Johannesburg: Loans Administrator (3-Months Contract) posted by Isilumko Staffing

Date	2024-06-08
Job Title	Loans Administrator (3-Months Contract)
Employer	Isilumko Staffing More Information
Salary	40000
Category	Finance Accounting
Location	Gauteng / Johannesburg

Job Summary

A top bank in looking for a Loans Administrator to join their operations division on a 3-MONTH contract.

Purpose

To 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.

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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

Loans Administrator (3-Months Contract) position available in Gauteng, Johannesburg. This job position was posted by Isilumko Staffing. The job has been posted as a premium ad on 2024-06-08 at 13:14:54 in the Finance Accounting category

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