Loan/Credit Administration Officer

City based international bank seek a Loan/Credit Administration Officer for a year long maternity cover assignment About the Role To assist in the day to day running of all loan and credit administration matters. To ensure agreements with customers are fulfilled and monitored and the Bank's/Branch's position is properly protected with all security items being properly recorded and securely stored. To process the opening of new accounts. To Amend / Update existing clients Accordingly To process the closing of accounts. Key Responsibilities To ensure that terms and conditions embodied in facility letters are complied with on an ongoing basis To prepare, issue, diarise for, to check upon receipt and finally to lodge in the Bank's records, all Credit facility and security documentation Check LMA Trade Agreements, check Break Funding calculations, set up loan structures from original agreements, set up and monitor Non-Utilisation Fees against Commitments, liaise with Agent Banks To ensure the loan database is updated on a daily basis, to include the inputting of commitments, drawdowns, rollovers, repayment schedules etc. To ensure that security for credit lines is properly taken To ensure that security is to be properly recorded, securely held in safe custody To ensure that limits are to be accurately recorded on in house banking system including expiry dates, interest rates To ensure that drawdowns, rollovers and any relevant payments are correctly administered To ensure that charges, interest, fees and loan reductions/repayments are passed on the due date and interest advise are generated and sent to customers as required. To ensure that there is full liaison with Relationship Managers and Assistant Relationship Managers relating to any credit admin matters To ensure that all Security (and in particular property) is properly insured and our interest is noted as first lose payee To ensure Syndicated Loans spread sheets are updated and correct payments are made accordingly Qualifications & Experience Minimum 2-3 years' experience in Loan/Credit Administration working for a bank or Financial institution Proven Credit facility and security documentation Strong understanding of LMA Trade Agreements Excellent excel skills, analytical with a sound attention to detail *****Full Uk working rights with experience gained working in the UK only*****