Credit Administrator
The successful Credit Administrator's duties include:
- Recording and maintaining lending facilities in line with approved credit limits.
- Drafting Facility Letters, including Regulated Mortgage Contracts.
- Liaising with legal and valuation partners, and ensuring all conditions precedent are met before draw-down.
- Monitoring and reviewing security arrangements, insurance requirements, and staged draw-downs.
- Managing facility draw-downs and repayments, including release of security upon full repayment.
- Ensuring annual relationship and insurance reviews are conducted.
- Maintaining a clear audit trail and providing management assurance on operational controls.
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