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 in Harrow employer: LJ Recruitment
Join a well-established financial institution in West London as a Senior Associate in Credit Administration, where you will thrive in a stable and collaborative team environment. With a competitive salary of £29,000 per annum, this role offers excellent opportunities for professional growth and exposure to corporate lending and credit operations. Embrace the chance to enhance your banking expertise while working alongside experienced professionals dedicated to fostering a supportive workplace culture.
