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Job Details

Credit Administration Officer / Credit Documentation Officer

London, United Kingdom, £33,000 - £40,000 , Permanent

Posted: 12 hours ago

Description:

City based Bank is currently trying to recruit an individual with good exposure to Credit Administration / Loan Documentation to support their Operations Manager Officer in carrying out the Credit Administration functions related to the Lending and Credit Facilities granted to the Bank's customers.

Duties, Responsibilities and Skills, as follows:

  • Assisting the Branch Manager to ensure the completeness of Credit Files, Legal Documentation and Credit Administrative systems are complete and up to date.
  • Management of internal and external relationships to achieve the delivery of high quality Credit Administrative function in order to contribute towards the achievement of the Branch's business growth and profitability targets.
  • Reviewing Letters of Credit
  • Checking legal documents i.e solicitor agreements etc.
  • Assist in the preparation of Facility and Security Documents in order to ensure the Branch's position is adequately protected and that documentation will be enforceable in a court of law if the need arises.
  • Follow up on outstanding and/or incomplete documentation with clients and with Credit Department and ensure completeness of such documentation.
  • Maintain the Limit and Collateral systems (Eximbills/Equation) to ensure entries are updated upon completion of Facility and Security Documentation.
  • Monitor customer Overlimit/Excesses under daily special condition report and report to management.
  • Execute data entry of Credit Administration transactions including, rate fixing of loans, processing of drawdowns, taking of fees, loan repayment monitoring.
  • Carry out credit reference checking using in-house and third party credit reference agencies
  • Follow up on the timely renewal of insurances for properties and life/credit insurance policies mortgaged to the Bank as well as ensuring property/asset valuations are up to date
  • Liaise with legal and other professionals in the preparation of Facility/Security Documentation.
  • Provide secretarial support to the London Branch Loan Committee.

Good career and promotion prospects

Salary is commensurate with experience.

Job Details

1351080550
London, United Kingdom
Permanent
£33,000 - £40,000