Jobs at Lloyds – Assistant Manager

Job Description:

Support the day- to- day activity and workflow of the Banking Operations team, to facilitate the delivery of Commercial Lending Servicing, Working Capital and Bi-lateral Standby Letter of Credit products to meet the business requirements of LBCM in North America.

Job Responsibilities:

• Coordinate with relevant stakeholders to ensure adequate cash collateral is in place, if required
• Ensure Sanctions activity related to working capital and Letter of Credit activities are in accordance with the policies of the bank
• Actively participate and contribute to the management team of Operations, and provide support and backup to the other management members
• Manage exception processing for transactions and endure escalation to Relationship Managers, Product teams, Transaction Execution, Credit and Risk, Head of Operations, as appropriate.
• Ensure the timely distribution of invoices for Letter of Credit transactions, and collection of fees
• Provide input and review of Master Reimbursement/Credit Agreements prior to execution to ensure operational effectiveness
• Provide technical support and guidance to facilitate the execution of participation certificates for working capital facilities, manage the funding, recording and settlement of client invoices
• Support the day to day activity and workflow of the Banking Operations team to ensure accurate and timely processing
• Provide support for high volume and sensitive transactions, to ensure activities are completed in accordance with time lines as agreed within Agreements
• Assist VP in all aspects of managing operations including providing coverage for VP in his/her absence
• Oversight of facility limits to identify shortfalls, and engage Credit and Relationship Managers to seek resolution

Job Requirements:

• Experience in risk management related to daily processing, escalation of issues and proposed resolution
• Proven aptitude in innovation, agile working and project implementation
• Proven ability to deliver against tight deadlines, with the best outcome for the client and the organisation in mind
• Minimum of 3 years of experience supporting Commercial Lending, and Working Capital & Standby Letter of Credit Transactions
• Bachelor’s Degree
• Minimum of 3 years of experience in supporting a medium diverse operations team in a Global Commercial Bank
• Experience in an analytical position with strong attention to detail
• Experience with commercial banking system, ACBS preferred

Job Details:

Company: Lloyds

Vacancy Type: Full Time

Job Location: New York, NY, US

Application Deadline: N/A

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