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Credit Admin Officer

  • Location

    London, England

  • Sector:

    Operations & Middle Office

  • Job type:

    Contract

  • Salary:

    Up to £35000.00 per annum

  • Contact:

    Bethany Singer

  • Contact email:

    bethany@kennedypearce.com

  • Job ref:

    BBBH12897_1533230659

  • Published:

    4 months ago

  • Duration:

    6 MONTHS

  • Startdate:

    ASAP

As a Credit Admin Officer you will be responsible for:

  • Preparing the pre-disbursement checklist and make sure the Client has transferred sufficient funds to their account for fees and minimum balance
  • Preparing the Authorisation to release (AR) and check the Pre-disbursement checklist against the Condition Precedent stipulated in the Loan Agreement / Facility Agreement.
  • The verification of customers' signatures against the Authorised Signatures List.
  • Checking the Drawdown Requests from customers
  • Sending of confirmation on drawdown to customer if requested.
  • Prepare the COF and give the Treasury Front Office.
  • Setting up of new facility accounts.
  • Preparation of standard correspondences.
  • To give a copy of the AR to Treasury Back Office for the payment to be input in Swift.
  • Input the fund transfer in T24 for booking fees and ensure all other fees have been paid
  • Notifying the Treasury Front Office of any drawdown, rollovers and repayments
  • Checking the payment instruction from customer.
  • To obtain COF/Libor rate from the dealers for loan re-pricing and rollovers.
  • Re-price all overseas mortgages and personal loans
  • Input new Loan Drawdown, Loan Rollover, Re-pricing and make necessary amendments in T24 as per customer's instructions
  • To send loan advice for all rollovers and repricing to customers.
  • Follow up on account balances to ensure there are no late payments.
  • To review the overseas mortgages annually from their date of drawdown and charge the annual review fee.
  • To input in T24 for service charges, upfront fees, commitment fees and penalty charges received
  • To check the Reconciliation Statements for outstanding items and pass the necessary entries in T24.
  • Updating and maintaining of customer information in T24.

As a Credit Admin Officer you will need:

  • Experience in all the above
  • 2-5 years experience in credit admin
  • Knowledge of SILVERLAKE is desirable

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