Loan​/Credit Administration Officer

City based international bank seek a Loan/Credit Administration Officer for a year long maternity cover assignment

• To assist in the day to day running of all loan and credit administration matters.
• To ensure agreements with customers are fulfilled and monitored and the Bank's/Branch's position is properly protected with all security items being properly recorded and securely stored.
• To process the opening of new accounts.
• To Amend / Update existing clients Accordingly
• To process the closing of accounts.

• To ensure that terms and conditions embodied in facility letters are complied with on an ongoing basis
• To prepare, issue, diarise for, to check upon receipt and finally to lodge in the Bank's records, all Credit facility and security documentation
• Check LMA Trade Agreements, check Break Funding calculations, set up loan structures from original agreements, set up and monitor Non-Utilisation Fees against Commitments, liaise with Agent Banks
• To ensure the loan database is updated on a daily basis, to include the inputting of commitments, drawdowns, rollovers, repayment schedules etc.
• To ensure that security for credit lines is properly taken
• To ensure that security is to be properly recorded, securely held in safe custody
• To ensure that limits are to be accurately recorded on in house banking system including expiry dates, interest rates
• To ensure that drawdowns, rollovers and any relevant payments are correctly administered
• To ensure that charges, interest, fees and loan reductions/repayments are passed on the due date and interest advise are generated and sent to customers as required.
• To ensure that there is full liaison with Relationship Managers and Assistant Relationship Managers relating to any credit admin matters
• To ensure that all Security (and in particular property) is properly insured and our interest is noted as first lose payee
• To ensure Syndicated Loans spread sheets are updated and correct payments are made accordingly

• Minimum 2-3 years' experience in Loan/Credit Administration working for a bank or Financial institution
• Proven Credit facility and security documentation
• Strong understanding of LMA Trade Agreements
• Excellent excel skills, analytical with a sound attention to detail

***** Full Uk working rights with experience gained working in the UK only*****

£56000 - £65000 per annum + plus bonus, benefits and hybrid working

£40000 - £45000 per annum + Pension, hybrid working.

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