Location: Moorgate, London
Salary: £55,000 - £60,000 per annum
Employment Type: Permanent
Working Pattern: Office-based, 5 days per week
About the Role
We are seeking an experienced CAD Manager to join our Credit function in a senior management capacity. This is a hands-on role responsible for overseeing credit administration processes from initial approval through to post-completion follow-up and ongoing facility servicing.
The successful candidate will play a key role in ensuring that credit administration activities are completed accurately, efficiently and in accordance with internal policies, procedures and applicable regulatory requirements. You will also contribute to risk mitigation, process improvement and the development of less experienced team members.
The role will primarily support a portfolio of lending, including real estate finance, SME working capital facilities, Islamic finance and occasional syndicated lending.
Key Responsibilities
Review post-completion files within agreed timescales, ensuring limits, interest rates, collateral and fees are accurately recorded and maintained.
Follow up on the perfection of security documentation and ensure complete security packages are received and securely maintained.
Oversee key credit administration and management control processes, including:
Credit limit input and updates
Interest rate changes
Bank and trade finance limits
Islamic finance limits
Lien management
Security perfection and registration
Collateral input and maintenance
Limit expiry controls
Insurance checks and updates
Remediation activities
Repayments, discharges and releases
Lease consent requests
Ensure outstanding matters are tracked and followed up within appropriate timescales.
Work closely with external solicitors on security perfection, lease consents, discharges, releases and other legal requirements.
Handle audit requests and provide supporting documentation as required.
Facilitate the empanelment of solicitors and valuers.
Maintain accurate management information and contribute to reporting requirements.
Contribute to property revaluations, including index-linked valuations.
Maintain and update relevant procedures and operational guidelines.
Identify opportunities for process improvement and contribute to the implementation of enhancements.
Participate in Credit Administration projects and user acceptance testing.
Coach and mentor junior and less experienced members of the team.
Work collaboratively with internal teams and external stakeholders to ensure transactions and processes are managed efficiently and within agreed service levels.
About You
You will have substantial experience within credit administration, ideally gained within a UK banking environment, with strong exposure to Buy-to-Let, residential and commercial property lending, SME banking and working capital facilities.
You will bring:
10+ years' experience in credit administration and related processes.
Previous experience of people management or responsibility for supporting and developing team members.
Strong knowledge of credit documentation, security perfection, collateral management and property due diligence.
A strong understanding of risk mitigation and control processes.
Experience working with solicitors, valuers, auditors and multiple internal stakeholders.
Good knowledge of relevant legal, regulatory and documentation requirements.
Experience with Islamic finance, particularly Commodity Murabaha and Diminishing Musharaka, would be advantageous.
An understanding of legal conveyancing would also be desirable.
Strong spreadsheet and database skills, with the ability to analyse and manage complex information.
Key Attributes
We are looking for someone who is:
Highly organised, accurate and detail-oriented.
Proactive and solutions-focused, with a positive can-do attitude.
Comfortable working to tight deadlines and managing competing priorities.
A strong communicator with excellent interpersonal skills.
Confident engaging with colleagues and senior stakeholders across different business areas.
Able to work effectively in a cross-cultural environment.
Flexible and able to adapt to changing priorities.
A collaborative team player who can also work independently.
Committed to maintaining high standards of risk management, governance and operational control.
Why Join?
This is an excellent opportunity for an experienced credit administration professional to take a senior role within a specialist Credit function, with responsibility for critical processes, risk controls, stakeholder management and continuous improvement.
If you have extensive credit administration experience and are looking for a hands-on management role in a London-based banking environment, we would be pleased to hear from you
Salary description
£50000.00 - £60000.00 per year