At a Glance
- Tasks: Manage credit administration processes and ensure compliance with bank policies.
- Company: Join a leading London bank known for its supportive team culture.
- Benefits: Enjoy a competitive salary of £50,000 and generous holiday perks.
- Why this job: Be part of a dynamic team while developing your skills in a vital banking role.
- Qualifications: 5+ years in credit administration with strong documentation and regulatory knowledge required.
- Other info: Opportunity to mentor junior staff and contribute to process improvements.
The predicted salary is between 40000 - 70000 £ per year.
Credit Administration Manager Our London client in the Banking sector is seeking a Credit Administration Manager to join the team as soon as possible on permanent basis with a salary of £50,000 on offer. This role comes with a great perks package including generous holiday. What does the role entail? Working as the Credit Administration Manager the job holder will handle and assist to manage all aspects of the credit administration processes to ensure they are accurately and effectively executed and that the Banks policy and guidelines are adhered to in full compliance with procedures and applicable regulations. It requires a very hands on approach to follow through the cycle from the point of pre-facility granting support to post completion follow up and ongoing facilities servicing. As the Manager, the job holder is also expected to facilitate the impalement of solicitors and valuers, maintaining MI and contribute to ongoing process improvement, coach and mentor junior/less experienced staff. What skills will you have? * Proven experience (5+ years) in credit administration with local banks engaging in Buy to Let (residential and commercial) & SME banking product, working capital facilities. * Strong understanding of documentation, security perfection, regulatory and property due diligence requirements * Experience of process and technology solutions for risk mitigation & control. * Knowledge in Islamic lending – desirable but not essential What is on offer? This permanent position as a Credit Administration Manager, is the opportunity to join a supportive but hardworking team. The salary on offer is £50,000 per annum. A great incentive package is also available. How to apply? To be considered for this Credit Administration Manager position please click apply now
Credit Administration Manager employer: LJ Recruitment
Contact Detail:
LJ Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Credit Administration Manager
✨Tip Number 1
Network with professionals in the banking sector, especially those who have experience in credit administration. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role.
✨Tip Number 2
Familiarise yourself with the latest regulations and compliance requirements in credit administration. This knowledge will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Consider reaching out to current or former employees of the company to gain insights into their work culture and expectations for the Credit Administration Manager role. This can help you tailor your approach during interviews.
✨Tip Number 4
Prepare to discuss specific examples from your past experience that showcase your ability to manage credit administration processes effectively. Highlight any improvements you've implemented or challenges you've overcome in previous roles.
We think you need these skills to ace Credit Administration Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in credit administration, particularly with local banks and Buy to Let products. Use specific examples to demonstrate your skills and achievements.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities of the Credit Administration Manager role. Explain how your background aligns with the requirements and express your enthusiasm for the position.
Highlight Relevant Skills: In your application, emphasise your understanding of documentation, security perfection, and regulatory requirements. Mention any experience you have with process and technology solutions for risk mitigation.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the banking sector.
How to prepare for a job interview at LJ Recruitment
✨Showcase Your Experience
Make sure to highlight your 5+ years of experience in credit administration, especially with local banks. Be prepared to discuss specific examples of how you've managed credit processes and adhered to policies.
✨Understand the Role's Requirements
Familiarise yourself with the key responsibilities of a Credit Administration Manager. Be ready to explain how you would handle the entire credit administration cycle, from pre-facility granting to post-completion follow-up.
✨Demonstrate Process Improvement Skills
Prepare to discuss any past experiences where you've contributed to process improvements. This could include implementing new technology solutions or enhancing risk mitigation strategies.
✨Be Ready to Coach and Mentor
As a manager, you'll be expected to coach junior staff. Think of examples where you've successfully mentored others and how you can bring that experience to the team.