Loan Officer - Real Estate Finance

My client is an established and leading Challenger Bank.

The role of the Loan Book Officer is to provide support to the Structured Property Solutions Team in assisting with new loan applications, maintenance and review of the existing loan book (including the provision of regular management information), day to day returns, audits and reviews as required by the wider business and/or the Head of Operations.

General portfolio management of the loan book including set–up of new applications/new loans (plus variations of loans/repayment), day to day management of the Work In Progress and cashflow for drawdown and repayment and liaison with the underwriters, treasury and deposits (as and when required) to ensure the loan book is appropriately managed for liquidity purposes.

• Assist with Customer Due Diligence (Know your Customer/Know your Business) for new customers and on‑going reviews.
• Monitoring of the portfolio reports to ensure the loan book is efficiently managed with maturity dates/interest in line with loan agreements.
• Management of the regular Direct Debit claims for interest purposes.
• Preparation of offer letters/variations and extension Letters with the status to be monitored on the offer letter log.
• Preparation of instruction letters for third party professionals.
• Monitoring of loan conditions, overdue interest and Call Accounts.
• Fee Account reconciliation and periodic returns to Finance.
• Preparation of redemption statements.
• Complete Post Completion Checklists/Welcome Letters

• Knowledge of/ interest in the property market
• Legal aspects of the property market, specifically taking property as security
• Familiarisation with bridging, development, commercial and / or short term lending
• Working knowledge of loan operations with banks or lenders
• Ability to use various IT tools such as financial and administrative, word processing, spreadsheet and database software

• Seniority level:
  Associate
• Employment type:
  
  Full-time
• Job function:
  Administrative and Analyst
• Industry: Banking

London (hybrid working)

up to c. £50k plus discretionary bonus