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Our client, an International Bank based in the City of London, are looking to recruit a Loan Settlement Administrator for a 12 month fixed term contract. It's also worth noting this position, will be based full time in the office.
Main responsibilities will include;
- Check details of Loan notices and e-permit
- Open any new clients and facilities
- Register Nostro account cashflow relating to loan settlement
- Make drawdown payments due, following instructions from Credit Administration Department
- Update Loans Register schedule spreadsheet
- Make sure interest and/or principal are received from agents or the borrower and are consistent with loan transaction record
- Make sure any fees due are paid or received
- File Loan settlement records in folders
- Liaise with Head Office and co-ordinate with internal dept. on analysis of loan system upgrade and processes
- Process payment instruction in internal systems using knowledge of SWIFT formats
- Create any new Clients and open relevant accounts in the system
- Keep all AML check evidence for AML check for audit trail purpose. Must report /escalate to MLRO for potential positive hit or suspicious transaction in accordance with the Banks AML policy
- Cover treasury settlement, clearing & payment, trade services, correspondence and reconciliation as and when is required
Ideal candidates will have at least 1 years' work experience in loan settlement, processing loan drawdowns, repayments and interest resets.
Due to the high volume of CVs that we receive, only successful candidates will be contacted. Thank you for your time and patience.
