Lending Documentation/Security Officer-London based Lender

Recruiter
Coast Specialist Recruitment
Location
London
Salary
35000.0000
Posted
19 Mar 2017
Closes
18 Apr 2017
Contract Type
Permanent
Hours
Full Time

A technical role has arisen within a specialist mortgage lender.

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 lenders 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 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 delegated authorities.

      • Liaison with Branch & Relationship Managers, Operations, Credit Approval and Remedial Management relating to Credit Administration.

      • Review and assess reports produced by 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.

  • Understanding of key risks (documentation, collateral, transaction & other related risks) arising from commercial property lending.

  • Team player who thinks logically.

  • Confident in interacting frequently across all business areas and with middle management.

  • Strong verbal and written business writing skills.