Quantum Group
We are Hiring for a Senior Associate – Credit Admin for an International Bank based in Harrow.JOB DESCRIPTIONJob Title: Junior / Senior Associate
Department: Credit AdministrationReports To (Job Title): Deputy Manager, Credit Administration
Division: Wholesale1. 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.
- Maintainance 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.
To apply for this job please visit www.reed.co.uk.
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