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)
