Loans Administrator

Loans Administrator £215.00 PAYE Contract until 31/03/2025 Pontoon Solutions is partnering with a high-profile banking client to source a Loans Administrator to join them in their London office at least 2-3 days onsite. The purpose of the role is to action the daily loan processing requirements, as a Participant, across the EMEA region; To act as referral point for Administrators and provide guidance and training where necessary; To support the Team Leaders and Section Head in decision making and strategic planning to ensure Section performs to fullest ability and requirements, defined by processes and procedures. Background To ensure syndicated and uncommitted bilateral loan transactions are processed correctly and in a timely manner, under 4-eye control, in accordance with Head Office rules, regulatory obligations and local procedures. This also include fee processing, nostro reconciliations and associated loans reporting; To provide support to the Team Leaders and Section Head to deliver key services to our front office clients and outsourced locations in EMEA division; Daily liaison with colleagues in the Marketing Areas and Treasury to manage the processing of Loan transactions; Frequent liaison with colleagues in pre-closing teams to ensure timely setup and settlement of loan obligations; Daily liaison with external stakeholders namely financial institutions, bilateral customers and own inter-group companies. Accountabilities & Responsibilities Input all appropriate loan transactions into LIQ; Ensure all key-controls are met during the day by closely monitoring queues, intra-day reports, etc. and ensure all Aide Memoires are actioned in a timely manner; Utilise transferable skills by providing cover for colleagues including other LA Teams when required; Seek ways to improve processes and increase STP without increasing risk including revision of Section Procedures and suggest improvements where appropriate; Undertake required system testing in conjunction with PD-IS and other relevant stakeholder. Knowledge, Skills, Experience & Qualifications Solid understanding of Loans Administration roles and responsibilities, including relevant current market knowledge; Conscientious nature to ensure that all work transacted is to the highest quality with zero errors or omissions, whilst still meeting all required deadlines; Confident in oral and written communication with both internal and external stakeholders; Solid understanding of SWIFT payments and the wider implications of payment formatting; Understanding underlying legal loan documentation with a view to navigating easily in times of referral; Basic understanding of loan funding mechanisms via Treasury and implications of lack of communication. Challenges Able to adapt to continually changing daily requirements of the daily processing; Able to prioritise day to day responsibilities versus providing support for tactical process improvements; Being determined to continually challenge the status quo of existing processing methods whilst recognising the need to ensure control is maintained and customer experienced enhanced; Provide guidance to junior members of the team thereby facilitating succession planning within the group.