Credit Admin - Loans Agency

Recruiter
Barbara Houghton Associates Ltd
Location
London
Salary
£35,000 - £40,000
Posted
14 Mar 2017
Closes
13 Apr 2017
Contract Type
Permanent
Hours
Full Time
On behalf of our client, a leading Corporate Banking group, London based, we are looking to recruit for a Credit Administrator with 2+ years' experience working in the credit administration and loan agency for and with working experience in high initiative and due diligence in a high street or similar Corporate Bank to provide support the Head of Credit Administration in all activities related to the area. Responsibilities: - Ensure that all new facilities are established within a standardised control framework, including syndicated, bilateral and participated loans and trade finance, to enable accurate loan administration outcomes and post-lending management. - Ensure that minimum requirements for drawdown sign-off are achieved prior to authorising disbursement On daily base monitor (including diarising), maintain and update the loan database - Assist with archiving and housekeeping of facility documentation. - Monitor and escalate late payments in connection with the Relationship Managers, and assist in the resolution of late payments issues. - Credit administration including post-lending management. Monitoring covenants / collateral / Conditions Precedent; asset quality categorisation; large exposures groupings database maintenance etc. - Assist with administrative duties within the Agency function. - Perform periodic reconciliation of various inter-departmental systems for both on- balance sheet and off- balance sheet assets. - Updating internal database based on credit proposals / annual reviews / credit modifications. Skills and knowledge: -Experience in the loan/credit administration function of a reputable bank/financial institution is essential. -Good knowledge of Microsoft Excel and Word ( intermediate/ advanced level) - Good communication skills- both written and verbal. -Basic knowledge of credit risk principles and/or good commercial acumen ( highly desirable) -Professional training or qualifications in a numerical / business-related discipline and/or in-house training on loan / credit administration. Please send your CV to ****************** or call on ************* or ************