Deputy Head of Loans Administration - London, United Kingdom - Johnson Associates

Johnson Associates
Johnson Associates
Verified Company
London, United Kingdom

4 days ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Description

Position:
Permanent

Salary:
up to £65,000

Location:
London

Job ID:
JADHLA190123


Our client, a global bank based in the heart of London are looking for an experienced Loans administrator to join as a deputy head.


More about you:


To be successful in this role, you will have at least 5 years Loans Administration experience with strong analytical skills to help you be accurate and methodical throughout the day to day, monthly and quarterly projects within the department.


Previous experience of training and mentoring staff is not necessary but would be an advantage alongside excellent inter-personal skills to develop the team across all levels.


Day to day tasks:


  • General daily Loans Administration duties, including drawdowns, rate fixes, rollovers, fees, transfers, cancellations, prepayments, notices and advices in accordance with agreed and documented processes.
  • Review facility documentation for operational feasibility, in conjunction with the internal and external stakeholders, covering loan products:
  • Syndicated Participations (term loans / RCFs), Bilateral uncommitted and committed
  • Islamic Financing (Murabaha), Scheldschein Loans
  • Master Participation Agreement
  • Prepare and/or check Sales/Transfers/Participations of Loan Products, including settlement and maintenance of those sold on a participation basis (pseudoAgency role)
  • Position, create and/or authorize payments in relation to Loan Products
  • Record and maintain facilities within the Banks systems
  • Record and report nonperforming loans

Deputy Head Responsibilities:


  • To assist and provide cover to the Head of Department in day to day tasks along with supervision and training of less experienced team members
  • Awareness of risk and compliance issues and that risk policies and processes are understood and followed
  • Development and deployment of operational best practices
  • Identification of opportunities to reduce costs and improve quality and control through rationalization of operations processes
If this position is suited to your skills and experience, please submit your CV to us.
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