OVERALL SUMMARY

At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life.
The Managing Director will assume full responsibility for Close Finance Channel Islands (CFCI), an £80m lending business and subsidiary of Close Brothers Limited. CFCI operates primarily in the Channel Islands, focusing on small business and consumer lending markets. This role entails setting the strategic direction for the business, leading its growth, and serving as a statutory director.
CFCI comprises 23 employees across two locations, Jersey and Guernsey, generating approximately £30m in new business annually and serving a customer base of 8,000 borrowers. The leadership team includes an Operations & Risk Director, Head of Guernsey, and Guernsey Branch Manager.

IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU:

• Local market knowledge (advantageous but not essential).
  We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us at recruit.ssc@closebrothers.com or request a call back.

ABOUT US

For roles offering hybrid working: At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working.
Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. At Close Brothers we provide financial support and advice to small businesses and individuals in the UK. Our purpose is to help the people and businesses of Britain thrive over the long term.
To find out more about Close Brothers, please visit our careers page: https://www.closebrothers.com/careers

• Define, communicate, and execute the strategic business plan to ensure future growth aligned with company goals.
• Regularly evaluate the external competitive environment and implement measures to maintain and grow market share.
• Ensure the business operates on sound commercial principles with an efficient and scalable structure.
• Organise and chair regular meetings on strategic planning, risk, loan operations, credit policies, Treating Customers Fairly, and portfolio performance.
• Drive new business targets and objectives by leading and developing the Sales teams.
• Expand the loan book through organic growth and explore acquisition opportunities or new ventures, presenting recommendations to the Directors.
• Set and agree on annual budgets with senior leadership and Close Brothers Motor Finance Directors.
• Implement and maintain the company’s credit policy, ensuring adherence across the business.
• Set the tone by embodying the company’s values and culture, while ensuring clear and consistent communication of corporate decisions.
• Establish effective communication and feedback mechanisms to gauge employee engagement and maintain alignment with organizational goals.
• Enhance the external reputation of CFCI through networking and promoting the business as a successful part of the Close Brothers group.
• Drive the management team to identify and capitalise on growth opportunities, fostering innovation and continuous improvement across the business.
  Developing Our People: as a line manager, you will be responsible for inspiring and motivating your team, as well as developing performance through coaching. You will encourage your team to take responsibility for their own personal development and provide support through regular feedback.