Credit Risk Administration Officer - London, United Kingdom - Taylor Root Global Legal Recruitment

Taylor Root Global Legal Recruitment

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Credit Risk Administration Officer

LOCATION
City of London, London
CONTRACT TYPE
Permanent
POSTED
Posted 3 hours ago
START DATE
ASAP
INDUSTRY
Banking (In-house)
SALARY
£ £65000 per annum + Plus Bonus + Benefits
EXPIRY DATE

Credit Risk Administrator | London | £50,000 £65,000 per annum
Taylor Root has an amazing opportunity for an experienced Credit Administrator to join one of the world's largest financial institutions

The Credit Risk Administrator will be part of the Credit Administrator Department who is responsible for managing Documentation and Credit Control activities.

Key responsibilities of the role:

Record all the transactions in the Share Point Workflow system.

Ensure smooth flow of day-to-day activities and transactions assigned by the team leader.

Maintain credit facility files with all the relevant documents received from the Coverage teams, scanning of facility documentation before recording them in the vault for safe custody.

Prepare standard & non-standard documentation, Syndicated Agreements, Facility Offer Letters, Security related documents, Internal & External legal opinions and other condition precedent documents, etc.

in compliance with sanctioned credit approvals.

Ensure all security/support documents have been properly executed, signatures are verified and authenticities of the signatories are supported by resolution/POA

Encode and activate credit limits and ensure accurate detailing before inputting the same into the Bank's system.

Prepare and submit monthly activity report on illustrating the total volume of transactions processed by the department.

Prepare and circulate documentation deficiency (expired/deferred documents) and collateral reports and following up for its timely submission /renewal.

Effectively manage key stakeholders and business expectations.

Timely response to service and support requests, queries and escalations

Stay abreast of latest developing concepts, new regulations and Group Credit guidelines.

Essential experience and skills required:

Innovative, strategic thinking and analytical skills.

High integrity and business ethics.

Solid experience and knowledge in Credit Admin Functions and legal documentation.

In depth knowledge of Banking sector, client's sectors, industries and market trends.

Very good knowledge of Banking Products / Corporate Credit Administration functions.

Good knowledge of Bank's Core Banking System and any other associated systems.

Knowledge and use of banking software systems, basic PC skills and MS Office.