Job Description
International Bank based in the City of London, are looking to bring onboard a Loans Administration Associate. Permanent position with hybrid working.
To be considered for this position, candidates MUST speak fluent Mandarin.
The incumbent 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, Financial Institutions and Risk Management departments as well as other stakeholders.
Key responsibilities will include;
1. Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
2. Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank’s retention policy
3. Assist supervisor to prepare business requests and perform system upgrade testing
4. Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
5. Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
6. Liaise with agents and advise the Bank’s relationship managers on any system issues affecting their respective facilities
7. Process drawdown, rollovers, re...