25 Oct
IPOE CONSULTING
City of London
Senior Loan Administration - Bilateral & Syndicated
International Bank based in the City of London, are looking to bring onboard a Senior Loans Administrator. Permanent position with hybrid working.
The incumbent will be responsible for administering the delivery of all functions in respect of syndicated and bilateral loans, providing good operational support and services to Corporate Banking, Financial Institutions and Risk Management departments as well as other stakeholders.
Key responsibilities will include;
- Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
- Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Banks 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 Banks 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
- 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 Banks 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
To be considered for this position, ideal candidates must have the following experience and skills;
- Degree educated in Business, Finance, Accounting or other equivalent
- Experience within the Financial Services industry and proven track record in similar business stream
- Relevant professional qualification
- Knowledge of syndicated loan and bilateral products
- Experience in a similar business stream is desirable
- Able to work with highest level of accuracy
- Team player
- Excellent written and verbal communication skills
- Good MS Excel skills
▶️ Senior Loans Administrator
🖊️ IPOE CONSULTING
📍 City of London