Job Description

Job Description

Leading international Bank based in the city seek a Credit Administration Specialist on a 10 month contract, to play a vital part in ensuring the accurate preparation, verification, and safekeeping of credit documentation in line with internal policies, regulatory requirements, and performance standards.

Key Responsibilities

• Manage day-to-day tasks and routine operations, ensuring timely fulfilment of business and regulatory requirements.
• Record all transactions and updates in the Workflow system.
• Coordinate the preparation of credit documentation, including:
• Facility Offer Letters, Syndicated Agreements, Security Documentation
• Internal and external legal opinions and condition precedent documents
• Review and verify the proper execution of all documentation, including checking signatures and verifying authorities
• Maintain credit facility files, scan documents, and ensure secure storage in the vault.
• Encode lodgements and update collateral data in the bank’s systems.
• Liaise with Head Office, Product Specialists, Coverage, and Credit teams to ensure smooth processing of documentation and limit release.
• Monitor and follow up on incomplete documentation, deferrals, or waivers, ensuring relevant approvals are obtained.
• Conduct periodic reviews to ensure all documents are physically held and up to date.
• Support the clean-up and release of obsolete or fully settled securities and ensure correct cancellation in systems

Essential Experience

• Experience in Credit Limit Control, reporting and MIS, credit operations, or documentation handling.
• Strong understanding of facility documentation
• Proven knowledge of Syndicated Agreements, Facility Offer Letters, Security related documents and condition precedent documents
• Experience working for a Bank in the UK with full working rights and cant start at short notice