Operations Clerk (Credit Administration)
Ref: AJ47326
A foreign bank based in London is currently recruiting an Operations Clerk (Credit Administration).
In this role, you will be responsible for the timely, accurate and efficient processing of loan transactions, treasury product back-up support, and branch-wide operations tasks, including transaction validation, confirmations, reconciliations, reporting, and liaison with internal and external stakeholders.
This is a school leaver (A-Levels) entry level position, with no prior working experience of banking operations, although candidates with some work experience (temporary or permanent), and Microsoft office skills (Excel, Word, and Outlook email) gained in any industry would be preferred.
The successful candidate should be inquisitive, structured, disciplined, and methodical in their approach, with a keen interest to pursue a career
in banking, and enjoys working within a team environment.
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ELIGIBLE APPLICANTS:
* (O) Eligible visa: Permanent residence, Spouse, Partner
* (X) NOT eligible: Student visa, Requiring visa sponsorship, Working holiday, Graduate, Freelance
WORK TYPE: Hybrid work available
VISA SUPPORT: No
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TYPE: Permanent, full-time
WORKING HOURS: 9:00-17:00 from Monday to Friday
SALARY: Negotiable, depending on experience
START: ASAP
LOCATION: London
Operations Clerk (Credit Administration) Main Responsibilities:
* Process loan transactions accurately and on time for London and Amsterdam Corporate Banking, Structured Finance, and Treasury teams
* Provide back-up processing for treasury products and branch-wide expense transactions
* Work across Operations on UK Bank Holidays as part of a shift rota
* Validate and authorise approved products including facility set-up, loan drawdowns, rollovers, fixings, and repayments
* Liaise with corporate banking, structured finance, treasury, agent banks, customers, and relationship managers on transactions and instructions
* Manage confirmations and statements, including preparation, distribution, matching, chasing, and query handling
* Handle investigations, transaction discrepancies, and nostro reconciliation breaks
* Prepare NOVAS II input forms and loan payment instructions for input and approval
* Support Payments & Data Entry and Treasury Settlements teams when required
* Check NOVAS proofs against original OS tickets
* Monitor and report commitment fees and perform monthly checks on loans and guarantees
* Prepare and/or distribute internal and external reports
* Securely file trade-sensitive data, invoices, and reports in line with data retention and security policies
* Support internal and external auditors and customer requests as coordinated by management
* Escalate irregular incidents to the line manager
* Cross-train in processing treasury products and branch-wide expense transactions
Operations Clerk (Credit Administration) Ideal Candidate:
* At least 3 A-Levels and 5 GCSE’s
* Holds temporary or permanent experience in the banking sector (desirable)
* Ability to analyse information and draw conclusions from data
* Ability to present conclusions in written reports
* Flexibility in communication and ability to work with different stakeholders
* Problem-solving, patience, persistence, and ability to accommodate differing priorities
* Structured, disciplined, methodical, and inquisitive approach
* Microsoft Office skills, especially Excel, Word, and Outlook email
* Interest in pursuing a career in banking
* Business level fluency in English
** All applicants for the Operations Clerk (Credit Administration) must have the right to work in the country as the Company is not able to offer visa support.
*We regret that we cannot accept applications from Working holiday visa, Graduate or Student visa holders.
*When contacting us, please include the job reference number (Ref: AJ47326) at the top of your message.
If your application is successful, you will be contacted within two business days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs.