This leading city-based specialist Lender and financial services firm are currently recruiting a Mortgage/Credit Administrator to join their Credit operations team
Candidate Profile
This role will best suit a second jobber candidate who has gained 1- 3 years' experience working in regulated Mortgages/Lending at a bank or Lender as an administrator
Role: Perm + Benefits - City based Location
Salary: £35-37k DOE
Hybrid: Working after 3 months' Probation
Your responsibilities will include:
1. Ensuring that all lending facilities operate within the limits agreed by Credit Committee and/or the Group Credit Committee. This includes:
2. Recording facilities into the banking system
3. Maintaining a clear audit trail of relevant documents.
4. Documenting Facility Letters, including Regulated Mortgage Contracts
5. Liaising with legal and valuation partners
6. Confirming that the Bank has adequate security and that conditions precedent are met prior to the draw-down
7. Draw-down of facilities
8. Ensuring annual relationship management and insurance reviews are conducted
9. Confirming that loans have been repaid in full prior to release of security
10. Establishment of systems and procedures to monitor specific requirements; e.g. mandatory insurance, staged draw-down etc.
11. Pro...