Central Loans Admin- 12 Month Ftc - London, United Kingdom - Saxton Leigh

Saxton Leigh
Saxton Leigh
Verified Company
London, United Kingdom

4 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter


Description

THE COMPANY:


Our client is a leading financial institution, with a presence in 7 countries including the United Kingdom, Kuwait, and Egypt.

The bank offers a range of products and services, including commercial and retail banking, wealth management, and treasury services.


THE RESPONSIBILITIES:


  • Setting up new customers on Equation
  • Opening accounts and recording commitments
  • Drawdowns/Rollovers/Rate Fixings
  • Maintenance of Equation records
  • Management of Cyco loan portfolios, including rollovers/rate fixings and loan interest and capital disbursements
  • Arranging funding with dealers
  • Quarterly interest fee calculation for Tidelink loans
  • Completion of treasury funding report
  • Setting up new customers on Equation
  • Opening accounts and recording commitments
  • Checking Report on Titles and legal documentation ensuring full KYC, VOI and Money Laundering compliance
  • Checking Legal Opinions, Board Resolutions and company Memorandum and Articles of Association
  • General postoffer enquiries (solicitors, brokers and customers)
  • Checking Title Deeds ensuring all registration requirements are met both in the UK and Overseas
  • Drawing down new mortgages, further advances, retentions
  • Providing Redemptions figures/Part Redemption figures ensuring LTV limit is not breached approval of Risk by way of credit amendment
  • Fully redeeming loans and releasing security
  • Buildings insurance administration
  • Statement generation, review and dispatch
  • Arrears monitoring, production of monthly arrears report
  • Instructing solicitors to commence possession proceedings, providing arrears schedules
  • Ensure all suspense accounts are reviewed and investigated
  • Quarterly residential mortgage rate amendment and dispatch of confirmations to customers
  • Annual Islamic rate review and dispatch of statements and letters to customers
  • Annual insurance renewal, updating indexlinking figures, premiums and tax rate
  • Monthly reporting and distribution of funds for the Tidelink mortgage portfolio
  • Production of monthly mortgage progress report for Senior Management
  • Opening accounts and commitments for new loans
  • Drawing up loan facility documentation and security documentation
  • Drawdown of loans and relevant disbursements
  • Setting up overdrafts both secured and unsecured
  • Loan rollovers/rate fixings
  • Daily monitoring of overdrawn accounts
  • Weekly LTV monitoring for Risk department
  • Revaluing all security monthly

EXPERIENCE REQUIRED:


  • The individual will have relevant experience within an Operations or Central Loans department, and a strong team player with good written and verbal communication skills.
  • Experience of the following required:
  • General Loan and Overdraft Administration
  • Mortgage Administration
  • Margin lending
  • Good PC knowledge, Word & Excel
For further information please contact Natalie Antat


About this role:


Location:

London


Specialism:

Credit Analysis,
Operations/Middle Office


Salary:

Up to £35,000 pa pro rata


Type:

Contract


Reference:

18591

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