Credit Administrator Manager London CER Financial Full time

CER Financial; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading international bank in London is seeking a Credit Administration Manager to oversee credit processes and ensure compliance with service level agreements. The role requires extensive experience in credit administration, documentation, and risk mitigation. Join a dynamic team and enhance your career in financial services.

Qualifications

• 10+ years in credit administration with local banks.
• Strong understanding of documentation and security perfection.
• Experience with risk mitigation and control processes.

Responsibilities

• Review post-completion files and ensure accuracy.
• Facilitate empanelment of solicitors and valuers.
• Participate in projects related to Credit Administration.

Skills

Credit Administration

Risk Mitigation

Documentation

Regulatory Compliance

Tools

Spreadsheets

Database Tools

Job description

cer Financial are working alongside a great international bank who are based in the City of London. They are seeking a Credit Administrator Manager to work with them on a permanent basis.

The responsibilities of a Credit Administration Manager will include:

1. Review all post-completion files within a required period, ensuring limits, interest rates, collateral, and fees are correctly marked or recorded. Follow up for perfection of security documents and ensure complete security packages are received from solicitors for the bank’s safekeeping.
2. Facilitate the empanelment of solicitors and valuers.
3. Contribute to ongoing process improvements.
4. Participate in projects related to the Credit Administration function and participate in user acceptance testing.

To oversee and deliver on service level agreements regarding Management and Control processes including but not limited to:

1. Limit Input and Update.
2. Interest Rate Changes.
3. Bank and Trade Finance Limits.
4. Perfection and Registration of Security.
5. Collateral Input and Update.
6. Limit Expiry control systems.
7. Insurance checking and update.
8. Remediation.
9. Repayment, discharge, and release.
10. Dealing with lease consent requests.
11. Addressing requisitions from Auditors.
12. Contribute to ad hoc projects and property revaluation including index valuation.
13. Maintain and update relevant procedures and guidelines.

The successful Credit Administration Manager will have:

1. Proven experience (10+ years) in credit administration and processes with local banks engaging in Buy to Let (residential and commercial) & SME banking products, working capital facilities.
2. Strong understanding of documentation, security perfection, regulatory, and property due diligence requirements.
3. Experience with risk mitigation & control processes.
4. Proficiency in spreadsheets & database tools.
5. Strong understanding of credit documentation, security perfection, valuation, collateral management, laws, and regulations based on work experience.

cer Financial is a specialist Financial Services Recruitment consultancy with a dedicated team of consultants who work with our core values in mind...

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