Lending Specialist

At Rathbones, we help people invest their money well, so they can live well. That means more than financial returns – it’s about helping people feel confident in their decisions and supported in their future. We don’t just manage money, we guide people through life’s big moments, helping them stay on track and focus on what matters most.

We’re proud to be one of the UK’s leading wealth managers, with £113.6bn in assets under management (as of March 2026) and 20+ offices across the UK and Channel Islands. We’re a FTSE 250 company with national reach and a local feel – and we’re growing.

Role Title: Lending Specialist

Division: Finance

Location: Liverpool

Contract: 12-month FTC

Working pattern: Hybrid

About the Role

What you’ll be responsible for

• Managing client lending applications (for RIM or Investec Bank lending) from initial enquiry to drawdown of funds, including the provision of the relevant pre-contractual advice to clients, affordability assessment and approval according to internal approval scales.

• Managing client overdraft exposures, monitoring positions in line with terms of business and reporting positions through routine MI and by exception, where tolerances are exceeded, according to agreed escalation procedures.

• Providing support for client lending enquiries, liaising directly with clients, investment managers and other internal stakeholders.

• Issue client correspondence in relation to new or existing lending including but not limited to statements or repayment / execution letters.

• Servicing loan interest on a quarterly basis, including raising invoices for clients that elect to pay using external funds.

• Application of debit interest for overdraft balances and subsequent adjustments according to agreed policy.

• Maintain records for all undertakings and guarantees held.

• Ensure all loans are compliant with the requirements of the FCA’s CONC and MCOB regulations for creditworthiness and affordability.

• Issue annual review requests to IMs, collating responses for each client and identifying changes in circumstance to be reported upwards the Lending Manager in a summary report.

• Maintain data required to produce MI to be reported to the Lending Manager and Head of Lending.

• Maintain lending procedures, reflecting changes as they occur and testing where appropriate.

About you

• Able to communicate information, ideas, or issues effectively and clearly through the most appropriate channel within the team and to key stakeholders.

• Previous experience within lending, mortgages, private banking, wealth management lending, credit administration or loan processing.

• Experience managing lending applications from initial enquiry through to approval and drawdown. (Desirable)

• Exposure to FCA regulated lending environments (Desirable)

• Experience dealing directly with clients and providing a high level of service.

• Able to organise and prioritise own workload effectively, working to a high degree of autonomy.
• Demonstrate good teamwork, supporting colleagues to achieve team goals.
• High level of accuracy and concentration with ability to grasp new tasks quickly.
• Comfortable working across the MS Office suite of applications.
• Able to translate source data into insightful analysis that supports understanding and decision making.

Our offer to you

We want everyone at Rathbones to fulfil their potential, in an environment where you are proud to work and feel like you belong.

We offer a comprehensive remuneration package, which we review regularly, and benefits include:

• A company pension - 9% non-contributory or 10% if you contribute 5%
• Private medical insurance – Individual on joining, family after 1 year’s service
• Life assurance - 8 x salary
• Income protection – 75 % salary
• Company share scheme
• Discretionary bonus
• Flexible holidays – purchase up to 5 additional days
• Green Car Scheme
• Family friendly policies – enhanced family leave for parents & carers
• Study support – study days and funding for courses and qualifications
• Season travel ticket loans
• Volunteering days
• Gym discounts
• Other voluntary benefits you can choose to suit you

Our employees can choose to take part in various social groups and communities to support their wellbeing, growth, development and sense of community. These include:

• Sports & Social Committees, such as cricket, football, netball, running, yoga, quiz nights, charity bake sales and much more.
• Inclusion Networks that help us drive change within the organisation such as Gender Balance, Multicultural, Abilities Count, Pride, Social Mobility, Generations, Menopause Matters@Rathbones’ and Armed Forces.
• The NextGen IM Network, which brings together a community of trainees from across the UK, who are all at the early stages of their careers and offers development opportunities, exposure across the business as well as peer support and connection.

Life at Rathbones

We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all.

We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values.

We’re a Disability Confident Employer (level 2) under the UK Government scheme. This means we’ve signed up to a set of commitments around how we recruit, retain and develop people with disabilities. Find out more about the Government Scheme online, click here. If you require adjustments to apply for a role at Rathbones, please contact us via recruit@rathbones.com to let us know what adjustments you may need.

Mission

We believe in playing the long game. That means building consistent results, earning trust and doing the right thing — for our clients, our colleagues and the communities we’re part of.

Our values shape how we work:
- We aim high
- We get it done
- We show we care
- We do the right thing

These aren’t just words on a wall. They guide how we treat each other, how we make decisions and how we build relationships that last.

We will close this advert once we have received enough applications for the next stage. Please submit your application as soon as possible to ensure you don’t miss out.