Loan Administrator – Bridging & Development Finance – Manchester

Our client one of the UKs leading providers of property finance require a Loan Administrator to join their team in Central Manchester.

Key Responsibilities

Main Responsibilities:

• Preparing loan documentation – new business and renewals.
• Instructing and liaising with our panel solicitors to ensure we obtain perfected security documentation for secure lending purposes and to co-ordinate and expedite the legal process for the smooth completion of loan facilities.
• Liaising with Borrowers, Brokers and Sales Team to ensure all approved loans are progressing effectively to completion in a timely manner.
• Issuing retention documentation for development facilities and monitoring exposure levels.
• Liaising with other lenders – 2^nd charge mortgage consents/redemption statements.
• Obtain weekly updates from our panel solicitors on pending completions and update the property team, plus updating the deals pending spreadsheet and wipeboard.
• Manage and maintain client files & records.
• Liaising with Borrowers in relation to any overdue interest payments.
• Issuing discharge documentation upon redemption of loan facilities.
• Searches – HM Land Registry, Credit Reference Agency (CRN) – Individual, Corporate and Bankruptcy, plus monitor daily CRN updates on ‘watchout’.
• Post completion of loans manage diary to ensure obtain title register from sols/HMLR with our charge registered.
• Occasionally prepare credit papers & application forms.
• Ensure security and insurance register is up to date and manage diary to chase upon expiry for renewal.
• Liaising with insurers as and when necessary.
• Archiving – manage closed files, especially any security documentation which may relate to other exposures.
• Other admin/support/general office duties.

Key Requirements:

• Strong pc skills, including excel , word and outlook.
• Tenacity, integrity, flexible, superb communication skills, able to work independently with minimum supervision, extremely organised and excellent time management.

The successful candidate will be rewarded with a market leading salary + excellent benefits.

For more information about this role or any of our vacancies call 01625 522 774 or email jobs@m2recruit.co.uk.

M2 Professional Recruitment Services
Tel: 01625 522 774
Fax: 01625 523 377
jobs@m2recruit.co.uk
www.m2recruit.co.uk