At a Glance
- Tasks: Manage loan accounts and process transactions in a dynamic banking environment.
- Company: Established financial institution with a collaborative team culture.
- Benefits: Competitive salary, exposure to corporate lending, and career development opportunities.
- Other info: Ideal for those looking to grow in Credit Administration.
- Why this job: Join a stable team and enhance your banking operations knowledge.
- Qualifications: UK banking experience and strong organisational skills required.
The predicted salary is between 29000 - 29000 £ per year.
An excellent opportunity has arisen for an experienced banking professional to join a well-established financial institution as a Senior Associate within the Credit Administration team. This role is ideal for someone with UK banking experience and a strong understanding of loan administration, syndicated lending, credit operations, and banking back-office processes.
Key Responsibilities
- Manage and maintain a portfolio of bilateral and syndicated loan accounts.
- Process loan drawdowns, rollovers, interest servicing, repayments, and related transactions.
- Maintain accurate loan account records and process transactions through core banking systems.
- Prepare regular reports, returns, and management information.
- Liaise with participating banks, agents, branches, and internal departments regarding loan administration matters.
- Monitor and diarise interest and instalment payments, ensuring timely follow-up and reminders.
- Support reconciliation activities and coordinate with finance and treasury teams regarding cash flows and account balances.
- Maintain loan documentation, commission registers, and records in line with internal policies.
- Assist with bank guarantee administration and related operational activities.
- Prepare regulatory and Head Office reporting as required.
- Provide support and cover for colleagues within the Credit Administration function when necessary.
Requirements
- Previous UK banking experience is essential.
- Knowledge of bilateral loans, syndicated lending, loan servicing, and banking operations.
- Experience working within Credit Administration, Loan Operations, Corporate Banking Operations, or a similar banking function.
- Familiarity with core banking systems such as Finacle would be advantageous.
- Strong Microsoft Office skills, particularly Excel and Word.
- Excellent attention to detail and organisational skills.
- Strong communication and stakeholder management abilities.
- Ability to work effectively with multiple departments and external banking counterparties.
What's on Offer?
- Salary of £29,000 per annum.
- Opportunity to join an established banking environment.
- Exposure to corporate lending, syndicated loans, and credit administration activities.
- Stable, collaborative team environment with opportunities to broaden banking operations knowledge.
If you have experience within UK banking operations and are looking to develop your career within Credit Administration, we'd love to hear from you.
Credit Administrator employer: LJ Recruitment Limited
As a Registered Manager at our children's residential home in Walsall, you will be part of a supportive and nurturing work culture that prioritises the well-being and development of both staff and children. We offer competitive salaries, including a generous welcome bonus, along with ample opportunities for professional growth and training to enhance your skills in this rewarding field. Join us in making a meaningful impact in the lives of young people while enjoying a fulfilling career in a vibrant community.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Administrator
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LJ Recruitment Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Credit Administrator
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LJ Recruitment Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LJ Recruitment Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LJ Recruitment Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LJ Recruitment Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LJ Recruitment Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LJ Recruitment Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
