We are inviting applications for Credit Admin Officer for an international Bank based in city of London.
Core Duties:
- Obtain quotes from Surveyors & Solicitors in relation to approved transactions and liaise with internal stakeholders for the quotes to be agreed prior to instructing the relevant party. Thereafter appoint/instruct surveyors and advise the case manager so that they can instruct solicitors
- Issue valuation fee letters to clients
- Diarise any conditions subsequent and ensure these are completed on or by the due date(s)
- Ensure all invoices received from brokers and valuers are paid in a timely manner.
- Four eyes check of safe custody of legal documentation and maintenance of Security Register
- Ensure all transaction documents that have not been uploaded by the case manager or which are received post drawdown are uploaded to Datastore
- Ensure rent review letters for Islamic Loans are issued regularly as required
- Managing property valuation, insurance and lending database
- Managing renewals as per Bank's lending policy and Procedures
- Inputting limits on Equation as requested by Credit Risk
- Managing the annual review process (if transferred to CAD)
Bank-wide initiatives
- Adhere to key controls to ensure Bank Procedures regarding Lending are met
- Keep knowledge current and comprehensive on portfolio, clients and facility changes by following operational procedures
- Good understanding of Industry practice and proportional risk management approaches
- Proven competency of working within a Financial Services environment, ideally within an
Operations/Credit Administration team
- Identifies and shares best practices and lessons learned
- Loans administration experience (including in Islamic financing would be helpful)
- Attention to detail.
- High levels of drive and motivation.
- Ability to communicate proactively (both written and oral)
- Ability to operate in a pressurised team