Banking

Legal Documentations Officer – 6 Months FTC

Published:
23rd March 2023
Location:
City of London, United Kingdom
Category:
Banking  
Job Type:
Salary:
£30,000 - £40,000
Role:
Operations & Middle Office

Description

We are assisting a highly reputable International Bank based in the City of London. You will be joining a highly skilled and experienced team and will be responsible for carrying out credit admin function from post approval to loan disbursements.

Responsibilities

  • Solicit fee quotes from solicitors on panel in respect of lease vetting and consent, discharge and release requests from Business, Remedial or Credit.
  • Collaborate with business and coordinate the appointment of solicitors as chosen by client
  • Follow up with solicitors (and valuers if needed) until the matter is completed, resolving issues and/or referring them to the appropriate departments.
  • Keep Business updated on the progress.
  • Maintain and update the data associated with limits, review date, expiry date, insurance, collateral, cash lien, tenancy etc in system and applicable data bases.
  • Follow up with bank solicitors for full set of dated and signed pdf copies of credit documents.
  • Follow up with bank solicitors for perfection of bank’s executed charge documents and thereafter the return of full set of signed and dated hard copies.
  • Follow up on any condition subsequent.
  • Review insurance policy and update the record in system and applicable data base.
  • Attend to loan redemption requests.
  • Maintain proper filing system and assist in the maintenance of data bases used by the team.
  • Participate in the property revaluation project.
  • Update of interest rate in system.

Skills and Requirements

  • Credit Administration & process experience with Buy to Let (residential and commercial) & SME banking product knowledge.
  • Knowledge in Islamic lending.

 

Aisha Ishaq

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