Banking Credit Administration Officer

Salary: £36,000 – £48,000 per 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