Application Deadline: Friday 22nd November 2024

4 to 5 month Fixed Term Contract

Salary: £70,000 per annum pro-rated

Location: Birmingham, Manchester or London

Hybrid Working Pattern: 3 days in Office & 2 WFH

About us

Cynergy Bank is the UK’s human digital bank serving the needs of ‘scale up’ or medium sized and fast-growing SMEs; professionals; high net worth and mass affluent individuals, in essence those market segments that still value human service enabled by great technology.

We recognise that professional and personal lives often overlap and our mission is to help empower our customers to achieve their ambitions by serving all their interdependent banking needs. We provide a comprehensive range of digitally enabled products and services to meet the property finance, business and commercial banking, private banking and personal savings needs of our customers.

Our human and digital model transforms banking for customers who still value a face-to-face relationship that is enabled by the latest digital technology.

We partner with firms such as Google Cloud, Cigniti and Slalom as we continue to innovate in the human digital space.

Cynergy Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Eligible deposits with Cynergy Bank plc are protected by the UK Financial Services Compensation Scheme.

For more information on Cynergy Bank visit www.cynergybank.co.uk

Company Benefits

• Competitive Salary and Company Bonus
• Competitive holiday allowance plus bank holidays
• Option to purchase an additional 10 days holiday
• Pension contribution and Life Assurance
• Income Protection Scheme and Season Ticket Loan
• Medical Cover (After Probation)
• Electric Car Scheme and Money Coach (After Probation)

The role

As a Senior Valuation Analyst in Cynergy Bank’s Relationship Management Team, you will play a crucial role in supporting our Relationship Managers and contributing to the overall success of the Bank.

You will be responsible for analysing and reviewing overdue valuations, liaising with internal and external stakeholders to ensure the valuation continues to provide the Bank with the required level of security for the continuation of the client’s current facilities.

Responsibilities:

1. Valuation Review & Sign Off:

• Review valuation in accordance with Bank procedures

• Highlight any key risks and liaise with the following as required in order to agree a way forward mitigating any risks as identified ensuring action plans are agreed accordingly

1. the client

1. Relationship Manager

1. Credit Risk

1. Valuer

• If the valuation is satisfactory, complete accurately the sign off template ensuring all key areas are adequately addressed

• Submit to Credit Risk in a timely manner and act as first point of contact for any queries

2. Liaising with Relationship Managers:

• Provide relationship managers with relevant information to ensure they fully understand any impact to the Bank’s security and to enable them to discuss with client as required

3. Valuation Sign-Offs:

• Lead the review and approval process of property valuations.

• Ensure valuations are accurate, compliant with internal standards, and aligned with market conditions and comparables

• Coordinate with valuer, valuation manager and internal teams to facilitate timely and accurate valuation sign-offs

• Accurately and efficiently submit valuation and sign off to Credit Risk following Bank procedures

• Coordinate with other departments to facilitate smooth workflow and client service.

Essential Knowledge & Experience

• Experience of reviewing valuations (commercial and residential) and liaising with key stakeholders to address identified risks
• Proficiency in Microsoft Office Suite (Excel, Word).
• Demonstrate an understanding of Real Estate finance and / or Trading Businesses transactions and the role valuations play in support of the transaction
• Understand and adhere to the Bank’s policies and procedures with particular reference to:
• Consumer Duty (incorporating consideration of Vulnerable Customers
• Fair Treatment of Customers
• Information Security and Data Protection Act 2018 (GDPR)
• Risk management and reporting of risk management incidents
• Regulatory compliance and prevention of financial crime
• Disaster recovery and business continuity
• Conduct Rules and Professional Standards

Behavioural Attributes:

• Strong communication and interpersonal skills
• Ability to work independently and as part of a team.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Support Bank wide Forums as required or identified
• Cooperate with and help colleagues across our business, performing other reasonable tasks as may be required from time to time
• Demonstrate alignment and actively promote the Bank’s values
• Be a true team player creating a ‘One Team’ approach