Loan Administration - Bilateral & Syndicated
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Added before 7 Days
- England,London
- full-time
- Salary negotiable
Job Description:
An overseas banking institution wish to recruit within Loans Administration, you will be responsible for administering the delivery of all functions in respect of syndicated and bilateral loans, providing good operational support and services to Corporate Banking
Main Duties
*Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
*Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank’s retention policy
*Assist supervisor to prepare business requests and perform system upgrade testing
*Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
*Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
*Liase with agents and advise the Bank’s relationship managers on any system issues affecting their respective facilities
*Process drawdown, rollovers, repayments and rate fixing for agency, bilateral and syndication loan business
*Process fund receipts and payments using GUPP, SWIFTMS and WBIFN systems
*Reconcile and process commitment/utilisation fees and charges as well as chase missing payments from agents/customers
Experience Required
*Experience within the Financial Services specifically within loan/credit administration
*Relevant professional qualification
*Knowledge of syndicated loan and bilateral products
Main Duties
*Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
*Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank’s retention policy
*Assist supervisor to prepare business requests and perform system upgrade testing
*Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
*Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
*Liase with agents and advise the Bank’s relationship managers on any system issues affecting their respective facilities
*Process drawdown, rollovers, repayments and rate fixing for agency, bilateral and syndication loan business
*Process fund receipts and payments using GUPP, SWIFTMS and WBIFN systems
*Reconcile and process commitment/utilisation fees and charges as well as chase missing payments from agents/customers
Experience Required
*Experience within the Financial Services specifically within loan/credit administration
*Relevant professional qualification
*Knowledge of syndicated loan and bilateral products
Job number 1655618
metapel
Company Details:
MW recruitment
MW Recruitment is a specialist banking and financial services recruitment company. We were founded in 2010 and have consultants specialising within th...