Risk - Credit Administration Officer

Job Title:Risk Credit Administration Officer
Location:London U.K
Department:Credit Administration / Risk Management
Employment Type:Permanent
Work Pattern: FullTime

Overview:

Post Approval Credit Workflow management: The Credit Administration function is a key enabler in the Banks delivery chain providing oversight and control over the extension and maintenance of all credit. It is responsible for providing high quality and efficient administrative and operational support to the Marketing groups Risk and Product areas and supports and monitors the lending activities after ensuring that each transaction complies strictly with all policies and procedures relating to Credit Legal and AML/Compliance aspects.

Ongoing monitoring of Facility Conditions Financial /Nonfinancial Covenants and Information undertakings: CAD SharePoint Covenant Monitoring site to ensure that after a facility is live it is continuously monitored by keeping a track of the borrowers compliance with all financial and nonfinancial covenants. Any exceptions are to be highlighted to the appropriate levels of authority.

Monitoring the Receipt of Security and Support Documentation: CAD will maintain oversight on the safe keeping of security and documents in the safe custody vault working with Operations who are responsible for said safe keeping to ensure that documentation is received and stored as required. CAD will carry out sample tests on a monthly basis and carry our periodical physical checks.

What You Will Be Doing:

Credit Documentation Oversight: Pre and Post Drawdown Controls

• Working alongside internal stakeholders to ensure credit documentation is in line with Banks internal credit approval relevant internal policies and head office requirements
• Reviewing credit approvals to establish post approval requirements
• Ensuring key requirements of credit approval are included in the documentation
• Ensuring the fulfilment of pre and post drawdown conditions
• Ensuring that post drawdown covenant monitoring requirements and conditions are recorded in the documentation as per credit approval
• Ensuring risk transfers are recorded in line with Bank and regulatory requirements
• Confirming satisfaction of conditions precedent
• Approving activation of limits in Banks credit management system
• Ensuring covenant monitoring items and undertakings are tracked and managed in line with procedure
• Ensuring collateral/security data is recorded in the Banks systems as required by procedure
• Liaising internally with Credit Legal Front office Operations and other stakeholders
• Production and development of departmental MI for internal and audit purposes
• Providing effective cover for other team members in their absence
• Banks credit management system
• Additional activities support and activities as required by line manager

Candidate Specification:

• Good knowledge of Banking industry products/services.
• Excellent understanding of facility and security documentation.
• Good understanding of standard loan covenants.
• Understanding of pre and post credit approval processes.
• Understanding of credit risk mitigation/process for risk transfers.
• Minimum 3 years experience in a similar role.
• Excellent written and verbal English language and communication skills.
• Accuracy and attention to detail.
• Ability to work well in a team and independently.
• Ability to show initiative and accountability.
• Problem Solving skills.
• Ability to work to deadlines and under pressure.
• Ability to interact with key stakeholders in a multicultural environment.

Equal Employment Opportunity

Bank ABC is committed to the principles of equal employment opportunity for all employees and applicants and in accordance with applicable laws does not discriminate on the basis of sex gender identity gender expression race color religion national origin ancestry age marital status disability medical condition sexual orientation or on any other basis prohibited by law.

We welcome applications from people with disabilities and are committed to providing reasonable adjustments where necessary to make interviews and jobs more accessible. Should you have any difficulty during the recruitment process require any reasonable adjustments or an application to Access to work please contact the recruitment lead on: