This position is no longer open for applications

Loans Operations Administration

Loans Operations Administration (169220KMC) City of London, England

Salary: GBP55000 - GBP65000 per annum

 

The main duty will be processing of Loan related transactions and amendments as directed.

 

Other duties; 

•          Monitor internal accounting ledgers to identify and clear breaks as required.

•          Prepare Drawdown, Rollover, Fee advices and Audit confirmations for internal and external clients.

•          Input of data into the Banks accounting and funding systems as directed.

•          Preparation of ad hoc internal reports and reconciliations as directed.

•          Preparing swift payments and sending funding instructions to Treasury

•          Undertakes investigations and inspections of data, processes and practice in accordance with established procedure to identify potential or actual compliance issues and raises issues identified with management

•          Provides advisory services to internal clients relating to own practice area, by being focal point of contact, to ensure there is no misalignment between policy and practice

•          Contributes to the development of procedures within own area of specialism to ensure the function best responds to the Bank’s needs.

•          Updates procedures to reflect changes to policies and in current practice.

•          Responsibility for the checking and authorisation of other team members’ work to ensure accuracy in processing/settlement of Bank’s transactions.

 

Experience, Knowledge and Skills required

 

•          Educated to degree level 

•          Fluent English language skills, both verbal and written (Additional relevant languages would be beneficial esp. European languages) 

•          Strong computer skills with emphasis on Excel

•          Experience with SWIFT, Loan IQ, ACBs (ideally all but partial at least)

•          Experience in a relevant Operations department of an international bank

•          Knowledge of Legal documentation

•          Ability to organise and prioritise tasks effectively to meet deadlines

•          Knowledge and understanding of the Bank and its functions

 

The successful candidate will have a minimum of 3 years experience in a financial institution (bank) to include at least 1-2 years experience in the administration and processing of Loans on a corporate / commercial or governmental level. 

 

This is a long term temporary opportunity for immediate start and there is more than one vacancy available so interested applicants please do not hesitate to apply ASAP.

;