At a Glance
- Tasks: Support loan administration by processing transactions and liaising with stakeholders.
- Company: Join a leading financial institution with a focus on teamwork and innovation.
- Benefits: Full-time permanent role with competitive salary and career development opportunities.
- Other info: Dynamic work environment with opportunities for growth and learning.
- Why this job: Gain hands-on experience in finance while making a real impact in loan management.
- Qualifications: Strong analytical skills and attention to detail are essential.
The predicted salary is between 22050 - 26950 £ per year.
Operations Services department provides processing support for the front line business units handling trade finance, loan and cash management products while operating as a 1LoD processing function. As a Junior Assistant - Loan Administration, you 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 relevant stakeholders. This is a full time permanent position.
Key responsibilities:
- Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
- Prepare business requests and perform system upgrade testing
- Calculate, process and reconcile commitment/utilisation fees and charges
- Actively follow up with agents/customers on missing payments
- Liaise with Financial Markets department regarding funding requirements and communicate fund movements promptly to the Clearing and Payments department
- Liaise with agents and advise relationship managers on any system issues affecting their respective facilities
- Process and accurately book all core loan transactions, including drawdowns, rollovers, repayments and rate fixings for agency, syndication, and bilateral facilities
- Process fund receipts and payments using GUPP, SWIFTMS and WB...
Junior Assistant - Loan Administration employer: Bank of China (UK) Limited
As a Junior Assistant in Cash Management at our London Branch, you will join a dynamic Operations Services team that prioritises employee growth and inclusivity. We offer a supportive work culture where your contributions are valued, alongside opportunities for professional development in the Financial Services industry. Enjoy the benefits of working in a diverse environment that encourages collaboration and innovation, making it an excellent place to build your career.
Contact Details:
Bank of China (UK) Limited Recruitment Team
