Loans Documentation - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

**Credit Documentation

Promptly identifying and mitigating credit risk
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.

**Credit Limit and Control

Encode and activate credit limits and ensure accurate detailing before inputting the same into the Bank's system.
Prepare instructions for provisioning of accounts, customer grade changes, suspension of interest changes and writeoff entries.
Prepare Facility Summary Sheet and sharing copies of Loan Agreements to Loan Middle Office related to Loan Administration Function.
Carry out monthly activities such as review of limits in GLCMS and Core Banking System (T24), amendment of interest rates as applicable.
Encode up to date Overdraft interest rates codes in the Bank's system.