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

Saxton Leigh

Verified Company

London, United Kingdom

4 weeks ago

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