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Loan Administrator

4 months ago


Manchester, United Kingdom M2 Professional Recruitment Services Ltd Full time

Our client one of the UKs leading providers of property finance require a Loan Administrator to join their team in Central Manchester.

**Key Responsibilities**

**_Main Responsibilities:_**
- Preparing loan documentation - new business and renewals.
- Instructing and liaising with our panel solicitors to ensure we obtain perfected security documentation for secure lending purposes and to co-ordinate and expedite the legal process for the smooth completion of loan facilities.
- Liaising with Borrowers, Brokers and Sales Team to ensure all approved loans are progressing effectively to completion in a timely manner.
- Issuing retention documentation for development facilities and monitoring exposure levels.
- Liaising with other lenders - 2nd charge mortgage consents/redemption statements.
- Obtain weekly updates from our panel solicitors on pending completions and update the property team, plus updating the deals pending spreadsheet and wipeboard.
- Manage and maintain client files & records.
- Liaising with Borrowers in relation to any overdue interest payments.
- Issuing discharge documentation upon redemption of loan facilities.
- Searches - HM Land Registry, Credit Reference Agency (CRN) - Individual, Corporate and Bankruptcy, plus monitor daily CRN updates on 'watchout’.
- Post completion of loans manage diary to ensure obtain title register from sols/HMLR with our charge registered.
- Ensure security and insurance register is up to date and manage diary to chase upon expiry for renewal.
- Liaising with insurers as and when necessary.
- Archiving - manage closed files, especially any security documentation which may relate to other exposures.
- Other admin/support/general office duties.

**_Key Requirements:_**
- Strong pc skills, including excel, word and outlook.
- Tenacity, integrity, flexible, superb communication skills, able to work independently with minimum supervision, extremely organised and excellent time management.