Assistant Manager - Credit Administration. LilyLifestyle

Assistant Manager - Credit Administration

Location: London

Type: Permanent

We are seeking a highly motivated and detail-oriented Assistant Manager - Credit Administration to join our London-based team. This permanent role will be responsible for managing loans and advances, bank guarantees, and portfolio maintenance for bilateral credit and syndication loan accounts. The ideal candidate will bring a strong understanding of credit operations and financial analysis to support accurate reporting, client servicing, and departmental efficiency.

• Manage bilateral credit/syndication loans and bank guarantees, including drawdowns, rollovers, interest servicing, repayments, renewals, and issuance.
• Handle back-office tasks for loan accounts, including file maintenance, transaction verification and authorisation (Finacle), and internal correspondence.
• Maintain daily currency-wise cash flow coordination with Treasury.
• Liaise with back offices of agent and participating banks/branches.
• Conduct periodic review/renewal of credit facilities.
• Monitor covenants, collateral, and insurance compliance.
• Prepare and submit reports/returns accurately and on time to relevant authorities.
• Support internal departments to ensure smooth workflow and effective issue resolution.
• Maintain high levels of customer satisfaction and provide coverage for other supervisory staff during absences.

• Proven experience in credit administration, loans & advances, and bank guarantees.
• Sound knowledge of financial statement analysis and loan portfolio management.
• Proficient in Finacle, MS Word, Excel; working knowledge of Bloomberg/Reuters preferred.
• Strong communication and problem-solving skills.
• Ability to work effectively under pressure and meet tight deadlines.
• Calm temperament and professional demeanour.

This role reports directly to the Head of Credit Administration.