Loan Administration Associate (12mth FTC)
About BII
British International Investment (BII) is the UK’s leading development finance institution, wholly owned by the UK Government. Our primary mission is to address global development challenges through strategic investments that promote sustainable and inclusive economic growth.
BII focuses on catalysing economic development, creating jobs, and building resilient economies in some of the world's most complex and underserved markets. We invest in businesses and projects that prioritise inclusive development, environmental sustainability, and innovation.
Our approach is characterised by rigorous investment standards, high governance principles, and a commitment to delivering measurable development impact. Our team consists of highly skilled and passionate professionals dedicated to making a tangible difference globally.
We foster a collaborative and intellectually stimulating work environment that values curiosity, innovation, and professional growth. Our culture balances high performance with a strong emphasis on wellbeing, ensuring our employees can achieve their full potential while contributing to our mission.
BII at a glance:
Over 75 years supporting sustainable business growth in developing and emerging markets
More than £9.9 billion in net assets
1,600+ businesses invested in
950,000+ workers in the businesses we support
650+ 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 three 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.
- Reconciliations and Reporting – responsible for conducting cash and stock reconciliations, and monitoring receipt and processing reporting due from investee companies, funds and borrowers.
This role will sit within the Portfolio Administration team and focus on BII’s loan and guarantee investments.
Responsibilities
Ongoing loan administration
- 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
Project support
- Work with the Loan Administration Team Leader as a Subject Matter Expert on the ‘eFront for Loans’ project
- Review facility documentation against existing system records to identify and address booking issues
- Conduct reconciliations to validate that new system functionality delivers expected results
The candidate
Background, skills, aptitude
Essential skills:
- Previous experience working in a loan administration function
- Strong knowledge of debt products and their key attributes
- 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
- Previous experience working with loan or portfolio administration systems, 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
