Credit Administration Officer

City of London

Permanent

£40,000

5 days in the office to begin

cer Financial are working alongside a Real Estate Focused bank, who are based in the City of London. They are seeking a Credit Administration Officer.

The responsibilities of the Credit Administration Officer will include:

1. Manage the end-to-end credit administration process from pre-disbursement through to post-completion.
2. Prepare credit documentation, including term sheets, facility letters, addendums, borrower consents, and other lending documents.
3. Ensure all lending documentation complies with internal policies, procedures, and regulatory requirements.
4. Coordinate with internal stakeholders (Business, Credit, Operations, Treasury, Monitoring, Remedial) and external parties (solicitors and valuers).
5. Obtain fee quotes and instruct panel solicitors and valuers.
6. Monitor the return of signed documentation and commitment fees.
7. Review valuation reports and legal documentation, identifying risks and ensuring all lending conditions are met before disbursement.
8. Manage the loan disbursement process, including booking loan limits and collateral in the banking system.
9. Maintain regular communication with stakeholders throughout the lending process.
10. Follow up on legal completion, security perfection, executed documents, and outstanding post-completion conditions.
11. Maintain accurate filing systems, management information (MI), databases, and audit records.
12. Update lending pipeline, collateral, insurance, valuation, review dates, and related data.
13. Monitor property revaluations and liaise with valuers and relationship managers on findings.
14. Meet agreed service level agreements (SLAs).
15. Support audits, user acceptance testing (UAT), projects, and continuous improvement initiatives within Credit Administration.
16. Comply with FCA/PRA Conduct Rules and maintain high standards of integrity, customer fairness, and regulatory compliance.

The successful candidate will have:

1. Experience in Credit Administration within banking.
2. Knowledge of Buy-to-Let lending (residential and commercial).
3. SME banking product knowledge.
4. Experience with risk mitigation and control processes and technology.
5. Understanding of credit documentation, security perfection, valuations, and collateral management.
6. Knowledge of relevant banking laws and regulations.
7. Strong proficiency with spreadsheets and database tools.
8. Ability to review legal and valuation documentation.
9. Experience maintaining lending records, databases, and management information.