Credit Administration Officer

Saxton Leigh Limited
London (Greater)
£40000 - £50000
09 Oct 2017
08 Nov 2017
Contract Type
Full Time
- The preparation of facility documentation such as Facility Letters and security documents.
- Reviewing syndicated documentation as well as preparing bi-lateral documentation for Wholesale Banking as well as Private Banking.

- Be aware of all aspects of the documents in order to be able to amend accordingly in order to comply with approval terms and conditions as well as understand the legal aspects of any changes that may need to be negotiated in line with changes requested by clients and/or their lawyers.
- Ensuring that the Tracker is maintained/completed in order for the team to be aware of where we are in the process of completing the documentation and who is taking responsibility for that transaction.
- Process executed facility letters and security documents for safe keeping.
- Review existing documents in relation to completed transactions and ensure that the documents held meet the requirements of the transaction/approval and that such documents are valid and satisfactorily issued and executed.
- Prepare any documentation required to amend facility documents in line with amendments in the Facility/approvals.
- Assisting team members in relation to documentation and the safe custody order to allow them to deliver quality output and meet all their objectives efficiently.
- Ensuring that all such activities are carried out efficiently, accurately and within the timelines stipulated.
- Ensuring the terms of SLA (Service Level Agreements) with CBUs (Customer Business Units) are followed and set in place corrective processes for any deficiencies.
- Ensuring that he/she is fully conversant with all relevant policies, procedures, guidelines, manuals, PFDs (Process Floor Diagrams), SLAs and other deliverables.
- Ensuring that the action is initiated on keeping securities (like mortgages, guarantees, shares) valid and enforceable and monitoring conditions precedent, covenants and risk triggers.
- Liaising with other departments including LGD (Group Legal Department), CBUs for resolving any interunit issues and with other CRAD Units for intra-unit issues.
- Assisting Unit Head in promptly responding to team's deliverables and responsibilities, including by providing backup in the event any team member is unable to attend to their responsibility due to vacation, illness, reallocation of duties, project work, etc.