Senior Associate - Credit Administration London (Fully Office-Based)
£27,500 per annum
Permanent Role
We are currently recruiting for a Senior Associate - Credit Administration to join a busy and dynamic Wholesale Banking team in London. This is an excellent opportunity for someone with experience in loan administration and credit operations to develop their career within a structured and fast-paced environment.
The RoleYou will be responsible for the day-to-day administration and maintenance of a portfolio of bilateral, syndicated, and retail loan accounts, ensuring accuracy, compliance, and timely processing of all transactions and reporting requirements.
Key Responsibilities*Manage loan lifecycle activities including drawdowns, rollovers, repayments, and interest servicing
*Maintain and update loan accounts within Finacle, ensuring accurate data and transaction processing
*Perform general account maintenance, including file management, correspondence, and record keeping
*Maintain loan files, working diaries, and registers in line with internal procedures
*Liaise with agent banks, participating banks, and internal departments to ensure smooth processing of transactions
*Coordinate with Accounts for reconciliation of loan accounts
*Monitor and diarise interest and instalment payments, ensuring timely follow-ups
*Support all activities relating to Bank Guarantees
*Prepare and submit periodic reports and returns to internal stakeholders and regulatory bodies
*Maintain data across internal systems including CRM, eFO, and EDMS
*Respond to internal and external audit queries in a timely and accurate manner
*Provide cover and support to other team members when required
Key Stakeholders*Corporate Credit, Retail Credit, Operations, Accounts, and Treasury teams
*Agent banks, branches, solicitors, and external vendors
About You*Working knowledge of loans & advances and bank guarantees
*Experience using Finacle (preferred)
*Proficiency in Microsoft Word and Excel
*Strong attention to detail with excellent organisational skills
*Calm, composed, and professional approach to work
*Strong communication skills with the ability to liaise across multiple teams
What’s on Offer*Salary of £27,500 per annum
*Permanent, full-time position
*Opportunity to gain hands-on experience within Credit Administration and Loan Operations
*Exposure to a wide range of internal and external stakeholders
*Office-based role in London