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Location
Fenchurch Street
Department
Development Finance
Advertising Salary
Up to £27,000 dependent upon experience
Vacancy Type
Permanent

About the Role

Purpose of the role
This role is within the Development Finance team which offers a wide range of competitive and flexible debt products that are tailored for experienced property developers looking for finance. The team is made up of highly experienced individuals and industry leaders with 30+ years’ experience in the real estate/development finance industry. The Paragon Development Finance team employs 40 people and continues to grow year on year.

This is an excellent opportunity for an ambitious and driven individual, looking for an entry level position in finance/banking, to work within the Development Finance team supporting one of our Senior Portfolio Managers and Relationship Director on an established development finance portfolio.

You will be responsible for key deliverables within the team including document preparation, file organisation and general administrative tasks, with extensive opportunities for skill enhancement and career progression in due course.

Duties and responsibilities
  • Facility documentation
  • Data entry input
  • Liaise with clients
  • Liaise with professionals including legal, valuation and construction monitoring
  • General administrative tasks
  • Completing Due Diligence on new facilities, including FCI and connected exposure checks along with reviewing Valuation reports, PMS reports and Reports on Titles
  • Handling monthly drawdowns requests
  • Assist with adhoc audit/admin tasks, including processing of invoices, interest and redemption statements
  • Arranging security releases & handling easements requested

About You

Skills
  • Excellent communication skills (written and verbal)
  • Ability to work efficiently to meet deadlines
  • Willingness to learn and progress
  • Outstanding attention to detail
Qualifications and experience 
A graduate or school leaver with Grade C or above, GCSE (or equivalent) in English and Mathematics. Previous experience in finance / banking desired but not essential.

About Us

At Paragon Bank PLC, we are proud to be a specialist lender and savings bank offering a range of products and services in the UK. Founded in 1985, we have a long and successful history and are part of the FTSE 250. We employ over 1,300 people and have over £12.2 billion loans under management. 

We offer a structured and supportive working environment and are known for providing excellent career opportunities.

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