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Loan Administration Officer

Posted a month ago

  • London, Greater London
  • Any
  • External
  • Expired - 2 months ago
Prestigious International Bank based in the City of London, are looking to recruit a Loans Administrator to join their expanding Loans team.
The Ideal candidates must have at least 5 years Loans Admin experience, within UK Banking.
JOB Brief
To assist with the day-to-day administration of lending, current account, deposit and corporate FX business for bilateral customers and the administration of syndicated and bilateral loan facilities to UK and overseas corporate customers originating from the Global Banking Unit Departments.
KEY RESPONSIBILITIES
Perform a pre-signing review of draft Loan Facility documentation from an operational perspective and highlight any challenging or unique clauses to the Loan Administration Departments Head of Department, Manager or Assistant Manager.
Proactively attend to the department’s duties in the collation, reviewing, monitoring, registering, and filing of loan and other important documentation during the course of business as is related to the Loans Administration Department’s assigned duties.
Coordinate and assist in the completion of the ongoing monitoring and updates to financial and other documentation/information which is required under the terms of the relevant facility.
Coordinate and assist in the completion of the day-to-day system registration and administration of facilities
Collate and prepare for circulation relevant information which contributes towards the Department’s monthly reporting function.
A minimum of 5 years relevant banking experience is required.
Previous experience in analysing Bilateral and Syndicated Loan Agreements and related documentation.
Knowledge and experience of LoanIQ is desired due to ongoing system migration project.
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