Job Description
An excellent opportunity has arisen for a Loan Administrator within a successful, independent provider of commercial finance.
Key Responsibilities:
* A lot of email/task logging, reviewing, referring as appropriate, responding as appropriate, printing, filing, diarising, ensuring online/hard copy records are up to date for ‘realtime’ management information purposes and for everybody’s benefit to follow up as appropriate
* Agreement in Principle / Terms are forwarded by the sales team along with completed application form and supporting paperwork
* Terms, forms and supporting paperwork reviewed
* Queries raised with sales team before raising them with broker and borrower as appropriate
* Responses reviewed and referred internally as appropriate
* Valuation quotes and availability requested from surveyor panel managers then relayed to broker/borrower
* Valuations instructed when quotes/availability deemed acceptable
* Valuation reports received, saved, logged, printed, reviewed and referred internally as appropriate with queries raised with surveyor panel as necessary before relaying the figures to broker / borrower to progress as appropriate
* If a matter it progressing following receipt of the valuation report –
* Instruct solicitors
* Liaise with solicitors, broker, borrowers and their solicitor to progress files / cases / matters to complete short-term bridging loans