Operations Clerk (Credit Administration)
Operations Clerk (Credit Administration)

Operations Clerk (Credit Administration)

Entry level 25000 - 30000 £ / year (est.) Home office (partial)
Centre People

At a Glance

  • Tasks: Process loan transactions and support treasury operations in a dynamic banking environment.
  • Company: A leading foreign bank in London with a focus on teamwork and innovation.
  • Benefits: Negotiable salary, hybrid work options, and opportunities for career growth.
  • Other info: No prior banking experience required; just bring your enthusiasm and willingness to learn!
  • Why this job: Kickstart your banking career while gaining valuable experience in finance operations.
  • Qualifications: 3 A-Levels, 5 GCSEs, and basic Microsoft Office skills preferred.

The predicted salary is between 25000 - 30000 £ per year.

A foreign bank based in London is currently recruiting an Operations Clerk (Credit Administration). In this role, you will be responsible for the timely, accurate and efficient processing of loan transactions, treasury product back‑up support, and branch‑wide operations tasks, including transaction validation, confirmations, reconciliations, reporting, and liaison with internal and external stakeholders.

This is a school leaver (A-Levels) entry level position, with no prior working experience of banking operations, although candidates with some work experience (temporary or permanent), and Microsoft Office skills (Excel, Word, and Outlook email) gained in any industry would be preferred. The successful candidate should be inquisitive, structured, disciplined, and methodical in their approach, with a keen interest to pursue a career in banking, and enjoys working within a team environment.

Eligible Applicants

  • Eligible visa: Permanent residence, Spouse, Partner
  • Not eligible: Student visa, Requiring visa sponsorship, Working holiday, Graduate, Freelance

Job Details

  • Sector: Finance (Banking/Securities/Insurance)
  • Type: Permanent, full‑time
  • Work hours: 9:00-17:00, Monday to Friday
  • Work type: Hybrid work available
  • Visa support: No
  • Salary: Negotiable, depending on experience
  • Start: ASAP
  • Location: London

Main Responsibilities

  • Process loan transactions accurately and on time for London and Amsterdam Corporate Banking, Structured Finance, and Treasury teams
  • Provide back‑up processing for treasury products and branch‑wide expense transactions
  • Work across Operations on UK Bank Holidays as part of a shift rota
  • Validate and authorise approved products including facility set‑up, loan drawdowns, rollovers, fixings, and repayments
  • Liaise with corporate banking, structured finance, treasury, agent banks, customers, and relationship managers on transactions and instructions
  • Manage confirmations and statements, including preparation, distribution, matching, chasing, and query handling
  • Handle investigations, transaction discrepancies, and nostro reconciliation breaks
  • Prepare NOVAS II input forms and loan payment instructions for input and approval
  • Support Payments & Data Entry and Treasury Settlements teams when required
  • Check NOVAS proofs against original OS tickets
  • Monitor and report commitment fees and perform monthly checks on loans and guarantees
  • Prepare and/or distribute internal and external reports
  • Securely file trade‑sensitive data, invoices, and reports in line with data retention and security policies
  • Support internal and external auditors and customer requests as coordinated by management
  • Escalate irregular incidents to the line manager
  • Cross‑train in processing treasury products and branch‑wide expense transactions

Ideal Candidate

  • At least 3 A-Levels and 5 GCSEs
  • Holds temporary or permanent experience in the banking sector (desirable)
  • Ability to analyse information and draw conclusions from data
  • Ability to present conclusions in written reports
  • Flexibility in communication and ability to work with different stakeholders
  • Problem‑solving, patience, persistence, and ability to accommodate differing priorities
  • Structured, disciplined, methodical, and inquisitive approach
  • Microsoft Office skills, especially Excel, Word, and Outlook email
  • Interest in pursuing a career in banking
  • Business level fluency in English

All applicants for the Operations Clerk (Credit Administration) must have the right to work in the country as the Company is not able to offer visa support. We regret that we cannot accept applications from Working holiday visa, Graduate or Student visa holders.

Operations Clerk (Credit Administration) employer: Centre People

As a leading foreign bank located in the heart of London, we pride ourselves on fostering a dynamic and inclusive work culture that encourages growth and collaboration. Our Operations Clerk (Credit Administration) role offers a unique opportunity for school leavers to kickstart their banking careers in a supportive environment, with access to hybrid working options and comprehensive training. We value inquisitive minds and provide ample opportunities for professional development, making us an excellent employer for those looking to make a meaningful impact in the finance sector.
Centre People

Contact Detail:

Centre People Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Operations Clerk (Credit Administration)

✨Tip Number 1

Network like a pro! Reach out to friends, family, or even acquaintances who work in banking. They might know about openings or can refer you directly, which gives you a leg up on the competition.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you answer questions confidently and show that you're genuinely interested in the role.

✨Tip Number 3

Practice common interview questions related to operations and banking. Think about how your skills, like your Microsoft Office proficiency, can benefit the team. We want to hear how you can contribute!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect with us directly.

We think you need these skills to ace Operations Clerk (Credit Administration)

Loan Transaction Processing
Treasury Product Support
Transaction Validation
Reconciliation
Reporting
Stakeholder Liaison
Microsoft Office Skills
Data Analysis
Problem-Solving
Attention to Detail
Methodical Approach
Flexibility in Communication
Teamwork
Inquisitive Nature

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Operations Clerk role. Highlight any relevant skills, especially your Microsoft Office prowess and any experience that shows you're structured and methodical. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your keen interest in banking and how your inquisitive nature makes you a great fit for the role. Let us know why you want to join StudySmarter and what you can bring to the table.

Showcase Your Team Spirit: Since this role involves working closely with various stakeholders, make sure to mention any teamwork experiences you've had. We love candidates who can collaborate effectively, so share examples of how you've worked well in a team environment.

Apply Through Our Website: Don't forget to apply 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 and straightforward – just follow the prompts!

How to prepare for a job interview at Centre People

✨Know Your Role Inside Out

Before the interview, make sure you thoroughly understand the responsibilities of an Operations Clerk in Credit Administration. Familiarise yourself with loan transactions, treasury products, and the importance of accuracy in processing. This will help you answer questions confidently and show your genuine interest in the role.

✨Show Off Your Microsoft Office Skills

Since this position requires proficiency in Excel, Word, and Outlook, be prepared to discuss your experience with these tools. Think of specific examples where you've used them effectively, whether in school projects or previous jobs. If you can, mention any relevant tasks like data analysis or report preparation.

✨Demonstrate Your Team Spirit

This role involves liaising with various stakeholders, so it's crucial to showcase your ability to work well in a team. Share examples from your experiences where you collaborated with others to achieve a common goal. Highlight your communication skills and how you adapt to different personalities.

✨Prepare Questions for Them

Interviews are a two-way street, so come prepared with thoughtful questions about the company culture, team dynamics, and growth opportunities within the banking sector. This not only shows your enthusiasm but also helps you determine if the company is the right fit for you.

Operations Clerk (Credit Administration)
Centre People

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