Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Administer loans, support banking departments, and ensure compliance with agreements.
- Company: Join an international bank in the heart of London, thriving in the financial sector.
- Benefits: Enjoy hybrid working options and a dynamic work environment.
- Why this job: Be part of a global team, enhance your skills, and make a real impact in finance.
- Qualifications: Fluent Mandarin speaker with a degree in Business or Finance; experience in financial services preferred.
- Other info: Only successful candidates will be contacted; apply now to kickstart your career!
The predicted salary is between 36000 - 60000 £ per year.
International Bank based in the City of London, are looking to bring onboard a Loans Administration Associate. Permanent position with hybrid working.
To be considered for this position, candidates MUST speak fluent Mandarin. The incumbent 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 stakeholders.
Key responsibilities will include:
- Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
- Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank’s retention policy
- Assist supervisor to prepare business requests and perform system upgrade testing
- Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
- Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
- Liaise with agents and advise the Bank’s relationship managers on any system issues affecting their respective facilities
- Process drawdown, rollovers, repayments and rate fixing for agency, bilateral and syndication loan business
- Process fund receipts and payments
- Reconcile and process commitment/utilisation fees and charges as well as chase missing payments from agents/customers
- Reconcile journal entries for transactions balancing under the Bank’s system
- Review and analyse legal and loan documents and approvals for new and existing agency, syndication and bilateral facilities
- Create and submit business requests relating to changes or improvements to the systems
- Evaluate system and limits issues and assist relationship managers to resolve them
To be considered for this position, ideal candidates must have the following experience and skills:
- Degree educated in Business, Finance, Accounting or other equivalent
- Experience within the Financial Services industry and proven track record in similar business stream
- Knowledge of syndicated loan and bilateral products
- Experience in a similar business stream is desirable
- Able to work with highest level of accuracy
- Team player
- Excellent written and verbal communication skills
- Good MS Excel skills
Due to the high volume of CVs that we receive, only successful candidates will be contacted. Thank you for your time and patience.
Legal Associate (Permanent) employer: IPOE Consulting
Contact Detail:
IPOE Consulting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Legal Associate (Permanent)
✨Tip Number 1
Make sure to brush up on your Mandarin language skills, as fluency is a must for this role. Practising with native speakers or engaging in language exchange can help you feel more confident during the interview.
✨Tip Number 2
Familiarise yourself with syndicated and bilateral loans, as well as the specific responsibilities mentioned in the job description. Being able to discuss these topics knowledgeably will demonstrate your understanding of the role.
✨Tip Number 3
Network with professionals in the financial services industry, especially those who work with loans administration. This could provide you with valuable insights and potentially even referrals that could help you land the job.
✨Tip Number 4
Prepare for potential interview questions by thinking about your past experiences related to the key responsibilities listed. Be ready to share specific examples that highlight your skills and how they align with the needs of the position.
We think you need these skills to ace Legal Associate (Permanent)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in the financial services industry, particularly with syndicated and bilateral loans. Use specific examples to demonstrate your skills and achievements.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are a great fit for the Legal Associate position. Emphasise your fluency in Mandarin and your understanding of the responsibilities outlined in the job description.
Highlight Relevant Skills: In your application, clearly outline your proficiency in MS Excel and any experience you have with legal and loan documents. Mention your ability to work accurately and as part of a team.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for this role.
How to prepare for a job interview at IPOE Consulting
✨Brush Up on Financial Terminology
Make sure you're familiar with key terms related to syndicated and bilateral loans. Understanding the jargon will not only help you answer questions more confidently but also demonstrate your knowledge of the industry.
✨Showcase Your Mandarin Skills
Since fluency in Mandarin is a must for this role, be prepared to demonstrate your language skills during the interview. You might be asked to converse in Mandarin or discuss relevant topics, so practice beforehand.
✨Prepare for Scenario-Based Questions
Expect questions that assess how you would handle specific situations related to loan administration. Think about past experiences where you've had to analyse financial data or resolve issues, and be ready to share those examples.
✨Highlight Your Teamwork Experience
This role requires collaboration with various departments. Be ready to discuss instances where you've successfully worked as part of a team, particularly in high-pressure environments, to show that you're a team player.
