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Mandarin speaking Banking Operations

People First
Posted 8 hours ago, valid for 12 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

info
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.

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Ref: 22764

Job Title: Mandarin speaking Operations - Loan

The Skills You'll Need: Fluent Mandarin and English, with relevant Operations experience in Corporate Banking sector

Your New Salary: £50-65k depending on experience + bonus

Job Status: Permanent, hybrid working (1 day WFH)

Report to: Head of Operations Department

Operations, Loan - Summary:

  • Operation of wholesale banking loan products, which may include but are not limited to bilateral loans, syndicated loans, international clearing, etc.
  • Establish the framework and processes for all loan operation functions. Administer and perform the day-to-day operations of the Branch, including transaction input and verification, documentation checks, ensuring all required conditions are met prior to drawdown, and managing and maintaining custodial records and relevant documents. Liaise with internal and external customers and Head Office departments as necessary to fulfill the role.
  • Perform the operational functions for opening client accounts and maintaining customer account files.
  • Interact with and provide support for other members of the operations team, covering treasury operations, clearing, and trade finance.
  • Perform any other duties as directed by the Head of Operations or Senior Management.

Operations, Loan - What You'll be Doing:

  • Responsible for the day-to-day processing of loan products including transaction input and administration of facilities and documentation.
  • Manage payments preparation, funds transfer for loan products.
  • Ensure that loans are disbursed only after contractual terms and conditions have been met and all required documents have been received.
  • Review loan contracts to understand specific terms related to interest rates, payment schedules, and any clauses affecting interest adjustments. Calculate and adjust interest as needed.
  • Responsible for accurate and timely agreement and reporting of all currency movements related to loans to the front-line departments.
  • Responsible for the day-to-day monitoring of the SWIFT message queues related to loans.
  • Perform monitoring and management of Nostro accounts and process daily reconciliation.
  • Responsible for preparation all required reports and Management Information (M.I.) related to loans.
  • Provide operational support and coverage to other operational functions including treasury operations, clearing and trade finance.
  • Keep the Business Continuity Plan updated for the loan products.

Operations, Loan - The Skills You'll Need to Succeed:

Essential:

  • Fluent Mandarin and English in spoken and written
  • Working experiences on bank Operations roles.
  • Good knowledge of wholesale banking products.
  • Experienced in wholesale banking loan management, Including but not limited to loan disbursement, entry, interest rate adjustment, repayment, etc.
  • Understanding of payments scheme, as CHAPS and SWIFT.
  • Solid understanding of the payment system including Interbank Clearing, Nostro account reconciliation and CHAPS process.
  • Understanding of regulatory impact on all operational processes.
  • Strong problem solving and multi-tasking skills.
  • Strong communication & interpersonal skills.
  • Able to build effective relationships across the business.

Desirable:

  • Good knowledge of operational resilience.
  • Good knowledge of the UK Regulatory (CASS, SYSC, COBS) requirements and Outsourcing arrangements and concepts.
  • Ability to multitask.

Please view all our Team China jobs at www.people-first.co.uk

Please follow us on Linkedin: people-first-team-china

We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.

People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.

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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.