At a Glance
- Tasks: Support complex international banking operations and ensure smooth client onboarding.
- Company: Reputable financial services organisation known for expert solutions in Corporate Finance.
- Benefits: Competitive salary, performance bonus, and a permanent role in a collaborative team.
- Other info: Opportunities for career growth in a dynamic and professional environment.
- Why this job: Join a thriving team and make an impact in the fast-paced financial services industry.
- Qualifications: Experience in derivatives operations and strong knowledge of KYC and loan documentation.
The predicted salary is between 56000 - 61000 £ per year.
The Derivatives Operations Specialist will serve as a key liaison between the bank’s front office desks worldwide, collaborating cross‑functionally to support the execution of complex international banking operations. The role ensures compliance with regulatory standards and internal policies while facilitating smooth onboarding and financing processes for corporate clients.
The Operations Specialist will manage the customer onboarding process and renewals, validate documentation and corporate capacity, liaise with back offices to ensure adherence to requirements, ensuring timely and accurate setup. Responsibilities include:
- Coordinating onboarding of operations across multiple business areas (Corporate, Project, Asset, and Structured Trade Finance) and coordinating with multiple stakeholders in the branch and in the office, ensuring timely execution.
- Monitoring signing timelines and funding requirements for complex transactions.
- Handling queries from internal stakeholders and external service providers regarding deal status and system processes.
- Assisting customers with requests related to their products with the branch (current accounts, online banking, bilateral lending).
- Maintaining accurate and up‑to‑date records and documentation in internal systems.
- Preparing documentation for auditors and internal/external inspections.
- Contributing to projects and implementation of new processes.
- Taking ownership of existing rules and procedures, supporting their continuous improvement.
- Assisting on various requests reaching the department.
Profile:
- Previously held an Operations role supporting core Derivatives product range.
- Strong knowledge of onboarding frameworks – KYC, adhering to SLA, loan documentation requirements.
- Strong knowledge of interbank payment systems.
- Advanced knowledge of Corporate Finance in wholesale banking.
- Familiarity with structured finance and corporate lending processes.
- Previous experience in Operational Resilience and Third Party Risk Management will be appreciated.
Job Offer:
- A competitive salary, fixed element ranging from £56k – 61k per annum.
- An additional performance bonus.
- A permanent role within a respected organisation in the financial services industry.
- City of London location.
- Opportunities to work within a collaborative and professional team environment.
Take the next step in your career as an Operations Specialist and apply today to join a thriving team in the financial services industry.
Desired Skills and Experience:
I am looking for an experienced derivatives operations professional with a strong grounding in banking and financial services, ideally with prior exposure to client onboarding, KYC, and complex transaction support across the derivatives product range. A solid understanding of operational processes, compliance requirements, and interbank/payment systems is key, alongside the ability to manage multiple stakeholders and timelines effectively. Candidates should be highly detail‑oriented, organised and confident working in a fast‑paced, cross‑functional environment supporting Front Office. Strong communication skills and a proactive, solutions‑focused mindset are essential, as the role involves both day‑to‑day execution and contributing to ongoing process improvement.
Credit & Loan Operations Specialist employer: Michael Page
As a leading banking and financial services organisation, we pride ourselves on fostering a collaborative and professional work environment in the heart of the City of London. Our commitment to employee growth is reflected in our competitive salary packages, performance bonuses, and opportunities for continuous improvement within a dynamic team. Join us to be part of a reputable institution that values compliance, innovation, and the development of expert solutions in Corporate Finance.
StudySmarter Expert Advice🤫
We think this is how you could land Credit & Loan Operations Specialist
✨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 Michael Page. 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 & Loan Operations Specialist
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 Michael Page.
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 Michael Page'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 Michael Page
✨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 Michael Page.
✨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 Michael Page 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 Michael Page 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.
