Loan Servicing Analyst
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Job Type | Permanent |
Location | City of London |
Area | City, UK |
Sector | BankingFinancial ServicesCredit |
Salary | Up to £50,000 |
Currency | GBP |
Start Date | |
Job Ref | VAC-12684 |
Job Views | 69 |
- Description
- Salary up to £50k
An exciting opportunity has arisen to join a leading international banking group based in Central London as part of their Group Lending Operations team. As a Loan Servicing Analyst, you will be managing different aspects of credit servicing and administration, including Credit Gatekeeping of Lending Limits and Structures, and the monthly and bi-monthly reporting of Expired Loans and Arrears including the input and preparation of IFRS09.
Duties to include:
- Conducting the operations process of the monthly capture for expected credit loss for IFRS9 and staging allocations.
- The Loan Servicing Analyst will create and send reports across the company, to Management, Credit and Business.
- Forbearance management, monitoring and reporting.
- Monitoring and capturing arrears, excess and recoveries for lending transactions.
- Demonstrating and conducting a proactive approach as Loan Servicing Analyst to arrears forecasting and highlighting high risk loans.
Requirements for the role:
- A professional background within areas of credit, risk or recovery.
- Familiarity with IFRS9.
- Knowledge and experience of Forbearance.
- Strong Excel skills (including VLOOKUP and Pivots).