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    Loan Administrator - Manchester, United Kingdom - Business Money Promotions Ltd

    Business Money Promotions Ltd
    Business Money Promotions Ltd Manchester, United Kingdom

    1 week ago

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    Description

    Loan Administrator – Bridging & Development Finance – Manchester

    Home » News » Loan Administrator – Bridging & Development Finance – Manchester

    Loan Administrator – Bridging & Development Finance – Manchester

    Our client one of the UKs leading providers of property finance require a Loan Administrator to join their team in Central Manchester.

    Key Responsibilities

    Main Responsibilities:

    • Preparing loan documentation – new business and renewals.
    • Instructing and liaising with our panel solicitors to ensure we obtain perfected security documentation for secure lending purposes and to co-ordinate and expedite the legal process for the smooth completion of loan facilities.
    • Liaising with Borrowers, Brokers and Sales Team to ensure all approved loans are progressing effectively to completion in a timely manner.
    • Issuing retention documentation for development facilities and monitoring exposure levels.
    • Liaising with other lenders – 2 nd charge mortgage consents/redemption statements.
    • Obtain weekly updates from our panel solicitors on pending completions and update the property team, plus updating the deals pending spreadsheet and wipeboard.
    • Manage and maintain client files & records.
    • Liaising with Borrowers in relation to any overdue interest payments.
    • Issuing discharge documentation upon redemption of loan facilities.
    • Searches – HM Land Registry, Credit Reference Agency (CRN) – Individual, Corporate and Bankruptcy, plus monitor daily CRN updates on 'watchout'.
    • Post completion of loans manage diary to ensure obtain title register from sols/HMLR with our charge registered.
    • Occasionally prepare credit papers & application forms.
    • Ensure security and insurance register is up to date and manage diary to chase upon expiry for renewal.
    • Liaising with insurers as and when necessary.
    • Archiving – manage closed files, especially any security documentation which may relate to other exposures.
    • Other admin/support/general office duties.

    Key Requirements:

    • Strong pc skills, including excel , word and outlook.
    • Tenacity, integrity, flexible, superb communication skills, able to work independently with minimum supervision, extremely organised and excellent time management.

    The successful candidate will be rewarded with a market leading salary + excellent benefits.

    For more information about this role or any of our vacancies call or email

    M2 Professional Recruitment Services
    Tel:
    Fax:

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