Credit Administration Manager

Sterling Williams are currently working alongside an International Bank based in the heart of the City of London who are looking to hire a Credit Administration Manager on a permanent basis. The successful candidate will manage all aspects of the credit administration processes and ensure the execution of processes are met by the wider team.

Credit Administration Manager

Permanent

Salary c£50,000 - £60,000 pa plus benefit.

Hybrid working (3:2) after a successful initial period (5 days in)

This role requires a very hands on approach following the cycle from the point of approval to post completion follow up and ongoing facilities servicing. As Manager, the job holder is also expected to facilitate the empanelment of solicitors and valuers, maintaining MI and contribute to ongoing process improvement, whilst coaching and mentoring less experienced staff.

Verifying documentation, maintenance of all credit limits, critical data and collateral and escalate matters in accordance with Bank policy.

The job holder will play a critical role in mitigating risk by ensuring proper documentation and process. The role entails working with external solicitors for perfection of security, lease consent, discharge, release, S106 Agreement etc, collaborating with internal and external stakeholders/counterparties as needed to ensure each stage is timely managed for a range of lending products made up of real estate loans and SME working capital facilities, Islamic lending and occasional syndication loans.

The successful candidate will likely have:

• Proven experience (10 years) in credit administration with local banks engaging in Buy to Let (residential and commercial) & SME banking product, working capital facilities and people management.
• Strong understanding of documentation, security perfection, regulatory and property due diligence requirements
• Experience of process for risk mitigation & control.
• Knowledge in Islamic lending - Commodity Murabaha and Diminishing Musharaka desirable but not essential
• Having a thorough understanding of legal conveyancing is also desirable, but not essential.