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Loans Administration Officer
- Posted 02 September 2022
- Salary £45000 - £55000 per annum
- LocationCity of London
- Job type Permanent
- Discipline Banking Operations
- ReferenceSDLAODN01_1662107261
- Contact NameScott Duerden
Job description
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