Loan Administrator

Recruiter
Coast Specialist Recruitment
Location
London
Salary
28000.0000
Posted
02 Feb 2017
Closes
02 Mar 2017
Contract Type
Permanent
Hours
Full Time

A Lender in central London is looking for a Loan Administrator/documentaion officer to come on board and administer a range of lending products.

The job holder will support the documentation of a range of lending products which is chiefly made up of commercial mortgages but also includes SME working capital & trade finance facilities. The role will require end-to-end management of the process following credit approval through to completion and ensuring collateral is correctly executed together with post-completion follow up. Responsibilities:

  • Responsible for executing facility documentation in line with the bank’s standard operating policy & procedures as well as applicable external rules and regulations.
  • Responsibility for the timely issuance of credit facility documentation
  • Oversee queries raised by the bank’s solicitors and valuers, resolving problems and/or referring them to the Head of Credit Administration or, where relevant, the Head of Credit/Head of Commercial Banking for approval in terms of the bank’s delegated authorities.
  • Liaison with Branch & Relationship Managers, Operations, Credit Approval and Remedial Management relating to Credit Administration
  • Review and assess reports produced by the bank’s solicitors and valuers, identifying key risks and ensuring collateral and credit structure is as per credit approval
  • Instructing solicitors and valuers to ensure collateral and credit structure is as per credit approval

Key Attributes and Requirements:

• Understanding of credit documentation, security perfection, property valuations and collateral management.

Great opportunity for the candidate with the suitable lending admin background.