Senior Loan Administrator
1 month ago
Job Purpose:
A contract role combining loans administration and MRPA (master risk participation agreements) processing activities as well as process design/enhancements, process flow maps preparation along with training delivery to other staff.
Processing activities:
To support Corporate Banking and Private Banking (CIB/PB) loans processing, for all bilateral and syndicated loans processing activities (drawdown, rollover, repayment, interest and fee payments), whilst adhering to the required segregation of duties and verification controls that are in place within the department at all times, and updated as required. Also, assume responsibility for the interactions with external parties relevant to the loans administration.
Process design/enhancements
- Establish a process for the management and accurate recording and reporting of MRPAs and appropriate control framework around this
- Support the roll out of the Bank’s Islamic finance proposition ensuring systems and processes are in place
- Work with stakeholders and the IT department to work on establishing MRPAs as a product in the Bank’s systems
- Put in place detailed SoPs (Standard Operating Procedures)
- Understand the loans processing process, identify process weakness and suggest improvements based on previous experience
- Deliver training to the offshore team and gradually handover the activities to an offshore team relieving pressure on the Credit Administration and the CIB departments
Daily processing activities
- Check Loan documentation and associated payments, processing of new loans and re-sets.
- Review documentation including facility agreements, credit approvals, legal sign-offs to facilitate proper execution of the deals.
- Monitor the drawdown instructions received from customers or agent banks for completeness and accuracy.
- Ensure collaterals and conditions precedents are in place prior to authorising loans draw down.
- Prepare the ‘Loans Handover File’ which is used to provide the execution instructions to the Loans Processing Team at GSO.
- Monitoring and timely processing of all transactions within the approved SLA’s and tight deadlines as dictated by agent banks.
- Liaising with the internal stakeholders, facility agents and Payments team to ensure smooth execution of the different processes.
- Liaison with EAB local Branch & Credit Department to clarify points specific to pre-assigned Loan Agreements
- Ensure Conditions Precedent relating to new Drawdowns are met. Process rollovers, new advances and repayments for syndicated and bilateral lending in accordance with the agent bank or customer request.
- Update credit lines/collateral details once all the relevant documentation have been received.
- Ensure proper record and safe keeping of loan related documents.
- Update and maintain customer records which include account set-up and fees/charges.
- Monitor receipt and follow up non-receipt of principal instalments, interest and fees booking under syndicated and bilateral loans.
- Coordinate loans risk participations between the two entities of EAB (plc & SA)
- Resolve issues as they arise independently and conduct investigations within agreed service level agreements to ensure task completion in time and avoid any potential financial or reputational risks to the Bank. Approach relationship directors for issues related to commercial aspects.
- Support the business lines for loan sell-down upon request. Coordinate closings and settlements of secondary market loans transactions with Agents, Counterparties, Legal and GSO.
- Maintain high level of communication with internal and external stakeholders.
- Ensure that all Islamic loan transactions are processed in a Shariah compliant manner under Murabaha, Ijara, …etc structures.
- Contribute to the maintenance of up to date Loans SOPs along with the relevant stakeholders in EAB.
- Maintain records of drawdowns, drawn and undrawn commitments, collaterals, MRPA
Required Experience
- At least 3-5 years of experience in the banking industry in Loan Admin/ Middle Office operations.
- Loans documentation review to retrieve operational information from facility agreement and other relevant documents.
- Experience in Islamic Financing (Murabaha, Ijara, etc) is an advantage.
Competencies Required
- Diploma or Bachelor Degree holder
- Strong interpersonal and communication skills and the ability to liaise and collaborate with other departments
- Self-motivated and willingness to learn
- Team player who is flexible with job duties as there will be covering of duties for colleagues
-
Loans Administration Officer
3 weeks ago
London, UK, United Kingdom Venn Group Full timeLoan Administration Officer Venn Group is excited to announce a new opportunity for a Loans Administrator to join a growing team at a global bank. This role is a direct result of the company's expansion and offers exciting prospects for career development. The purpose of this role is to manage prepayments in accordance with agreed and documented...
-
Loan Administration Officer
3 weeks ago
London, UK, United Kingdom CER Financial Full timeBackground To ensure syndicated and uncommitted bilateral loan transactions are processed correctly and in a timely manner, under 4-eye control, in accordance with Head Office rules, regulatory obligations and local procedures. This also include fee processing, nostro reconciliations and associated loans reporting; Daily liaison with colleagues in the...
-
Loans Administrator
1 month ago
London,, UK, United Kingdom LMA Recruitment Full timeJob Title: Loan Operations SpecialistLocation: Central London (City)About the Company:We are the power behind some of the UK’s most forward-thinking and innovative businesses, helping to ignite bold ideas and reshape industries. Our flexible banking solutions support start-ups, scale-ups, growth businesses, investors, and companies heading towards IPO,...
-
Loan Servicing Senior Manager
5 months ago
London, UK, United Kingdom Macquarie Group Full timeYou will be part of our Fund Management Team supporting Private Credit (Direct Lending) and will contribute to the growth of the private credit business and establishment of new private credit strategies. At Macquarie, our advantage is bringing together diverse people and empowering them to shape all kinds of possibilities. We are a global financial...
-
Agency Loans – Middle Office – AVP
3 weeks ago
London, UK, United Kingdom CassonX Full timeCassonX are delighted to be recruiting for one the biggest names in Global Banking. This business is renowned for giving career opportunity to all staff, even offers hybrid working conditions, and recognises their staff with well above market average bonuses. This truly is a business that does what it can to encourage employee enjoyment and satisfaction, and...
-
Head of UK Loan Origination
2 months ago
London, UK, United Kingdom Goodman Masson Full timeAs a key component of their Investment Banking group this business critical hire will assume leadership of the Loan Origination team with responsibility for the Origination and Structuring of financing for the firms large UK corporate clients. The bank has a strong product suite and existing franchise strength across continental Europe so is now seeking to...
-
Loan Asset Management Associate
3 months ago
London,, UK, United Kingdom Anonymous Full timeOur client, a commercial real estate lender focusing on middle market loans throughout Europe, isseeking to recruit an associate into the asset management arm of the business.The associate will work directly with the Managing Director to manage commercial real estate loans across all asset classes in Western Europe. This candidates will work alongside an...
-
Senior Administrator
1 month ago
London,, UK, United Kingdom Red Personnel Full timeSenior Administrator - National Charity, Central LondonLocation: Central LondonHybrid WorkingMon – Friday12-month Fixed Term ContractSalary £28K - £30K per annum plus benefitsRole Overview: Wanted a Senior Administrator to join a much respected national charity in central London. In this role you will be providing administrative support to a team of...
-
Associate/Senior Associate
3 weeks ago
London,, UK, United Kingdom Gazelle Global Full timeAre You Ready to Shape the Future of Infrastructure Finance?We are recruiting an Associate/Senior Associate to join the Global Loans (Infrastructure Finance) Team at a leading international law firm. This is an exceptional opportunity to work on high-profile, cutting-edge transactions in a collaborative and dynamic environment.What’s in Store for You?As...
-
Senior Lettings Administrator
2 weeks ago
London,, UK, United Kingdom Fame Recruitment Full timeOur client is a small, boutique real estate agency located in North London who are recruiting for a Senior Lettings Administrator to join their successful team.Candidates applying should have previous experience working within lettings/property administration in order to be considered for this role.Duties will include;• Lettings coordination• Liaising...
-
Patent Administrator
3 months ago
London, London, UK, United Kingdom G2 Legal Limited Full timeAn esteemed Intellectual Property firm is seeking a CIPA Qualified Patent Administrator to join its dedicated team. This role offers an exciting opportunity for a detail-oriented professional with a strong background in patent administration, looking to contribute to a leading firm in the industry. About the Client Our client is a respected IP firm with a...
-
Business Administrator
2 weeks ago
London,, UK, United Kingdom Fame Recruitment Full timeA leading real estate financing company located in heart of W1 are currently recruiting for a Business Support Administrator to join their team. This opportunity has arisen at an exciting time as the company is growing and expanding its vision at a rapid rate. Candidates applying should have previous experience in a business support role from a professional...
-
Senior Technical IFA Administrator
1 month ago
London,, UK, United Kingdom Capio Recruitment Full timeSenior Technical IFA Administrator | London | Up to £45,000 + Bonus & Company BenefitsAre you an experienced member of a Financial Planning support team looking for a dynamic role supporting one of the top-performing advisers in the business? Do you thrive in fast-paced, high-pressure environments and enjoy the challenge of delivering exceptional service?...
-
Contract Administrator
3 weeks ago
London,, UK, United Kingdom Dalkia UK Full timeThere’s a permanent opportunity for you here as a Contract Support working on one of our Corporate sites in Central LondonThe RoleCarrying out all administration to support the effective running of our client contractCarrying out invoicing processes in line with contractual payment termsEnsuring electronic and paper records, including timesheets are...
-
Visitor Experience Team Hub Administrator
7 days ago
London, UK, United Kingdom HOUSE OF COMMONS-3 Full timeHouse of Commons The House of Commons is a unique and exciting place to work right at the heart of the UK's thriving democratic system. Behind the scenes, the House of Commons Service is made up of more than 3,000 employees who support and facilitate the smooth day to day running of the House. They provide professional services to Members of Parliament,...
-
Investment Governance Administrator- Private Equity
4 months ago
London, UK, United Kingdom Cybernetix Limited Full timeKey Responsibilities: Capture, maintain, and report investment structure data across a global portfolio. Collaborate with internal stakeholders and external advisors to ensure accurate data management. Review and update structure charts, ensuring timely submission to investment teams. Maintain logs of critical dates/events and respond to documentation...
-
Corporate Lending Distribution Specialist
2 months ago
London,, UK, United Kingdom Commerzbank AG Full timeA leading corporate banking and capital markets organisation is seeking a Corporate Lending Distribution Specialist to join their team in London.Main Purpose of this Role:The Corporate Lending Distribution Specialist will be a member of the Distribution team in London. Distribution engages in the distribution of credit risk via funded and unfunded solutions...
-
Senior Associate
1 month ago
London,, UK, United Kingdom Medlock Partners Full timeWe are seeking two experienced Restructuring and Insolvency Solicitors (Associate/Senior Associate level, 3-8 years PQE) to join a rapidly growing Restructuring and Insolvency team in London.This team delivers expert guidance on both contentious and non-contentious restructuring and insolvency matters for a diverse range of clients, including insolvency...
-
Senior 'Smart Contract' Developer
1 month ago
London,, UK, United Kingdom Strategic Staffing Solutions Full timeI am partnering with a world leading Investment Bank, and we are looking for a Senior 'Smart Contract' Developer to work within their Digital Assets division for an initial 12 month (inside IR35) contract. The role will pay up to £585 a day (depending on experience) and is based 5 days a week in their London office (City).Key Skills/Experience:3+...
-
Senior Director/Director of Origination
3 weeks ago
London,, UK, United Kingdom Real Estate Credit Fund Full timeOur client, a premier European real estate investment manager, is seeking a Senior Investment Professional to drive growth within its high-calibre real estate debt platform. This firm has a robust reputation, significant AUM, and a strong track record of delivering innovative credit solutions across commercial real estate. The successful candidate will play...