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Junior Assistant - Loan Admin

Location London
Department Operations Services
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}

This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.

Operations Services department provides processing support for the front line business units handling trade finance, loan and cash management products. As a Junior Assistant, 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 retail mortgage processing team if 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

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.  

We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through: 

  • access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute 

  • 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge 

  • regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network 

  • exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile 

  • developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme  

  • encouraging a “growth” personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week 

  • embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to “future-proof” your career 

  • promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions 

We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suits your needs, including: 

Celine Luo
Assistant Vice President, Financial Crime and Compliance

Bank of China is a great platform for everyone who wants to gain different knowledge and self-development. I started as a Junior Associate and had the opportunities to gain invaluable working experience in two different departments. I am happily working here, as an Assistant Vice President in the Financial Crime and Compliance department. I believe I will continue to grow here, not only in my career development but also in my personal wellbeing.

Daniel Shulakov
Senior Associate,
Credit Management

I joined Bank of China as a university graduate and I believe I have found the best place for me. From the first day my priority was always to learn. This was quickly recognised by my department, which provided me with the platform to grow, and my colleagues have been very helpful in the guidance they have provided me with along my journey. There are ample opportunities to grow with the Bank and it all depends on how much one would like to develop themselves.

Rita Cobbold
Vice President – Head of Customer Due Diligence, CFU Middle Office

I have been working at Bank of China for almost 8 years. In March 2022 I was promoted to VP - Head of Customer Due Diligence and I lead the CDD Unit. There are so many great things about working for the company. My favourite is probably the Bank’s commitment to identifying talent and nurturing them to develop into great leaders. The Bank embraces employees of all experience levels, backgrounds, and beliefs. They understand the value of a diverse team and make efforts to hire a variety of people. Working here has really enhanced my knowledge, my understanding of different cultures, leadership skills and a sense of direction for the future.

Jamie Robinson
Assistant Vice President – Sales, Financial Markets

As a 20-year veteran at Bank of China, I have seen huge growth and progress within that time. Through hard work and perseverance, I was given the opportunity to progress through the ranks, utilising the training and development facilities and absorbing the experience from a diverse range of colleagues. This has been invaluable to develop my soft skills and become a well-rounded professional.

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