At a Glance
- Tasks: Manage documentary credits and ensure accurate loan documentation.
- Company: Join a dynamic SME bank with a collaborative team environment.
- Benefits: Flexible hybrid work model and opportunities for professional growth.
- Other info: Work closely with a small team and enjoy a supportive culture.
- Why this job: Be a key player in the credit process and make a real impact.
- Qualifications: 3 years in credit/documentation roles and strong attention to detail.
The predicted salary is between 35000 - 45000 £ per year.
The Credit Administrator will be responsible for handling documentary credits, invoices, and processing post-credit approval. This is a middle-office role, focusing on loan documentation and sanctioning processes. The individual will play a critical role in ensuring accurate documentation, verifying credit facility conditions, and collaborating with relationship managers and the credit team.
Key Responsibilities
- Credit Administration: Handle documentary credits, invoices, and processing post-credit approval.
- Loan Documentation: Prepare, review, and ensure compliance with credit facility agreements.
- Middle Office Function: Serve as an intermediary between credit approval and loan disbursement.
- Legal Understanding: Not legally qualified, but able to answer basic queries on legal terms related to documentation.
- Collaboration: Work closely with relationship managers and the credit team to ensure all conditions and prerequisites are met before handing over to the loans team.
- In-House Documentation: Produce documents specifically for private banking, but always through the relationship management team (not direct client interaction).
- Overlapping Processes: The SME bank environment requires adaptability, as roles and functions may overlap.
- BAU Involvement: Support business-as-usual (BAU) activities in addition to core responsibilities.
Key Requirements
- Experience: Minimum 3 years in a credit/documentation-related role.
- Industry Exposure: Experience in mid-corporate, small corporate, or private banking (not retail banking).
- Hands-On Approach: Must have directly prepared and handled documentation, not just reviewed or worked in a shared-documentation team.
- Loan Volume & Values: Experience handling loans between £1 million and £2 million.
- Credit Analyst Knowledge: Can be considered but not the main focus (the role is documentation-focused).
- Proactive Mindset: Able to hit the ground running and work in a small SME bank environment.
- Attention to Detail: Strong ability to check documentation against credit facility terms and ensure accuracy.
Process Flow
- Credit Approval Received
- Documentation Team Prepares Required Documents
- Verification Against Credit Facility Conditions
- Handover to Loans Team for Disbursement
Work Environment & Schedule
- Flexible Hybrid Model: 4 days on-site, 1 day remote (negotiable). Minimum 3 days in the office required.
- Team Setup: Working within a team of 3, reporting to the COO.
- Client Interaction: Limited to collaboration with relationship managers and the credit team (no direct client contact).
Credit Admin in London employer: LMA Recruitment
Join a dynamic and innovative team in the heart of London, where your expertise as a Portfolio Manager will be valued and nurtured. We offer a hybrid working model that promotes work-life balance, alongside competitive salary packages and opportunities for professional growth within the specialist property finance sector. Our collaborative culture encourages relationship-building with brokers and clients, ensuring you thrive in a fast-paced environment while making a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Admin in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LMA Recruitment. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Admin in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LMA Recruitment.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LMA Recruitment's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LMA Recruitment
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LMA Recruitment.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LMA Recruitment will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LMA Recruitment employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
