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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