LOAN DOCUMENTATION OFFICER - PROPERTY DEVELOPMENT
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| Job Type | Permanent |
| Area | All of London, UK |
| Sector | Banking |
| Salary | TO £38K + BENS + BONUS |
| Currency | GBP |
| Start Date | |
| Job Ref | VAC-12185 |
| Job Views | 182 |
- Description
- A rapidly expanding Property Finance company based in Central London requires a Loan Documentation Officer. You will be responsible for managing the initial due diligence and 'in-life' controls required for property finance transactions. The successful candidate will have gained experience within a specialist residential development finance transactions.
Duties to include:
- Prepare facility letters in accordance with credit committee approval
- Deal with all Know Your Customer and other regulatory requirements
- Instruct professionals (Solicitors, Valuers and Project monitoring Surveyors) and interpret reports dealing with any matters arising
- Deal with the loan arrangements and ensure each deal is in line with credits expectation
- Manage drawdown and completion of the banks security
- Deal with increases and changes in conjunction with Credit Committee approvals Lender
- Monitor each development in conjunction with the Project Monitoring Service and manage the certificate drawdown process
- Deal with all technical matters until repayment
The Loans Documentation Officer will have at 3 years-experience of similar property transactions as well as good Knowledge of AML/KYC requirements. You will also have strong analytical skills and good attention to detail.