Loans Analyst
Barclays moves, lends, invests and protects money for customers and clients worldwide. Please visit our website here for more information.
Operations is an exciting and fast moving function. More than 10,000 employees work in Operations, across 17 countries and 30 cities, supporting millions of financial transactions, worth billions of pounds. We ensure that trades get to the right client and to the right account, at the right time, and cover the full spectrum of financial products, from bonds and equities to swaps and options. The environment we operate within is continually changing and Operations plays a key role in driving market initiatives and regulatory changes. By ensuring we are ahead of competitors on these initiatives, Operations can help drive down costs and increase revenue.
Overall purpose of role: The Loan Operations Analyst/ Verifier is responsible to support the off shore processing of the U.S. balance sheet Loans Group by:
o Verifying Manual Payments for the offshore team.
o Conduct Daily/Monthly surveillance of the Loans offshore team.
o Process incoming trades, borrower drawdown's, route faxes/e-mails, clear cash and DI breaks, Verify in ACBS to include the Settlement Queue for others, fully manage a Small Complex Portfolio of accounts by providing corporate, institutional and individual clients with an exceptional level of professional service with respect to all covered product categories, in close co-operation with marketing, credit, and product areas of the Bank.
Key Accountabilities and Skills required:
o Key specific accountabilities.
o Timely execution of requests from clients with respect to terms of agreed facilities, including draw downs, repayments, rollovers, wire transfers, treasury fundings, deposits, and investigations. Clients include deal participants and internal staff as appropriate.
o Ensure that fees, interest, and principal amortization are billed and collected and forwarded to participants/syndicate members as appropriate.
o Daily Creation/Review and reconciliation of control and exception reports. Ensure breaks are researched and resolved per agreed department standards. For unresolved items, provide detailed commentary and explanations for discrepancies including estimated time frames for resolution.
o For loan trades settling in secondary market (par & distressed) obtain closing documentation from closing team , review KYC approvals and funding memorandum, and settle position in ACBS settlement system for both purchases and sales. This may require establishment of new facilities and loan contracts in ACBS.
o Coordinate daily funding of loan bookings with money market treasury desk.
o Communicate with Various teams inside and outside of the Loans group to resolve Breaks and discrepancies highlighted in various reports published daily/weekly/Etc
o Maintain diaries and ticklers to ensure that all documents events (including compliance on Agency deals/Audit confirmations) not prompted in an automated manner are accomplished as scheduled.
o Provide comments to line officers as appropriate regarding client requests, deal activity, draft documentation as requested and act as a trouble-shooter for the relevant account officers in resolving problems with loan operation/administration.
o Verify the work of others in ACBS to include the settlement queue.
o Provide training to colleagues on function and systems.
o Understand and adhere to escalation policy as it relates to our risk and control environment.
o Primary systems: ACBS, MOC, WSO, ClearPar, GAOS, GBS, Monet
o Assist with adhoc projects and assignments.
Your Skills and Qualifications will include
o Basic Qualifications
o Bachelor's Degree
o 1 years of Bank Experience
o 3 Years in Microsoft Office Suite experience
Preferred Qualifications
o Team Player as well as ability to handle processes independently
o Excellent written and verbal communication skills
o Experience with the ACBS Loan Processing Platform
The
Benefits: Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.
Our Culture: Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
Barclays is an equal opportunity employer and are opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here.
EEO statement
It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Risk and Control Objective: All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
. Apply now!Estimated Salary: $20 to $28 per hour based on qualifications.
Operations is an exciting and fast moving function. More than 10,000 employees work in Operations, across 17 countries and 30 cities, supporting millions of financial transactions, worth billions of pounds. We ensure that trades get to the right client and to the right account, at the right time, and cover the full spectrum of financial products, from bonds and equities to swaps and options. The environment we operate within is continually changing and Operations plays a key role in driving market initiatives and regulatory changes. By ensuring we are ahead of competitors on these initiatives, Operations can help drive down costs and increase revenue.
Overall purpose of role: The Loan Operations Analyst/ Verifier is responsible to support the off shore processing of the U.S. balance sheet Loans Group by:
o Verifying Manual Payments for the offshore team.
o Conduct Daily/Monthly surveillance of the Loans offshore team.
o Process incoming trades, borrower drawdown's, route faxes/e-mails, clear cash and DI breaks, Verify in ACBS to include the Settlement Queue for others, fully manage a Small Complex Portfolio of accounts by providing corporate, institutional and individual clients with an exceptional level of professional service with respect to all covered product categories, in close co-operation with marketing, credit, and product areas of the Bank.
Key Accountabilities and Skills required:
o Key specific accountabilities.
o Timely execution of requests from clients with respect to terms of agreed facilities, including draw downs, repayments, rollovers, wire transfers, treasury fundings, deposits, and investigations. Clients include deal participants and internal staff as appropriate.
o Ensure that fees, interest, and principal amortization are billed and collected and forwarded to participants/syndicate members as appropriate.
o Daily Creation/Review and reconciliation of control and exception reports. Ensure breaks are researched and resolved per agreed department standards. For unresolved items, provide detailed commentary and explanations for discrepancies including estimated time frames for resolution.
o For loan trades settling in secondary market (par & distressed) obtain closing documentation from closing team , review KYC approvals and funding memorandum, and settle position in ACBS settlement system for both purchases and sales. This may require establishment of new facilities and loan contracts in ACBS.
o Coordinate daily funding of loan bookings with money market treasury desk.
o Communicate with Various teams inside and outside of the Loans group to resolve Breaks and discrepancies highlighted in various reports published daily/weekly/Etc
o Maintain diaries and ticklers to ensure that all documents events (including compliance on Agency deals/Audit confirmations) not prompted in an automated manner are accomplished as scheduled.
o Provide comments to line officers as appropriate regarding client requests, deal activity, draft documentation as requested and act as a trouble-shooter for the relevant account officers in resolving problems with loan operation/administration.
o Verify the work of others in ACBS to include the settlement queue.
o Provide training to colleagues on function and systems.
o Understand and adhere to escalation policy as it relates to our risk and control environment.
o Primary systems: ACBS, MOC, WSO, ClearPar, GAOS, GBS, Monet
o Assist with adhoc projects and assignments.
Your Skills and Qualifications will include
o Basic Qualifications
o Bachelor's Degree
o 1 years of Bank Experience
o 3 Years in Microsoft Office Suite experience
Preferred Qualifications
o Team Player as well as ability to handle processes independently
o Excellent written and verbal communication skills
o Experience with the ACBS Loan Processing Platform
The
Benefits: Our customers deserve the best. The same goes for our employees. That's why at Barclays you'll receive a range of benefits that include a competitive salary and all the tools, technology and support you need to succeed.
Our Culture: Everything we do is shaped by the five values of Respect, Integrity, Service, Excellence and Stewardship. The values inform the foundations of our relationships with customers and clients, but they also shape how we measure and reward the performance of our employees. Simply put, success is not just about what you achieve, but about how you achieve it.
Dynamic working gives everyone at Barclays the opportunity to integrate professional and personal lives, if you have a need for flexibility then please discuss this with the hiring manager.
Barclays is an equal opportunity employer and are opposed to discrimination on any grounds. For more detailed information, please visit our dedicated Diversity and Inclusion site here.
EEO statement
It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.
Risk and Control Objective: All Barclays colleagues have to ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Barclays Policies and Policy Standards
. Apply now!Estimated Salary: $20 to $28 per hour based on qualifications.
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