
Website Lloyds
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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