LOAN ADMINISTRATOR – PROPERTY FINANCE – 6 MONTH FTC
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| Job Type | Contract |
| Area | City, UK |
| Sector | BankingOperations |
| Salary | TO £34K (PRO RATA) |
| Currency | GBP |
| Start Date | |
| Job Ref | VAC-11767 |
| Job Views | 43 |
- Description
- A rapidly expanding Challenger banking group based in Central London requires a Loan Administrator on a 6 month FTC. The primary purpose of this role is to provide loan administration to the Commercial Mortgages Department. The successful candidate will have gained experience within a specialist property finance institution.
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 Administrator will have at 4 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.