Loan Administrator - Manchester, United Kingdom - M2 Professional Recruitment Services Ltd

Tom O´Connor

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Tom O´Connor

beBee Recruiter


Description

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 coordinate 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 2nd 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.
  • 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.

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