Paul Giles Email & Phone Number

Borehamwood, GB

280 Bishopsgate

• Working within a Credit Real Estate Centre of Excellence.
• Dealing with credit applications for Residential and Commercial Investment Property transactions up to £5m > Residential Buy to Let, HMO, Stand alone Commercial, and mixed residential/commercial units. In addition.
• Detailed analysis and understanding business plans, trading business financials, key non-financial information, establishing credit worthiness and viability of transactions.
• Discretionary Authority to approve facilities up to £10m, this subject to the “Credit Grade” of a relationship, with the majority of transactions falling between £50k - £5m.
• Working closely with the front-line Relationship teams to approve or restructure credit applications within my own personal discretion and in line with the Bank’s policies, suggesting alternative funding solutions.
• Confident in declining applications that fall short of Bank appetite or my own personal Credit assessment of the transaction.

280 Bishopsgate

• Following the merger of Business & Commercial Credit Units, my role related to solely dealing with “distressed”/”problem” property investment/development cases, with files across both Business and Commercial platforms.
• Working closely with the “Specialist Relationship Managers” was key, ensuring, once identified, a realistic, deliverable strategy was implemented.
• Full “fact finds” undertaken initially, with the assessment of financial and non-financial positions, ensuring a full appreciation/picture was in place from the outset. Milestones set, and regular assessment of cases.
• Close relationships maintained with the Bank’s “Strategy Management Unit” and “Global Restructuring Group”, with frequent discussions relating to cases where there potentially there was no alternative to formal.
• Regular conversations held with “mainstream” Credit Managers and front-line Relationship Managers, discussing cases where “early warning indicators” / “triggers” for potential “downgrade” have been presented, and.
• The emphasis here remained on managing the risk, protecting the Bank’s position at all times, and at the same time maintaining focus on “Treating Customer’s Fairly”, where ultimately the aim was to return relationship.

Borehamwood

• Assessment of primarily SME Business lending propositions (existing and new business) for sole trader, partnership, Limited company relationships. Additionally, where required personal lending propositions, including.
• Full analysis and assessment of applications/business plans > trading business financials, key non-financial information, in order to determine transaction viability.
• Following sanction, responsibility of the satisfaction of “conditions of sanction” requiring “credit” sign off, which included the assessment and reading of property valuations, leases, liaising with the Bank’s.
• Personal Sanctioning levels/Discretionary powers up to £1.25m. However, the range of file did vary, with borrowing levels of up £5m assessed – these subject to managerial overview.
• The role additionally included the preparation of detailed submissions for Credit Committees, where overall borrowing requests exceeded the unit’s levels of Discretion. This included participation on the Committee.

London, United Kingdom

Relationship support to Senior Corporate Manager, with credit / marketing responsibility for c.30 Corporate Relationships, ranging from £10m to £250m turnover bracket, including Tie Rack Ltd, Holland Barrett Ltd, Ryman Ltd, and VISA International.

Knightsbridge

Relationship support to 4 x Senior Corporate Managers. Turnover brackets £10m - £100m, including The Natural History Museum, Royal Albert Hall, and Cox & Kings Travel.Role included preparation of Credit appraisals / report writing, sales responsibilities / monitoring, together with general relationship support for a range of customer requirements.

Hendon

Responsibility for the maintenance and control of c.200 SME relationships with turnover ranging from £100k - £1m.Tasks included the preparation of reports, undertaking customer interviews, and ensuring the Bank’s database and paper based records were correct and in order.

Pottrers Bar, Burnt Oak And Hendon

Various junior roles