Banking Credit Administration Officer

Barbara Houghton Associates Ltd

Sep 5th, 2022
£ 30,000 - 40,000 / Year

Our client an international bank is seeking a Credit Administration Officer to join their team on permanent basis.

It is essential for all applicants to have previous work experience within a UK based bank within credit admin

Responsibilities include and are not limited to:

Responsibility for reviewing all credit approvals in line with procedure
Identifying and highlighting to relevant stakeholders any errors
Highlighting any credit conditions and ensuring they are satisfied as required before activating limits in CMS
Processing limits for activation in CMS and ensuring they are activated in line with procedures
Keeping a record of all credit conditions and ensuring they are discussed with the manager
Ensuring a weekly report on the status of credit conditions is shared with the department
Saving evidence of satisfaction of credit conditions
Responsible for adding details of new monitoring requirements to the SharePoint Covenant Monitoring Site based on documented requirements
Follow up with RM’s on overdue items as required
Escalating any issues to the Head of Credit
Producing the excess report for monthly MI reporting
Ensuring that the department’s management tools, such as SharePoint are up to date
Compiling/distributing management information as required by the manager of the department
Training other members of staff as and when required
Providing effective cover for other team members in their absence and as required by line manager

Skills and knowledge:

Basic knowledge of banking industry products/services
Understanding of standard loan covenants
Understanding of pre and post credit approval processes
Understanding of the Bank’s Credit Risk policies
1 year experience.
Graduate

Job Types: Full-time, Permanent

Salary: £30,000.00-£40,000.00 per year

Schedule:

  • 8 hour shift

If you require alternative methods of application or screening, you must approach Barbara Houghton Associates Ltd directly to request this, as we're not responsible for the employer's application process.

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