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Credit Administrator Manager - Prestigious City based Bank - Apply now

Salary: £30,000 - £40,000
Location: City of London
Type: Permanent, Full time

City based Prestigious, International Banking brand is seeking a Credit Administrator Manager to join their Credit Administration division. You will be reporting to the Head of CCO.

Job Role

Management of Loans & Advances and Bank Guarantees

Job Responsibilities

  • Administration of all transactions related to Syndication,Bilateral and retail accounts on day to day basis.
  • Once the process of documentation is complete to arrange for loading of limits and disbursement of facilities.
  • Disbursement and diarising the repayment/instalment/interest of all syndicated, Bilateral and retail Loans.
  • The issuance/amendment/Checking & signing of Bank Guarantees.
  • Monitoring of Interest, Instalments, processing Fee, and Legal Charges. Application of Interest in the loan accounts.
  • Preparation of all weekly, monthly, quarterly, half-yearly and annual returns & its timely submission to appropriate authority.
  • To prepare information required by different departments, as and when required
  • General communication with clients through email, telephone and letters.
  • Authorising payments for credit customers
  • Ensuring proper reporting of cash flows to TSD on a daily basis.
  • Assisting other departments in reconciliation of nostro and other office accounts.
  • Liasing with other departments viz. Operations, Accounts, Treasury, TSD, Trade,Mid - Office etc
  • Review /renewal of retail credit and corporate credit loans.
  • Follow up for Guarantee Commission fees and processing fees.
  • Maintenance of master list pertaining to all accounts in the Credit department.
  • Independent check of all pre disbursement formalities for all loans.
  • Ensuring smooth operations of the department.
  • Overseeing the work of the other team members.
  • Authorising payments in loan accounts.
  • Verifying and authorising entries in Finacle.
  • Ensuring veracity of the information input into Finacle.
  • Issuance and management of Bank Guarantees.
  • Ensuring customer satisfaction and resolving issues that may crop up from time to time.
  • Ensuring accuracy and periodicity of reports and returns relating to the department.


  • Sound knowledge of loans & advances and bank guarantees.
  • Sound knowledge of Finacle operations and MS Word and Excel.
  • Working knowledge of Bloomberg / Reuters.