Jobs at Lloyds – Assistant Manager

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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