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Senior Loans Administrator

LMA
Posted 6 days ago, valid for 17 days
Location

London, Greater London EC1R 0WX

Salary

£30,000 - £36,000 per annum

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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 job is located in the City of London and offers a competitive salary with hybrid working options.
  • Candidates are required to have a degree in Business, Finance, Accounting, or a related field, along with experience in the Financial Services industry.
  • Key responsibilities include archiving customer folders, processing fees and charges, and liaising with various departments and agents.
  • The role also involves reviewing legal documents, creating business requests for system changes, and resolving system issues with relationship managers.
  • Applicants should possess excellent communication skills and good MS Excel proficiency, with experience in syndicated loan and bilateral products preferred.
  • Location: City of London
  • Salary: competitive
  • Hybrid working

Key responsibilities

  • Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank's retention policy
  • Assist supervisor to prepare business requests and perform system upgrade testing
  • Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
  • Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
  • Liaise with agents and advise the Bank's relationship managers on any system issues affecting their respective facilities
  • Process drawdown, rollovers, repayments and rate fixing for agency, bilateral and syndication loan business
  • Process fund receipts and payments using GUPP, SWIFTMS and WBIFN systems
  • Reconcile and process commitment/utilisation fees and charges as well as chase missing payments from agents/customers
  • Reconcile journal entries for transactions balancing under the Bank's system
  • Review and analyse legal and loan documents and approvals for new and existing agency, syndication and bilateral facilities
  • Create and submit business requests relating to changes or improvements to the systems
  • Evaluate system and limits issues and assist relationship managers to resolve them

Requirements

  • Degree educated in Business, Finance, Accounting or other equivalent
  • Experience within the Financial Services industry and proven track record in similar business stream
  • Knowledge of syndicated loan and bilateral products
  • Team player
  • Excellent written and verbal communication skills
  • Good MS Excel skills

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.