LOANS OPERATIONS OFFICER- WHOLESALE LENDING
THE JOB:
The role is to assist the operations and administration of the day-to-day servicing of wholesale and syndicated loans (rollovers; interest payments; repayments; funding deposits).
-preparation and management of drawdowns, rollovers, interest accruals, fee accruals and payments,
-preparation and management of funding deposits and administration of funding positions,
-data input to the loan systems,
-nostro reconciliation – including control of unmatched / open items related to daily inputs and operations in bank’s systems,
-managing relationships with treasury division, clients and / or participant banks and agent banks,
-payments management & instructions to the respective operations and payments areas,
-monitoring and managing withholding tax (WHT) positions re interest and fees,
-collection of withholding tax certificates
-monitoring and management of receipt of fees and reconciliation of fees discounted over the life of the loan,
-reconciliation of loans and funding positions and investigation of any differences between the lending and accounting systems, and
-Assisting other front office responsibilities including First Line of Defence covering KYC onboarding and screening of all payments – inward and outward.
THE CANDIDATE PROFILE:
-5 years experience in a similar wholesale loans operations / administration role with good knowledge of wholesale lending and related syndication management,
-Understanding of reconciliations processes,
-Experience in reading loan agreements.
-Excellent analytical and problem solving skills,
-Be able to work efficiently under pressure and meet tight deadlines,
-Be a team player but also with the ability to work independently,
-Focused and accountable with good communication and people management
-Good knowledge of Microsoft Office Package, especially of Excel
-Permanent role within a multi-cultural environment of a dynamic international financial institution with exposure to cross-border financing operations
-Hybrid working
-Easy-to-access office location with plenty of public transportation options
-Competitive salary and benefits.
THE CLIENT:
Our client is an International Wholesale & Corporate bank based in Luxembourg.
We are committed to protecting your privacy and ensuring the confidentiality of your personal information. Before submitting your application, we kindly ask that you take a moment to review our Privacy Policy.
As an equal opportunity employer, we embrace diversity and welcome applicants from all backgrounds. Please note, however, that candidates must possess a valid Luxembourg work permit. As we represent our clients, we are required to submit only those who meet this requirement. Unfortunately, if you do not have a valid work permit, we will not be able to consider your application.
If you are selected for the position, you will be asked to provide supporting documentation, such as copies of your diplomas, proof of prior employment, and a standard criminal record check, as part of the final steps in our recruitment process.
We appreciate your interest in our company and look forward to the possibility of working together.
