£38K/yr to £50K/yr
London, England
Permanent, Variable

Senior Loans Administrator

Posted by LMA.

  • Location: City of London
  • Salary: competitive
  • Hybrid working

Key responsibilities

  • Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank's retention policy
  • Assist supervisor to prepare business requests and perform system upgrade testing
  • Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
  • Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
  • Liaise with agents and advise the Bank's relationship managers on any system issues affecting their respective facilities
  • Process drawdown, rollovers, repayments and rate fixing for agency, bilateral and syndication loan business
  • Process fund receipts and payments using GUPP, SWIFTMS and WBIFN systems
  • Reconcile and process commitment/utilisation fees and charges as well as chase missing payments from agents/customers
  • Reconcile journal entries for transactions balancing under the Bank's system
  • Review and analyse legal and loan documents and approvals for new and existing agency, syndication and bilateral facilities
  • Create and submit business requests relating to changes or improvements to the systems
  • Evaluate system and limits issues and assist relationship managers to resolve them

Requirements

  • Degree educated in Business, Finance, Accounting or other equivalent
  • Experience within the Financial Services industry and proven track record in similar business stream
  • Knowledge of syndicated loan and bilateral products
  • Team player
  • Excellent written and verbal communication skills
  • Good MS Excel skills
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