Loan Administration, Coordinator-Associate
About BII
British International Investment is the UK’s development finance institution, owned by the UK Government. With a mission to solve the biggest global development challenges, we aim to create a virtuous circle of investment and impact. Your contribution will be essential.
It won’t be easy: we do the hardest work in the most complex markets. Be prepared to test your skills, get creative and say your piece as you take on high-profile work as part of a diverse team of exceptionally smart, passionate people.
In return, you can take your career to all-new places in a culture that rewards curiosity and collaboration, and balances high performance with wellbeing.
BII at a glance
75 years supporting sustainable business growth in developing and emerging markets
£8.1 billion in net assets
1,400+ businesses invested in
950,000 workers in the businesses we support
£9 billion in new investments planned in the next 5 years
600+ people in our diverse global team
3 key development objectives: Productive | Sustainable | Inclusive
Team and role overview
Purpose
The Investment Operations team is made up of two groups:
- Data Management – responsible for ensuring investment related data is appropriate, accurate and consistent. Responsible for implementation and development of the Data Governance Policy.
- Portfolio Administration – responsible for ensuring all transactions are processed in a timely manner and recorded accurately. Responsible for ensuring BII’s portfolio of investments is monitored for lifecycle events and administered effectively and efficiently.
This role will sit within the Portfolio Administration team and focus on BII’s loan and guarantee investments.
Responsibilities
- Perform administration duties related to initial investment transactions, e.g. bank account set up, call backs to confirm bank details and setting up the instrument
- Monitor, check and administer ongoing lifecycle events, processing interest and principal repayments, including invoicing
- Monitor for receipt of periodic reports from investees and produce reporting for Investment Teams on outstanding items. Where necessary, liaise with investees to obtain late reports
- Work with third party loan administrators in setting rates, interest dates, interest payments and accruals
- Monitor the team inbox, assisting with ad-hoc queries, analysis and reporting
- Work with the wider Portfolio Administration team on other processes and instruments when needed
The candidate
Background, skills, aptitude
Essential skills:
- Previous experience working in a loan or similar administration function
- Organised approach to ensure timely follow up on outstanding issues and identify appropriate action to be taken
- Attention to detail ensuring a high degree of accuracy for all deliverables
- Ability to multi-task and balance activities without losing sight of deadlines
- Understanding of financial instruments and the administration processed that are required to support them
- Previous experience working with portfolio administration software, ideally eFront
- Proficient with Microsoft Office tools, particularly excel
Desirable skills:
- Experience working with Debt Domain
- IMC or IOC qualification
- Candidates should be strongly motivated by BII’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.
Our cultural values
We look for team members who aspire, as we do, to work at our best and to be:
- Impact-led, commercially rigorous
- Tenacious in the face of challenges
- Collaborative and caring
British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.
Please provide a cover letter with your application
Salary: Competitive
