Loan Administration Associate (12mth FTC)
Loan Administration Associate (12mth FTC)

Loan Administration Associate (12mth FTC)

Full-Time 36000 - 60000 £ / year (est.) No home office possible
British International Investment

At a Glance

  • Tasks: Manage loan administration and support investment operations for impactful projects.
  • Company: Join BII, the UK's leading development finance institution focused on sustainable growth.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional development.
  • Why this job: Make a real difference in global development while growing your career.
  • Qualifications: Experience in loan administration and strong attention to detail required.
  • Other info: Diverse team environment with a commitment to wellbeing and collaboration.

The predicted salary is between 36000 - 60000 £ per year.

About BII

British International Investment (BII) is the UK’s leading development finance institution, wholly owned by the UK Government. Our primary mission is to address global development challenges through strategic investments that promote sustainable and inclusive economic growth. BII focuses on catalysing economic development, creating jobs, and building resilient economies in some of the world's most complex and underserved markets. We invest in businesses and projects that prioritise inclusive development, environmental sustainability, and innovation. Our approach is characterised by rigorous investment standards, high governance principles, and a commitment to delivering measurable development impact. Our team consists of highly skilled and passionate professionals dedicated to making a tangible difference globally. We foster a collaborative and intellectually stimulating work environment that values curiosity, innovation, and professional growth. Our culture balances high performance with a strong emphasis on wellbeing, ensuring our employees can achieve their full potential while contributing to our mission.

BII at a glance:

  • Over 75 years supporting sustainable business growth in developing and emerging markets
  • More than £9.9 billion in net assets
  • 1,600+ businesses invested in
  • 950,000+ workers in the businesses we support
  • 650+ people in our diverse global team

Team and role overview

The Investment Operations team is made up of three groups:

  • Data Management – responsible for ensuring investment related data is appropriate, accurate and consistent. Responsible for implementation and development of the Data Governance Policy.
  • Portfolio Administration – responsible for ensuring all transactions are processed in a timely manner and recorded accurately. Responsible for ensuring BII’s portfolio of investments is monitored for lifecycle events and administered effectively and efficiently.
  • Reconciliations and Reporting – responsible for conducting cash and stock reconciliations, and monitoring receipt and processing reporting due from investee companies, funds and borrowers.

This role will sit within the Portfolio Administration team and focus on BII’s loan and guarantee investments.

Responsibilities

  • Ongoing loan administration
  • Perform administration duties related to initial investment transactions, e.g. bank account set up, call backs to confirm bank details and setting up the instrument
  • Monitor, check and administer ongoing lifecycle events, processing interest and principal repayments, including invoicing
  • Monitor for receipt of periodic reports from investees and produce reporting for Investment Teams on outstanding items. Where necessary, liaise with investees to obtain late reports
  • Work with third party loan administrators in setting rates, interest dates, interest payments and accruals
  • Monitor the team inbox, assisting with ad-hoc queries, analysis and reporting
  • Project support
    • Work with the Loan Administration Team Leader as a Subject Matter Expert on the ‘eFront for Loans’ project
    • Review facility documentation against existing system records to identify and address booking issues
    • Conduct reconciliations to validate that new system functionality delivers expected results

    The candidate

    Essential skills:

    • Previous experience working in a loan administration function
    • Strong knowledge of debt products and their key attributes
    • Organised approach to ensure timely follow up on outstanding issues and identify appropriate action to be taken
    • Attention to detail ensuring a high degree of accuracy for all deliverables
    • Ability to multi-task and balance activities without losing sight of deadlines
    • Previous experience working with loan or portfolio administration systems, ideally eFront
    • Proficient with Microsoft Office tools, particularly Excel
    • Experience working with Debt Domain IMC or IOC qualification

    Candidates should be strongly motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.

    Our cultural values

    We look for team members who aspire, as we do, to work at our best and to be:

    • Impact-led, commercially rigorous
    • Tenacious in the face of challenges
    • Collaborative and caring

    British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

    Please provide a cover letter with your application.

    Loan Administration Associate (12mth FTC) employer: British International Investment

    At British International Investment (BII), we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work environment that champions professional growth and wellbeing. Our commitment to sustainable development and innovation not only drives our mission but also empowers our employees to make a meaningful impact in underserved markets. With a diverse global team and a culture that values collaboration and curiosity, BII provides unique opportunities for career advancement while contributing to transformative economic change.
    British International Investment

    Contact Detail:

    British International Investment Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Loan Administration Associate (12mth FTC)

    ✨Tip Number 1

    Network like a pro! Reach out to current or former employees at BII on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

    ✨Tip Number 2

    Prepare for the interview by understanding BII’s mission and values. Show us how your skills align with their focus on sustainable development and economic growth. We love candidates who are genuinely passionate about making a difference!

    ✨Tip Number 3

    Practice common interview questions related to loan administration. Think about scenarios where you’ve demonstrated attention to detail and problem-solving skills. We want to see how you handle challenges in real-life situations.

    ✨Tip Number 4

    Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows us that you’re enthusiastic about the role and appreciate the opportunity to connect.

    We think you need these skills to ace Loan Administration Associate (12mth FTC)

    Loan Administration
    Knowledge of Debt Products
    Organisational Skills
    Attention to Detail
    Multi-tasking
    Experience with Loan or Portfolio Administration Systems
    Proficiency in Microsoft Excel
    Experience with eFront
    Reconciliation Skills
    Reporting Skills
    Communication Skills
    Problem-Solving Skills
    Commitment to Development Goals

    Some tips for your application 🫡

    Tailor Your Cover Letter: Make sure to customise your cover letter for the Loan Administration Associate role. Highlight your relevant experience in loan administration and how it aligns with BII's mission. We want to see your passion for development finance shine through!

    Showcase Your Skills: In your application, emphasise your strong knowledge of debt products and your attention to detail. Mention any experience you have with loan or portfolio administration systems, especially eFront. This will help us see how you can contribute to our team right away.

    Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where necessary to make it easy for us to read. We appreciate a well-structured application that gets straight to the important bits!

    Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!

    How to prepare for a job interview at British International Investment

    ✨Know Your Loans

    Make sure you brush up on your knowledge of debt products and their key attributes. Understanding the specifics of loan administration will not only help you answer questions confidently but also show that you're genuinely interested in the role.

    ✨Showcase Your Organisational Skills

    Prepare examples that demonstrate your ability to manage multiple tasks and meet deadlines. Think of situations where you had to follow up on outstanding issues or handle complex data, as this aligns perfectly with what the role requires.

    ✨Familiarise Yourself with eFront

    If you have experience with loan or portfolio administration systems, especially eFront, be ready to discuss it. If not, do a bit of research on how it works and its relevance to loan administration. This shows initiative and a willingness to learn.

    ✨Align with BII’s Mission

    BII is all about making a positive impact through development finance. Be prepared to talk about why you’re motivated by their mission and how your values align with theirs. Sharing any relevant experiences in development or social goals can really set you apart.

    Loan Administration Associate (12mth FTC)
    British International Investment

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