Banking Administration Associate

1 month ago


London, Greater London, United Kingdom Quantum Group Full time

Job Description: The Banking Administration Associate will provide support to the lending operations team at the Quantum Group in London. This is a permanent position that requires strong organizational skills and attention to detail.

Salary Range: £45,000 - £55,000 per annum.

Responsibilities:

The Banking Administration Associate will be responsible for assisting with lending operations from pre-disbursement to post-completion. This includes preparing key documents, coordinating stakeholder engagement, and ensuring adherence to banking procedures.

Key Responsibilities:
  1. Document Preparation:
    1. Prepare in-house term sheets, facility letters, addenda, and other relevant documents in a timely manner following credit approval.
    2. Solicit quotes from panel-approved valuers and solicitors, and coordinate their appointment as required.
  2. Stakeholder Engagement:
    1. Coordinate the appointment of solicitors and valuers chosen by clients.
    2. Review valuation reports and ensure Condition Precedents are satisfied.
  3. Disbursement:
    1. Carry out disbursement processes and booking of loan limits and collateral in the system.
    2. Liaise with internal teams including Business, Operations, Credit Approval, Monitoring, and Remedial as required.
  4. Post-Completion:
    1. Follow up with bank solicitors for full sets of dated and signed PDF copies of credit documents.
    2. Maintain a proper filing system.
  5. Other Responsibilities:
    1. Assist in database maintenance and updates for limits and collateral management.
    2. Deliver on service level agreements (SLAs) for limit management, collateral management, and documentation processes.
    3. Participate in revaluation projects and other ad-hoc tasks related to credit administration.


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