Junior Assistant - Loan Administration

About the role

Operations Services department provides processing support for the front line business units handling trade finance, loan and cash management products. As a Junior Assistant - Loan Administration, you will be responsible for administering the delivery of all functions in respect of syndicated and bilateral loans. You will provide operational support and services to Corporate Banking department, Financial Institutions department, Risk Management department and other relevant stakeholders when required. This is a full time permanent position.

Key responsibilities

• Act as Facility Agent for syndicated loans and bilateral loans, liaising with borrowers and lenders regarding operational matters
• 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 after retention period
• Arrange and reply to audit enquiries from auditors in relation to credit facilities granted to customers
• Assist and support departmental colleagues when required
• Assist supervisor to prepare business requests
• Calculate, process and reconcile commitment, utilisation fee and charges and liaise with agents/customers of missing payments
• Communicate with Global Financial Markets (GFM) on funds requirements and advise clearing section of funds movements in timely manner
• Participate in system updates and testing
• Produce ad-hoc reports for business finance units
• Review and analyse legal and loan documents and approvals for new and existing agency, syndication and bilateral facilities
• Organise files and perform admin duties such as scan approvals, daily transactions and all related loan documents
• Update and manage customer loan records

Requirements

• Degree educated in Business, Finance, Accounting or other equivalent
• Experience within the Financial Services industry and proven track record in similar business stream
• Good knowledge of syndication loan and bilateral products and processes
• Good MS Excel skills
• Team player
• Excellent communication skills