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Loan Operations Officer

Michael Page Banking
Posted 6 days ago, valid for 15 days
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position is for a Loan Operations Officer in the Banking and Financial Services sector located in the City of London.
  • The role offers a base salary of £50-60k with an additional 10% bonus.
  • Key responsibilities include verification of credit documentation, onboarding new risk products, and monitoring loan repayments.
  • Candidates must have a minimum of two years of related banking experience in loan administration.
  • A Bachelor's degree in Finance or Accounting is also required for this position.

Loan Operations Officer

Banking and Financial Services

City of London

£50-60k base salary with 10% bonus

Client Details

Leading international bank in the heart of the City of London are looking to expand their financial services team in a Loan Operations Officer capacity.

Description

Loan Operations Officer, City of London, Financial Services:

  • Verification of received credit documentation and legal agreements - loans: bilateral and syndicated, guarantees, factoring
  • Onboarding new risk products
  • Checking transaction documentation versus system data
  • Establishing the collaterals and recurring monitoring
  • Fees and commissions administration
  • Disbursement of the loans
  • Checking of agreement conditions, precedents and subsequent monitoring of terms and obligations of credit agreements
  • Monitoring the timeliness of loan repayments together with release of the collaterals after repayment
  • KYC documentation and upload

Profile

  • Minimum two (2) years of related banking experience in loan administration
  • Bachelor's degree in Finance, Accounting

Job Offer

Loan Operations Officer

Banking

City of London

£50-60k base salary with 10% bonus

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.