Credit Administration Officer

New Yesterday

Senior Associate - Credit Administration

London (Fully Office-Based)
£27,500 per annum
Permanent Role

We are currently recruiting for a Senior Associate - Credit Administration to join a busy and dynamic Wholesale Banking team in London. This is an excellent opportunity for someone with experience in loan administration and credit operations to develop their career within a structured and fast-paced environment.

The Role

You will be responsible for the day-to-day administration and maintenance of a portfolio of bilateral, syndicated, and retail loan accounts, ensuring accuracy, compliance, and timely processing of all transactions and reporting requirements.

Key Responsibilities

Manage loan lifecycle activities including drawdowns, rollovers, repayments, and interest servicing
Maintain and update loan accounts within Finacle, ensuring accurate data and transaction processing
Perform general account maintenance, including file management, correspondence, and record keeping
Maintain loan files, working diaries, and registers in line with internal procedures
Liaise with agent banks, participating banks, and internal departments to ensure smooth processing of transactions
Coordinate with Accounts for reconciliation of loan accounts
Monitor and diarise interest and instalment payments, ensuring timely follow-ups
Support all activities relating to Bank Guarantees
Prepare and submit periodic reports and returns to internal stakeholders and regulatory bodies
Maintain data across internal systems including CRM, eFO, and EDMS
Respond to internal and external audit queries in a timely and accurate manner
Provide cover and support to other team members when required

Key Stakeholders

Corporate Credit, Retail Credit, Operations, Accounts, and Treasury teams
Agent banks, branches, solicitors, and external vendors

About You

Working knowledge of loans & advances and bank guarantees
Experience using Finacle (preferred)
Proficiency in Microsoft Word and Excel
Strong attention to detail with excellent organisational skills
Calm, composed, and professional approach to work
Strong communication skills with the ability to liaise across multiple teams

What's on Offer

Salary of £27,500 per annum
Permanent, full-time position
Opportunity to gain hands-on experience within Credit Administration and Loan Operations
Exposure to a wide range of internal and external stakeholders
Office-based role in London
Apply
Location:
City Of London
Salary:
£27,500 /annum
Job Type:
FullTime
Category:
Accounting/Financial/Insurance

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