Assistant Manager - Bilateral Credit

Permanent | 40,000 | Fully Office-Based | Central London
Wholesale Division
Reporting to: Head of Bilateral Credit

We are seeking an Assistant Manager - Bilateral Credit to join our Wholesale Division on a permanent, fully office-based basis in Central London. This role supports the Head of Bilateral Credit and involves active engagement with the loan syndication market, credit assessment, documentation, relationship management and end-to-end handling of bilateral and syndicated loan transactions.

• Understanding of the loan syndication market and its players.

• Scouting the market and generating business leads as per target.

• Assessment of the risks associated with the business leads.

• Compilation of loan proposals and presentation to the credit committee.

• Completion of documentation and associated processes for the loan assets.

• Management of the loan assets of the syndications department.

• Coordination with other members in the department for smooth functioning.

• Maintenance of adequate level of relationship with counterparts in other banks/financial institutions to gather information on the latest trends, best practices and procedures.

• Continuous engagement with market players, understanding the products on offer in the market and developing competitive products for the bank.

• Gathering of business intelligence from the market for possible participation in syndicated loan deals.

• Financial/credit analysis and capturing of relevant risk parameters in the credit proposals for consideration of the credit committees.

• Facilitation of documentation of sanctioned loan facilities including liaising with bank solicitors till execution stage and safe custody of executed documents.

• Exchange on the underlying security and ensuring perfection of the same.

• Providing all necessary documents to the credit administration department for opening of loan accounts and timely updation of information on borrowers.

• Internal housekeeping, facilitation of audit and maintenance of asset quality of the assigned loan portfolio.

• Attending to various audit reports, compilation of compliance remarks and satisfactory closure of the reports.

• Transaction support of corporate finance transactions (syndicated loans, project finance and structured finance).

• Maintaining continuous liaison with the credit administration team regarding all operations and timely monitoring of the individual loan accounts.

• Compilation of various reports as per the requirement and submission of periodic returns as per the stipulated frequency.

• Visiting clients/banks/financial institutions at the pre-sanction stage wherever necessary and arranging periodic meetings for maintenance of existing accounts and securing new business.

• Preparing minutes of the visits and periodic presentation to the appropriate authority for necessary assessment.

• To act as the prime relationship point for clients and various counterparties for problem solving and dissemination of information to various stakeholders.

• Identification of stress in the existing loan assets and suggestion/preparation of roadmap for possible resolution.

• Restructuring/rescheduling/write-off of accounts as per need in agreement with the bank's policy.

• Maintenance of proper diary for periodic review/renewal of accounts as per the extant policy guidelines of the bank.

• In the absence of other personnel, to handle all routine matters in the department for its smooth functioning.

• Attending to any other duties to be assigned by the head, relationship teams or as may be necessary from time to time.

• Clear understanding of the loan syndication market and associated terminology.

• Sound knowledge of financial and balance sheet analysis.

• Excellent communication skills, with frequent interaction with customers and other banks/financial institutions.

• Adequate expertise in MS Word, Excel and Access.

• Efficiency in terms of accuracy and turnaround time.

• Superior skill in problem solving and management of work-related stress.

• Banks

• Corporates

• Liaison with various industry forums

• Regulatory authorities

• Financial offices

• Other verticals within the bank

• Should be of pleasing temperament, calm, composed and firm but courteous.

• Should be willing to accept lateral placement in any other department/branch in the bank.