Credit Administrator Manager
City of London
Permanent
£60,000
cer Financial are working alongside a great international bank who are based in the City of London. They are seeking a Credit Administrator Manager to work with them on a permanent basis.
The responsibilities of a Credit Administration Manager will include:
- Review of all post completion files within a required period of time, ensuring that all limits, interest rates, collateral, and fees have been correctly marked or taken, follow up for perfection of security documents and ensure and to ensure complete security packages are received from solicitors for bank’s safe keeping.
- Handle auditors requisition
- Facilitate the empanelment of solicitors and valuers
- Contribute to ongoing process improvements
- Participate on projects related to Credit Administration function and participate in user acceptance tests
To oversee and deliver on service level agreements in respect of Management and Control processes including but not limited to:
- Limit Input and Update.
- Interest Rate Changes.
- Bank and Trade Finance Limits.
- Lien Management via e-memo.
- Perfection and Registration of Security.
- Collateral Input and Update.
- Limit Expiry control systems.
- Insurance checking and update.
- Remediation
- Repayment, discharge and release
- Dealing with lease consent requests
- Dealing and addressing requisition from Auditors.
- Contribute to ad hoc projects and revaluation of properties including index valuation
- Maintain and update relevant procedures and guidelines.
The successful Credit Administration Manager will have:
- Proven experience (10 + years) in credit administration and process with local banks engaging in Buy to Let (residential and commercial) & SME banking product, working capital facilities.
- Strong understanding of documentation, security perfection, regulatory and property due diligence requirements
- Experience of process for risk mitigation & control.
- Proficiency in the use of spreadsheets & database tools.
- Strong understanding of credit documentation, security perfection, valuation, collateral management by way of work experience and relevant laws and regulations.