Assistant Relationship Manager

KennedyPearce Consulting; City Of London; On-site; GBP 30,000 - 50,000; Full time

Job summary

KennedyPearce Consulting is seeking an Assistant Relationship Manager to join their Corporate Lending Team in London. This permanent position requires candidates with international banking experience and a strong understanding of financial statements and ratios.

The successful applicant will provide administrative support to the Corporate Relationship Managers and ensure high levels of customer service. Candidates must have full UK working rights and relevant experience in a similar role.

Qualifications

• Understanding of financial statements, standard financial ratios.
• Experience from an international banking environment working within Corporate Lending.
• Proven experience in an Assistant Relationship Manager or Relationship Support role.

Responsibilities

• Provide support to the Head of Corporate Lending and the Relationship Managers.
• Ensure high standard service to Corporate Lending customers.
• Monitor financial positions and availability of customers.

Skills

Understanding of financial statements

Knowledge of financial ratios

Customer service skills

Monitoring/checking financial covenants

Experience in Corporate Lending

Job description

City based international bank seek an Assistant Relationship Manager/Relationship support Officer to join their Corporate Lending Team. Candidates who are immediately available or on a shorter notice period would be preferred

Role Type: Permanent

5 days office based

City Location

Essential Industry Experience:

International banking within Corporate Lending, operating in an Assistant Relationship Manager OR Relationship support type role

Understanding of financial statements, standard financial ratios

About the Role

• Provide support to the Head of Corporate Lending and to the Corporate Relationship Managers on all aspects of customer service and administrative duties in the Corporate Lending Department
• Provide a first-class service to the Corporate Lending customers

Key Responsibilities

• Ensuring service is provided to Corporate Lending customers and potential customers to a high standard on all aspects
• Responsible for financial and non-financial covenants checking / monitoring for all Corporate Lending customers
• Calculating customers’ facility availability based on ‘Borrowing Base Formulas’
• Monitor the financial position and availability of customers subject to transactional finance
• Partner with the Corporate Banking Support unit to open new accounts and perform regular AML reviews on customers according to their risk profile
• Ensure that accounts are closed on a timely basis
• Clear AML-related alerts on a daily basis
• Monitoring of FX positions; responsible for booking deposits and small FX deals for Corporate Lending customers
• Ensure excesses on Corporate Lending customer accounts are cleared
• Follow up for receipt of renewals or new policies for insurance (life insurance, credit insurance etc.)
• Ensure that Corporate Lending loans are correctly set up in the computer system;
• Assist with the preparation of credit proposals as requested by the Relationship Managers
• Ensure financial statements are received for all Corporate Lending customers and to follow up for receipt of up to date financial statements on an annual basis
• Issue Head of Terms for Corporate Lending customers as requested by the Relationship Managers
• Issue Corporate Lending Facility letters as requested by the Relationship Managers
• Instruct solicitors letters as requested by the Relationship Managers

ESSENTIAL EXPERIENCE REQUIRED

• Understanding of financial statements, standard financial ratios
• Experience from an international banking environment working within Corporate Lending
• Proven experience in a Assistant Relationship Manager or Relationship Support type role
• Knowledge of financial and non-financial covenants monitoring/checking
• Understanding of preparing of credit proposals if preferred

Full UK working rights with experience gained working in the UK - please only apply if you have this