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