Loans Administrator - London, United Kingdom - Cameron Kennedy

Cameron Kennedy
Cameron Kennedy
Verified Company
London, United Kingdom

4 weeks ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

CONTRACT TYPE:

  • Permanent
  • LOCATION:
  • London
  • INDUSTRY:
  • CK Executive
  • SALARY:
  • £ £42000 per annum + Bonus + Bens
  • START DATE:


  • ASAP

  • REF:
- pb 4732_ JOB PUBLISHED:

  • 5 days ago
    Loans Administrator

London

£ 42k + Bonus + Bens

THE COMPANY

Leading Investment Bank Based in the West End.

EXPERIENCE & SKILLS REQUIRED

  • Previous Loans Admin experience
  • 3 years Banking experience
  • Execution of House Loan experience is desirable

Job Purpose


To provide administrative support within Housing Loan Unit with responsibility for monitoring and reporting of management information to senior management.


The implementation/execution of Retail & Private Banking Housing Loan facilities, including all matters relating to documentation, up to and including instructions to Loans Admin for drawdown.

To ensure the compliance with the Bank's policies and procedures.


Key Responsibilities & Accountabilities
Prepare/compile all loan documentation; e.g. loan agreements, legal charges (in co-operation with solicitor), personal guarantees, assignment of rental income, charges over deposit, etc).

Provide complete documentation package to Relationship Manager's for

internal/external signatures.

Interact with surveyors to prepare valuation reports and ensure compliance with credit approvals.


Interact with solicitors to ensure the conveyance is completed in a timely manner and that all relevant matters in the valuation reports are addressed in Reports on Title.


Prepare the Loan Drawdown Authority Request (LDAR) in accordance with the facility approval and follow up with Loans Admin to ensure timely and correct drawdown.

File copies of LDARs and respective loan documents according to bank procedures.

Manage and follow-up on any deficiencies relating to documentation and covenants as well as limit breaches, insurances, etc.

Assist with Retail Loans' annual reviews

Assist with the general administration of the section including management information reporting, departmental filing and archiving

To maintain and update departmental policy and procedures manuals as required.

Maintenance of Security Register.

Updating Loans Tracker regularly particularly with regard to completion dates. This should be done at the end of each day.


To be proactive in chasing 3rd parties particularly chartered surveyors and solicitors to ensure we have complete file well in advance of completion date.

Maintain a diary system in order to be alerted when to chase and find out what is

happening with a property.
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