Senior Credit/Loan Documentation Officer

Posted 04 July 2024
Salary Negotiable
LocationCity of London
Job type Permanent
Discipline Banking Operations
Contact NameWill Goodman

Job description

Our Client are a leading international bank based in the heart of London, they are currently searching for a Senior Credit Officer to join their team on a full time basis. As a Senior Credit Officer, you will be responsible for assessing the operational feasibility of corporate loan documents, overseeing facility onboarding, conducting pre-disbursement checks, managing credit file archiving, and handling loan administration in their systems.

Key Responsibilities:

Documentation Review:

  • Assess operational feasibility of corporate loan documents, including facility agreements, silent participations, agency documents, secondary trades, and security agent roles.
  • Ensure minimum requirements for drawdown are met before disbursement, including executed agreements, credit approvals, satisfied conditions precedents, and valid utilization requests.
  • Conduct thorough reviews of credit documentation for regulatory compliance, internal policies, and industry standards.
  • Identify and rectify discrepancies, errors, or omissions in credit documentation.
  • Review credit proposals and supporting documentation before credit committee meetings, providing insights and recommendations.
  • Attend credit committee meetings, document decisions, and maintain accurate records.
  • Onboard facilities meticulously in the bank's systems and internal drives.
  • Develop and implement standardized procedures for documentation review, verification, and archiving.
  • Conduct regular audits and quality checks, implementing improvements as needed.
  • Collaborate with internal departments to address documentation-related issues and ensure timely disbursements.
  • Stay updated on regulatory developments and best practices, implementing necessary updates to procedures.
  • Provide support and guidance to new team members on documentation review and operational risk control.

Credit File Archiving:

  • Lead the documentation review and archiving team, ensuring accurate and timely processes.
  • Implement standardized procedures for documentation management, adhering to regulatory and internal policies.
  • Conduct regular audits, quality checks, and prepare reports for senior management and internal regulatory authorities.
  • Serve as a subject matter expert on documentation management practices.

Skills and Qualifications:

  • Minimum of 5 years of experience in credit analysis, credit risk control, and documentation review.
  • Proficiency in Microsoft Excel, PowerPoint, and chart-making tools.
  • Mandarin language skills are preferable but not mandatory.
  • Strong communication skills to liaise within the bank and with appropriate business counterparties.