Loan Documentation Officer

1 week ago


London, Greater London, United Kingdom MARKET TALENT Full time

We are supporting an International Bank based in London who are seeking a Real Estate the We are currently looking for an experienced Housing Credit Officer to join a large prestigious private bank.


Job Purpose

  • To provide administrative support within Housing Loan Unit with responsibility for monitoring and reporting of management information to senior management.
  • The implementation/execution of Retail & Private Banking Housing Loan facilities, including all matters relating to documentation, up to and including instructions to Loans Admin for drawdown.
  • To ensure the compliance with the Bank's policies and procedures.

Key Responsibilities & Accountabilities

  • Prepare/compile all loan documentation; e.g. loan agreements, legal charges (in cooperation with solicitor), personal guarantees, assignment of rental income, charges over deposit, etc).
  • Provide complete documentation package to Relationship Manager's for internal/external signatures.
  • Interact with surveyors to prepare valuation reports and ensure compliance with credit approvals.
  • Interact with solicitors to ensure the conveyance is completed in a timely manner and that all relevant matters in the valuation reports are addressed in Reports on Title.
  • Prepare the Loan Drawdown Authority Request (LDAR) in accordance with the facility approval and follow up with Loans Admin to ensure timely and correct drawdown.
  • File copies of LDARs and respective loan documents according to bank procedures.
  • Manage and followup on any deficiencies relating to documentation and covenants as well as limit breaches, insurances, etc.
  • Assist with Retail Loans' annual reviews
  • Assist with the general administration of the section including management information reporting, departmental filing and archiving
  • To maintain and update departmental policy and procedures manuals as required.
  • Maintenance of Security Register.
  • Updating Loans Tracker regularly particularly with regard to completion dates. This should be done at the end of each day.
  • To be proactive in chasing 3rd parties particularly chartered surveyors and solicitors to ensure we have complete file well in advance of completion date.
  • Maintain a diary system in order to be alerted when to chase and find out what is happening with a property.

Qualification & Experience

  • Dealing with solicitors and valuers
  • Strong time management skills in dealing with various deadlines.
  • Management Information Reporting
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