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Loans Administration Officer

  • Location

    City of London

  • Sector:

    Operations & Middle Office

  • Job type:

    Permanent

  • Salary:

    £45000 - £55000 per annum

  • Contact:

    Scott Duerden

  • Job ref:

    SDLAODN01_1662107261

  • Published:

    26 days ago

  • Startdate:

    ASAP

City based International Bank, are looking to recruit a Loans Administration Officer to work as part of their customer support team in London. Hybrid working on offer!

The ideal candidate would have at least 4 years loans administration experience with the ability to:

  • Handle rollovers/rate fixings, repayments, prepayments for agency, bilateral and syndicated loan facilities.
  • Administer the transfer of loans on the secondary market
  • Handle customer queries on all administration matters
  • Input data into the bank's computer systems
  • Authorise customer payments and monitor receipt of funds
  • Claim fees and commissions from customers
  • Reconcile internal suspense accounts
  • Prepare reports for management
  • Settle legal fees
  • Provide cover in the absence of other members of the department
  • Liaise with clients and account officers.
  • Arrange fixed deposits and FX transactions on behalf of customers
  • Prepare client audit requests.

The following skills would also be of benefit but are not essential:

  • Experience of IBIS or a similar banking system
  • Experience of administration as agent for RBL facilities and multipurpose RCF.
  • Experience of shipping industry loans
  • Trade finance knowledge

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