Financial Serices & Banking

Senior Administrator – Banking & Loan Operations


Eden Recruitment

Senior Administrator – Banking & Loan Operations Ireland, Dublin

Title: Senior Admin – Banking & Loan Operations

This specific role requires a strong knowledge of Trade Guarantees, their purpose and related industry rules. While the role requires a knowledge of Letters of Credit and Documentary collections, the primary business Trade Products is Trade Guarantees.  

This role is accountable to the Head of Bank & Loan Operations. It involves checking of Guarantee documents, processing and validation of guarantees, Fee management and a strong knowledge of Trade guarantees

Role Responsibilities:

  • Production Task Completion: Responsible for the delivery of agreed department production tasks described below, to ensure all tasks are performed in a timely and accurate manner. .
  • Client-Centric: Ensure client requests are managed in a timely and professional manner, maintaining strong communication and Client service.
  • Transactional Controls: Application of transactional controls in line with group control framework
  • Accounting Control: Ensure that all accounting transactions are correctly processed, investigated and remediated. Ensure that all accounts are correctly justified and certified each month

Transaction Processing:

  • Liaise with client / internal business line / issuing banks to manage Guarantees
  • Assess Guarantees claim requests in line with agreed documentation
  • Payment settlements
  • Monitor diary and registers to ensure timely processing and settlements of guarantees and claims
  • Checking & identifying discrepancies and understating of Guarantees documents
  • Booking guarantees (Issuance and confirming)
    • Facility validation
    • Fee processing and follow up
    • Processing of Import & Export Letters of Credit: Advising, confirming, checking documents, claiming reimbursement, effecting payments
    • Processing of Documentary Collections: Inward & Outward collections, remitting documents and settlement.
    • Application of transactional controls in line with group control framework

Qualification, Experience & Competencies

  • Business/Finance 3rd level qualification preferable
  • Minimum 3 years experience in a Guarantees Operational role
  • Knowledge of Guarantees documentation rules
  • Strong Organisational skills
  • Strong knowledge of Swift PLASMA & MS Office suite (excel, word, PowerPoint)
  • Ability to work under pressure and to tight deadlines.

Tagged as: Senior Administrator - Banking & Loan Operations