Junior Associate - Retail Credit
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.
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 .
- 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