Loan Administrator – Bridging & Development Finance – Manchester
Home » News » Loan Administrator – Bridging & Development Finance – Manchester
Loan Administrator – Bridging & Development Finance – Manchester
Our client one of the UKs leading providers of property finance require a Loan Administrator to join their team in Central Manchester.
Key Responsibilities
Main Responsibilities:
* Preparing loan documentation – new business and renewals.
* Instructing and liaising with our panel solicitors to ensure we obtain perfected security documentation for secure lending purposes and to co-ordinate and expedite the legal process for the smooth completion of loan facilities.
* Liaising with Borrowers, Brokers and Sales Team to ensure all approved loans are progressing effectively to completion in a timely manner.
* Issuing retention documentation for development facilities and monitoring exposure levels.
* Liaising with other lenders – 2 nd charge mortgage consents/redemption statements.
* Obtain weekly updates from our panel solicitors on pending completions and update the property team, plus updating the deals pending spreadsheet and wipeboard.
* Manage and maintain client files & records.
* Liaising with Borrowers in relation to any overdue interest payments.
* Issuing discharge documentation upon redemption of loan facilities.
* Searches – HM Land Registry, Credit Reference Agency (CRN) – Individual, Corporate and Bankruptcy, plus monitor daily CRN updates on ‘watchout’.
* Post completion of loans manage diary to ensure obtain title register from sols/HMLR with our charge registered.
* Occasionally prepare credit papers & application forms.
* Ensure security and insurance register is up to date and manage diary to chase upon expiry for renewal.
* Liaising with insurers as and when necessary.
* Archiving – manage closed files, especially any security documentation which may relate to other exposures.
* Other admin/support/general office duties.
Key Requirements:
* Strong pc skills, including excel, word and outlook.
* Tenacity, integrity, flexible, superb communication skills, able to work independently with minimum supervision, extremely organised and excellent time management.
The successful candidate will be rewarded with a market leading salary + excellent benefits.
For more information about this role or any of our vacancies call 01625 522 774 or email jobs@m2recruit.co.uk.
M2 Professional Recruitment Services
Tel: 01625 522 774
Fax: 01625 523 377
jobs@m2recruit.co.uk
www.m2recruit.co.uk
Your subscription could not be saved. Please try again.
Your subscription has been successful.
Enter your email address to subscribe
By subscribing you agree to our privacy policy and terms and conditions.
#J-18808-Ljbffr