Loan Settlement Administrator            Mandarin Speaker

Our client, a large global bank is currently looking for a Loan Settlement Administrator.  Further details below:

Principal Purpose of the Job:

Loan settlement team continue to improve the efficiency and effectiveness of the service quality, to meet clients’ and the bank’s standards through optimisation of the loan procedure.

Reporting to:  Team Head

Main Responsibilities & Accountabilities:

Loan Settlement:

• Check details of ticket and e-permit;
• Open any new clients and facilities in FOVA;
• Input deal into FOVA;
• Register Nostro account cashflow relating to loan settlement;
• Make drawdown payments due in GCMS re instructions from Credit Department;
• Pass any Entries and Accruals fee in FOVA;
• Update Loans Register schedule spreadsheet;
• Update interest rates, new maturity date in FOVA when roll over;
• Make sure interest and/or principal are received from agents or the borrower;
• Make sure any fees due are paid or received;
• File Loan documentation in folders;
• Co-ordinate for necessary loan system upgrade analysis.

Others:

• Keep Nostro positions;
• To process payments in SCMS and FOVA using knowledge of SWIFT and SWIFT formats;
• Create any new Clients and open relevant accounts in the system;
• Pass any journal entries and accruals in FOVA;
• Other tasks as directed by the Manager and Team Head;
• Maintenance of records filing;
• Keep all AML check evidence for AML check for audit trail purpose. Must report /escalate to MLRO for potential positive hit or suspicious transaction in accordance with the Bank’s AML policy;
• Cover treasury settlement, clearing & payment, trade services, correspondence and reconciliation when required;
• Process the correspondence in SCMS or in FOVA;
• Process the Nostro transfer;
• Update Consolidated Business Report monthly;
• File work papers in a timely manner;
• Archiving of old deals;
• Conduct daily basic CASS review operation in accordance with established “policies”
• Other duties as assigned

Skills Required:

• Good Microsoft Office skills;
• Good organisational ability and attention to detail;
• Good interpersonal skills with the ability to communicate with people of different departments;
• The ability to prioritise tasks and delegate when necessary;
• Accurate reporting skills;
• Good team player;
• Mandarin speaker is mandatory.

For further information, please contact: 

Enrico Castagnetti, Wintermann Search & Selection Limited

Mobile:       +44 (0)7711 267500

Email:         enrico@wintermann.co.uk