Assistant Loan Administration - Bilateral & Syndicated - Bank of China (UK) Limited : Job Details

About the role

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 an Assistant Loan Administration - Bilateral & Syndicated, you will be responsible for administering the delivery of all functions in respect of syndicated and bilateral loans, providing good operational support and services to Corporate Banking, Financial Institutions and Risk Management departments as well as other relevant stakeholders. This is a full time permanent position.

Key responsibilities

• Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
• Archive all fully repaid syndicated customer folders and dispose of repaid folders in line with the Bank’s retention policy
• Prepare business requests and perform system upgrade testing
• Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
• Communicate with the Global Financial Markets department on funds requirements and advise the Clearing & Payments department of funds movements in timely manner
• Liaise with agents and advise the relationship managers on any system issues affecting their respective facilities
• Process drawdown, rollovers, repayments and rate fixing for agency, bilateral and syndication loan business
• Process fund receipts and payments using GUPP, SWIFTMS and WBIFN systems
• Reconcile and process commitment/utilisation fees and charges as well as chase missing payments from agents/customers
• Reconcile journal entries for transactions balancing under the Bank’s systems
• Review and analyse legal and loan documents and approvals for new and existing agency, syndication and bilateral facilities

Requirements

• Degree educated in Business, Finance, Accounting or other equivalent
• Experience within the Financial Services industry and proven track record in similar business stream
• Relevant professional qualification
• Knowledge of syndicated loan and bilateral products
• Experience in a similar business stream is desirable
• Attention to detail
• Team player
• Proficient in Microsoft Office particularly in the use of MS Excel
• Excellent written and verbal communication skills