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Loan Administrator - Property Finance

Salary:
23,000 - 28,000
Location:
Manchester
Company:
M2 Professional Recruitment Services Ltd

Description

A fantastic opportunity has arisen for an experienced loan administrator to join a leading property finance lender based in Manchester.

Key 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 - 2nd 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 wipe-board.
  • 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.

Key Requirements:

  • Property/Loan documentation experience preferred but not essential.
  • 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.

In return you will be rewarded with a competitive basic salary and range of additional benefits.

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