At a Glance
- Tasks: Manage daily loans administration and ensure smooth operations for various loan products.
- Company: Join a leading international bank with a strong reputation in Trade Finance.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Work in a collaborative office in London, engaging with diverse stakeholders.
- Why this job: Be part of a team that drives innovation in banking and makes a real impact.
- Qualifications: 5+ years in banking operations with strong analytical and problem-solving skills.
The predicted salary is between 60000 - 75000 £ per year.
THE COMPANY: Our client is an international bank. They are a leading provider of Trade Finance, Corporate & Institutional Banking.
THE RESPONSIBILITIES:
- Full understanding of the daily Loans Administration duties, including drawdowns, rate fixes, rollovers, fees, transfers, cancellation, prepayments, notices and advices in accordance with agreed and documented processes.
- Review facility documentation for operational feasibility, in conjunction with the internal and external stakeholders, covering loan products (including but not limited to): Syndicated Participations (term loans / RCFs / BB Financing), Bilateral uncommitted and committed, Islamic Financing (Murabaha), Master Participation Agreement, Insurance.
- Prepare and/or authorise Sales/Transfers/Participation documentation both funded and unfunded, including the execution and completion of the settlement of the sale.
- Maintenance of sold transactions on a participation basis (pseudo-Agency role).
- Position / create / authorise payments, in relation to Loan Products.
- Record and maintain facilities within the Banks systems, including the authorisation of work processed.
- Record and report non-performing loans.
- Daily / Monthly Nostro Reconciliations are actioned, breaks are resolved or commentary added within documented timeframes.
- Reports – Daily MI / Monthly MI, reconciled Monthly Suspense’s and Quality Assurance of transactions.
- Communicate with and assist internal and external stakeholders.
- Champion continuous improvement developments (lean 6Sigma) including RPAs for the department.
- Lead project work, as and when required.
- Process Audit requests.
- Maintain original documentation register.
EXPERIENCE REQUIRED:
- Must be able to work 5 days a week in the London office.
- Understanding / knowledge of Loan Products, and market standard terms and conditions.
- Knowledge of operational policies and procedures having the ability to analyse problems and provide resolutions.
- Analytical skills having the ability to review figures and identify errors.
- Minimum of 5 years’ experience in banking operations preferably acquired within an international banking environment in a managerial position.
- Commercial banking operations experience with Loan products.
Senior Officer – Loans employer: Saxton Leigh
As an international bank, our client offers a dynamic and inclusive work environment in the heart of London, where employees are encouraged to grow and develop their skills in the fast-paced world of Trade Finance and Corporate Banking. With a strong focus on employee well-being, the bank provides competitive benefits, opportunities for professional advancement, and a culture that champions continuous improvement and innovation. Joining this team means being part of a collaborative atmosphere that values your contributions and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Officer – Loans
✨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 Saxton Leigh. 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 Senior Officer – Loans
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 Saxton Leigh.
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 Saxton Leigh'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 Saxton Leigh
✨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 Saxton Leigh.
✨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 Saxton Leigh 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 Saxton Leigh 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.
