About the role

Operations Services department provides processing support for the front line business units handling trade finance, loan and cash management products while operating as a 1LoD processing function. The department also includes the Business Risk & Controls, Financial Crime Operations, and Facilities Management. As a Junior Assistant - Loan Administration, you will be responsible for administering the delivery of all functions in respect of syndicated and bilateral loans, providing efficient operational support to Corporate Banking, Financial Institutions and Risk Management departments as well as other relevant stakeholders. This is a full time 6 months fixed term contract position.

Key responsibilities

• Analyse available undrawn commitment balance to ensure utilisation is in line with facility agreement terms
• Prepare business requests and perform system upgrade testing
• Calculate, process and reconcile commitment/utilisation fees and charges
• Actively follow up with agents/customers regarding outstanding payments
• Liaise with Financial Markets department regarding funding requirements and communicate fund movements promptly to the Clearing and Payments department
• Liaise with agents and advise relationship managers on any system issues affecting their respective facilities
• Process and accurately book all core loan transactions, including drawdowns, rollovers, repayments and rate fixings for agency, syndication and bilateral facilities
• Process fund receipts and payments using GUPP, SWIFTMS and WBIFN systems
• Reconcile and process commitment/utilisation fees and charges as well as follow up on missing payments from agents/customers
• Reconcile journal entries for transactions balancing via relevant systems
• Review and analyse legal and loan documents and approvals for new and existing agency, syndication and bilateral facilities
• Provide support and guidance for junior members of staff

Requirements

• Degree educated in Business, Finance, Accounting, Mathematics or other relevant subject
• Experience in an operations, administrative, or back office support role
• Knowledge of syndicated loans and bilateral products and processes
• Excellent communication skills
• Proficient in MS Office (Microsoft Word, Excel, PowerPoint)
• Highly organised and able to work in a fast paced environment
• Attention to detail
• Team player

Working here

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.

Learning and Development

We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through:

• access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute
• 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge
• regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network
• exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile
• developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme

• encouraging a "growth" personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week
• embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to "future-proof" your career
• promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions

Benefits

We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suits your needs, including:

Private
Healthcare

Pension

Employee Assistance Programme

Complimentary
Lunch

Cycle to
work scheme

Retail
Discounts

Meet our People

Celine Luo
Assistant Vice President, Financial Crime and Compliance

Bank of China is a great platform for everyone who wants to gain different knowledge and self-development. I started as a Junior Associate and had the opportunities to gain invaluable working experience in two different departments. I am happily working here, as an Assistant Vice President in the Financial Crime and Compliance department. I believe I will continue to grow here, not only in my career development but also in my personal wellbeing.

Daniel Shulakov
Senior Associate,
Credit Management

I joined Bank of China as a university graduate and I believe I have found the best place for me. From the first day my priority was always to learn. This was quickly recognised by my department, which provided me with the platform to grow, and my colleagues have been very helpful in the guidance they have provided me with along my journey. There are ample opportunities to grow with the Bank and it all depends on how much one would like to develop themselves.

Rita Cobbold
Vice President - Head of Customer Due Diligence, CFU Middle Office

I have been working at Bank of China for almost 8 years. In March 2022 I was promoted to VP - Head of Customer Due Diligence and I lead the CDD Unit. There are so many great things about working for the company. My favourite is probably the Bank's commitment to identifying talent and nurturing them to develop into great leaders. The Bank embraces employees of all experience levels, backgrounds, and beliefs. They understand the value of a diverse team and make efforts to hire a variety of people. Working here has really enhanced my knowledge, my understanding of different cultures, leadership skills and a sense of direction for the future.

Ashley Watson
AVP - Security Operations & Risk Manager, General Administration

Over the past four years at Bank of China UK, I have had the opportunity to grow both professionally and personally in my role as the Security Operations and Risk Manager. My role involves safeguarding the bank's operations through robust risk management and proactive security strategies. Every day brings new challenges, and the dynamic nature of the role keeps me engaged and motivated. One of the most rewarding aspects of working here is being part of a truly diverse and multicultural environment. Collaborating with colleagues from different backgrounds has broadened my perspective and enriched both my professional and personal experiences.