At a Glance
- Tasks: Manage and coordinate all aspects of Bilateral Credit/Syndication loans.
- Company: Join a leading financial institution with a strong reputation.
- Benefits: Attractive salary, career development opportunities, and a supportive work environment.
- Why this job: Be at the heart of financial operations and make a real difference.
- Qualifications: Strong organisational skills and attention to detail required.
- Other info: Dynamic team atmosphere with opportunities for growth and learning.
The predicted salary is between 30000 - 40000 £ per year.
Manage Portfolio for all Bilateral Credit/Syndication Loan accounts, including reporting, processing, and agency tasks.
Job Responsibilities
- Manage Bilateral Credit/Syndication loans.
- Coordinate with solicitors for loan documentation.
- Handle drawdowns, rollovers, interest servicing, repayments, and related tasks.
- Perform back-office functions: file maintenance, branch correspondence, Finacle transactions, account updates, and statement preparation.
- Advise Treasury on daily currency-wise cash flows.
- Conduct annual reviews of CRE loans up to £1 million.
- Assist Head of Credit Admin with monitoring the CRE Portfolio, including updates on valuations and review/renewal dates.
Administrator - Account Services in City of London employer: Bank
Contact Detail:
Bank Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Administrator - Account Services in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and loan management sectors. We all know that sometimes it’s not just what you know, but who you know that can help you land that Administrator role.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of bilateral credit and syndication loans. We want you to be able to discuss drawdowns and repayments confidently, showing that you’re the perfect fit for managing those accounts.
✨Tip Number 3
Don’t forget to showcase your organisational skills! When you get the chance to speak with potential employers, highlight your experience with file maintenance and back-office functions. We want them to see how you can keep everything running smoothly.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. We’re always on the lookout for talented individuals who can manage portfolios and assist with monitoring CRE loans, so don’t miss out!
We think you need these skills to ace Administrator - Account Services in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience with managing loans and back-office functions. We want to see how your skills match the job role, so don’t be shy about showcasing relevant tasks you've handled in the past!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the Administrator - Account Services role. Mention specific experiences that relate to managing portfolios and coordinating with solicitors.
Be Clear and Concise: When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, especially when it comes to complex tasks like loan management and reporting.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Bank
✨Know Your Portfolio Inside Out
Make sure you understand the ins and outs of managing Bilateral Credit and Syndication loans. Brush up on key terms and processes like drawdowns, rollovers, and interest servicing. Being able to discuss these confidently will show that you're ready to hit the ground running.
✨Familiarise Yourself with Documentation
Since you'll be coordinating with solicitors for loan documentation, it’s crucial to know what documents are typically involved. Review common legal terms and processes related to loan agreements so you can speak knowledgeably about them during the interview.
✨Showcase Your Back-Office Skills
Highlight your experience with back-office functions such as file maintenance and account updates. Be prepared to discuss specific tools or software you've used, like Finacle, and how they helped streamline your work. This will demonstrate your technical proficiency and attention to detail.
✨Prepare for Cash Flow Discussions
Since advising Treasury on daily currency-wise cash flows is part of the role, brush up on your financial analysis skills. Be ready to discuss how you would approach cash flow management and any relevant experiences you have. This will show your analytical capabilities and understanding of financial operations.