Lending Documentation/Security Officer-London based Lender

Recruiter
Coast Specialist Recruitment
Location
London
Salary
Competitive
Posted
17 Mar 2017
Closes
30 Mar 2017
Contract Type
Permanent
Hours
Full Time
A technical role has arisen within a specialist mortgage lender. The job holder will support the documentation of a range of lending products which is chiefly made up of commercial mortgages but also includes SME Working Capital & Trade Finance Facilities. The role will require end-to-end management of the process following credit approval through to completion and ensuring collateral is correctly executed together with post-completion follow up. Responsibilities: Responsible for executing facility documentation in line with the lenders standard operating policy & procedures as well as applicable external rules and regulations. Responsibility for the timely issuance of credit facility documentation. Oversee queries raised by solicitors and valuers, resolving problems and/or referring them to the Head of Credit Administration or, where relevant, the Head of Credit/Head of Commercial Banking for approval in terms delegated authorities. Liaison with Branch & Relationship Managers, Operations, Credit Approval and Remedial Management relating to Credit Administration. Review and assess reports produced by solicitors and valuers, identifying key risks and ensuring collateral and credit structure is as per credit approval. Instructing solicitors and valuers to ensure collateral and credit structure is as per credit approval. Key Attributes and Requirements: Understanding of credit documentation, security perfection, property valuations and collateral management. Understanding of key risks (documentation, collateral, transaction & other related risks) arising from commercial property lending. Team player who thinks logically. Confident in interacting frequently across all business areas and with middle management. Strong verbal and written business writing skills.