Join Our Team as a Loans Administration Officer!
Department: Operations
About the Role: We are looking for a detail-oriented professional to join our team on a contract basis. This dynamic role combines loans administration and MRPA (Master Risk Participation Agreements) processing with process design and training delivery.
Key Responsibilities:
Processing Activities:
* Support Corporate and Private Banking (CIB/PB) with all bilateral and syndicated loan processes, ensuring compliance with departmental controls.
* Manage interactions with external parties related to loans administration.
Process Design/Enhancements:
* Develop and manage the accurate recording and reporting of MRPAs.
* Support the rollout of Islamic finance propositions, ensuring systems and processes are in place.
* Collaborate with stakeholders and IT to integrate MRPAs into the Bank’s systems.
* Create and maintain detailed Standard Operating Procedures (SOPs).
* Identify and suggest improvements to loan processing based on previous experience.
* Deliver training to and transition activities to an offshore team, alleviating pressure on Credit Administration and CIB departments.
Daily Processing Activities:
* Review and process loan documentation, ensuring accuracy and completeness.
* Monitor drawdown instructions and ensure compliance with conditions precedent.
* Prepare execution instructions for the Loans Processing Team.
* Ensure timely processing of transactions within approved SLAs.
* Liaise with internal stakeholders and external agents for smooth process execution.
* Maintain and update customer records and loan-related documentation.
* Resolve issues promptly to mitigate financial or reputational risks.
* Coordinate loan sell-downs and secondary market loan transactions.
* Ensure all Islamic loan transactions comply with Shariah requirements.
What We’re Looking For:
* At least 8 years of experience in banking, with a focus on Loan Administration or Middle Office operations.
* Proficiency in reviewing loan documentation and extracting operational information.
* Experience in Islamic Financing (Murabaha, Ijara, etc.) is an advantage.
Skills and Competencies:
* Diploma or Bachelor’s Degree.
* Strong interpersonal and communication skills.
* Self-motivated and eager to learn.
* Flexible team player willing to cover for colleagues as needed.
Why Join Us? Be a part of a collaborative and supportive team where your contributions make a significant impact. This is an excellent opportunity for a seasoned professional looking to apply their expertise in a dynamic banking environment.
If you have the experience and drive to excel in this role, we’d love to hear from you!