Assistant Manager Credit Administration

Job description

International Bank based in the west end of London seek an Assistant Manager of Credit Administration and Control on a 3-month Fixed term contract basis

Role Type: 3 Month FTC

Salary: £60,000 - £65,000 + Benefits

5 days office based

West End Location

Must be available for an immediate start

Job Purpose

• To manage/lead and motivate the Credit Admin & Control Department to enable the efficient support of accounts and activity in relation to Credit related operations.
• Ensure all transaction are processed by the Credit Admin team accurately and within agreed deadlines.
• Ensure Credit Limits are accurately reflected, and limit excesses are escalated appropriately.
• Ensure Credit Admin & Control Department follow banks Policy and Procedures.

Role Responsibilities

• Preparation and final verification of credit limits for the bank's annual review of Country & Interbank Risk limits for the Board approval Including all countries and related bank counterparties.
• Processing of Loan administration activity in accordance with the approved loan agreement documentation, ensuring all activity is correctly reflected on the banks Core Banking system.
• Maintain the Bank’s Collateral & Limit Management System, providing the necessary instructions to the appropriate staff for updates.
• Post Input checking and verification of Static data For Capital Adequacy requirements ensure that bond investments have correct rating attached to them for loan commitments, limits and related collateral where applicable.
• Review legal documentation relating to credit products and where required provide SME support to other areas within the bank in relation to credit related documentation/agreements.
• Review Credit Limit Excess requests from business departments, reviewing and providing recommendations to senior management.
• The preparation and circulation to management of the Daily Credit Excess report – highlighting the excesses, breaches and reason for excess together with any appropriate action taken.
• For Capital Adequacy requirements ensure that bond investments have correct rating attached to them
• Conduct variance analysis to Financial Control reports and advise Risk of any significant variance.
• Loan Closer for LMA/LSTA Primary and Secondary Loan trades, drafting/reviewing Loan Trade settlement documentation (Trade Confirmations, Transfer Certificates and Pricing Letters), reviewing underlying credit documentation and ensuring timely settlement and management of post trade reconciliation queries

Essential Experience & Requirements

• Available to start at short notice/immediately
• Proven Credit/Loan Administration and Control experience from a bank
• Sound knowledge and interpretation of loan agreement documentation

Extra information

Status

Open

Education Level

Secondary School

Location

Greater London

Type of Contract

Full Time Jobs

Published at

10-03-2026

Profession type

Accountancy

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English