Loans Administration
City of London
Temporary
£320.00 Per Day (6m FTC)
cer Financial are working alongside a bank who are based in the City of London, they are looking for a Loans Administrator to join them on a temporary basis.
The Responsibilities of a Loans Administrator will include:
· 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 and suggest improvements where appropriate;
· Train and mentor staff on Processes and Procedures including European Office colleagues where appropriate;
· Undertake required system testing
The Successful 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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