Loan Administration Officer

Posted 08 April 2024
Salary £40000 - £45000 per annum + Hybrid + Excellent Benefits
LocationCity of London
Job type Permanent
Discipline Banking Operations
Contact NamePaul Butterfill

Job description

Our client, a London based bank who offer excellent benefits and Hybrid working currently seek a a Loan Administration Officer

As a Loan Administration Officer you will be responsible for the administration of a portfolio of UK and overseas corporate Loan facilities consisting of syndicated, agent and bilateral deals

Duties & Responsibilities

  • Calculation, claiming and reconciliation of fees and interest
  • Liaise with Loan Administration Departments of other banks regarding instructions under syndicated transactions
  • Receive instructions from bilateral customers and act upon these in the appropriate manner
  • Manage agency loans administration throughout the loan life cycle.
  • Process general Loan agency activities - drawdowns, rollovers, prepayments, fees
  • General deal maintenance
  • Reviewing Loan Facility documentation

Essential Experience Required

  • Loan Administration or Loan Agency experience required
  • Knowledge and experience of formatting Swift messages
  • Knowledge and experience of LoanIQ is desired due to ongoing system migration project.