Banking Administrator

  • Location

    West End, London

  • Sector:

    Operations & Middle Office

  • Job type:


  • Salary:

    £25000 - £28000 per annum

  • Contact:

    Scott Duerden

  • Contact email:


  • Job ref:


  • Published:

    over 1 year ago

Prestigious International Bank based in the West End of London, are looking to hire a Banking Administrator to join their Wholesale Banking department.

Main responsibilities will include;

  • Complete new client on boarding process for Wholesale Banking Clients (Corporates / Institutional clients - FIs / NBFIs) and manage ongoing reviews of existing WB client base
  • Respond and action retail queries from client base (account statements/payment requests/audit requests/cheque verification/deposit placing)
  • Wholesale Banking reconciliation for accounting in MARS in close coordination with both Trade Finance and Corporate Banking
  • Arrange and oversee execution of RMA keys
  • Conduct background checks as outlined from time to time by the relevant regulatory framework and relevant policies with limited support from dedicated relationship manager
  • Handle compliance queries on both client transactions and client relationships
  • Ensure internal performance standards from various departments, including (but not limited to) OPS, Compliance and Credit Administration

To be considered for this position, ideal candidates must have the following experience and skills;

  • 24 months experience within Banking Industry
  • Strong knowledge of client on boarding / KYC and Due Diligence processes including RMAs
  • Must have knowledge of SWIFT message types
  • Experience of dealing with external counterparties
  • Proficient in Excel (Advanced Level Desirable)
  • Must have good understanding of back-office Banking Operations Note
  • Experience within a loans administration department is a plus
  • Experience with trade finance operations is a plus
  • Working knowledge of FX, BACS, Faster Payments and Euro Clearing
  • Experience within a Remittance Department

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