Lending Operations Coordinator
7 days ago
Job Summary: We are seeking a highly skilled Lending Operations Coordinator to join our team at the Quantum Group in London. This is a permanent position that requires strong credit administration expertise.
Estimated Salary: £50,000 - £60,000 per annum.
Key Responsibilities:The Lending Operations Coordinator will be responsible for supporting lending operations from pre-disbursement to post-completion. This includes preparing key documents, coordinating stakeholder engagement, and ensuring adherence to banking procedures.
Responsibilities:- Pre-Disbursement:
- Document Preparation: Prepare in-house term sheets, facility letters, addenda, etridge, borrower consent, lien on deposit authorization, and other relevant documents in a timely manner following credit approval.
- Stakeholder Engagement: Solicit fee quotes from panel-approved valuers and solicitors, and coordinate their appointment as required.
- Condition Precedents: Ensure Condition Precedents are satisfied and all necessary documentation is prepared.
- Disbursement:
- Report Review: Review and assess report on title and valuation report, identifying key risks and recommending possible mitigants.
- Disbursement Processes: Carry out disbursement processes and booking of loan limits and collateral in the system.
- Stakeholder Liaison: Liaise with internal teams including Business, Operations, Credit Approval, Monitoring, and Remedial as required.
- Post-Completion:
- Documentation: Follow up with bank solicitors for full sets of dated and signed PDF copies of credit documents.
- Filing System: Maintain a proper filing system.
- Other Responsibilities:
- Database Maintenance: Assist in database maintenance and updates for limits and collateral management.
- Service Level Agreements: Deliver on service level agreements (SLAs) for limit management, collateral management, and documentation processes.
- Ad-Hoc Tasks: Participate in revaluation projects and other ad-hoc tasks related to credit administration.
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