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Loans Administration Officer

  • Location: City of London, London
  • Sector: Banking Operations
  • Salary: Negotiable
  • Job type: Contract/Interim/Temporary
  • Date posted: 25/11/2020
  • Job reference: 168801KMC

An international bank in the city is seeking a Loans Administrator with some exposure in a similar role for a long-term temporary position.

This opportunity will require someone with some experience in loan administration, ideally good knowledge in all reasonable areas of loans administration for corporate banking i.e. Participation & Bilateral transactions, Loans Agency. Swift Payments & Nostro Reconciliations experience is preferred.

However strong candidates from a non-corporate loans background may also be considered at our discretion if they show good skills and competency in Loans Administration and an excellent attitude.

Description of duties:

  • General Loans Administration duties, acting as a participant, including drawdowns, rate fixes, rollovers, fees, transfers, cancellations, prepayments in accordance with agreed & documented workflows;
  • Committed/Uncommitted Bilateral administration including drawdowns, rate fixes, rollovers, fees, transfers, cancellations, prepayments in accordance with agreed & documented workflows;
  • Daily Work coordination, in a paperless environment;
  • Nostro Reconciliations and ongoing queries;
  • Management Reporting and daily validations;
  • Sub-Participation / Risk-participation deal administration;
  • SWIFT payments;
  • Upfront/ Ongoing Fee administration

Competencies and Skills :

Specific Qualifications :

As above. Also, system knowledge of LIQ desirable but not essential, Lotus Notes, SWIFT Alliance, Microsoft Office applications

Desired Personal Characteristics

  • Good team player;
  • Communicate both orally and in written form, at all levels;
  • Demonstrate resilience to ever-changing work volumes and able to cope under pressure;
  • Highly accurate;
  • Ability to work unsupervised;
  • Willing to learn and adapt quickly if missing some of the above experience

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