Credit Documentation Officer - Banking - eFinancialCareers : Job Details

Credit Documentation Officer - Banking

Excellent opportunity for intelligent and broadly skilled Credit Officer, we would like someone with minimum 2 years experience in facility documentation, with knowledge and experience of LMA facility documentation, including syndicated loans. 

• Initiation, review and monitoring of documentation for Credit facilities
• Timely and accurate submission of excess and periodic reporting
• Maintenance and review of approved limits against exposures and ensuring static data is accurately reflected in the Branch systems
• Tracking Facility compliance to approved terms and conditions

• To prepare facility letters in accordance with approved credit proposals, credit reviews and documentation standards
• To check documents prepared by other Credit Admin staff and external lawyers
• To liaise with Facility Agents to complete documentation relating to participations in syndicated facilities.
• To track documentation status and follow up outstanding documentation
• To ensure all approvals and documentation is in order and prepare appropriate checklists to release facilities
• To set up and maintain Credit and Security files
• To maintain accurate facility limits and static data in the Branch systems
• Initiation, review and monitoring of documentation for Credit facilities
• Timely and accurate submission of excess and periodic reporting
• Maintenance and review of approved limits against exposures and ensuring static data is accurately reflected in the Branch systems
• Tracking Facility compliance to approved terms and conditions
• Check valuation reports and insurance documents prior to facility initiation and on an annual basis
• To prepare and/or check excess and periodic reports for Head office and London Branch Management in a timely and accurate manner as required.
• To provide training to other staff on issues related to credit administration as and when required.
• To assist other Credit Admin staff with safe custody of documentation required to be kept under dual control.
• To assist with queries raised by the Internal and External Auditors during their inspection on the Branch and reply to their questions whenever necessary.
• To update the Credit Admin Procedures Manual whenever necessary.
• To act as alternate for other credit admin staff in their absence.
• To undertake any other duties as designated by Head of Credit Admin and senior management.