At a Glance
- Tasks: Manage loans, bank guarantees, and ensure smooth credit operations.
- Company: Join a dynamic team in the heart of London.
- Benefits: Competitive salary, career growth, and a supportive work environment.
- Other info: Opportunity to work with leading financial institutions and enhance your career.
- Why this job: Make an impact in financial services while developing your skills.
- Qualifications: Experience in credit administration and strong analytical skills required.
The predicted salary is between 45000 - 55000 £ per year.
Location: London
Type: Permanent
About the Role
We are seeking a highly motivated and detail-oriented Assistant Manager - Credit Administration to join our London-based team. This permanent role will be responsible for managing loans and advances, bank guarantees, and portfolio maintenance for bilateral credit and syndication loan accounts. The ideal candidate will bring a strong understanding of credit operations and financial analysis to support accurate reporting, client servicing, and departmental efficiency.
Key Responsibilities
- Manage bilateral credit/syndication loans and bank guarantees, including drawdowns, rollovers, interest servicing, repayments, renewals, and issuance.
- Handle back-office tasks for loan accounts, including file maintenance, transaction verification and authorisation (Finacle), and internal correspondence.
- Maintain daily currency-wise cash flow coordination with Treasury.
- Liaise with back offices of agent and participating banks/branches.
- Conduct periodic review/renewal of credit facilities.
- Monitor covenants, collateral, and insurance compliance.
- Prepare and submit reports/returns accurately and on time to relevant authorities.
- Support internal departments to ensure smooth workflow and effective issue resolution.
- Maintain high levels of customer satisfaction and provide coverage for other supervisory staff during absences.
Candidate Requirements
- Proven experience in credit administration, loans & advances, and bank guarantees.
- Sound knowledge of financial statement analysis and loan portfolio management.
- Proficient in Finacle, MS Word, Excel; working knowledge of Bloomberg/Reuters preferred.
- Strong communication and problem-solving skills.
- Ability to work effectively under pressure and meet tight deadlines.
- Calm temperament and professional demeanour.
Reporting Line
This role reports directly to the Head of Credit Administration.
Assistant Manager - Credit Administration. Job in London LilyLifestyle Jobs employer: United Cerebral Palsy of Georgia
Join our dynamic London team as an Assistant Manager - Credit Administration, where we prioritise employee growth and development in a supportive work culture. We offer competitive benefits, including opportunities for professional advancement and a collaborative environment that values your contributions to our credit operations. Experience the unique advantage of working in one of the world's financial hubs, where your expertise will directly impact client satisfaction and departmental success.
Contact Details:
United Cerebral Palsy of Georgia Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Manager - Credit Administration. Job in London LilyLifestyle Jobs
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and credit sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of credit operations and financial analysis. Be ready to discuss your experience with loans and bank guarantees. Practise common interview questions and think of examples that showcase your skills.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way in making you memorable. Mention something specific from your conversation to show your genuine interest in the role and the company.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace Assistant Manager - Credit Administration. Job in London LilyLifestyle Jobs
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in credit administration and financial analysis. 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 passionate about this role and how your background makes you the perfect fit. Keep it concise but impactful – we love a good story!
Showcase Your Skills:Don’t forget to mention your proficiency in Finacle and MS Office. If you’ve got experience with Bloomberg or Reuters, throw that in too! We’re looking for candidates who can hit the ground running.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at United Cerebral Palsy of Georgia
✨Know Your Credit Operations
Make sure you brush up on your understanding of credit operations and financial analysis. Be ready to discuss your experience with managing loans, bank guarantees, and how you've handled portfolio maintenance in the past. This will show that you’re not just familiar with the terms but can apply them effectively.
✨Master the Tools of the Trade
Familiarise yourself with Finacle, MS Word, and Excel before the interview. If you have experience with Bloomberg or Reuters, be prepared to talk about it. Demonstrating your proficiency with these tools will give you an edge and show that you can hit the ground running.
✨Prepare for Scenario Questions
Expect questions that ask you to solve problems or handle specific scenarios related to credit administration. Think of examples from your previous roles where you successfully managed a challenging situation, like a loan rollover or compliance issue. This will highlight your problem-solving skills and calm temperament under pressure.
✨Showcase Your Communication Skills
Since this role involves liaising with various banks and internal departments, be ready to demonstrate your strong communication skills. Practice articulating your thoughts clearly and concisely, and think of instances where effective communication led to successful outcomes in your previous jobs.
