Loan Administrator

2 weeks ago


London Area, United Kingdom IPOE Consulting Full time £45,000 - £60,000 per year

Loan Administration Officer

12m FTC

City based International Bank

Salary £45k

Full time in the office

Main responsibilities will include;

  • Basic understanding of the general daily Loans Administration duties, including drawdowns, rate fixes, rollovers, fees, transfers, cancellation, prepayments, notices and advices in accordance with agreed and documented processes.
  • Basic understanding of the preparation of Sales/Transfers/Participations of Loan Products, including settlement and maintenance of those sold on a participation basis (pseudo-Agency role)
  • Position / create payments in relation to Loan Products
  • Record and maintain facilities within the Banks systems
  • Daily Nostro Reconciliations are actioned, breaks are resolved, or commentary added.
  • Reports - Daily MI / Monthly Quality Assurance of transactions / Nostro and Suspense
  • Communicate with and assist internal and external stakeholders
  • Participate in project work and continuous improvement developments (lean 6Sigma) for the department.
  • Maintain original documentation register

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