International Bank have an urgent requirement for a Credit/Loans Administrator

Corporate Loan drawdown

  • Prepare the pre-disbursement checklist and make sure the Client has transferred sufficient funds to their account for fees and minimum balance
  • Prepare the Authorisation to release (AR) and check the Pre-disbursement checklist against the Condition Precedent stipulated in the Loan Agreement / Facility Agreement.
  • Verification of customers' signatures against the Authorised Signatures List.
  • Checking the Drawdown Requests from customers
  • Sending of confirmation on drawdown to customer if requested.
  • Prepare the COF and give the Treasury Front Office.
  • Setting up of new facility accounts.
  • This includes input of Loans, Limits, Collateral and Commitments in T24
  • Opening file for the customer
  • Preparation of standard correspondences.
  • To give a copy of the AR to Treasury Back Office for the payment to be input in Swift.
  • Input the fund transfer in T24 for booking fees and ensure all other fees have been paid

Overseas Mortgage Drawdown

  • Prepare the pre-disbursement checklist and make sure the Client has transferred sufficient funds to their account for fees and minimum balance
  • Prepare the Authorisation to release (AR) and check the Pre-disbursement checklist against the Condition Precedent stipulated in the Loan Agreement / Facility Agreement.
  • Verification of customers' signatures against the Authorised Signatures List.
  • Checking the Drawdown Requests from customers
  • Sending of confirmation on drawdown to customer if requested.
  • Prepare the COF and give the Treasury Front Office.
  • Setting up of new facility accounts.
  • This includes input of Loans, Limits and Collateral in T24
  • Opening file for the customer
  • Preparation of standard correspondences.
  • To give a copy of the AR to Treasury Back Office for the payment to be input in Swift.
  • Input the fund transfer in T24 for booking fees and ensure all other fees have been paid

Loan rollover & Re-pricings Corporate and Overseas Mortgage

  • Notify the Treasury Front Office of any drawdown, rollovers and repayments
  • Checking the payment instruction from customer.
  • To obtain COF/Libor rate from the dealers for loan re-pricing and rollovers.
  • Re-price all overseas mortgages and personal loans
  • Input new Loan Drawdown, Loan Rollover, Re-pricing and make necessary amendments in T24 as per customer's instructions.
  • To send loan advice for all rollovers and repricing to customers.
  • Follow up on account balances to ensure there are no late payments.
  • To review the overseas mortgages annually from their date of drawdown and charge the annual review fee.

Monitoring

  • To input in T24 for service charges, upfront fees, commitment fees and penalty charges received
  • To check the Reconciliation Statements for outstanding items and pass the necessary entries in T24.
  • Updating and maintaining of customer information in T24.

Month End Duties

Reporting

  • To prepare the following reports:

Weekly

  • Risk Management/London Manual Report
  • Delinquent report

Monthly

  • Credit Report
  • BNM Exposure Connected Party Report
  • Overseas Format Report
  • Non FI Borrowers Report
  • PB Loan Mortgage
  • Monthly Collection Report
  • Monthly Acceptance Report
  • Drawdowns & Repayments- IBTS
  • Drawdowns & Repayments- All
  • Portfolio Template
  • Deposit Report
  • Proton Group NII & Exposure
  • Risk Management
  • Undrawn Report
  • Risk Participation Report
  • Impaired Loan
  • Lotus, PETL & Riverich NII/ Corporate Income
  • UK Mortgage Details
  • FD checking (internal report)
  • Collective Assessment

Quarterly

  • Reschedules & Restricted Accounts
  • MLAR
  • FSA Regulated Mortgage

  1. Follow-up
  • Checking of reminders to be sent to customers' on late payment and overdue account.
  • To monitor and ensure borrowers comply with all terms at all times and to ensure any insurance, taxes or any other obligations of the borrower has been undertaken by the borrower.
  • To monitor and ensure that margin of advance to customers are within approved limits. Any excesses need to be rectified by requesting Credit Officers to prepare Facility Excess Approval for CC approval.
  • To check and ensure that all loans documentation is in order, properly filed and the security documents are properly kept in the strong room.
  • Tracking for fee and commission received and to inform supervising officer if these fees