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Loan Settlement Specialist

2 months ago


Finsbury Square, United Kingdom HR GO Recruitment Full time
Job Description

Job Title: Loan Settlements with Fluent Mandarin

Job Summary:

We are seeking a highly skilled Loan Settlement Specialist to join our team at HR GO Recruitment. As a Loan Settlement Specialist, you will be responsible for ensuring the efficient and effective settlement of loans, working closely with the Loans department to optimize the loan procedure and meet clients' and the bank's standards.

Key Responsibilities:

  • Pass entries and accruals fees in FOVA
  • Update loans register schedule spreadsheet
  • Update interest rates and new maturity dates in FOVA when roll over
  • Ensure interest and/or principal are received from agents or the borrower
  • Ensure any fees due are paid or received
  • File loan documentation in folders
  • Coordinate for necessary loan system upgrade analysis
  • Check details of tickets and e-permits
  • Open new clients and facilities in
  • Input deals into
  • Register nostro account cashflow relating to loan settlement
  • Make drawdown payments due
  • Keep nostro positions
  • Process payments in SCMS and FOVA using knowledge of SWIFT and SWIFT formats
  • Create new clients and open relevant accounts in the system
  • Pass journal entries and accruals in FOVA
  • Perform other tasks as directed by the Manager and Team Head
  • Maintain records filing
  • Keep all AML check evidence for AML check for audit trail purpose
  • Report/escalate to MLRO for potential positive hit or suspicious transaction in accordance with the Bank's AML policy
  • Cover treasury settlement, clearing & payment, trade services, correspondence and reconciliation when required

Requirements:

  • Fluent Mandarin language skills
  • Strong knowledge of loan settlement procedures and processes
  • Excellent communication and organizational skills
  • Ability to work in a fast-paced environment
  • Strong attention to detail and accuracy

Working Hours: 5 days per week, Monday to Friday

Location: Office based