At a Glance
- Tasks: Manage loan accounts and ensure accurate processing of transactions in a fast-paced environment.
- Company: Dynamic Wholesale Banking team in London with a focus on career development.
- Benefits: Competitive salary, permanent role, and hands-on experience in Credit Administration.
- Other info: Office-based role offering excellent opportunities for growth and collaboration.
- Why this job: Join a vibrant team and gain exposure to diverse stakeholders while developing your skills.
- Qualifications: Experience in loan administration, strong attention to detail, and proficiency in Microsoft Office.
The predicted salary is between 28500 - 28500 £ per year.
We are currently recruiting for a Senior Associate - Credit Administration to join a busy and dynamic Wholesale Banking team in London. This is an excellent opportunity for someone with experience in loan administration and credit operations to develop their career within a structured and fast‑paced environment.
The Role
You will be responsible for the day‑to‑day administration and maintenance of a portfolio of bilateral, syndicated, and retail loan accounts, ensuring accuracy, compliance, and timely processing of all transactions and reporting requirements.
Key Responsibilities
- Manage loan lifecycle activities including drawdowns, rollovers, repayments, and interest servicing
- Maintain and update loan accounts within Finacle, ensuring accurate data and transaction processing
- Perform general account maintenance, including file management, correspondence, and record keeping
- Maintain loan files, working diaries, and registers in line with internal procedures
- Liaise with agent banks, participating banks, and internal departments to ensure smooth processing of transactions
- Coordinate with Accounts for reconciliation of loan accounts
- Monitor and diarise interest and instalment payments, ensuring timely follow‑ups
- Support all activities relating to Bank Guarantees
- Prepare and submit periodic reports and returns to internal stakeholders and regulatory bodies
- Maintain data across internal systems including CRM, eFO, and EDMS
- Respond to internal and external audit queries in a timely and accurate manner
- Provide cover and support to other team members when required
Key Stakeholders
- Corporate Credit, Retail Credit, Operations, Accounts, and Treasury teams
- Agent banks, branches, solicitors, and external vendors
About You
- Working knowledge of loans & advances and bank guarantees
- Experience using Finacle (preferred)
- Proficiency in Microsoft Word and Excel
- Strong attention to detail with excellent organisational skills
- Calm, composed, and professional approach to work
- Strong communication skills with the ability to liaise across multiple teams
What's on Offer
- Salary of £28,500 per annum
- Permanent, full‑time position
- Opportunity to gain hands‑on experience within Credit Administration and Loan Operations
- Exposure to a wide range of internal and external stakeholders
- Office‑based role in London
Senior Credit Admin & Operations Associate – London Office employer: LJ Recruitment
Join our dynamic Wholesale Banking team in London, where we prioritise employee growth and development in a structured, fast-paced environment. As a Senior Credit Admin & Operations Associate, you'll benefit from hands-on experience in loan administration while enjoying a supportive work culture that values collaboration and communication. With competitive salary offerings and the opportunity to engage with a diverse range of stakeholders, this role is perfect for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Admin & Operations Associate – London Office
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking sector, especially those who work in credit administration. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of loan lifecycle activities and compliance regulations. We recommend practising common interview questions related to credit operations to boost your confidence.
✨Tip Number 3
Showcase your skills! When you get the chance to meet potential employers, highlight your experience with Finacle and your attention to detail. Bring examples of how you've successfully managed loan accounts in the past.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Credit Admin & Operations Associate – London Office
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in loan administration and credit operations. We want to see how your skills match the role, so don’t be shy about showcasing relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re excited about the Senior Associate position and how your background makes you a perfect fit for our dynamic Wholesale Banking team.
Showcase Your Attention to Detail:In this role, accuracy is key. When filling out your application, double-check for any typos or errors. We appreciate candidates who take the time to ensure everything is spot on!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our London office!
How to prepare for a job interview at LJ Recruitment
✨Know Your Loans
Make sure you brush up on your knowledge of loans and advances, especially bilateral and syndicated loans. Being able to discuss the loan lifecycle confidently will show that you're not just familiar with the terms but can also apply them in real scenarios.
✨Master Finacle Basics
If you have experience with Finacle, great! If not, take some time to learn the basics. Familiarity with this system can set you apart from other candidates. You might even want to prepare a few examples of how you've used similar systems in the past.
✨Showcase Your Organisational Skills
Since the role requires strong attention to detail and excellent organisational skills, come prepared with examples of how you've managed complex tasks or projects. Highlight any specific tools or methods you use to stay organised, as this will resonate well with the interviewers.
✨Communicate Effectively
This position involves liaising with various stakeholders, so practice articulating your thoughts clearly. Prepare for questions about how you've handled communication across teams in previous roles. A calm and composed approach will demonstrate your professionalism and ability to work under pressure.
