Banking Credit Administration - London, United Kingdom - Barbara Houghton Associates Ltd

Barbara Houghton Associates Ltd
Barbara Houghton Associates Ltd
Verified Company
London, United Kingdom

3 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Our client an international bank is seeking for a Banking Credit administration officer to join their team on a permanent basis.

It is essential for all applicants to have worked for a UK Bank within Credit Administration.


Responsibilities Include but not limited to:

Credit Conditions

  • Keeping a record of all credit conditions and ensuring they are discussed with the manager
  • Proactively following up on the progress of condition satisfaction
  • Ensuring a weekly report on the status of credit conditions is shared with the department
  • Checking the SharePoint Covenant Monitoring Site to follow up on the status of conditions

Covenant Monitoring

  • Responsible for adding details of new monitoring requirements to the SharePoint Covenant Monitoring Site based on documented requirements
  • Marking off items received and checking information received is as required
  • Responsible for the maintenance and accuracy of the SharePoint Covenant Monitoring Site
  • Send weekly reminders and reports as required
  • Follow up with Relationship Manager's on overdue items as required

Excess Management

  • Check and update Excess Management Tracker
  • Investigating and understanding the root cause of excesses
  • Escalating any issues to the manager

Management Information & Other

  • Ensuring that the department's management tools, such as SharePoint are up to date
  • Compiling/distributing management information
  • Drafting condition precedent checklists as and when required
  • Reviewing facilities pending activation in CMS on a weekly basis and providing an update on their status to the team

Providing Cover for Team

Knowledge and Qualification Requirements

  • Basic knowledge of banking industry products/ Understanding of standard loan covenants
  • Understanding of pre and post credit approval processes /Understanding of the Bank's Credit Risk policies
  • Graduate
  • 1 year experience

Job Types:
Full-time, Permanent


Salary:
£30,000.00-£40,000.00 per year


Schedule:

  • 8 hour shift

Work Location:
One location
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