At a Glance
- Tasks: Manage loans, bank guarantees, and ensure smooth credit operations.
- Company: Join a dynamic financial team in London with a focus on growth.
- Benefits: Permanent position with competitive salary and career advancement opportunities.
- Other info: Work in a fast-paced environment with a supportive team culture.
- Why this job: Be part of a crucial role that supports financial success and client satisfaction.
- Qualifications: Experience in credit administration and strong analytical skills required.
The predicted salary is between 45000 - 55000 £ per year.
Location: London
Type: Permanent
About the Role
We are seeking a highly motivated and detail-oriented Assistant Manager - Credit Administration to join our London-based team. This permanent role will be responsible for managing loans and advances, bank guarantees, and portfolio maintenance for bilateral credit and syndication loan accounts. The ideal candidate will bring a strong understanding of credit operations and financial analysis to support accurate reporting, client servicing, and departmental efficiency.
Key Responsibilities
- Manage bilateral credit/syndication loans and bank guarantees, including drawdowns, rollovers, interest servicing, repayments, renewals, and issuance.
- Handle back-office tasks for loan accounts, including file maintenance, transaction verification and authorisation (Finacle), and internal correspondence.
- Maintain daily currency-wise cash flow coordination with Treasury.
- Liaise with back offices of agent and participating banks/branches.
- Conduct periodic review/renewal of credit facilities.
- Monitor covenants, collateral, and insurance compliance.
- Prepare and submit reports/returns accurately and on time to relevant authorities.
- Support internal departments to ensure smooth workflow and effective issue resolution.
- Maintain high levels of customer satisfaction and provide coverage for other supervisory staff during absences.
Candidate Requirements
- Proven experience in credit administration, loans & advances, and bank guarantees.
- Sound knowledge of financial statement analysis and loan portfolio management.
- Proficient in Finacle, MS Word, Excel; working knowledge of Bloomberg/Reuters preferred.
- Strong communication and problem-solving skills.
- Ability to work effectively under pressure and meet tight deadlines.
- Calm temperament and professional demeanour.
Reporting Line
This role reports directly to the Head of Credit Administration.
Credit Administration Manager in West Bromwich employer: LJ Recruitment Limited
Join our dynamic London-based team as an Assistant Manager - Credit Administration, where we prioritise employee growth and a collaborative work culture. We offer competitive benefits, including professional development opportunities and a supportive environment that fosters innovation and efficiency in managing credit operations. Experience the unique advantage of working in one of the world's financial hubs, where your contributions directly impact client satisfaction and departmental success.
