At a Glance
- Tasks: Support the Head of Bilateral Credit in managing loan syndications and client relationships.
- Company: Dynamic financial institution located in the heart of Central London.
- Benefits: Competitive salary, professional growth opportunities, and a vibrant office environment.
- Why this job: Join a leading team and make an impact in the exciting world of finance.
- Qualifications: Understanding of loan syndication and strong communication skills required.
- Other info: Opportunity for career advancement and diverse interactions within the financial sector.
The predicted salary is between 32000 - 48000 £ per year.
We are seeking an Assistant Manager - Bilateral Credit to join our Wholesale Division on a permanent, fully office-based basis in Central London. This role supports the Head of Bilateral Credit and involves active engagement with the loan syndication market, credit assessment, documentation, relationship management and end-to-end handling of bilateral and syndicated loan transactions.
Job Role
- Understanding of the loan syndication market and its players.
- Scouting the market and generating business leads as per target.
- Assessment of the risks associated with the business leads.
- Compilation of loan proposals and presentation to the credit committee.
- Completion of documentation and associated processes for the loan assets.
- Management of the loan assets of the syndications department.
- Coordination with other members in the department for smooth functioning.
Job Responsibilities
- Maintenance of adequate level of relationship with counterparts in other banks/financial institutions to gather information on the latest trends, best practices and procedures.
- Continuous engagement with market players, understanding the products on offer in the market and developing competitive products for the bank.
- Gathering of business intelligence from the market for possible participation in syndicated loan deals.
- Financial/credit analysis and capturing of relevant risk parameters in the credit proposals for consideration of the credit committees.
- Facilitation of documentation of sanctioned loan facilities including liaising with bank solicitors till execution stage and safe custody of executed documents.
- Exchange on the underlying security and ensuring perfection of the same.
- Providing all necessary documents to the credit administration department for opening of loan accounts and timely updation of information on borrowers.
- Internal housekeeping, facilitation of audit and maintenance of asset quality of the assigned loan portfolio.
- Attending to various audit reports, compilation of compliance remarks and satisfactory closure of the reports.
- Transaction support of corporate finance transactions (syndicated loans, project finance and structured finance).
- Maintaining continuous liaison with the credit administration team regarding all operations and timely monitoring of the individual loan accounts.
- Compilation of various reports as per the requirement and submission of periodic returns as per the stipulated frequency.
- Visiting clients/banks/financial institutions at the pre-sanction stage wherever necessary and arranging periodic meetings for maintenance of existing accounts and securing new business.
- Preparing minutes of the visits and periodic presentation to the appropriate authority for necessary assessment.
- To act as the prime relationship point for clients and various counterparties for problem solving and dissemination of information to various stakeholders.
- Identification of stress in the existing loan assets and suggestion/preparation of roadmap for possible resolution.
- Restructuring/rescheduling/write-off of accounts as per need in agreement with the bank's policy.
- Maintenance of proper diary for periodic review/renewal of accounts as per the extant policy guidelines of the bank.
- In the absence of other personnel, to handle all routine matters in the department for its smooth functioning.
- Attending to any other duties to be assigned by the head, relationship teams or as may be necessary from time to time.
Competency Requirements
- Clear understanding of the loan syndication market and associated terminology.
- Sound knowledge of financial and balance sheet analysis.
- Excellent communication skills, with frequent interaction with customers and other banks/financial institutions.
- Adequate expertise in MS Word, Excel and Access.
- Efficiency in terms of accuracy and turnaround time.
- Superior skill in problem solving and management of work-related stress.
Key Interactions / Networks
- Banks
- Corporates
- Liaison with various industry forums
- Regulatory authorities
- Financial offices
- Other verticals within the bank
Person Specification
- Should be of pleasing temperament, calm, composed and firm but courteous.
- Should be willing to accept lateral placement in any other department/branch in the bank.
Assistant Manager - Bilateral Credit in City of London employer: LJ Recruitment Limited
Contact Detail:
LJ Recruitment Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Manager - Bilateral Credit in City of London
✨Tip Number 1
Network like a pro! Get out there and connect with people in the loan syndication market. Attend industry events, join relevant forums, and don’t be shy about reaching out on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! When you get the chance to chat with potential employers, highlight your understanding of financial analysis and credit assessment. Be ready to discuss how you've tackled challenges in past roles and how you can bring that expertise to their team.
✨Tip Number 3
Prepare for interviews by researching the company and its position in the loan syndication market. Know their products and recent deals. This will not only impress them but also help you ask insightful questions that show you're genuinely interested.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you ace your application and land that Assistant Manager role. Plus, it’s a great way to stay updated on new opportunities in the Wholesale Division.
We think you need these skills to ace Assistant Manager - Bilateral Credit in City of London
Some tips for your application 🫡
Know the Role Inside Out: Before you start writing, make sure you understand the Assistant Manager - Bilateral Credit role thoroughly. Dive into the job description and highlight key responsibilities and skills. This will help us see how your experience aligns with what we're looking for.
Tailor Your Application: Don’t just send a generic CV and cover letter! Tailor your application to reflect your understanding of the loan syndication market and your relevant experience. We love seeing how candidates connect their background to the specific requirements of the role.
Show Off Your Communication Skills: Since this role involves a lot of interaction with clients and other banks, make sure your written application showcases your communication skills. Use clear, concise language and avoid jargon unless it’s relevant. We want to see that you can convey complex ideas simply!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, it shows us you’re genuinely interested in joining our team at StudySmarter!
How to prepare for a job interview at LJ Recruitment Limited
✨Know Your Market
Make sure you brush up on your understanding of the loan syndication market. Familiarise yourself with key players and current trends, as this will show your potential employer that you're proactive and knowledgeable about the industry.
✨Prepare for Financial Analysis Questions
Since the role involves financial and credit analysis, be ready to discuss your experience in this area. Bring examples of past analyses you've conducted and be prepared to explain how you assess risk in loan proposals.
✨Showcase Your Communication Skills
This position requires excellent communication skills, so practice articulating your thoughts clearly. Think of scenarios where you've successfully managed relationships or resolved issues, as these will demonstrate your ability to interact effectively with clients and stakeholders.
✨Demonstrate Problem-Solving Abilities
Be ready to discuss specific challenges you've faced in previous roles and how you approached them. Highlight your problem-solving skills and your ability to remain calm under pressure, as these traits are crucial for managing loan assets and client relationships.