Assistant Team Leader, OAD Loans Administration
Canary Wharf
Temporary
£300.00 per day 6m FTC
cer Financial are working alongside a progressive mid-tier bank who are based in the City, who are looking for an Assistant Team Leader, OAD Loans Administration to join them for FTC, that should be extended.
The Responsibilities of an Assistant Team Leader, Loans Administrator Will Include:
· To action/authorise/supervise the daily loan processing requirements as a PARTICIPANT across the EMEA region.
· Input, check and approve, via 4-eye control, all appropriate loan transactions upto individual limit of GBP30mio (after successful training and development).
· Ensure all key-controls are met during the day by closely monitoring queues, intra-day reports, etc. and ensure all Aide Memoires are actioned in a timely manner.
· Manage/Monitor Payment Queues when allocated such responsibility.
· Utilise transferable skills by providing cover for colleagues including other Teams/Sections when required.
· Seek ways to improve processes and increase STP without increasing risk including revision of Section Procedures and suggest improvements where appropriate
· Train and mentor staff on Processes and Procedures including European Office colleagues where appropriate.
· Undertake required system testing in conjunction with other relevant stakeholder.
The Successful Assistant Team Leader, OAD Loans Administrator Will Have:
· Solid understanding of Loans Administration roles and responsibilities, particularly acting as a Participant, including relevant current market knowledge.
· Conscientious nature to ensure that all work transacted is to the highest quality with zero errors or omissions, whilst still meeting all required deadlines;
· Desired understanding of LoanIQ and all related systems;
· Confident in oral and written communication with both internal and external stakeholders;
· Solid understanding of SWIFT payments and the wider implications of payment formatting;
· Understanding underlying legal loan documentation with a view to navigating easily in times of referral;
· Basic understanding of loan funding mechanisms via Treasury and implications of lack of communication;
· Self-motivated and conscientious who wants to further knowledge and career and grasp every development opportunity upwards across the corporate levels.
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