Credit Administration Officer - International Commercial Bank

We are seeking an experienced profressional with strong Credit Administration/ Post Completions experience with Commercial Mortgages and Buy to Let.

We are working for a city-based prestigious International Commercial Bank, who are seeking someone with strong understanding of credit documentation, security perfection, valuation, collateral management.

This opportunity offers a hybrid work style with only 3 days in office and 2 days working from home. Please note that this role will be a 6 month fixed term contract with a view to go permenant.

The role entails collaborating with internal and external stakeholders/counterparties (Business, Credit, Remedial, 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 SME working capital, trade finance facilities and Islamic lending. You will be required to carry out over time all round Credit Administration function from post approval to post-completion follow up

Post Approval:

• Solicit fee quotes from solicitors on panel in respect of lease vetting and consent, discharge and release requests from Business, Remedial or Credit.
• Collaborate with business and coordinate the appointment of solicitors as chosen by client
• Follow up with solicitors (and valuers if needed) until the matter is completed, 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.
• Maintain and update the data associated with limits, review date, expiry date, insurance, collateral, cash lien, tenancy etc in system and applicable data bases.

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 hardcopies.
• Follow up on any condition subsequent.
• Review insurance policy and update the record in system and applicable data base.
• Attend to loan redemption requests.
• Maintain proper filing system and assist in the maintenance of data bases used by CAD.
• Participate in the property revaluation project
• Update of interest rate in system

What We Require:

• Credit Administration & process experience with Buy to Let (residential and commercial) & SME banking product knowledge
• Experience of process and technology solutions for risk mitigation & control.
• Knowledge in Islamic lending - Commodity Murabaha and Diminishing Musharaka - Desirable but not essential

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