Associate, Loan Market Operations (9-12 months maternity cover)

About us

Institutional Banking and Markets (IB&M) is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional and risk management products and services.

Our purpose is to build Australia’s future economy. IB&M also performs an important internal role for the Group by providing global markets, trade finance, corporate and institutional lending to other CBA business units that allows them to capture opportunities with business and retail customers.

Market Operations is a Global team of 400 Operations Professionals who support our Financial Markets, CommSec, Trade Finance & Treasury businesses globally. Functions performed are trade confirmation, settlement, reconciliation, and client data capture/maintenance, corporate actions across FX, Fixed Income, Rates, Commodities, Derivatives and Equities.

Market Operations also provides Middle and Back Office services including Collateral Management, Regulatory Reporting, Client Reference Data maintenance, Client Onboarding, KYC Refresh, Account Origination, Client Case Management, Estate Management, International Loan Administration & Operations, Trade Support and Confirmation services.

Picture yourself in the team

The team administers the Commonwealth Bank’s UK and European portfolio of institutional lending facilities. Core responsibilities include processing drawdowns, rollovers and repayments in product systems and managing lending fees.

The London Loan Market Operations team currently consists of 6 staff reporting to the Senior Manager of Loan Market Operations Western Hemisphere. This role is a 9-12 months fixed term contract (maternity cover).

Do work that matters

In this role you will quickly become an integral part of the team for processing BAU transactions and escalation of complex and non-standard operational issues, risks and improvements. You will maintain and build productive relationships with a large number of business units within the Group.

This role offers a genuine opportunity to learn and grow within the organisation.

Your main responsibilities will include but are not limited to:

• Administer UK/Europe loan portfolios including Syndicated and bilateral facilities;
• Process drawdowns, rollovers, conversions and repayments, SBLCs, etc.;
• Process and reconcile all fees and interests receipts;
• Send fee billing and loan confirmation to bilateral clients;
• Liaise with UK and European Treasury and back office on lending activity;
• Liaise with third parties such as Agent Banks, Clients and internal stakeholders;
• Maintain data integrity in the Bank’s systems, closely monitor credit limits, exposures and loan data;
• Maintain client’s file accurately and ensure to include all necessary documents and archive as needed.

We are interested in hearing from you if you have

• Minimum of 2-5 years in corporate loan administration (e.g. syndicated loans, letters of credit) and knowledge of Loan IQ (system) is strongly preferred;
• Client service focused/oriented, commercially minded and very well organised;
• Ability to identify operational discrepancies and escalate according to procedure;
• High attention to detail, and good problem-solving skills;
• A team player always willing to collaborate and step in when called upon and also the ability to work independently;
• Awareness of the importance of risk and control in an operations environment and adherence to various bank policies, controls, procedures and frameworks;
• Bachelor Degree in Business Administration or related discipline is preferred but not required.

In order to be considered and due to the high volume of applications, please indicate your salary expectations and notice period on the application form.

If you\’re already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you\’ll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 17/09/2025