doable, and while we can’t accommodate every flexible working request we are happy to be asked. So if you are excited about working with us and think you can do much of what we are looking for but aren’t sure if you are 100% there yet… why not give it a whirl? Please note that sometimes we may close a job earlier for applications if we are inundated with amazing candidates.. Good luck!