The role is a 12-15 month contract and would therefore suit applicants on a short notice period that can start work in March ideally. It is essential that all applicants have worked within Loans operations for a bank previously.

Our client is looking for a Loans Operations, FTC Hybrid to join their team in London on a contract (12-15 months) basis. Hybrid working.

This role will administer the day-to-day work of the Operations Department (payments and credit control) in an accurate and timely manner and in accordance with procedures, policies, regulatory requirements and underlying documentation.

Key Responsibilities:

• Check all incoming SWIFT/mail messages and action accordingly.
• Process, verify and authorise payments within authority held.
• Ensure all transaction monitoring is completed in accordance with procedures, policies and regulatory requirements, including screening of all names and that all necessary items are referred to and signed off by MLRO as required.
• Ensure all customer queries, etc. are dealt with in a prompt and professional manner.
• Ensure all customer signature mandates and supporting documents are kept up to date.
• Ensure all statements are maintained and sent as per the customer’s requirements.
• Maintenance of files to include all current and up to date information.
• Ensuring accounts are maintained in accordance with underlying documentation and in compliance with procedures, policies and regulatory requirements.
• Ensure KYC/CDD reviews and monitoring are kept up to date.
• Process drawdowns, rollovers, maturities, fees and other administration requirements ensuring loans are maintained in accordance with documentation.
• Process guarantee issuance and amendments, expiries, cancellations, fees and other guarantee related administration.
• Ensure guarantees are administered in accordance with their terms and the terms of the underlying documentation.
• Monitor daily diaries, perform end of day (EOD) checks, and ensure timely reporting to Head Office.
• Stay alert for suspicious activities and report to the MLRO.
• Maintain accurate system and file records.

Knowledge and Skills:

• Bachelor’s degree or an equivalent combination of education and professional experience.
• Minimum of 3-5 years loans / payments / guarantees / credit control / general banking operations experience.
• Strong understanding of financial systems, payment processing, and credit management principles.

For more information on this role please contact Judith Webb by sending your CV and quoting ref 200807JW.