Senior Loans Administrator

Position: Permanent

Salary: up to £60,000

Location: London

Job ID: JA2906SLA

We have a great opportunity for an experienced Loans Administrator to join one of the largest International banks in London. As a Senior Loans Administrator you will be responsible for a portfolio of syndicated Loans as participant utilising the LoanIQ system, as well as having more senior duties including; checking, authorising and training.

Main Responsibilities of the Senior Loans Administrator:

  • Action/authorise/supervise the daily loan processing requirements (primarily as a participant) across the EMEA region;
  • Act as referral point for Administrators and provide guidance and training where necessary;
  • Support the Team Leaders and Section Head in decision making and strategic planning to ensure section performs to fullest ability and requirements, defined by processes and procedures.
  • Ensure syndicated and bilateral loan transactions are processed correctly and in a timely manner which also includes fee processing, nostro reconciliations and associated loans reporting;
  • Provide support to the Team Leaders and Section Head to deliver key services to front office clients and outsourced locations in EMEA division;
  • Daily liaison with colleagues in the Marketing areas and Treasury Depts. manage the processing of Loan transactions;
  • Frequent liaison with colleagues in other Operational areas to ensure timely setup and settlement of loan obligations;
  • Daily liaison with external stakeholders namely financial institutions, bilateral customers and own inter-group companies.
  • Referral and junior escalation point for 6-7 Administrators across the Team;
  • funding/payment deadlines are met and all key controls are all completed in a timely manner;
  • Input, check and approve, all appropriate loan transactions
  • Ensure all key-controls are met during the day by closely monitoring queues, intra-day reports, etc.
  • Manage/Monitor Payment Queues when allocated such responsibility;
  • Seek ways to improve processes and increase STP without increasing risk including revision of Section Procedures and suggest improvements where appropriate;
  • Undertake required system testing in conjunction with other relevant stakeholder.

Skills and Experience of the Senior Loans Administrator:

  • Solid understanding of Loans Administration roles and responsibilities
  • Conscientious nature to ensure that all work transacted is to the highest quality
  • Confident in oral and written communication with both internal and external stakeholders;
  • Solid understanding of SWIFT payments and the wider implications of payment formatting;
  • Basic understanding of loan funding mechanisms via Treasury and implications of lack of communication.
  • Able to prioritise day to day responsibilities versus providing support for tactical process improvements;
  • Being determined to continually challenge the status quo of existing processing methods

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