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:
* Ensuring that all lending facilities operate within the limits agreed by our CI & UK Credit Committee and/or the Group Credit Committee. This includes:
* Recording facilities into the banking system
* Maintaining a clear audit trail of relevant documents.
* Documenting Facility Letters, including Regulated Mortgage Contracts
* Liaising with legal and valuation partners
* Confirming that the Bank has adequate security and that conditions precedent are met prior to the draw-down
* Draw-down of facilities
* Ensuring annual relationship management and insurance reviews are conducted
* Confirming that loans have been repaid in full prior to release of security
* Establishment of systems and procedures to monitor specific requirements; e.g. mandatory insurance, staged draw-down etc.
* Providing assurance to management that controls are being operated in order to mitigate risks.
Skills and Experience
* 1-3 years knowledge of credit administration/lending is essential
* Previous experience gained in legal services, underwriting or loan relationship management would be advantageous.
* Well-developed logic skills with a clarity of focus and clear attention to detail.
* Above average Excel skills.
* Excellent written, verbal communication and presentation skills.
* Sound knowledge of the UK property market