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Loans Administration Officer - Prestigious Bank

MARKET TALENT
Posted 18 days ago, valid for 9 days
Location

London, Greater London EC1R 0WX

Salary

£25,000 - £35,000 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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  • Salary: Not specified
  • Experience: 5-10 years
  • Key Responsibilities include supporting corporate and private banking loans processing, managing bilateral and syndicated loans, reviewing and processing loan documentation, monitoring drawdown instructions, and preparing execution instructions for the Loans Processing Team.
  • Responsibilities also include establishing Master Risk Participation Agreements management processes, supporting the rollout of new finance systems, developing Standard Operating Procedures, and maintaining records of loan documents and customer accounts.
  • Ideal Candidate Profile requires 5-10 years in loan administration or middle office operations, experience in loans documentation review, Islamic financing experience is a plus, diploma or Bachelor’s degree, and strong communication skills.

Our client a prestigious international bank is seeking a skilled professional combining full end to end loans administration with any experience / knowledge of Master Loans Agreements / MRPA's / Master Risk Participation Agreements helpful, along with process enhancements and training of international team members. Prior working experience with Islamic loans / financing most definately a plus.

Key Responsibilities

  • Support Corporate and Private Banking loans processing.
  • Manage bilateral and syndicated loans (drawdowns, rollovers, repayments, interest/fee payments).
  • Review and process loan documentation, payments, processing of new loans and re-sets.
  • Monitor drawdown instructions and ensure conditions precedents.
  • Prepare execution instructions for the Loans Processing Team.
  • Ensure verification controls and handle external party interactions
  • Establish Master Risk Participation Agreements management processes and control frameworks.
  • Support the rollout of new finance systems.
  • Collaborate with stakeholders to integrate Master Risk Participation Agreements products.
  • Develop Standard Operating Procedures (SoPs) and identify process improvements.
  • Train and transition activities to the offshore team.
  • Maintain records of loan documents and customer accounts.
  • Coordinate loan risk participations and secondary market transactions.
  • Ensure Shariah compliance for Islamic loans.
  • Maintain high-level communication with stakeholders.

Ideal Candidate Profile:

  • 5-10 years in loan administration or middle office operations.
  • Experience in loans documentation review.
  • Islamic financing experience (Murabaha, Ijara, etc.) is a plus but not required.
  • Diploma or Bachelor’s degree.
  • Strong communication 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.