Job Title: Loans Analyst
Location: London, Canary Wharf
Job Type: Permanent
Pay rate: From GBP40,000 per annum
Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website.
Loan Operations is the commercial loan processing department of Operations Division. It services all operational aspects of several billion pounds worth of commercial loans denominated in a variety of different currencies. Loans are an essential part of corporate financing. Corporate loans can range from acquisition/trade financing to revolving facilities which aid short/medium term cash flows.
Main Function of the job
The Business Oversight function is responsible for overseeing, governing and supporting our 100 FTE 3rd party offshore processing centre, managing SLA's and escalations on our GBP350bn loan book. The function liases closely with our 4 key loans businesses covering Corporate, Syndicate, CCM and FI Credit as well as Treasury, Finance and Service Management.
Main Duties and Responsibilities
This is a fantastic opportunity to get key supervisory and management oversight of an off-shore functions with responsibility for overseeing key risk indicators, overseeing the daily processing of GBP350bn loan portfolio, managing and resolving client escalations. You will work closely with the 3rd party to improve the quality of the relationship, overseeing Lean initiatives, reviewing budgets and working with external Banks/clients to improve process flows both for Barclays and the wider loans market. You will also take responsibility for co-ordinating lean and continuous improvement activity within the 3rd party.
Risk and Control Objectives
Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Barclays Operational Risk Framework and internal Barclays Policies and Standards.
The candidate should want to build out a deep expertise in the Loans Product, both of the Middle Office documentation and Loan Ops processes in order to resolve complex issues and problems
You should be able to build strong relationship with Directors/senior VP's and wider team members to ensure the management information and support provided to the wider teams continues to align with expectations and allows them to manage the business effectively.
Must have Advanced Microsoft Access, Excel, Visio and PowerPoint skills to develop plans and present to seniors.
The ideal candidate should strive for continual improvement both in terms of the functions and to stretch and develop the wider team to ensure staff retention and support long term promotion for high performing individuals
Bachelor degree or equivalent experience.
Goal orientated and proactive
Adapt to quickly changing demands and able to work using their own initiative.
Experience within the Finance Industry ideally with Loans Ops
Project management experience
Business Analysis qualifications