Job Description
Loans Administration Officer
12m FTC
City based International Bank
Salary £45k
Full time in the office
Main responsibilities will include;
* Basic understanding of the general daily Loans Administration duties, including drawdowns, rate fixes, rollovers, fees, transfers, cancellation, prepayments, notices and advices in accordance with agreed and documented processes.
* Basic understanding of the preparation of Sales/Transfers/Participations of Loan Products, including settlement and maintenance of those sold on a participation basis (pseudo-Agency role)
* Position / create payments in relation to Loan Products
* Record and maintain facilities within the Banks systems
* Daily Nostro Reconciliations are actioned, breaks are resolved, or commentary added.
* Reports - Daily MI / Monthly Quality Assurance of transactions / Nostro and Suspense
* Communicate with and assist internal and external stakeholders
* Participate in project work and continuous improvement developments (lean 6Sigma) for the department.
* Maintain original documentation register
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