Junior Associate - Retail Credit

Recruiter
BLUSPEC RECRUITMENT LIMITED
Location
London, South East England
Salary
18000.0000
Posted
17 Jul 2017
Closes
16 Aug 2017
Contract Type
Permanent
Hours
Full Time

We are currently hiring for a Junior Associate - Retail Credit for one of our Clients to be based at London. Our client is an International Public Sector banking and financial services company.

Job Purpose:

Responsibility for the operational running of the Retail Credit Department.

Area of Responsibility:

To provide support to the Head Retail Credit in all operational areas of the Retail Credit Department.

House keeping for all proposals and loan cases including maintaining files for all loan cases.

Data Collection Responsibility for the annual review process for all existing credit portfolio loans to ensure that all borrowing requirements and covenants are being adhered to.

Manage the review, assessment, investigation and minimising of credit risks associated with loan applications in accordance with the Banks operating policies and procedures.

Data Collection and Collation of Information from all Branches including Monthly and quarterly Returns, Advance Returns .Reconciliation of accounts .

Monitoring of existing loan portfolio, identifying early arrears or potential problem accounts and making necessary recommendations.

Support the Head of Retail Credit in the review and monitoring of watch list accounts.Monitoring the accounts

Compile, analyse and report portfolio information to enable calculation of general provision levels.

Design and deliver credit training to branches to ensure full understanding of policies and practices.

Coordination With Other departments like systems , Credit admin.

Communication to Branches on various matters related with Credit Portfolio and policies and processes, account monitoring and Audit Reports.

Laising with different vendors like Experian , Capita and others and scrutiny of Invoices .

Job Requirements

  • Knowledge of Microsoft Office products
  • Knowledge of UK regulatory framework, principles and rules
  • Knowledge of UK lending environment
  • Good communication

Please click 'APPLY' should you feel you meet the above requirements