Senior Loan Administrator
4 weeks ago
Job Title: Senior Loan Administrator
About the Role:
We are seeking a highly skilled Senior Loan Administrator to join our team at IPOE Consulting. As a Senior Loan Administrator, you will be responsible for administering the delivery of all functions in respect of syndicated and bilateral loans.
Key Responsibilities:
- Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
- Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank's retention policy
- Assist supervisor to prepare business requests and perform system upgrade testing
- Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
- Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
- Liaise with agents and advise the Bank's relationship managers on any system issues affecting their respective facilities
- Process drawdown, rollovers, repayments and rate fixing for agency, bilateral and syndication loan business
- Process fund receipts and payments
- Reconcile and process commitment/utilisation fees and charges as well as chase missing payments from agents/customers
- Reconcile journal entries for transactions balancing under the Bank's system
- Review and analyse legal and loan documents and approvals for new and existing agency, syndication and bilateral facilities
- Create and submit business requests relating to changes or improvements to the systems
- Evaluate system and limits issues and assist relationship managers to resolve them
Requirements:
- Degree educated in Business, Finance, Accounting or other equivalent
- Experience within the Financial Services industry and proven track record in similar business stream
- Relevant professional qualification
- Knowledge of syndicated loan and bilateral products
- Experience in a similar business stream is desirable
- Able to work with highest level of accuracy
- Team player
- Excellent written and verbal communication skills
- Good MS Excel skills
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