Head of Loans Operation

Role Responsibilities

Checking of security documentation prior to loan draw-downs and follow-up to ensure completion of records.
Overseeing bilateral and syndicated loan transactions.
Review various reports in relation to Loans Administration duties e.g., outstanding insurance, annual credit reviews due
Oversee the ongoing maintenance and the filing of all loan related correspondence.
Payment creation and authorisation via SWIFT Alliance and Intellect as required
Ensure all incidents (e.g., operational losses, fraud, money laundering) are reported to the Operational Risk/MLRO and seek to mitigate the error.
Liaise with Treasury for loan booking confirmations and rate advice as required.
Monitor work-flow ensuring tasks are distributed evenly throughout the team guaranteeing all tasks are covered before deadlines
Monitor and chase outstanding Payment Queries and resolve issues in a timely manner.
Review Nostro and Vostro balances and Reconcile outstanding Nostro account items on a periodic basis.

Person Specification

Knowledge of global Payments procedures and systems; knowledge of SEPA regulations and Confirmation of Payee.
Experience of supervising a Loans Administration and Payments team in a banking environment.
Knowledge of SWIFT Alliance
Good working knowledge of Microsoft Office products.
Excellent Customer Service orientation and skills.
Experience in conducting Risk Assessments for a department.

Location: City of LondonDuration: 6 months, Full TimeRate: £350 - £400 Per Day (Inside IR35/ PAYE)

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