Loans Administrator (3 Months Contract)

Johannesburg, Gauteng, South Africa

Job Description


A top bank in looking for a Loans Administrator to join their operations division on a 3-MONTH contract.PurposeTo manage a portfolio of confirmations and structured deals, providing oversight, support, and guidance for new deals while ensuring process improvement.Key Responsibilities

  • Address queries related to P&L, Margin, etc. from Product Control/finance to minimize financial loss, interest claims, and reputational damage.
  • Handle facility extensions and restructures, updating or rebooking deals as necessary.
  • Build trusted relationships with internal stakeholders to accurately book and execute Investment Banking loans/Syndicated positions.
  • Confirm receipt of funds and determine settlement value for loan settlements and client refunds. Vet and authorize settlement figures for confirmations and structured transactions.
  • Contribute to the development of standard operating procedures, working instructions, and policies to ensure compliance and governance.
  • De-activate statement runs, update loan status, and ensure the continuity of debit order runs. Write off exposure or implement restructuring strategies.
  • Engage with clients to provide settlement figures and confirm actual cash in bank accounts. Support the resolution of outstanding unreconciled entries.
  • Manage client queries and provide relevant information/documentation to ensure effective cash flow management throughout the deal lifecycle.
  • Follow up on outstanding settlements with clients/lenders and third-party syndications. Escalate unresolved matters for review or resolution.
  • Ensure booking of funding positions aligns with Money Market trades and handle interdivisional foreign currency settlements.
  • Reassess funding positions, process unpaid debit orders, and provide guidance for complex non-performing transactions, including recovery and write-offs.
  • Independently manage allocated portfolio, handling drawdowns, margin variations, and prepayments/repayments while ensuring accurate data for the loan book.
  • Investigate client, lender, and internal queries, collaborating with stakeholders to identify and resolve issues promptly.
Requirements
  • Must have Business Commerce Degree
  • Must have a demonstrated track record of adding value and delivering client-centric service.
  • Must have At least 3-4 Experience in supporting and coaching team members
  • Must Have At Least 3 Financial services or finance-related environment experience.
  • Must have Experience working within an agency supporting Investment Banking with knowledge of debt products and legal agreements interpretation.
Skills
  • Strong communication and interpersonal skills
  • Analytical and problem-solving abilities
  • Knowledge of Investment banking Debt products
  • Detail-oriented with strong organizational skills
  • Adaptability
  • Proficiency in software and systems relevant to the role

Isilumko Staffing

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Job Detail

  • Job Id
    JD1339611
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned