Loans Agency Specialist

Posted 12 August 2022
Salary £60000 - £70000 per annum
LocationCity of London
Job type Permanent
Discipline Banking Operations
ReferenceSDLAWT01_1660295762
Contact NameScott Duerden

Job description

Our client, an International provider of corporate and institutional services, investment management, and private banking, are looking to recruit a new Loans Agency Specialist to join their expanding London operations. The position offers hybrid working (2 days in the office, 3 at home) and their offices are based in the City of London.

The successful candidate will be assigned a portfolio deals and will be expected to:

  • Run and maintain a portfolio of varied deals ensuring a high level of service between both lenders and borrowers.
  • Manage a deal from signing and completion, through to termination.
  • Calculate redemption figures manually
  • Bill and maintain a timely receipt of fees
  • Process general Loan agency activities - drawdowns, rollovers, prepayments, fees
  • Monitor waivers and Amendments - from initial consent stage, to closing stage.
  • Process Amendment and Restatements
  • General deal maintenance and ad hoc requests
  • Audits
  • Account reconciliation
  • Review Loan Agreements at an operational level
  • Work very closely with Relationship Managers
  • Verify other team members work
  • Be support/subject matter expert to the more junior team members

To be considered for this position, ideal candidates must have the following experience and skills;

  • Loan Agency Experience
  • Understanding of LMA loan agreements
  • Ability to work under pressure and prioritize tasks accordingly
  • Strong work ethic, a proactive approach and a can do mentality
  • Excellent communication skills and professionalism
  • LoanIQ
  • Payment Knowledge 202+103 preferred but not essential