Credit Documentation Officer - Banking

Our client, a prestigious banking brand who has been situated in the UK for nearly 50 years, is seeking a new Credit Administration / Mortgage Administration individual. This excellent commercial banking brand has strong business lines into residential mortgages, BTL and commercial real estate lending. The bank is located in the City of London and would ideally see on you onsite 5 days per week.

The role entails producing exemplary documentation based on in-house templates, collaborating with internal and external stakeholders/counter parties (Business, Credit, Remedial, Monitoring, Operations, Treasury, panel solicitors and valuers) as needed to ensure each stage is timely managed for a range of lending products which is chiefly made up of real estate loans but also includes a small amount of SME working capital and trade finance facilities.

Pre-disbursement:
Prepare in house term sheet, facility letter, addendum, etridge, borrower consent, lien on deposit authorisation in a timely manner following credit approval. Solicit fee quotes from valuers and solicitors on panel. Pro-actively follow up with business the return of signed term sheet, facility letter, addendum etc and the required commitment fee. Coordinate and instruct the appointment of solicitors and valuers as chosen by client.

Review valuation report. Follow up with solicitors until the legal conveyancing is completed and required documentation are executed in order as per bank’s prevailing requirement. Ensuring all Condition Presidents are satisfied.

Oversee queries raised by panel solicitors and valuers, resolving issues and/or referring them to the Head of Credit Administration or, where relevant, the Head of Credit Approval, Head of Credit in accordance with delegated authorities. Keep Business updated on the progress. Disbursement:
Review and assess Report on title and valuation report, identifying key risks, recommending possible mitigants. Carry out the disbursement processes and booking of loan limit and collateral in system. Liaison with solicitors, valuers, Business, Operations, Credit Approval, Monitoring and Remedial as appropriate. Post completion:
Follow up with bank solicitors for full set of dated and signed pdf copies of credit documents. Follow up with bank solicitors for perfection of bank’s executed charge documents and thereafter the return of full set of signed and dated original Follow up on any condition subsequent. Maintain proper filing system. Others :
Timely maintenance of all data base used by the team. Update of data associated with business pipeline, limits and collateral (e.g. limit, review date, insurance, valuation, tenancy, solicitors and valuers etc). Deliver on service level agreements (SLAs) where applicable. Follow up on revaluation – Instructing Bank’s valuers to conduct valuation reviews on properties that are to be revalued and reviewing all reports and raising issues with relevant RM’s and Credit approval unit.

Participate in any project involving credit administration and its improvement Contribute to UAT and any other adhoc assignments  If you’re exploring opportunities like this or scaling your own team, simply google "Market Talent" to see how we support high-growth organisations across the UK.