Credit Administrator Specialist

Sabadell Overview

Sabadell is a global financial institution headquartered in Barcelona, Spain and one of Europe’s oldest and most successful banking groups since its founding in 1881. Sabadell covers all areas of the financial business sector under a common denominator: professional performance and quality. In the United States, Sabadell has operated with an International Full Branch since 1993. We offer Corporate Banking services to international companies in the American market, and Private Banking services primarily to Latin American high net worth individuals and families.

Responsibilities

• Ensure adherence to any and all existing regulations on risk and risk transactions regardless of where they are originated.
• Assist the Credit Administration Supervisor in managing the credit documentation process
• Ensure adequacy of credit documentation for each risk asset
• Prepare complete credit documentation for loans approved by the credit committee and/or Head Office
• Send documentation to the customers for execution
• Follow up on reception of executed documentation
• Monitor expiration of credit documents
• Track and administer syndicated credit transactions, maintaining close contact with agent banks
• Assist the Credit Administration Supervisor with risk control and evaluation procedures and systems, including the implementation of any of the bank’s credit-related proprietary systems
• Assist the Credit Administration Supervisor with systems development and information requirements of the credit function
• Assist the Credit Administration Supervisor with monitoring and reporting risk transactions, including preparation on daily, weekly and monthly reporting
• Ensure adherence to all U.S. banking regulations which may apply to risk transactions, their monitoring and control; also, ensure adherence to all Banco de España’s banking regulations and reporting requirements
• Perform the loan administration function, including booking of loans, tracking maturities, overdrafts, payments, amendments etc
• Assist the Credit Administration Supervisor with controlling and monitoring risk concentrations, limits and lines excesses and violations
• Administer, control and monitor of all collateral held for credit facilities
• Ensure collateral has been received, properly documented (pledged) and blocked on the branch’s systems
• Safeguard all documentation required for perfecting the bank’s security interest in the collateral
• Elaborate, control and follow up information to be sent to other internal and external areas of the Branch

Requirements

• An Associate’s degree or a four year degree (B.A, B.S.), or equivalent
• One to two years related experience and/or training; or equivalent combination of education and experience
• Ability to read, analyze, and interpret journals, financial reports, and legal documents
• Ability to respond to common inquiries or complaints from internal customers
• Ability to speak, write and read English and Spanish fluently.

Sabadell is an Equal Employment Opportunity Employer