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International Bank based in the City of London, are looking to recruit a Credit Administration Officer. This is a permanent position, with hybrid working on offer.
The job holder is expected to carry out over time all round credit administration function from pre-disbursement support through to post-completion follow up ensuring prevailing internal policy and guidelines are adhered to in full compliance with procedures as well as applicable external rules and regulations.
Main responsibilities will include;
- Prepare in house term sheet, facility letter, addendum, borrower consent, lien on deposit authorisation in a timely manner following credit approval.
- Solicit fee quotes from valuers and solicitors on panel.
- Pro-actively follow up with business the return of signed term sheet, facility letter, addendum etc and the required commitment fee.
- Coordinate and instruct the appointment of solicitors and valuers as chosen by client.
- Follow up with solicitors until the legal conveyancing is completed and required documentation are executed in order as per banks prevailing requirement.
- Ensuring all Condition Presidents are satisfied.
- Oversee queries raised by panel solicitors and valuers, resolving issues and/or referring them to the Head of Credit Administration or, where relevant, the Head of Credit Approval, Head of Credit in accordance with delegated authorities. Keep Business updated on the progress.
To be considered for this position, ideal candidates must have the following experience and skills;
- Credit Administration & process experience with Buy to Let (residential and commercial) & SME banking product knowledge.
- Strong understanding of credit documentation, security perfection, valuation, collateral management by way of work experience and relevant laws and regulations.
- Experience of process and technology solutions for risk mitigation & control.
- Team player with positive can do attitude combined with a flexible approach to the tasks required.
- An eye for detail
- Strong ability to work in a time constrained situation and cross-cultural environment.
- Confident in interacting frequently across all business areas and with middle management.
- Strong verbal and written business writing skills.
- Be proactive in problem solving and deadline orientated.
- Excellent interpersonal skills.
- Ability to organise, prioritise, multi-task.
