Lending & Security Officer - Mortgages
Posted 2 weeks ago by MW Recruitment Limited
Negotiable
Undetermined
Undetermined
London Area, United Kingdom
Summary: The Lending and Securities Officer role at a prestigious banking institution is crucial for supporting the Lending & Securities leadership team. This position focuses on ensuring the efficient and accurate handling of lending processes, including documentation and servicing. The officer will also assist in maintaining legal documentation and support various bank projects as needed. Technical knowledge in lending and compliance with regulations is essential for success in this role.
Key Responsibilities:
- Ensure lending and security documentation is efficiently and accurately prepared in a timely manner.
- Assist in the maintenance of legal documentation to comply with legislation and protect the bank.
- Prepare and issue documentation for security releases, transfers, consents to lease, and guarantee renewals.
- Complete lending back-office tasks related to pre- and post-drawdown formalities.
- Provide support for bank projects when required.
Key Skills:
- Technical knowledge in lending, loan security, and bespoke non-standard security documentation.
- Understanding of regulated mortgage contracts and the Consumer Credit Act.
- Knowledge of end-to-end lending processes and associated risks.
- Experience with a variety of retail banking products.
- CeMap qualification is an advantage.
Salary (Rate): undetermined
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Finance
A prestigious banking institution wish to hire a Lending and Securities Officer, this role is key in supporting the Lending & Securities leadership team, to ensure all aspects of the bank’s lending, both post-completion servicing and loan/security documentation, are handled efficiently, accurately, and consistently.
Overview
Ensure lending and security documentation is efficiently and accurately prepared in a timely manner before an advance is made available. To assist in the maintenance of legal documentation ensuring they comply with the latest legislation and are maintained to the highest standard in order to protect the bank. Prepare and issue documentation for security releases, transfers, consents to lease, and guarantee renewals in line with procedures and delegated authority. Complete lending back-office tasks related to pre- and post-drawdown formalities, including but not limited to regulated mortgage statements, rate change notifications, and credit searches. Provide support of Bank projects when required.
Experience Required
Technical knowledge in lending, loan security, bespoke non-standard security documentation, regulated mortgage contracts, and the Consumer Credit Act. Technical knowledge of end-to-end lending processes (post approval) to operate within regulation and legislation, as well as awareness of the associated risks of the product. Experience and awareness of a variety of retail banking products CeMap - an advantage