At a Glance
- Tasks: Support daily loan operations and trade finance processing in a dynamic banking environment.
- Company: Join a leading bank with a focus on innovation and teamwork.
- Benefits: Competitive salary, career development opportunities, and a supportive work culture.
- Other info: Collaborate with diverse teams and enhance your professional skills in a fast-paced environment.
- Why this job: Make an impact in the banking sector while gaining valuable experience in finance.
- Qualifications: Experience in loan operations and strong communication skills are essential.
The predicted salary is between 35000 - 45000 £ per year.
We are hiring a Loan Operations & Trade Finance Settlements Analyst to support daily loan operations, settlements, trade finance processing and branch operations within a regulated banking environment.
This role suits someone with strong hands-on experience in bilateral and syndicated loan operations, including drawdowns, rollovers, repayments, fees, reconciliations and settlement processing.
- Support daily loan administration, including loan portfolio reporting, diary monitoring and past-due reporting.
- Monitor outstanding and undrawn facility positions, commitment fees, utilisation fees and customer fee reports.
- Support settlement operations, including payment tracking, reconciliation, charges and GL entries.
- Prepare facility reports, customer outstanding reports and transaction records for new drawdowns.
- Maintain accurate transaction files, correspondence records, SWIFT messages and audit trails.
- Support trade finance processing across products such as:
- Letters of Credit
- Inward bills collection
- Import/export invoice financing
- Bank guarantees
- Bank-to-bank reimbursement claims
Liaise with internal teams including Trade Finance, Loan Operations, Global Markets, Finance, Corporate Banking, Risk and Compliance. Liaise externally with customers, correspondent banks and outsourced processing teams. Assist with process documentation, training and continuous improvement.
Good understanding of banking products, ideally including trade finance.
- Experience with loan operations systems, SWIFT, payment processing, reconciliations or core banking systems.
- Good understanding of operational risk, controls and regulatory expectations.
- Comfortable with manual reporting, spreadsheets, transaction logs and document filing.
- Strong communication skills and ability to work with internal stakeholders, customers and correspondent banks.
- Nostro reconciliation.
- Trade finance operations.
- Branch banking / international bank operations.
Loan Operations & Trade Finance Settlements Analyst in City of London employer: Rothstein Recruitment
Contact Detail:
Rothstein Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Operations & Trade Finance Settlements Analyst in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and finance sector. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for those interviews! Research the company and the role thoroughly. We want you to be able to discuss how your experience with loan operations and trade finance can add value. Practice common interview questions and have some examples ready to showcase your skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We recommend mentioning something specific from the interview to make it personal.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you. Make sure your application stands out by tailoring it to the job description, highlighting your hands-on experience in loan operations and trade finance.
We think you need these skills to ace Loan Operations & Trade Finance Settlements Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your hands-on experience in loan operations and trade finance. Use keywords from the job description to show we’re on the same page about what you bring to the table.
Showcase Relevant Experience: When writing your cover letter, focus on specific examples of your work with bilateral and syndicated loans. We want to see how you've handled drawdowns, repayments, and reconciliations in your previous roles.
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your skills and experiences shine through without unnecessary fluff.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Rothstein Recruitment
✨Know Your Loan Operations Inside Out
Make sure you brush up on your knowledge of bilateral and syndicated loan operations. Be ready to discuss drawdowns, rollovers, repayments, and reconciliations in detail. This will show that you’re not just familiar with the terms but can also apply them practically.
✨Familiarise Yourself with Trade Finance Products
Since the role involves trade finance processing, it’s crucial to understand products like Letters of Credit and bank guarantees. Prepare examples of how you’ve dealt with these in past roles or how you would approach them in this position.
✨Highlight Your Communication Skills
You’ll be liaising with various teams and external parties, so demonstrate your strong communication skills. Think of specific instances where you successfully collaborated with others or resolved issues through effective communication.
✨Showcase Your Attention to Detail
Given the importance of maintaining accurate transaction files and audit trails, be prepared to discuss how you ensure accuracy in your work. Share examples of how you’ve managed documentation and reporting in previous roles to highlight your meticulous nature.