Our client, a global bank, is looking for an experienced Senior Loan Operations Analyst to act as a No. 2 to the manager, providing services and support to the Trade & Loan Operations function in the London branch.
Within this position, you will oversee 2 experienced staff, whilst also being involved in the BAU, completing daily tasks of the Loan Portfolio and other areas of the wider settlements function
About You:
- Loan Operations experience
- Supervisor experience to include, workflow management, mentoring, checking and verifying the work of the team.
- Understanding of guarantees and standby LCs desirable but not essential
- Excellent communication skills
- High level of integrity, care and diligence
- High level of customer service
- Able to work to a tight schedule when necessary
Job Responsibilities: Loan Operations
- Assist in the training of all new staff demonstrating the correct Trade & Loan Operations working practices and procedures
- Effecting drawdown / rollover / repayment requests under loan agreements.
- Providing information to internal and external customers
- Monitor and refer on the following reports: Daily Past Due Report, Loans Diary Report
- Daily / monthly reporting on Loan portfolio.
- Monthly reporting on undrawn facilities.
- Update and monitor customer incoming fees report and follow-up overdue report if needed.
- Update and monitor customer deposits under lien report monthly / periodically
- Update daily transaction volume report
- Report all nostro position movements to Treasury Operations accurately and by agreed times.
- Obtain cost of funds from the Treasury and input the loan details in the spreadsheet daily.
- Update borrower outstanding/undrawn details manually on a spreadsheet for the monthly accruals on commitment/utilization fee.
- Prepare scan sheets and log sheets for date-to-date transactions of all Trade products to for processing including L/C Issuance, Amendment, Bills Acceptance, TR Loans, Inward Bills Collection, Import / Export Invoice Financing, Stand-by L/C, Bank Guarantee, L/C Advising, Confirming, Negotiation, Transfer L/C, Bank to Bank Reimbursement Claim etc.
- Produce reports related to Trade Finance GL entries.
- Input GL entries into Midas Plus when required.
- Produce the Facility Details Report and customer outstanding report for new drawdown on transactions.
- Obtain the cost of funds from Treasury and input the loan details on the Murex GAP spreadsheet daily.
- Ensure all GL entries and charges are processed accurately.
If you feel this position will align with your experience and aspirations, please submit your CV for consideration.