VP Credit Administration

Overview

Broadgate Search is partnering with a well-established German banking institution with a strong presence in New York to appoint a Credit Administration Officer into its Credit function. This role sits within a collaborative and highly regulated environment, supporting a broad portfolio of lending and trade finance activities.

As part of the Credit team, the Credit Administration Officer will be responsible for the end-to-end administration of new and existing credit transactions
, ensuring all facilities are accurately recorded and maintained in line with internal policies and regulatory requirements. The role has a strong focus on credit operations, collateral management, monitoring, and reporting
, and will work closely with internal stakeholders across Credit, Risk, and Operations.

• Accurate recording and maintenance of credit transactions within internal credit systems
• Monitoring and invoicing of scheduled principal and interest payments
• Tracking credit review and internal rating timelines
• Verification and satisfaction of conditions precedent
• Management and monitoring of collateral, including valuations
• Ongoing data quality checks and reconciliations across credit accounts
• Processing of letters of credit and bank guarantees
• Preparation and processing of loan loss provisions
• Support for regulatory and internal reporting requirements

Education

• Formal training in credit administration; a college degree is preferred

Professional Experience

• 5+ years’ experience in credit administration or credit operations within a banking environment
• Hands-on experience processing letters of credit and guarantees

Technical Skills

• Strong proficiency in MS Office
• Experience with bank credit systems; exposure to SAP is advantageous
• Strong verbal and written communication skills
• High attention to detail and accuracy
• Collaborative, team-oriented mindset
• German language skills and familiarity with German or European banking regulation (e.g. BaFin / ECB) are beneficial but not required