Junior Associate (Credit Admin)

Recruiter
BLUSPEC RECRUITMENT LIMITED
Location
London
Salary
22000.0000
Posted
18 Mar 2017
Closes
17 Apr 2017
Contract Type
Permanent
Hours
Full Time

We are currently hiring for a Junior Associate (Credit Admin) for one of our Clients to be based at London. Our client is an International Public Sector banking and financial services company.

Job Purpose:

Portfolio Maintenance for all Bilateral Credit/Syndication Loan accounts

General Account Maintenance for Retail Branches and Corporate Credit department.Bank Guarantee

Reports and returns.

Process agency.

Area of Responsibility:

Handling of all Bilateral Credit/Syndication loans/Corporate Credit

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.

Advising currency-wise cash flows to Treasury.

Maintainance of the Loans and Commisions Registers & Documents Register.

All work relating to Bank Guarantees.

Periodical reports and returns to IBG and other regulatory bodies, and any other returns as and when received.

Cover for the three other Associates in the department.

Job Requirements

Working knowledge of loans & advances and bank guarantees.

Sound knowledge of Finacle operations and MS Word and Excel.

Working knowledge of Bloomberg / Reuters.

Please click 'APPLY' should you feel you meet the above requirements