Senior Credit Documentation Officer - City of London, United Kingdom - MARKET TALENT

MARKET TALENT
MARKET TALENT
Verified Company
City of London, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description

Prestigious city bank is seeking well experienced Credit Documentation and Loans individual to help with a period of volume that is expected for 6m to 12m.

The role will firstly set as a temporary resource but you may find yourself in a longer term opportunity.


Credit Documentation

  • 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 & nonstandard 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
  • Coordinate with International team in Head Office/Product Specialists/Coverage and Credit Teams as and when required in order to complete the documentation process/limit release in the Bank's Systems.
  • Ensure approval from relevant authorities is held for deferrals/waiver of any incomplete documents.
  • Ensure rectification of existing discrepancies/deficiencies (if any) in documentation.
  • Encode lodgement of documents and update collateral data in the Bank's system.
  • Verify and confirm periodically at the time of renewal/review of credit limits that all required security/support documents are physically held in safe custody and periodic cleanup of old and obsolete facility/security documents upon settlement.
  • Verify approvals requested for permanent release of collaterals, security documentation and ensuring that there are no liabilities or outstanding and facilities are cancelled from the system.

Credit Documentation

  • 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 & nonstandard 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
  • Coordinate with CAD-International team in Head Office/Product Specialists/Coverage and Credit Teams as and when required in order to complete the documentation process/limit release in the Bank's Systems.
  • Ensure approval from relevant authorities is held for deferrals/waiver of any incomplete documents.
  • Ensure rectification of existing discrepancies/deficiencies (if any) in documentation.
  • Encode lodgement of documents and update collateral data in the Bank's system.
  • Verify and confirm periodically at the time of renewal/review of credit limits that all required security/support documents are physically held in safe custody and periodic cleanup of old and obsolete facility/security documents upon settlement.
  • Verify approvals requested for permanent release of collaterals, security documentation and ensuring that there are no liabilities or outstanding and facilities are cancelled from the system.
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