Details:
- Salary: £27,000 - 30,000 - Annum
- Job Type: Permanent
- Job Status: Full-Time
- Salary Per: Annum
- Location: Harrow London
- Date: 4 days ago
Description:
We are Hiring for a Senior Associate - Credit Admin for an International Bank based in Harrow.
JOB DESCRIPTION
Job Title: Junior / Senior Associate Department: Credit Administration
Reports To (Job Title): Deputy Manager, Credit Administration Division: Wholesale
1. JOB ROLE
Portfolio Maintenance for all Bilateral Credit/Syndication Loan accounts.
Preparation of Reports and returns.
Process agency.
2. JOB RESPONSIBILITY
Handling of all Bilateral Credit/Syndication loans.
Drawdowns / rollovers / interest servicing / repayments etc.
All back-office work pertaining to the loan accounts viz., Maintenance of files, correspondence with other branches, putting through transactions in Finacle, updating information in Finacle, account statements, diarising, follow-up, initiating Finacle entries in loan accounts.
Advising daily currency-wise cash flows to Treasury.
Liaisoning with the back offices of the various agent and participating banks / branches.
Co-ordinating with Accounts Department for Reconciliation of Accounts.
Diarising Interest / Instalment payments and sending timely reminders.
Maintenance of the Loans and Commissions Registers & Documents Register.
All work relating to Bank Guarantees.
Periodical reports and returns to Head Office and other regulatory bodies, and any other returns as and when received.
Any other tasks as and when allocated by the line manager/reporting authorities depending upon the requirement.
Cover for the other Associates in the department.
3. COMPETENCY
Working knowledge of loans & advances and bank guarantees.
Working knowledge of Finacle operations and sound knowledge of MS Word, Excel & Power Point.
Basic idea of Bloomberg / Reuters.
4. KEY INTERACTIONS / NETWORKS
Liaisoning with corporates and participating Banks & branches.
Liaisoning with the back offices of the various agent and participating banks.
Co-ordinating with Bilateral Credit, Operations, TSD departments and Postroom.
Co-ordinating with Syndications, Operations, Treasury, TSD, Accounts and other related departments