Portfolio Manager - Debt

JOB PURPOSE:

You will be responsible for working closely with clients from our SME “Debt Funding” businesses to manage and analyse the financial and commercial aspects for each portfolio company. This includes supporting the post-investment monitoring of the loan investments, including the management of under-performing assets and exit management.  You will also be involved in the preparation and presentation of portfolio data and reports.

JOB PROFILE (Key Features):

The Portfolio Manager will be responsible for:

• Management of the regular information flow from our clients and subsequent analysis, interpretation, and critique of financial and commercial aspects including the identification of deteriorating risk trends and recommendation of appropriate provisions.


• Ensuring the timely receipt of management accounts; holding regular client meetings; and ensuring ongoing compliance with the loan agreements for each portfolio company including performance against forecasts, conditions subsequent and agreed covenants.


• Able to demonstrate an understanding of good financial and corporate governance and working with the investment team and clients to ensure it is followed.


• Critique and challenge of business plans, due diligence and ad hoc financial information that may be required as part of an existing client dialogue.


• Post-investment monitoring of the loan investments, including exit management.


• Making regular reports and reviews to the Portfolio Director or Fund Principal and contributing to investor reporting requirements as appropriate.


• Ensuring that all regulatory and compliance matters are acted upon.


• Keeping our portfolio risk management and CRM system regularly updated.


• Supporting internal and external audits together with the annual financial audit process.


• Assisting with the preparation of quarterly reporting (written and financial analysis) to our investors as to the financial performance of our clients, and in turn our funds under management


• Contributing to monthly presentations internally within Mercia and externally with our investors as to our client portfolio, discussing key matters arising, trading performance and presenting key information.


• Input into our fund management accounting and treasury matters associated with our loan/investment activity.


• Other ad hoc assignments and workstreams as required in a growing business.

JOB HOLDER (Typical Qualifications & Experience):

• Previous banking, portfolio management or risk management experience is preferable but is not essential.


• A good technical background, e.g. accountancy / banking qualification and / or experience of working in a corporate finance/corporate recovery professional team is essential.


• The ability to build solid internal relationships and external partnerships with investment/portfolio colleagues and assigned portfolio companies.


• Experience of financial analysis and strong analytical skills.


• Good communications skills, internally and externally and comfortable having challenging conversations as appropriate.


• Evidence of academic achievement


• A team player and highly professional.


• We are a collaborative team and so it’s important that you share our Core Values (Growth Focused, Responsive, Responsible/Respectful, Trusted and Connected).


• Ambition and self-motivation - ability to self-manage time and priorities along with a diligent and considered mindset.


• A “can do”, flexible attitude - we are an entrepreneurial and growing business.


• Strong Excel skills are essential, together with a good working knowledge of other Microsoft Office products.


• Given the regular travel needs, unrestricted mobility is a requirement, with a current / valid driving licence enabling you to drive in the UK.


• You should have the right to work in the UK.