Senior Assistant - Loan Administration

at  Bank Of China

London, England, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate14 Jun, 2024Not Specified14 Mar, 2024N/ACommunication Skills,ItNoNo
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Description:

Operations Services department provides processing support for the front line business units handling trade finance, loan and cash management products. The department also includes the Operations Resilience and Operation Control teams which are responsible for overseeing the Bank’s resilience programme and managing user rights for certain systems. As a Senior Assistant - Loan Administration, you will be supporting the delivery of all functions in respect of syndicated, agency and bilateral loans. You will also be responsible for providing good operational support and services to Corporate Banking, Financial Institutions and Risk Management departments.

REQUIREMENTS

  • Experience within the Financial Services industry and proven track record in similar business stream
  • Relevant professional qualification
  • Good knowledge of syndication loan and bilateral products and processes
  • Good MS Excel skills
  • Team player
  • Excellent communication skills
    Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally

Responsibilities:

  • Liaise with borrowers and lenders regarding operational matters
  • Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
  • Assist Retail Mortgage Processing team
  • Assist with preparation of business requests
  • Perform system testing
  • Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
  • Communicate with Global Financial Markets (GFM) on funds requirements and advise clearing section of funds movements in timely manner
  • Process drawdown, rollovers, repayments and rate fixing in BOCS/LIMS for agency, bilateral and syndication loan business
  • Process fund receipts and payments using GUPP, SWIFTMS and WBIFN systems
  • Produce ad-hoc reports for business finance units


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Banking / Insurance

Finance

Graduate

Proficient

1

London, United Kingdom