Loan/Credit Documentation Officer
A new opportunity has become available at an international Bank for a Loan/Credit Documentation Officer.
Duties to include:
- Monitor and review all new committed/uncommitted credit facilities approved by Credit Department.
· Review and all lending documentation, ensuring operational aspects are controllable and in accordance with agreed procedures.
· Execution of consistency check between lending documentation and credit approval, providing final sign off of Key Terms & Conditions, including fulfilment of Credit Conditions.
· Execution and of credit limits in the banks operating systems
- Obtain receipt of necessary facility documentation to complete the Banks records, including obtaining confirmation of Conditions Precedent.
· Review Credit Risk Insurance policies against the credit application.
· Register and relevant insurance policy information in Loan IQ.
· Perform hand-over meetings with Loan Admin, Trade Finance Ops and Treasury Ops, upon deal closure.
· Liaise and maintain close working relationships with all Front Office Departments and provide accurate information on all aspects of documentation review.
· Support project work as and when required, including necessary system training.
· Regularly review and maintain internal procedures.
· Prepare and distribute ad hoc reports in relation to limits
· Assist Team Leader in organising, planning and implementing Section and Department strategy.
The candidate will have:
- Experience in a Financial Services environment.
· Exposure to loan and trade related documentation, including the working mechanics of the credit approval process. Familiar with the workings of standard Loan Market Association documentation.
· A good working knowledge of the business conducted by the Bank, including an understanding of the individual marketing Departments.
· Understanding of key risks and associated control points in a transaction life cycle.
· Ability to bring a solution based approach to issues whilst working with the team to move transactions forward.
- Prior exposure to loan, trade and treasury related documentation would be beneficial as well as prior usage of Loan IQ.