Credit Administration Officer

Credit Administration Officer

Our client, a City based international bank are looking to recruit a Credit Administration Office, paying £30-35k, perm.
Responsibilities:

1. Draft and vet all facility and security documents in order to ensure that the Branch’s position is adequately protected and that the documents will be enforceable in a court of law if the need arises.
2. Liaise with solicitors on aspect of security documentation.
3. Input, maintain and renew credit limits, interest rates and commissions, block and de-block limits to ensure all conditions and requirements are fulfilled.
4. Follow-up on incomplete documents with the Marketing Department to ensure that the documentation is completed.
5. Follow-up on the timely renewal of insurances for properties mortgages to the Bank to ensure that the properties are adequately protected by insurance cover. Follow-up on timely renewal of credit insurances to ensure our interest/ assignment is noted.
6. Handle problem accounts including liaising with all departments to obtain figures outstanding, calculating off-book interest and issuing letters of demand, liaising with solicitors and other professional bodies pertaining to problem accounts and recovery of sums outstanding.
7. Carrying out company searches for branch and overseas branches.
8. Provide Process Agent services for Head Office from time to time.
9. Maintain and update the limit and collateral systems (Eximbills) to ensure entries are accurately updated upon completion of facility and security documentation, including expiry date, cancellation, interest rates and other relevant data.
10. Monitor customer over limit/excesses under daily special conditions report and report to management.
11. Produce the following reports:
? Debt classification report to Head Office.
? B.O.T report on problem accounts
? Business volumes
? Half yearly customer portfolio report
? Outstanding documentation report.
? Over limit report as submitted to Credit Committee on a weekly basis.
? Other reports as required by management/Head Office.
12. Maintain and ensure completeness of customer files and filing system.
13. Provide secretarial duties support to the London Branch Credit Committee.
14. Attend to any other matters which may be assigned from time to time by the Assistant Branch Manager or/and the Branch Manager.

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