Mortgage Administrator
- London
- £35,000-37,000 per year
- Permanent
- Full-time
- Ensuring that all lending facilities operate within the limits agreed by Credit Committee and/or the Group Credit Committee. This includes:
- Recording facilities into the banking system
- Maintaining a clear audit trail of relevant documents.
- Documenting Facility Letters, including Regulated Mortgage Contracts
- Liaising with legal and valuation partners
- Confirming that the Bank has adequate security and that conditions precedent are met prior to the draw-down
- Draw-down of facilities
- Ensuring annual relationship management and insurance reviews are conducted
- Confirming that loans have been repaid in full prior to release of security
- Establishment of systems and procedures to monitor specific requirements; e.g. mandatory insurance, staged draw-down etc.
- Providing assurance to management that controls are being operated in order to mitigate risks.
- 1-3 years knowledge of credit administration/lending is essential
- Previous experience gained in legal services, underwriting or loan relationship management would be advantageous.
- Well-developed logic skills with a clarity of focus and clear attention to detail.
- Above average Excel skills.
- Excellent written, verbal communication and presentation skills.
- Sound knowledge of the UK property market