Loans Operations Administrator Loans Operations Administrator …

LMA
in London, United Kingdom
Contract, Full time
Last application, 21 Jan 21
35-45K
LMA
in London, United Kingdom
Contract, Full time
Last application, 21 Jan 21
35-45K
Posted by:
Kim Carmona • Recruiter
Posted by:
Kim Carmona
Recruiter
Seeking an experienced Loans Administrator to undertake processing and settlement of loan products. This role sits within Operations but will require broad knowledge of Treasury, Loans and Operations.

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 Summit, SAP, SWIFT, Loan IQ, ACBs 

•          Experience in a relevant Operations department

•          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 5 years experience in a financial institution (bank) to include experience in the administration and processing of Loans on a corporate / commercial / governmental level. 

 

This is a year-long FTC for immediate start so interested applicants please do not hesitate to apply ASAP.

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