Credit / Loan Administrator

Position: Permanent

Salary: £35000

Location: London

Job ID: JA2110CLA

[vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-user” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619eb5149e4″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-gbp” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef35454666″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-map-marker” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c5ef34854665″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/2″][vc_row_inner][vc_column_inner width=”1/6″][vc_icon icon_fontawesome=”fa fa-hashtag” color=”custom” background_style=”rounded” background_color=”custom” size=”xs” custom_color=”#feea64″ custom_background_color=”#292929″][/vc_column_inner][vc_column_inner width=”5/6″][vc_acf field_group=”1748″ field_from_1748=”field_5c619ef8cc060″ show_label=”yes”][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_separator css=”.vc_custom_1549902118595{padding-top: 20px !important;}”][vc_column_text]Our client, a successful international Bank are looking to recruit a Credit Administrator to join their London based Credit Administration team.

Main Responsibilities of the Credit / Loans Administrator:

  • Loan administration including syndication, bilateral, sub-participation. Undertake accurate processing and post-lending management.
  • Handle Agency cases.
  • Ensure that the minimum requirements for drawdown are achieved prior to disbursement (i.e. facility agreement and term sheets are executed, credit approval is in place, Conditions Precedents are satisfied and utilisation requests are valid).
  • Process Agency and Bilateral loans by creating spreadsheets, word documents and calculating interests and fees manually/on excel.
  • Assist with archiving and housekeeping of facility documentations.
  • Ensure that loan system instructions are sent to back office for further processing before the cut off time.
  • Monitor and escalate late payments to Line Managers and front office. Assist in the resolution of late payments issues.
  • Perform periodic reconciliation of various inter-departmental systems for both on- balance sheet and off- balance sheet assets.
  • Internal reporting.
  • Proactively suggest processing improvements, highlight data quality or procedural issues.
  • Other functions, as may be required from time to time, to assist the Head of Department.
  • The job involves communication within the Bank (particularly Credit Management, Corporate Banking, Institutional Banking, Banking, Treasury, Risk & ALM and Financial Control) and with appropriate business counterparties.

Skills required of the Credit Administrator:

  • 1 year plus experience of working within Loans Administration
  • Ideally some exposure to Agency loans but not essential.
  • Conscientious approach with strong attention to detail;
  • Ability to work under minimal supervision;
  • Ability to deliver under strict deadlines whilst maintaining accuracy and quality;
  • Effective workload prioritization;
  • Good team-worker;
  • System skills: Microsoft Excel, PowerPoint and Word to intermediate/advanced level;
  • Good communication skills – both written and verbal;

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