Lending Specialist

LMA Recruitment Ltd
£36k - £45k pa
19 Oct 2016
18 Nov 2016
Contract Type
A new opportunity has become available at an International Bank for a Lending Specialist.

Duties to include:

* Responsible for implementation and execution of all loan facilities, including all matters relating to documentation; e.g. facility letters, legal charges, personal guarantees, assignment of rental income, charge over deposit, etc.
* To ensure compliance with Bank's policies and procedures governing property loans and with the approved credit facility for each customer
* Liaise with solicitors to ensure the conveyance is completed in timely manner
* Liaise with internal stakeholders to ensure all conditions within facility documentation are met pre disbursement.
* Appoint and interact with surveyors to prepare valuation reports and ensure compliance with credit approvals
* Managing the repayments process, including the collection of outstanding and overdue payments in addition to dealing with early settlements and loan redemptions
* Follow-up with solicitors for matters lined up for completion
* Managing property valuation, insurance and lending database and renewals as per Bank's lending policy
* Prepare credit and management information reports
* Liaise with business and agent banks for syndicated lending; e.g. LMA documentation, payments, rollovers, settlements, etc.
* Drive business segment understanding/adherence to policies/procedures during closing process
* Responsible for safe custody of legal documentation and maintenance of Security Register
* Keep knowledge current and comprehensive on portfolio, clients and facility changes by following operational procedures
* Contribute to organizational projects including process improvement initiatives.
* Monitoring compliance with terms and conditions of the credit facility agreements.
* Manage the day-to-day work within the established Operational metrics for the organisation, within the defined Service level agreements

The candidate will have:

* Kowledge of Equation (loan system)
* Ability to interpret credit agreements, LMA documents.
* Knowledge of Islamic finance
* Knowledge of Syndicated lending
* Project planning skills
* Strive towards a paperless environment
* Identifies and shares best practices and lessons learned
* Bachelor's degree in business, finance or related discipline
* Proven competency of working within a Financial Services environment, ideally within an Operations/Credit Administration team.
* Loans administration experience.
* Understanding of Mortgage loan documentation
* Ability to communicate proactively and present effectively within a fast paced professional business environment (both written and oral)

This is a permanent position that the client is looking to pay between £36,000 and £45,000pa depending on experience.