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 of £29,000 and opportunities for career development.
- Other info: Stable environment with exposure to diverse banking operations.
- Why this job: Gain valuable experience in credit administration and corporate lending.
- Qualifications: UK banking experience and knowledge of loan operations required.
The predicted salary is between 29000 - 29000 £ per year.
- Senior Associate - Credit Administration
- West London (Fully Office Based) £29,000 per annum
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.
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Credit Administrator employer: Ontapjobsearch
As a Temporary Part-Time Administrator in Gosforth, you will join a supportive and inclusive work environment that values diversity and encourages personal growth. With benefits like weekly pay, generous annual leave, and discounts at high street brands, we prioritise employee well-being and satisfaction. Our commitment to direct employment ensures you are part of a team that fosters collaboration and professional development, making this an excellent opportunity for those seeking meaningful and rewarding work.
